Living in Chapel Hill, North Carolina

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

Chapel Hill has 61,607 residents with a median age of 25.8. The median household income is $85,989 (19% higher than the North Carolina median), the median home value is $613,700, the median rent is $1,613/month.

Chapel Hill at a glance

Population
61,607
Median age
25.8State: 39.1
Median household income
$85,989State: $72,388
Median home value
$613,700State: $288,900
Median rent
$1,613/moState: $1,228
Homeowners
47.4%
Bachelor's degree or higher
76.6%
Average commute
20 min

Is Chapel Hill a good place to live?

Pros: Median household income 19% higher than the North Carolina median; an average commute of 20 minutes; unemployment of 4.5%.

Cons: Home values 112% higher than the state median; a poverty rate of 18.6%.

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

Cost of living in Chapel Hill

Housing is the biggest part of the cost of living. In Chapel Hill the median home value is $613,700, 84% higher than the U.S. median. Renters pay a median of $1,613 per month, which is 36% of household income. Homeowners with a mortgage pay $2,912 a month in housing costs.

Median home value

Chapel Hill$613,700
North Carolina$288,900
United States$332,700

Median monthly rent

Chapel Hill$1,613
North Carolina$1,228
United States$1,413

Chapel Hill median household income

The median household income in Chapel Hill is $85,989 and the income per person is $51,406. 18.6% of residents live below the poverty line (North Carolina: 13%).

Median household income

Chapel Hill$85,989
North Carolina$72,388
United States$80,734

Housing in Chapel Hill: homes for sale and rent

Housing units
23,581
Owner-occupied
47.4%
Renter-occupied
52.6%
Vacant
10.1%Includes seasonal homes
Median year built
1988
Average household size
2.38

Chapel Hill demographics

Population
61,607
Median age
25.8
Under 18
14.9%
65 and older
12.6%
Households
21,189
Foreign-born
15.3%
Veterans
2.8%Adults 18+

Race and ethnicity

White64.9%
Hispanic or Latino7.6%
Black11.4%
Asian13.4%

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

Education in Chapel Hill

76.6% of adults 25 and older in Chapel Hill have a bachelor's degree or higher (North Carolina: 35.7%), and 45.2% have a graduate or professional degree.

Bachelor's degree or higher

Chapel Hill76.6%
North Carolina35.7%
United States35.7%

Jobs and commute in Chapel Hill

Unemployment rate
4.5%State: 4.7%
Average commute
20 minState: 25 min
Work from home
28.1%
Drive alone
47.1%
Public transit
7%
Walk to work
8%
Homes with broadband
93.3%

Chapel Hill vs nearby towns

TownPopulationMedian incomeHome valueRent
Chapel Hill61,607$85,989$613,700$1,613
Carrboro21,204$85,743$539,400$1,470
Carolina Meadows555$126,007$443,800$3,501
Governors Village2,295$125,857$602,100$1,779
Governors Club1,787$235,625$889,500—
Briar Chapel6,049$166,063$570,300$3,177
Durham291,467$81,619$392,800$1,508
Fearrington Village2,356$86,116$472,600$3,501
Hillsborough9,724$98,163$460,100$1,368

More for people moving to Chapel Hill

Chapel Hill ZIP code ›Weather and climate ›

Living in Chapel Hill: FAQ

What is the median household income in Chapel Hill, NC?

The median household income in Chapel Hill is $85,989, 19% 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 Chapel Hill?

The median home value in Chapel Hill is $613,700, compared with $288,900 in North Carolina.

How much is rent in Chapel Hill?

The median gross rent in Chapel Hill is $1,613 per month, about 36% of household income.

Is Chapel Hill, NC a good place to live?

Pluses: median household income 19% higher than the North Carolina median; an average commute of 20 minutes; unemployment of 4.5%. Minuses: home values 112% higher than the state median; a poverty rate of 18.6%.

What is the median age in Chapel Hill?

The median age in Chapel Hill is 25.8 years (North Carolina: 39.1).

How long is the commute in Chapel Hill?

The average commute to work in Chapel Hill is 20 minutes; 28.1% of workers work from home.

What is the unemployment rate in Chapel Hill?

The unemployment rate in Chapel Hill is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Chapel Hill?

76.6% of adults in Chapel Hill 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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