How many renters in Newland, NC pay more than 30% of their income on rent?

69.6% (±29.9 points) of renting households in Newland, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

47.4% spend 35% or more.

The median renting household spends 34.4% of its income on rent.

Figures last updated on .

Paying 30% or more
69.6% (±29.9 points)
Paying 35% or more
47.4% (±21.0 points)
Median share of income
34.4% (±4.2 points)

Rent as a share of income in Newland

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentNewlandAvery CountyNorth CarolinaUnited States
Less than 15%9.6% (±8.0 points)21.5%14.1%12.6%
15% to 19.9%1.5% (±2.5 points)11.1%12.6%12.2%
20% to 24.9%7.4% (±8.3 points)15.8%13.2%12.6%
25% to 29.9%11.9% (±12.1 points)10.9%11.3%11.5%
30% to 34.9%22.2% (±21.3 points)8.3%9.3%9.2%
35% or more47.4% (±21.0 points)32.3%39.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Newland against Avery County, its state and the nation

Estimate (90% margin of error)
NewlandAvery CountyNorth CarolinaUnited States
Paying 30% or more69.6% (±29.9 points)40.6% (±13.3 points)48.9% (±0.6 points)51.1%
Paying 35% or more47.4% (±21.0 points)32.3% (±12.2 points)39.6% (±0.5 points)41.9%
Median share of income34.4% (±4.2 points)25.7% (±5.4 points)29.5% (±0.2 points)30.6%
Median renter household income$37,647 (±$18,429)$39,118 (±$8,932)$48,010 (±$418)$52,966
Median gross rent$792 (±$93)$773 (±$106)$1,228 (±$5)$1,413

In Newland, the share of renters paying 30% or more of income is not measurably different from Avery County (40.6%).

It is not measurably different from North Carolina (48.9%).

It is not measurably different from the national figure (51.1%).

In Avery County, Newland ranks 2 of 4 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 107 of 650.

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

Renters paying 30% or more of income in places near Newland

Nearest places with a published estimate, compared with Newland
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Newland—69.6% (±29.9 points)—
Sugar Mountain4.4 mi77.3% (±29.9 points)Not measurably different
Elk Park5.7 mi21.1% (±18.3 points)Lower
Banner Elk5.9 mi65.8% (±28.4 points)Not measurably different
Seven Devils7.7 mi38.5% (±105.2 points)Not measurably different
Beech Mountain8.8 mi14.0% (±57.0 points)Not measurably different
Foscoe9.5 mi6.5% (±11.0 points)Lower
Bakersville14 mi73.9% (±24.9 points)Not measurably different
Spruce Pine14 mi46.7% (±20.9 points)Not measurably different

Nearby places with a measurably lower figure: Elk Park, NC (21.1%), Foscoe, NC (6.5%).

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

Renters paying 30% or more of income across Avery County, place by place

RankPlaceRenters paying 30% or more of income
1Sugar Mountain77.3% (±29.9 points)
2Newland69.6% (±29.9 points)
3Banner Elk65.8% (±28.4 points)
4Elk Park21.1% (±18.3 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Newland

Are renters in Newland rent-burdened?

69.6% of renting households in Newland pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Newland spend on rent?

The median renting household in Newland, NC spends 34.4% (±4.2 points) of its household income on gross rent.

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 Newland town, North Carolina (place:46740, in state:37).

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

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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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