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Colerain, NC

Full City Profile · North Carolina · Chowan County County

3.0 /5.0
B Good
291 Population 1,119/sq mi density
$92,917 Median Income $38,468 per capita
$155,800 Home Value $210,199 Zillow
$818 Median Rent 13.9% income on rent
62°F Avg Temperature 299 sunny days/yr
582 Violent Crime/100K 3,413 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$92,917 median income, 6.6% unemployment
A+
Affordability
5.0 / 5.0
$155,800 home value, $818/mo rent
F
Safety
1.0 / 5.0
582 violent crimes/100K (53% above avg)
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher

Housing Overview

Median Home Value
$155,800
45% below
US avg: $281,900
Median Rent
$818/mo
30% below
US avg: $1,163/mo
Homeownership Rate
73.2%
12% above US avg (65.4%)
Total Housing Units
125
Median year built: 1954

Home Value by Source

Census Median
$155,800
Zillow (ZHVI)
$210,199
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.2%
Owner-Occupied
26.8%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $818/mo

Affordability & Housing Stock

Rent Burden
13.9%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
73.2%

Complete Housing Data

Home Values

Census Median Value$155,800
Zillow Home Value (ZHVI)$210,199

Rent

Census Median Rent$818
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied73.2%
Renter-Occupied26.8%
Homeownership Rate73.2%
Total Housing Units125
Median Year Built1954
Rent Burden13.9%