Mecklenburg County
North Carolina · Pop. 1,145,089
Ranked #113 of 200 counties
38Crisis
Median Home Price
🏠$400K
4.5% YoY
Median Rent
🔑$1,600
Median Income
💰$68K
Rent Burden
📊31.0%
% of income to rent
Housing Shortage
🏗️38,000
estimated unit deficit
Building Permits (2024)
📋14,000
Price-to-Income Ratio
⚖️5.9x
Homeownership Rate
🏡55.0%
How Mecklenburg County Compares
| Metric | Mecklenburg County | North Carolina | National |
|---|---|---|---|
| Home Price | $400K | $309K | $410K |
| Rent | $1,600 | $1,245 | $1,500 |
| Income | $68K | $71K | $75K |
| Rent Burden | 31.0% | 31.5% | 30.0% |
| Homeownership | 55.0% | 66.0% | 65.0% |
Key Takeaways
- • Home prices are 2% below the national average.
- • Rent is 7% above the national average.
- • The county has an estimated housing shortage of 38,000 units.
- • 14,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.5%.