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Carrboro, NC

Full City Profile · North Carolina · Chatham County County

3.5 /5.0
B+ Good
21,170 Population 3,267/sq mi density
$85,927 Median Income $53,514 per capita
$507,100 Home Value $422,372 Zillow
$1,337 Median Rent 29.6% income on rent
60°F Avg Temperature 310 sunny days/yr
146 Violent Crime/100K 2,326 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$85,927 median income, 2.8% unemployment
B
Affordability
3.3 / 5.0
$507,100 home value, $1,337/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A+
Education
5.0 / 5.0
70.4% bachelor's degree or higher

Income Overview

Median Household Income
$85,927
14% above
US avg: $75,149
Per Capita Income
$53,514
37% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
5.2%
58% below
US avg: 12.4%

Income Comparison: Carrboro vs. U.S. Average

Each bar shows Carrboro’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$85,927
114%
Per Capita
US: $39,052
$53,514
137%
IRS Avg AGI
US: $72,000
$125,177
174%
Avg Weekly Wage
US: $1,432
$998
70%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$998
30% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
23.9%
57% above US avg (15.2%)
Drive Alone
52.5%
28% below US avg (73.2%)
Public Transit
7.7%
53% above US avg (5.0%)
County GDP
$2,919M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 52.5%
Public Transit 7.7%
Work From Home 23.9%
Other 15.9%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,182
Restaurants
119
Healthcare
163
Retail
189
Manufacturing
71

Tax & Financial

IRS Avg Adjusted Gross Income
$125,177
74% above US avg ($72,000)
Avg Property Tax
$5,662
62% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$85,927
Per Capita Income$53,514
IRS Avg Adjusted Gross Income$125,177
Avg Weekly Wage$998
County GDP$2,919M

Hardship Indicators

Unemployment Rate2.8%
Poverty Rate5.2%
Gini Coefficient0.496
Cost of Living Index94.3

Commute

Mean Commute23 minutes
Drive Alone52.5%
Public Transit7.7%
Work From Home23.9%

Businesses

Total Establishments2,182
Restaurants119
Healthcare163
Retail189
Manufacturing71

Tax

IRS Avg AGI$125,177
Avg Property Tax$5,662