Housing took bigger bite out of household budgets in 2025, new report shows

By: Greg Childress

Outlets: North Carolina Newsline

Published: March 2, 2026

Words: 758

Last Updated: 1 week, 2 days ago

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The percentage of North Carolina households cost-burdened by rent or mortgage payments ticked up slightly in 2025 to 29%, according to the N.C. Housing Coalition. Nearly a third —1.2 million — of the state’s 4.1 million households are cost-burdened, meaning they spend more than 30% of income on housing.

In 2024, 28% of renters and homeowners had difficulty affording their homes.

Nearly half of renters — 49%— are cost burdened, the coalition found. That’s …

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