Wake County has safe, affordable, and stable housing for everyone within the community.
Severe Housing Cost Burden in Wake County: % of households in NC that spend 50% or more of their household income on housing
Current Value
12.0
Definition
Story Behind the Curve
From 2023 to 2024, the percentage of households in NC that spend 50% or more of their household income on housing has increased slightly from 11% to 12%.
Over the past few years, housing costs have increased faster than many household incomes which has increased pressure on individual families to meet basic needs (including health insurance, healthcare, healthy foods, utilities and transportation).
Important Note: These are five-year rolling estimates. Therefore, only compare non-overlapping years.
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