What percentage of people rent in Old Fort, NC?

51.7% (±13.1 points) of the occupied homes in Old Fort, NC are rented (2020–2024 American Community Survey).

That is 151 renting households against 141 that own their home.

In Old Fort, the share of households that rent went from 42.3% in 2015–2019 to 51.7% in 2020–2024 (+9.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
51.7% (±13.1 points)
Renting households
151 (±55)
Median renter income
$45,987 (±$5,950)

Who rents and who owns in Old Fort

Tenure, estimate (90% margin of error)
Old FortMcDowell CountyNorth CarolinaUnited States
Renter-occupied share51.7% (±13.1 points)24.4% (±2.6 points)33.4% (±0.2 points)34.8%
Renting households151 (±55)4,550 (±521)1,428,852 (±8,279)45,017,354
Owning households141 (±48)14,088 (±549)2,853,493 (±14,473)84,210,142
Average renter household size1.6 (±0.2)2.1 (±0.1)2.3 (±0.0)2.3
Average owner household size1.9 (±0.3)2.4 (±0.1)2.5 (±0.0)2.6
Median renter household income$45,987 (±$5,950)$37,178 (±$2,883)$48,010 (±$418)$52,966
Median owner household income$52,159 (±$10,751)$66,761 (±$4,605)$88,911 (±$521)$100,009

In Old Fort, the renter share is higher than in McDowell County (24.4%).

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

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

In McDowell County, Old Fort ranks 1 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 75 of 663.

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

How renting in Old Fort has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent42.3% (±10.9 points)51.7% (±13.1 points)+9.4 percentage pointsNot a measurable change
Median gross rent$540 (±$94)$818 (±$102)+51.5%Up after inflation
Median household income$28,125 (±$4,657)$47,500 (±$5,632)+68.9%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 Old Fort

Nearest places with a published estimate, compared with Old Fort
PlaceDistanceHouseholds that rentCompared with this place
Old Fort—51.7% (±13.1 points)—
Montreat6.9 mi0.0% (±43.1 points)Lower
Black Mountain8.4 mi33.1% (±9.4 points)Lower
West Marion9.1 mi36.7% (±18.2 points)Not measurably different
Marion10 mi48.7% (±7.6 points)Not measurably different
Swannanoa12 mi21.4% (±9.0 points)Lower
Lake Lure13 mi11.9% (±6.9 points)Lower
Chimney Rock Village13 mi43.1% (±28.0 points)Not measurably different
Fairview (community)15 mi5.5% (±7.4 points)Lower

Nearby places with a measurably lower figure: Montreat, NC (0.0%), Black Mountain, NC (33.1%), Swannanoa, NC (21.4%).

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

Households that rent across McDowell County, place by place

RankPlaceHouseholds that rent
1Old Fort51.7% (±13.1 points)
2Marion48.7% (±7.6 points)
3West Marion36.7% (±18.2 points)
4Nebo25.1% (±19.9 points)

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 Old Fort

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Questions about Old Fort

How many renters are there in Old Fort?

Old Fort has an estimated 151 (±55) renting households, 51.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Old Fort?

In Old Fort, the share of households that rent went from 42.3% in 2015–2019 to 51.7% in 2020–2024 (+9.4 percentage points), not a measurable change.

How big are renting households in Old Fort?

A renting household in Old Fort has 1.6 people on average, against 1.9 in an owned home.

How much do renters earn in Old Fort?

The median renting household in Old Fort, NC has an income of $45,987 (±$5,950) a year, against $52,159 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 Old Fort town, North Carolina (place:48920, 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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