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Cape Colony, NC

Full City Profile · North Carolina · Chowan County County

3.2 /5.0
B Good
470 Population 465/sq mi density
$73,438 Median Income $40,357 per capita
$178,300 Home Value $229,096 Zillow
62°F Avg Temperature 299 sunny days/yr
582 Violent Crime/100K 3,413 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$73,438 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$178,300 home value, /mo rent
F
Safety
1.0 / 5.0
582 violent crimes/100K (53% above avg)
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher

Housing Overview

Median Home Value
$178,300
37% below
US avg: $281,900
Homeownership Rate
92.7%
42% above US avg (65.4%)
Total Housing Units
300
Median year built: 1987

Home Value by Source

Census Median
$178,300
Zillow (ZHVI)
$229,096
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

92.7%
Owner-Occupied
7.3%
Renter-Occupied
93%
7%
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
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
92.7%

Complete Housing Data

Home Values

Census Median Value$178,300
Zillow Home Value (ZHVI)$229,096

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-Occupied92.7%
Renter-Occupied7.3%
Homeownership Rate92.7%
Total Housing Units300
Median Year Built1987
Rent Burden26.1%