Cost of Living in Hoke County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Hoke County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hoke County ranks #2,458 of 3,142 counties for affordability (bottom 22%)
Sourced county brief
Hoke County Median Monthly Owner Costs Reach $1,143
Median selected monthly owner costs for all owner-occupied housing units in Hoke County were estimated at $1,143. This value is $216 higher than the North Carolina unweighted county mean of $927. The median home value was recorded at $219,300, which is below the state unweighted county mean of $235,312. For renter households, the median gross rent is $1,089 per month, compared to the state unweighted county mean of $977. The official gross rent as a percentage of household income (GRAPI) was estimated at 30.1%, which is 1.2 percentage points above the unweighted county mean of 28.9%. Median renter-household income in the county was reported at $38,394. These statistics are based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates and are derived from tables B25064, B25071, B25077, B25088, and B25119. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Hoke County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.1% of renter household income in Hoke County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,089 per month; median selected monthly owner costs are $1,143. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $43,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The North Carolina unweighted mean of county median rents is $977 per month. Hoke County's $1,089 median is 11.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hoke County
Rent Burden
20.1%
of gross income
Max Housing (28% Rule)
$1,515
per month
Owner Cost Burden
21.1%
of gross income
The median home in Hoke County may be a stretch
Median home value is $219,300. Estimated monthly cost: $1,751 vs. your max of $1,515.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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