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Rental Insights for ZIP Code 27893 (Wilson, NC)

Housing Rentals in ZIP Code 27893 (Wilson, NC)

27893 ZIP Code in North Carolina

A Detailed Snapshot of Renters in the ZIP Code 27893

The 27893 ZIP Code is predominantly located in Wilson, NC in Wilson County. The estimated median housing rent in this region of North Carolina is $720 per month. About 56.3% of all housing units in this Wilson County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 4.6%.

The median rent in ZIP Code 27893 of $720 per month is 21% lower than the aggregate North Carolina median monthly rent of $907, and is 32% lower than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 27893, about 65.4% of renters pay between $500 and $999 per month for housing. That is 33% higher than in North Carolina overall, in which 49.3% of total state residents pay between $500 and $999 per month for housing. Only 0.2% of renters in this Wilson, NC region pay between $2,500 and $2,999 per month for rent.

ZIP Code 27893 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 27893

See the chart below for a comparison of monthly rental costs in ZIP Code 27893, North Carolina, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 27893 along with those in the state of North Carolina and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 27893

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 27893 North Carolina U.S.
Less than $500 18.6% 10.4% 9.4%
$500 to $999 65.4% 49.3% 36.2%
$1,000 to $1,499 14.1% 29.9% 30.0%
$1,500 to $1,999 1.3% 7.6% 14.0%
$2,000 to $2,499 0.3% 1.8% 5.6%
$2,500 to $2,999 0.2% 0.5% 2.4%
$3,000 or more 0.0% 0.5% 2.4%

Rent Cost vs. Income in ZIP Code 27893

Renters in ZIP Code 27893 use an estimated 30.93% of their income to cover their monthly rent payments. That is about 6% higher than in North Carolina overall. The estimate for North Carolina overall is 29.19% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 27893 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 27893 come in lower than in North Carolina as a whole. The median annual household income in ZIP Code 27893 of $34,006 sits approximately 38% lower than the overall North Carolina median income of $54,602 and approximately 46% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 27893

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 27893, North Carolina, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 27893 along with the same calculations in the state of North Carolina and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 27893

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 27893 North Carolina U.S.
Less than 15.0 percent 10.4% 14.1% 13.1%
15.0 to 19.9 percent 11.2% 13.6% 12.9%
20.0 to 24.9 percent 14.3% 13.2% 12.9%
25.0 to 29.9 percent 11.0% 11.6% 11.6%
30.0 to 34.9 percent 9.2% 9.1% 9.1%
35.0 percent or more 44.0% 38.3% 40.5%

Household Income in ZIP Code 27893

See the table below for the regional comparison of annual household income in ZIP Code 27893.

Income ZIP 27893 North Carolina U.S.
Less than $10,000 10.5% 6.4% 6.0%
$10,000 to $14,999 9.9% 5.0% 4.3%
$15,000 to $24,999 16.8% 10.3% 8.9%
$25,000 to $34,999 14.1% 10.3% 8.9%
$35,000 to $49,999 15.3% 13.9% 12.3%
$50,000 to $74,999 16.3% 18.0% 17.2%
$75,000 to $99,999 8.0% 12.4% 12.7%
$100,000 to $149,999 6.4% 13.1% 15.1%
$150,000 to $199,999 1.5% 5.1% 6.8%
$200,000 or more 1.1% 5.4% 7.7%

Household Income in ZIP Code 27893

See the chart below for a comparison of annual household income figures in ZIP Code 27893, North Carolina, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 27893 alongside the same figures for the state of North Carolina and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 27893

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 27893.

ZIP 27893 North Carolina U.S.
Median Housing Rent $720 $907 $1,062
Renter-Occupied Housing Units 56.3% 34.8% 36.0%
Rental Vacancy Rate 4.6% 6.8% 6.0%
Average Size of Renter-Occupied Unit 2.56 2.43 2.49
Average # of Bedrooms Per Unit 2.53 2.84 2.75
Percent of Income Spent on Rent 30.93% 29.19% 29.83%
Per Capita Income $19,421 $30,783 $34,103
Median Household Income $47,382 $76,940 $88,607
Living Below the Poverty Line 21.8% 10.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 27893

In ZIP Code 27893 (Wilson, NC), and estimated 56.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.6%.

The per capita income in 27893 is estimated at $19,421, which goes along with an estimated median household income of $47,382. About 21.8% of residents in this Wilson County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.56 occupants, while the units have an aggregate average size of 2.53 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.93% of their income on housing rental costs.

Rental FAQs for ZIP Code 27893

1

What is the median monthly rent in ZIP Code 27893?

Median rent for housing in ZIP Code 27893 in Wilson County in North Carolina is approximately $720 per month.
2

Is it expensive to rent in ZIP Code 27893?

Rent in ZIP Code 27893 is lower than average in the state of North Carolina overall. The median monthly rent of $720 in ZIP Code 27893 is approximately 21% lower than the North Carolina median of $907. Additionally, median rent in this Wilson, NC region ($720) is about 32% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 27893?

High-priced rentals are not common in the Wilson, NC ZIP Code of 27893, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of North Carolina overall, approximately 0.5% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 27893?

Affordable rentals are more common in ZIP Code 27893 than in North Carolina overall. The percentage of housing rentals in ZIP Code 27893 costing $999 or less per month (84%) is approximately 41% higher than the North Carolina rate of 59.7% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 84% lower than the previously mentioned 27893 rate of 84%.
5

What is the most common cost range that rentals fall into in ZIP Code 27893?

The most common range for rental cost in ZIP Code 27893 is between $500 and $999 per month. About 65.4% of renters in 27893 pay in this range for monthly rent. In comparison, approximately 49.3% of renters in the state of North Carolina fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 27893 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 27893 is lower than the rental vacancy rate in the state of North Carolina overall. Rental vacancy of 4.6% in ZIP Code 27893 is about 32% lower than the North Carolina rate of 6.8%. Looking more broadly, rental vacancy in this Wilson, NC region (4.6%) is an estimated 23% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 27893? How does it compare to other North Carolina regions?

Median household income in ZIP Code 27893 is lower than in the state of North Carolina overall. Annual household income of $34,006 in ZIP Code 27893 is about 38% lower than the North Carolina median of $54,602. Additionally, median household income in this Wilson, NC region ($34,006) is approximately 46% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 27893 spend on housing costs?

Renters in ZIP Code 27893 spend a higher amount of their income on rent costs than do renters in North Carolina overall. Renters in ZIP Code 27893 spend an estimated 30.93% of their income on rent payments, which is about 6% higher than the overall North Carolina estimated rate of 29.19%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 4% lower than the ZIP Code 27893 estimated rate of 30.93%.
9

Do renters in ZIP Code 27893 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 27893 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 27893 spending 30 percent or more of their income on rent costs (53.2%) is approximately 12% higher than the North Carolina rate of 47.4% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 7% lower than the aforementioned 27893 rate of 53.2%.
10

What is the average household size of renter-occupied units in ZIP Code 27893?

The average household size of renter-occupied units in ZIP Code 27893 is higher than in the state of North Carolina overall. Annual household size of 2.56 in ZIP Code 27893 is about 5% higher than the North Carolina median of 2.43. Additionally, median household size in this Wilson, NC region (2.56) is approximately 3% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other North Carolina ZIP Codes