Living in Hillsborough, North Carolina
Cost of living, income, home prices, rent and demographics of Hillsborough · Census data 2020–2024
Hillsborough has 9,724 residents with a median age of 42.5. The median household income is $98,163 (36% higher than the North Carolina median), the median home value is $460,100, the median rent is $1,368/month.
Hillsborough at a glance
- Population
- 9,724
- Median age
- 42.5State: 39.1
- Median household income
- $98,163State: $72,388
- Median home value
- $460,100State: $288,900
- Median rent
- $1,368/moState: $1,228
- Homeowners
- 63.8%
- Bachelor's degree or higher
- 61.4%
- Average commute
- 22 min
Is Hillsborough a good place to live?
Pros: Median household income 36% higher than the North Carolina median; an average commute of 22 minutes; unemployment of 4.1%; a poverty rate of 8%.
Cons: Home values 59% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Hillsborough
Housing is the biggest part of the cost of living. In Hillsborough the median home value is $460,100, 38% higher than the U.S. median. Renters pay a median of $1,368 per month, which is 30.9% of household income. Homeowners with a mortgage pay $2,067 a month in housing costs.
Hillsborough median household income
The median household income in Hillsborough is $98,163 and the income per person is $54,038. 8% of residents live below the poverty line (North Carolina: 13%).
Housing in Hillsborough: homes for sale and rent
- Housing units
- 4,522
- Owner-occupied
- 63.8%
- Renter-occupied
- 36.2%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 2.26
Hillsborough demographics
- Population
- 9,724
- Median age
- 42.5
- Under 18
- 22.6%
- 65 and older
- 17.8%
- Households
- 4,146
- Foreign-born
- 9.7%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Hillsborough ›
Education in Hillsborough
61.4% of adults 25 and older in Hillsborough have a bachelor's degree or higher (North Carolina: 35.7%), and 31.2% have a graduate or professional degree.
Jobs and commute in Hillsborough
- Unemployment rate
- 4.1%State: 4.7%
- Average commute
- 22 minState: 25 min
- Work from home
- 29.2%
- Drive alone
- 64.7%
- Public transit
- 0.8%
- Walk to work
- 0.6%
- Homes with broadband
- 97.9%
Hillsborough vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hillsborough | 9,724 | $98,163 | $460,100 | $1,368 |
| Efland | 1,611 | $65,735 | $234,600 | — |
| Carrboro | 21,204 | $85,743 | $539,400 | $1,470 |
| Mebane | 19,538 | $83,174 | $338,900 | $1,283 |
| Chapel Hill | 61,607 | $85,989 | $613,700 | $1,613 |
| Woodlawn | 1,085 | $72,734 | $327,600 | $841 |
| Durham | 291,467 | $81,619 | $392,800 | $1,508 |
| Saxapahaw | 1,301 | $59,000 | $194,000 | $753 |
| Green Level | 3,230 | $55,823 | $168,400 | $891 |
More for people moving to Hillsborough
Hillsborough ZIP code ›Weather and climate ›Living in Hillsborough: FAQ
What is the median household income in Hillsborough, NC?
The median household income in Hillsborough is $98,163, 36% 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 Hillsborough?
The median home value in Hillsborough is $460,100, compared with $288,900 in North Carolina.
How much is rent in Hillsborough?
The median gross rent in Hillsborough is $1,368 per month, about 30.9% of household income.
Is Hillsborough, NC a good place to live?
Pluses: median household income 36% higher than the North Carolina median; an average commute of 22 minutes; unemployment of 4.1%; a poverty rate of 8%. Minuses: home values 59% higher than the state median.
What is the median age in Hillsborough?
The median age in Hillsborough is 42.5 years (North Carolina: 39.1).
How long is the commute in Hillsborough?
The average commute to work in Hillsborough is 22 minutes; 29.2% of workers work from home.
What is the unemployment rate in Hillsborough?
The unemployment rate in Hillsborough is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hillsborough?
61.4% of adults in Hillsborough 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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