Light Oak, NC
Full City Profile · North Carolina · Cleveland County County
4.4
/5.0
A
Great
321
Population
223/sq mi density
$59,583
Median Income
$22,964 per capita
$87,100
Home Value
$129,590 Zillow
59°F
Avg Temperature
A
Overall
4.4 / 5.0
Strong
B
Economy
3.3 / 5.0
$59,583 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$87,100 home value, /mo rent
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$87,100
69% below
US avg: $281,900
Homeownership Rate
68.4%
5% above US avg (65.4%)
Total Housing Units
271
Median year built: 1983
Home Value by Source
Census Median
$87,100
Zillow (ZHVI)
$129,590
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.4%
Owner-Occupied
31.6%
Renter-Occupied
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
Affordability & Housing Stock
Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
68.4%
Complete Housing Data
Home Values
| Census Median Value | $87,100 |
| Zillow Home Value (ZHVI) | $129,590 |
Rent
| 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-Occupied | 68.4% |
| Renter-Occupied | 31.6% |
| Homeownership Rate | 68.4% |
| Total Housing Units | 271 |
| Median Year Built | 1983 |
| Rent Burden | 30.1% |