HomeMy WebLinkAbout2025 Housing Profile - New Hanover Countyof New Hanover County are
cost-burdened. 34%
33,863 households
Families that spend more than 30% are considered cost-burdened, more than 50%, are considered severely cost-burdened.
Renters
who have difficulty
affording their homes:54%
20,080 households
Homeowners
who have difficulty
affording their homes:13,783 households
22%
$27,570
Childcare
$50,370
Teacher $32,910 Firefighter
Average Annual Salaries
The mission of the North Carolina Housing Coalition is to lead a movement to ensure
that every North Carolinian has a home in which to live in dignity and opportunity.
When Housing Costs Too Much
When housing costs become too much, a family can lose their home. This takes an incredible toll not only
on a family, but also on the entire community.
200 families faced a foreclosure
this year...
families faced an eviction
filing this year... 3,135*Fair Market Rents, regularly published by HUD, represent the cost to rent a moderately-priced dwelling
unit in the local housing market. The above FMR is for a
two-bedroom unit. Visit nchousing.org/county-fact-sheets for complete annual salary data.
$30.38 hour
Housing Wage:
The hourly wage needed to afford a Fair Market Rent apartment.
An income of $63,200 per year is needed
to afford the Fair Market Rent.
$1,580 monthly Fair Market Rent*:
for evictions among
renter households.
Ranks #36
(1 = highest and 100 = lowest)
Join the movement:
nchousing.org
RenterRenterHomeownerHomeowner
State
48%54%
19%22%
County
Homeowner/Renter Cost Burdened 2025
The 2025 Housing Need in New Hanover County