Holly Acres / Gum Tree, NC

Neighborhood

Rent in Holly Acres / Gum Tree

Median Gross Rent

$915

Rent-to-Income Ratio

23.4%

Renter Share

10.9%

Median Renter Income

$39,162

Avg Household Size

2.6

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 64.8%
$1,000-$1,500: 7.3%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 28.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 29.0%
20-30% (moderate): 35.8%
30-50% (cost-burdened): 7.3%
50%+ (severely cost-burdened): 0.0%
Not Computed: 28.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $89,702
Renter Households: $39,162

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 72.0%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 28.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Holly Acres / Gum Tree

Neighborhood

Davidson, NC

Holly Acres / Gum Tree

Bethesda / Bryans Woods

Rolling Acres / The Oaks

Green Valley / Georgetown

Parkwood / Union Ridge