What percentage of people rent in Spring Hope, NC?

Name: Renters and owners in Spring Hope, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

47.8% (±9.1 points) of the occupied homes in Spring Hope, NC are rented (2020–2024 American Community Survey).

That is 315 renting households against 344 that own their home.

In Spring Hope, the share of households that rent went from 62.8% in 2015–2019 to 47.8% in 2020–2024 (−15.0 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 47.8% (±9.1 points)
Renting households: 315 (±74)
Median renter income: $27,958 (±$7,135)

Who rents and who owns in Spring Hope

Tenure, estimate (90% margin of error)
	Spring Hope	Nash County	North Carolina	United States
Renter-occupied share	47.8% (±9.1 points)	36.4% (±1.8 points)	33.4% (±0.2 points)	34.8%
Renting households	315 (±74)	14,139 (±752)	1,428,852 (±8,279)	45,017,354
Owning households	344 (±91)	24,658 (±799)	2,853,493 (±14,473)	84,210,142
Average renter household size	1.6 (±0.2)	2.4 (±0.1)	2.3 (±0.0)	2.3
Average owner household size	2.6 (±0.6)	2.5 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$27,958 (±$7,135)	$47,292 (±$3,849)	$48,010 (±$418)	$52,966
Median owner household income	$51,250 (±$19,387)	$80,587 (±$5,344)	$88,911 (±$521)	$100,009

In Spring Hope, the renter share is higher than in Nash County (36.4%).

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

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

In Nash County, Spring Hope ranks 4 of 11 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 113 of 663.

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

How renting in Spring Hope has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	62.8% (±8.3 points)	47.8% (±9.1 points)	−15.0 percentage points	Measurable decrease
Median gross rent	$687 (±$143)	$763 (±$253)	+11.1%	No measurable change after inflation
Median household income	$32,017 (±$12,817)	$38,393 (±$14,440)	+19.9%	No measurable change 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 Spring Hope

Nearest places with a published estimate, compared with Spring Hope
Place	Distance	Households that rent	Compared with this place
Spring Hope	—	47.8% (±9.1 points)	—
Momeyer	3.6 mi	14.9% (±11.4 points)	Lower
Lake Royale	4.9 mi	5.5% (±6.0 points)	Lower
Bunn	8.1 mi	34.8% (±16.4 points)	Not measurably different
Nashville	8.7 mi	48.0% (±8.3 points)	Not measurably different
Castalia	10.0 mi	34.0% (±19.6 points)	Not measurably different
Bailey	11 mi	41.7% (±12.3 points)	Not measurably different
Middlesex	12 mi	36.6% (±10.8 points)	Not measurably different
Sims	13 mi	14.8% (±13.7 points)	Lower

Nearby places with a measurably lower figure: Momeyer, NC (14.9%), Lake Royale, NC (5.5%), Sims, NC (14.8%).

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

Households that rent across Nash County, place by place

Rank	Place	Households that rent
1	Rocky Mount	51.0% (±2.8 points)
2	Whitakers	48.1% (±16.5 points)
3	Nashville	48.0% (±8.3 points)
4	Spring Hope	47.8% (±9.1 points)
5	Sharpsburg	47.2% (±12.6 points)
6	Bailey	41.7% (±12.3 points)
7	Middlesex	36.6% (±10.8 points)
8	Castalia	34.0% (±19.6 points)
9	Dortches	16.1% (±9.7 points)
10	Momeyer	14.9% (±11.4 points)

Showing 10 of 11 places in Nash 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.

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Questions about Spring Hope

How many renters are there in Spring Hope?

Spring Hope has an estimated 315 (±74) renting households, 47.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Spring Hope?

In Spring Hope, the share of households that rent went from 62.8% in 2015–2019 to 47.8% in 2020–2024 (−15.0 percentage points), a measurable decrease.

How big are renting households in Spring Hope?

A renting household in Spring Hope has 1.6 people on average, against 2.6 in an owned home.

How much do renters earn in Spring Hope?

The median renting household in Spring Hope, NC has an income of $27,958 (±$7,135) a year, against $51,250 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 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 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.