What percentage of people rent in Spruce Pine, NC?
35.6% (±9.5 points) of the occupied homes in Spruce Pine, NC are rented (2020–2024 American Community Survey).
That is 396 renting households against 715 that own their home.
In Spruce Pine, the share of households that rent went from 38.8% in 2015–2019 to 35.6% in 2020–2024 (−3.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 35.6% (±9.5 points)
- Renting households
- 396 (±136)
- Median renter income
- $29,481 (±$7,011)
Who rents and who owns in Spruce Pine
| Spruce Pine | Mitchell County | North Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.6% (±9.5 points) | 23.7% (±3.7 points) | 33.4% (±0.2 points) | 34.8% |
| Renting households | 396 (±136) | 1,564 (±263) | 1,428,852 (±8,279) | 45,017,354 |
| Owning households | 715 (±160) | 5,023 (±285) | 2,853,493 (±14,473) | 84,210,142 |
| Average renter household size | 2.1 (±0.5) | 2.1 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.3) | 2.2 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $29,481 (±$7,011) | $36,339 (±$10,752) | $48,010 (±$418) | $52,966 |
| Median owner household income | $52,772 (±$18,198) | $67,739 (±$7,498) | $88,911 (±$521) | $100,009 |
In Spruce Pine, the renter share is higher than in Mitchell County (23.7%).
It is not measurably different from North Carolina (33.4%).
It is not measurably different from the national figure (34.8%).
Statewide, it ranks 272 of 663.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Spruce Pine has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 38.8% (±8.4 points) | 35.6% (±9.5 points) | −3.2 percentage points | Not a measurable change |
| Median gross rent | $584 (±$105) | $837 (±$121) | +43.3% | No measurable change after inflation |
| Median household income | $40,913 (±$8,738) | $42,098 (±$9,436) | +2.9% | 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 Spruce Pine
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Spruce Pine | — | 35.6% (±9.5 points) | — |
| Bakersville | 8.6 mi | 37.7% (±19.2 points) | Not measurably different |
| Crossnore | 11 mi | 0.0% (±72.3 points) | Not measurably different |
| Burnsville | 13 mi | 51.4% (±11.1 points) | Higher |
| Newland | 14 mi | 41.9% (±15.0 points) | Not measurably different |
| Nebo | 16 mi | 25.1% (±19.9 points) | Not measurably different |
| Marion | 17 mi | 48.7% (±7.6 points) | Higher |
| Grandfather Village | 17 mi | 0.0% (±100.0 points) | Not measurably different |
| Elk Park | 18 mi | 47.5% (±17.0 points) | Not measurably different |
Nearby places with a measurably higher figure: Burnsville, NC (51.4%), Marion, NC (48.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
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 Spruce Pine
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Questions about Spruce Pine
How many renters are there in Spruce Pine?
Spruce Pine has an estimated 396 (±136) renting households, 35.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Spruce Pine?
In Spruce Pine, the share of households that rent went from 38.8% in 2015–2019 to 35.6% in 2020–2024 (−3.2 percentage points), not a measurable change.
How big are renting households in Spruce Pine?
A renting household in Spruce Pine has 2.1 people on average, against 2.1 in an owned home.
How much do renters earn in Spruce Pine?
The median renting household in Spruce Pine, NC has an income of $29,481 (±$7,011) a year, against $52,772 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spruce Pine town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spruce Pine town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Spruce Pine town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spruce Pine town, North Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spruce Pine town, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Spruce Pine town, North Carolina (place:64260, 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.
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 .
Related
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- Median rent in Spruce Pine
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- Rent burden in Spruce Pine
- Income and affordability in Spruce Pine
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- Property taxes in Spruce Pine
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- Age of homes in Spruce Pine
- Heating fuel in Spruce Pine
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- Population growth in Spruce Pine
- How long people stay in Spruce Pine
- North Carolina landlord and tenant rules
- Housing across Mitchell County
- North Carolina places ranked by share of renters
- Housing data for every place in North Carolina