What percentage of people rent in Mills River, NC?

14.4% (±4.9 points) of the occupied homes in Mills River, NC are rented (2020–2024 American Community Survey).

That is 393 renting households against 2,334 that own their home.

In Mills River, the share of households that rent went from 19.4% in 2015–2019 to 14.4% in 2020–2024 (−5.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
14.4% (±4.9 points)
Renting households
393 (±130)
Median renter income
$79,178 (±$28,259)

Who rents and who owns in Mills River

Tenure, estimate (90% margin of error)
Mills RiverHenderson CountyNorth CarolinaUnited States
Renter-occupied share14.4% (±4.9 points)25.0% (±1.5 points)33.4% (±0.2 points)34.8%
Renting households393 (±130)12,756 (±817)1,428,852 (±8,279)45,017,354
Owning households2,334 (±226)38,311 (±892)2,853,493 (±14,473)84,210,142
Average renter household size3.5 (±0.7)2.3 (±0.1)2.3 (±0.0)2.3
Average owner household size2.5 (±0.2)2.3 (±0.0)2.5 (±0.0)2.6
Median renter household income$79,178 (±$28,259)$46,217 (±$4,837)$48,010 (±$418)$52,966
Median owner household income$115,682 (±$17,724)$79,498 (±$3,285)$88,911 (±$521)$100,009

In Mills River, the renter share is lower than in Henderson County (25.0%).

It is also lower than in North Carolina (33.4%).

It is lower than the national figure (34.8%).

In Henderson County, Mills River ranks 13 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 542 of 663.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Mills River has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent19.4% (±4.9 points)14.4% (±4.9 points)−5.0 percentage pointsNot a measurable change
Median gross rent$956 (±$239)$1,551 (±$437)+62.2%No measurable change after inflation
Median household income$66,667 (±$5,766)$105,398 (±$13,380)+58.1%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Mills River

Nearest places with a published estimate, compared with Mills River
PlaceDistanceHouseholds that rentCompared with this place
Mills River—14.4% (±4.9 points)—
Horse Shoe3.7 mi11.6% (±10.3 points)Not measurably different
Mountain Home5.0 mi24.6% (±11.5 points)Not measurably different
Etowah5.3 mi16.0% (±5.9 points)Not measurably different
Fletcher5.8 mi14.7% (±4.9 points)Not measurably different
Avery Creek5.9 mi6.5% (±7.4 points)Not measurably different
Balfour6.0 mi22.0% (±9.4 points)Not measurably different
Laurel Park6.8 mi13.5% (±6.2 points)Not measurably different
Valley Hill8.1 mi20.1% (±13.5 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Henderson County, place by place

RankPlaceHouseholds that rent
7Balfour22.0% (±9.4 points)
8Valley Hill20.1% (±13.5 points)
9Hoopers Creek17.3% (±14.4 points)
10Dana16.2% (±9.7 points)
11Etowah16.0% (±5.9 points)
12Fletcher14.7% (±4.9 points)
13Mills River14.4% (±4.9 points)
14Laurel Park13.5% (±6.2 points)
15Horse Shoe11.6% (±10.3 points)
16Flat Rock4.7% (±2.9 points)

Showing 10 of 16 places in Henderson County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Mills River

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Questions about Mills River

How many renters are there in Mills River?

Mills River has an estimated 393 (±130) renting households, 14.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Mills River?

In Mills River, the share of households that rent went from 19.4% in 2015–2019 to 14.4% in 2020–2024 (−5.0 percentage points), not a measurable change.

How big are renting households in Mills River?

A renting household in Mills River has 3.5 people on average, against 2.5 in an owned home.

How much do renters earn in Mills River?

The median renting household in Mills River, NC has an income of $79,178 (±$28,259) a year, against $115,682 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Mills River town, North Carolina (place:43260, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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