Living in Cary, North Carolina

Cost of living, income, home prices, rent and demographics of Cary · Census data 2020–2024

Cary has 179,306 residents with a median age of 40.2. The median household income is $134,905 (86% higher than the North Carolina median), the median home value is $580,200, the median rent is $1,738/month.

Cary at a glance

Population
179,306
Median age
40.2State: 39.1
Median household income
$134,905State: $72,388
Median home value
$580,200State: $288,900
Median rent
$1,738/moState: $1,228
Homeowners
66.6%
Bachelor's degree or higher
70.5%
Average commute
23 min

Is Cary a good place to live?

Pros: Median household income 86% higher than the North Carolina median; an average commute of 23 minutes; unemployment of 3.5%; a poverty rate of 5.7%.

Cons: Home values 101% higher than the state median.

The weather is best in April–May and September–October.

Cost of living in Cary

Housing is the biggest part of the cost of living. In Cary the median home value is $580,200, 74% higher than the U.S. median. Renters pay a median of $1,738 per month, which is 24.9% of household income. Homeowners with a mortgage pay $2,389 a month in housing costs.

Median home value

Cary$580,200
North Carolina$288,900
United States$332,700

Median monthly rent

Cary$1,738
North Carolina$1,228
United States$1,413

Cary median household income

The median household income in Cary is $134,905 and the income per person is $67,409. 5.7% of residents live below the poverty line (North Carolina: 13%).

Median household income

Cary$134,905
North Carolina$72,388
United States$80,734

Housing in Cary: homes for sale and rent

Housing units
73,795
Owner-occupied
66.6%
Renter-occupied
33.4%
Vacant
5.5%Includes seasonal homes
Median year built
1999
Average household size
2.57

Cary demographics

Population
179,306
Median age
40.2
Under 18
23.4%
65 and older
14.1%
Households
69,710
Foreign-born
23.9%
Veterans
4.6%Adults 18+

Race and ethnicity

White58.3%
Hispanic or Latino9.5%
Black7.9%
Asian20.4%

Hispanic or Latino can be of any race. Population history of Cary ›

Education in Cary

70.5% of adults 25 and older in Cary have a bachelor's degree or higher (North Carolina: 35.7%), and 33.7% have a graduate or professional degree.

Bachelor's degree or higher

Cary70.5%
North Carolina35.7%
United States35.7%

Jobs and commute in Cary

Unemployment rate
3.5%State: 4.7%
Average commute
23 minState: 25 min
Work from home
36.5%
Drive alone
56.3%
Public transit
0.3%
Walk to work
1%
Homes with broadband
96.6%

Cary vs nearby towns

TownPopulationMedian incomeHome valueRent
Cary179,306$134,905$580,200$1,738
Morrisville31,422$125,396$518,800$1,858
Apex70,630$144,135$576,100$1,902
Holly Springs45,248$135,578$535,800$2,021
Raleigh481,031$85,395$415,800$1,572
Carolina Meadows555$126,007$443,800$3,501
Governors Village2,295$125,857$602,100$1,779
Fuquay-Varina40,485$115,497$451,500$1,720
Governors Club1,787$235,625$889,500—

More for people moving to Cary

Cary ZIP code ›Weather and climate ›

Living in Cary: FAQ

What is the median household income in Cary, NC?

The median household income in Cary is $134,905, 86% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cary?

The median home value in Cary is $580,200, compared with $288,900 in North Carolina.

How much is rent in Cary?

The median gross rent in Cary is $1,738 per month, about 24.9% of household income.

Is Cary, NC a good place to live?

Pluses: median household income 86% higher than the North Carolina median; an average commute of 23 minutes; unemployment of 3.5%; a poverty rate of 5.7%. Minuses: home values 101% higher than the state median.

What is the median age in Cary?

The median age in Cary is 40.2 years (North Carolina: 39.1).

How long is the commute in Cary?

The average commute to work in Cary is 23 minutes; 36.5% of workers work from home.

What is the unemployment rate in Cary?

The unemployment rate in Cary is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cary?

70.5% of adults in Cary have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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