How many renters in Oak Island, NC pay more than 30% of their income on rent?
60.0% (±21.8 points) of renting households in Oak Island, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
60.0% spend 35% or more.
The median renting household spends 44.6% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 60.0% (±21.8 points)
- Paying 35% or more
- 60.0% (±19.8 points)
- Median share of income
- 44.6% (±18.9 points)
Rent as a share of income in Oak Island
| Share of income spent on rent | Oak Island | Brunswick County | North Carolina | United States |
|---|---|---|---|---|
| Less than 15% | 6.3% (±6.1 points) | 11.5% | 14.1% | 12.6% |
| 15% to 19.9% | 13.6% (±14.7 points) | 13.6% | 12.6% | 12.2% |
| 20% to 24.9% | 9.0% (±10.8 points) | 9.8% | 13.2% | 12.6% |
| 25% to 29.9% | 11.1% (±10.5 points) | 13.3% | 11.3% | 11.5% |
| 30% to 34.9% | 0.0% (±9.2 points) | 5.5% | 9.3% | 9.2% |
| 35% or more | 60.0% (±19.8 points) | 46.3% | 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.
Oak Island against Brunswick County, its state and the nation
| Oak Island | Brunswick County | North Carolina | United States | |
|---|---|---|---|---|
| Paying 30% or more | 60.0% (±21.8 points) | 51.8% (±5.7 points) | 48.9% (±0.6 points) | 51.1% |
| Paying 35% or more | 60.0% (±19.8 points) | 46.3% (±5.3 points) | 39.6% (±0.5 points) | 41.9% |
| Median share of income | 44.6% (±18.9 points) | 31.7% (±4.3 points) | 29.5% (±0.2 points) | 30.6% |
| Median renter household income | $44,149 (±$29,341) | $48,968 (±$3,548) | $48,010 (±$418) | $52,966 |
| Median gross rent | $1,339 (±$148) | $1,351 (±$52) | $1,228 (±$5) | $1,413 |
In Oak Island, the share of renters paying 30% or more of income is not measurably different from Brunswick County (51.8%).
It is not measurably different from North Carolina (48.9%).
It is not measurably different from the national figure (51.1%).
In Brunswick County, Oak Island ranks 7 of 19 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 184 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 Oak Island
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Oak Island | — | 60.0% (±21.8 points) | — |
| St. James | 2.4 mi | 0.0% (±69.2 points) | Not measurably different |
| Caswell Beach | 4.1 mi | 0.0% (±141.4 points) | Not measurably different |
| Southport | 6.5 mi | 21.7% (±17.3 points) | Lower |
| Varnamtown | 6.9 mi | 100.0% (±74.8 points) | Not measurably different |
| Bald Head Island | 8.6 mi | 0.0% (±141.4 points) | Not measurably different |
| Boiling Spring Lakes | 9.4 mi | 25.1% (±19.3 points) | Lower |
| Bolivia | 11 mi | 50.0% (±111.8 points) | Not measurably different |
| Holden Beach | 12 mi | 70.8% (±77.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Southport, NC (21.7%), Boiling Spring Lakes, NC (25.1%).
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 Brunswick County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Varnamtown | 100.0% (±74.8 points) |
| 2 | Navassa | 75.9% (±38.9 points) |
| 3 | Carolina Shores | 74.4% (±55.4 points) |
| 4 | Holden Beach | 70.8% (±77.4 points) |
| 5 | Belville | 68.5% (±17.8 points) |
| 6 | Calabash | 65.8% (±20.1 points) |
| 7 | Oak Island | 60.0% (±21.8 points) |
| 8 | Leland | 56.5% (±12.6 points) |
| 9 | Shallotte | 53.5% (±22.2 points) |
| 10 | Northwest | 53.4% (±55.0 points) |
| 11 | Bolivia | 50.0% (±111.8 points) |
| 12 | Ocean Isle Beach | 42.9% (±115.2 points) |
| 13 | Sandy Creek | 28.6% (±114.5 points) |
Showing 13 of 19 places in Brunswick County, ranked from highest to lowest.
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 Oak Island
Are renters in Oak Island rent-burdened?
60.0% of renting households in Oak Island 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 Oak Island spend on rent?
The median renting household in Oak Island, NC spends 44.6% (±18.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oak Island town, North Carolina
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Oak Island town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Oak Island town, North Carolina
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 Oak Island town, North Carolina (place:48345, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free 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 .
Related
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- Income and affordability in Oak Island
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- Property taxes in Oak Island
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- Bedrooms in Oak Island
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- Crime reported to police in Oak Island
- Population growth in Oak Island
- How long people stay in Oak Island
- Crowding and facilities in Oak Island
- North Carolina landlord and tenant rules
- Housing across Brunswick County
- North Carolina places ranked by rent burden
- Housing data for every place in North Carolina