Department of Numbers

Housing Units, Population and Cost Rank Measures for North Carolina

Here we explore the evolution and dynamics of the housing supply in North Carolina, the relative cost of North Carolina housing, the housing mix and the change in North Carolina population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the North Carolina population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to North Carolina sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for North Carolina

The data below track the total number of housing units in North Carolina, the total 18 and over population in North Carolina and the ratio of the 18 and over North Carolina population to the number of housing units. Over the past 5 years, the number of North Carolina housing units increased by 6.64% while the 18 and over population increased by 7.07%. As a result, the ratio of the 18 and over population to housing units increased from 1.719 to 1.726. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
North Carolina Housing Units 4,748,148 +1.35% +6.64%
North Carolina 18+ Population 8,194,112 +1.33% +7.07%
North Carolina 18+ Pop. / Units 1.726 -0.000 +0.007

North Carolina 18+ Population to Units Ratio Trends: North Carolina, US

North Carolina Housing Units and 18+ Population History

Date North Carolina Housing Units North Carolina 18+ Population North Carolina 18+ Pop. / Units
2019 4,748,148 8,194,112 1.726
2018 4,684,962 8,086,762 1.726
2017 4,622,656 7,972,229 1.725
2016 4,540,697 7,849,894 1.729
2015 4,491,090 7,754,752 1.727
2014 4,452,464 7,653,396 1.719
2013 4,394,515 7,563,892 1.721
2012 4,375,400 7,468,071 1.707
2011 4,362,956 7,367,259 1.689
2010 4,333,479 7,277,315 1.679
2009 4,258,573 7,107,276 1.669
2008 4,200,447 6,982,283 1.662

more history ...

North Carolina Relative Housing Cost Percentile by Price and Rent

This data shows where North Carolina falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, North Carolina was at the 39.22% percentile for home prices and the 49.02% percentile for the cost of rent. Over the past 5 years, North Carolina home prices have become less expensive compared to the rest of the country and rent in North Carolina has become less expensive over the past 5 years relative to the rest of the country.

North Carolina Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
North Carolina Home Price Percentile 39.22% +1.97% 0.00%
North Carolina Rent Percentile 49.02% 0.00% 0.00%

North Carolina Trends in Home Price and Rent Percentile: North Carolina, US

North Carolina Home Price and Rent Percentile History

Date North Carolina Home Price Percentile North Carolina Rent Percentile
2019 39.22% 49.02%
2018 37.25% 49.02%
2017 35.29% 49.02%
2016 37.25% 45.10%
2015 39.22% 49.02%
2014 39.22% 49.02%
2013 41.18% 47.06%
2012 43.14% 49.02%
2011 43.14% 43.14%
2010 39.22% 47.06%
2009 39.22% 47.06%
2008 39.22% 41.18%

more history ...

North Carolina Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in North Carolina by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 8.51% while the total number of rented units in North Carolina increased by 3.57%. Units that were vacant1 increased by 6.04% over the last 5 years.

North Carolina Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
North Carolina Owner Occ. Units 2,642,709 +1.14% +8.51%
North Carolina Renter Occ. Units 1,403,639 +0.36% +3.57%
North Carolina Vacant Units 701,800 +4.20% +6.04%

North Carolina Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in North Carolina as a fraction of total housing units.

North Carolina Owned, Rented and Vacant Units History

Date North Carolina Owner Occ. Units North Carolina Renter Occ. Units North Carolina Vacant Units
2019 2,642,709 1,403,639 701,800
2018 2,612,904 1,398,558 673,500
2017 2,586,616 1,368,453 667,587
2016 2,493,388 1,389,035 658,274
2015 2,455,141 1,388,604 647,345
2014 2,435,384 1,355,236 661,844
2013 2,414,717 1,342,763 637,035
2012 2,441,626 1,289,699 644,075
2011 2,449,902 1,233,462 679,592
2010 2,465,551 1,205,308 662,620
2009 2,449,917 1,196,178 612,478
2008 2,451,157 1,144,018 605,272

more history ...

North Carolina Population

This data shows the population of North Carolina for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has increased by 0.15% while the 18 and over population has increased by 7.07%.The total population of North Carolina has increased by 5.47% in the last 5 years.

Changes in North Carolina Population

2019 1 Year Change 5 Year Change
North Carolina Population Under 18 2,293,972 -0.13% +0.15%
North Carolina Population 18+ 8,194,112 +1.33% +7.07%
North Carolina Total Population 10,488,084 +1.01% +5.47%

North Carolina Population Age Share: Under 18, 18 and Over: 18+, Under 18

North Carolina Population History

Date North Carolina Population Under 18 North Carolina Population 18+ North Carolina Total Population
2019 2,293,972 8,194,112 10,488,084
2018 2,296,858 8,086,762 10,383,620
2017 2,301,190 7,972,229 10,273,419
2016 2,296,894 7,849,894 10,146,788
2015 2,288,050 7,754,752 10,042,802
2014 2,290,568 7,653,396 9,943,964
2013 2,284,168 7,563,892 9,848,060
2012 2,284,002 7,468,071 9,752,073
2011 2,289,142 7,367,259 9,656,401
2010 2,284,243 7,277,315 9,561,558
2009 2,273,608 7,107,276 9,380,884
2008 2,240,131 6,982,283 9,222,414

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

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