How many renters in Spring Hope, NC pay more than 30% of their income on rent?
46.5% (±14.3 points) of renting households in Spring Hope, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
33.8% spend 35% or more.
The median renting household spends 28.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 46.5% (±14.3 points)
- Paying 35% or more
- 33.8% (±10.8 points)
- Median share of income
- 28.8% (±4.0 points)
Rent as a share of income in Spring Hope
| Share of income spent on rent | Spring Hope | Nash County | North Carolina | United States |
|---|---|---|---|---|
| Less than 15% | 7.0% (±4.2 points) | 16.0% | 14.1% | 12.6% |
| 15% to 19.9% | 13.0% (±10.8 points) | 16.4% | 12.6% | 12.2% |
| 20% to 24.9% | 19.1% (±11.6 points) | 17.3% | 13.2% | 12.6% |
| 25% to 29.9% | 14.4% (±10.9 points) | 9.7% | 11.3% | 11.5% |
| 30% to 34.9% | 12.7% (±9.3 points) | 10.1% | 9.3% | 9.2% |
| 35% or more | 33.8% (±10.8 points) | 30.5% | 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.
Spring Hope against Nash County, its state and the nation
| Spring Hope | Nash County | North Carolina | United States | |
|---|---|---|---|---|
| Paying 30% or more | 46.5% (±14.3 points) | 40.6% (±4.8 points) | 48.9% (±0.6 points) | 51.1% |
| Paying 35% or more | 33.8% (±10.8 points) | 30.5% (±4.0 points) | 39.6% (±0.5 points) | 41.9% |
| Median share of income | 28.8% (±4.0 points) | 25.1% (±2.1 points) | 29.5% (±0.2 points) | 30.6% |
| Median renter household income | $27,958 (±$7,135) | $47,292 (±$3,849) | $48,010 (±$418) | $52,966 |
| Median gross rent | $763 (±$253) | $953 (±$29) | $1,228 (±$5) | $1,413 |
In Spring Hope, the share of renters paying 30% or more of income is not measurably different from Nash 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 Nash County, Spring Hope ranks 6 of 11 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 357 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 Spring Hope
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Spring Hope | — | 46.5% (±14.3 points) | — |
| Momeyer | 3.6 mi | 47.6% (±90.7 points) | Not measurably different |
| Lake Royale | 4.9 mi | 11.9% (±52.3 points) | Not measurably different |
| Bunn | 8.1 mi | 52.3% (±23.9 points) | Not measurably different |
| Nashville | 8.7 mi | 28.4% (±17.0 points) | Not measurably different |
| Castalia | 10.0 mi | 44.4% (±79.8 points) | Not measurably different |
| Bailey | 11 mi | 20.0% (±50.7 points) | Not measurably different |
| Middlesex | 12 mi | 54.0% (±28.1 points) | Not measurably different |
| Sims | 13 mi | 62.1% (±54.8 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.
Renters paying 30% or more of income across Nash County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Dortches | 96.5% (±45.6 points) |
| 2 | Sharpsburg | 63.2% (±19.8 points) |
| 3 | Whitakers | 61.7% (±32.0 points) |
| 4 | Middlesex | 54.0% (±28.1 points) |
| 5 | Momeyer | 47.6% (±90.7 points) |
| 6 | Spring Hope | 46.5% (±14.3 points) |
| 7 | Castalia | 44.4% (±79.8 points) |
| 8 | Rocky Mount | 42.2% (±5.5 points) |
| 9 | Red Oak | 29.1% (±61.7 points) |
| 10 | Nashville | 28.4% (±17.0 points) |
| 11 | Bailey | 20.0% (±50.7 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 Spring Hope
Are renters in Spring Hope rent-burdened?
46.5% of renting households in Spring Hope 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 Spring Hope spend on rent?
The median renting household in Spring Hope, NC spends 28.8% (±4.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Hope town, North Carolina
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Spring Hope town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spring Hope 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 Spring Hope town, North Carolina (place:64160, 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
- Housing in Spring Hope at a glance
- Median rent in Spring Hope
- Rent by bedrooms in Spring Hope
- Renters and owners in Spring Hope
- Income and affordability in Spring Hope
- Home values in Spring Hope
- Homeowner costs in Spring Hope
- Property taxes in Spring Hope
- Types of homes in Spring Hope
- Bedrooms in Spring Hope
- Age of homes in Spring Hope
- Heating fuel in Spring Hope
- Commute and cars in Spring Hope
- Population growth in Spring Hope
- How long people stay in Spring Hope
- North Carolina landlord and tenant rules
- Housing across Nash County
- North Carolina places ranked by rent burden
- Housing data for every place in North Carolina