Rent to Income Ratio Comparison
Housing

North Carolina vs Tennessee: Rent to Income Ratio

Tennessee has a lower rent to income ratio than North Carolina.

North Carolina flag
North Carolina
NC • South
21.4%
Annualized median gross rent as a share of median household income.
Tennessee flag
Tennessee
TN • South
Winner
21.2%
Annualized median gross rent as a share of median household income.

Visual Comparison

North Carolina 21.4%
Tennessee 21.2%

Difference: 0.20 percentage points — Tennessee leads.

Related Context

Rent Burden in Context

This ratio shows how much of a median paycheck goes straight to the landlord — the higher, the less breathing room renters have.

Metric
North Carolina
Tennessee
Median Gross Rent
$1,142/mo
$1,096/mo
Median Household Income
$63,947
$62,166
Income After Rent (mo.)
$4,187/mo
$4,084/mo
Median Home Value
$273,600
$269,600
Cost of Living Index
96.4
92.0

What This Means

North Carolina vs Tennessee: Rent to Income Ratio in context

Tennessee has a rent to income ratio of 21.2%, compared with 21.4% in North Carolina. Annualized median gross rent as a share of median household income.

North Carolina
21.4%
Tennessee
21.2%
Difference
0.20 percentage points

People Also Ask

North Carolina vs Tennessee Rent to Income Ratio — Common Questions

Q What is North Carolina's rent to income ratio?

North Carolina's rent to income ratio is 21.4%.

Q What is Tennessee's rent to income ratio?

Tennessee's rent to income ratio is 21.2%.

Q Which state has a lower rent to income ratio — North Carolina or Tennessee?

Tennessee has a lower rent to income ratio than North Carolina.

More Comparisons: North Carolina vs Tennessee

Grouped tabs keep the deep-dive links tighter and easier to scan.

Median Housing Value Median Gross Rent Median Monthly Owner Costs With Mortgage Owner Costs Without Mortgage Homeownership Rate Home Value to Income Ratio Owner Costs to Income
Full Comparison

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Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset, with minimum wage data from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.