10 Wealthiest Cities in North Carolina Based on Median Income. With its world-class colleges, technological firms, and government agencies, North Caro
10 Wealthiest Cities in North Carolina Based on Median Income |
10 Wealthiest Cities in North Carolina Based on Median Income |Â digitalskillsguide.com
With its world-class colleges, technological firms, and government agencies, North Carolina is a hive of activity and creativity, making it a desirable area to live.
As a result, North Carolina's population continues to rise at a rapid pace.
However, what is it about North Carolina's cities that makes them so appealing?
Most people would argue that North Carolina's weather, attractions, and people are what make it such a great place to live.
People who want more out of life, on the other hand, are left out.
People who wish to feel safe and secure while still taking advantage of everything that life has to offer may be asking the wrong question.
The richest cities in North Carolina must be examined in order to provide answers to these issues.
The state of North Carolina has a long and distinguished history.
As a result of its founding in 1789, it has always been a part of the United States.
There are numerous rich cities in the state, but there are also those that are less fortunate.
As a result of its varied economy, it is one of the most livable states in the country.
As a matter of fact, North Carolina frequently ranks as one of the greatest areas to retire.
The state's coastal cities aren't its only assets; it also has a slew of prosperous suburbs.
Who, on the other hand, is the most well-off?
North Carolina's wealthiest cities, ranked by median household income, will be explained below.
Here is the list of the 10 wealthiest cities in North Carolina based on median income.
10 Wealthiest Cities in North Carolina Based on Median Income Table of Contents
1. Marvin
2. Weddington
3. Oak Ridge
4. Davidson
5. Wesley Chapel
6. Apex
7. Holly Springs
8. Waxhaw
9. St. James
10. Cary
Related:Â
1. Marvin, North Carolina
Marvin: Median Income of $206,469
Marvin, North Carolina, is a town located in Union County. In Marvin, North Carolina you'll find a great number of upscale housing projects as well as equestrian facilities galore.
10 Wealthiest Cities in North Carolina Based on Median Income |
There are just 6,553 people living here, making it a tiny town. Sales, office, administrative support, management, and food preparation and serving jobs make up a significant component of the workforce.
It was established as a privileged neighborhood, and it remains such now.
Near Charlotte, North Carolina, this community is situated about 25 miles southeast of the city.
The median family size in Marvin, NorthCarolina is four persons, with an annual income of nearly $206,469 per household.
Because of this, Marvin, North Carolina is ranked as one of the wealthiest cities in North Carolina, if not the entire country, by the World Wealth Report 2017.
2. Weddington: Median Income of $136,891
The median income in Weddington is $136,891.
Located just south of Charlotte, the city has a great school district and is a great location to call home.
Weddington has a median household income of $136,891 vs a state average of $54,602 according to Datausa.io—a difference of more than four times!
Weddington, like the rest of Union County, has seen steady expansion in recent years.
In Weddington, the finest schools in the state have high graduation rates and excellent test scores on state exams.
The school system has won honors for academic performance and has been recognized by the national community.
In Weddington, there are a variety of communities with a variety of home types and price ranges.
There are a lot of new houses being constructed in Weddington, so there's always something fresh to choose from!
Target, Costco, Best Buy, Home Depot, Lowes, Walmart, and a slew of other big-name stores are all here in Weddington.
10 Wealthiest Cities in North Carolina Based on Median Income |
3. Oak Ridge: Median Income of $127,578
Oak Ridge, North Carolina, has a typical household income of $127,578 making it one of the wealthiest communities in the state.
While it's a little town, it's also home to some of the most costly homes in the state, with a population of just 9,000.
With an average property price of $564,900 and a steady rise over the years, Oak Ridge is a desirable place to live.
Compared to the national average, the city's unemployment rate is lower, and there are more jobs available here than in most other North Carolina cities.
The community is situated near two major airports. For businesses, these airports are critical since they allow for both domestic and foreign travel.
People who reside outside Raleigh or Charlotte can get about town without having to deal with traffic on I-85 thanks to these routes.
4. Davidson: Median Income of $124,853
Davidson has a median income of $124,853 and is the fourth most prosperous city.
In a light-hearted manner: This wealthy town in North Carolina boasts a typical family income of $124,853 and an average property value in excess of $562,524.
As a result, it's no surprise that the town was voted one of Money magazine's greatest places to live in North Carolina.
Davidson College is also located in this little town near Charlotte, so it's not simply wealthy families that are choosing to settle here.
Local shops selling anything from coffee to jewelry to art fill the town's main thoroughfare.
A pricey vacation in Davidson isn't entirely surprising, given the town's history and popularity.
5. Wesley Chapel: Median Income of $124,760
A median income of $124,760 can be found in Wesley Chapel, North Carolina.
One of North Carolina's richest cities, Wesley Chapel has a typical house or condo value of $551,980 and a median household income of $124,760.
In addition to its modest population of 8,974 people, Wesley Chapel is also known for its pleasant atmosphere and expansive rural estates.
To live and raise a family in the town is an excellent choice of location.
If you're searching for a place to settle down in North Carolina, go no further than this lovely town.
Wesley Chapel is a great area to raise a family or retire if you're searching for peace and quiet.
Golf courses, parks, restaurants, and retail establishments abound in this suburban neighborhood.
6. Apex: Median Income of $112,549
There are about 112,549 people living in Apex, making it one of the richest communities in North Carolina.
An American city's historic main street has been ranked as one of the finest places to live.
There are a lot of high-end retail and eating alternatives as well as a wide variety of outdoor activities for all ages in the area, which has a small-town vibe.
Several of the state's top colleges and universities are located here as well. It's a safe place to raise a family, with a low crime rate and a wide range of work prospects.
Attractions in the region include the Halle Cultural Arts Center, which provides programs in pottery-making and painting for adults and children.
Visitors to the Apex Nature Park can view deer, foxes, turtles, and a variety of birds.
Salem Street, which runs through the heart of downtown, is home to a diverse array of stores and eateries.
Whether you're looking for a vintage antique store or a fashionable boutique like "Bliss," there's something for everyone in the area!
10 Wealthiest Cities in North Carolina Based on Median Income |
7. Holly Springs: Median Income of $112,029
With a population of over 30,000, Holly Springs is one of North Carolina's richest communities.
More over half of all households had an annual income of $112,029, compared to the state's $54,602 average.
Even though Holly Springs has a strong economy and low crime rate, many residents claim that the town's most appealing feature is its family-friendly atmosphere.
No wonder so many people want to live in Holly Springs, given its close proximity to Raleigh and the Research Triangle Park.
8. Waxhaw: Median Income of $111,642
With a typical household income of $111,642 and a median home value of $567,958, Holly Springs is one of the wealthiest communities in North Carolina.
Its housing stock ranges from modest starter houses to large estates.
But don't let the high prices scare you away—there are lots of options in this charming city to locate a property that meets your needs and your budget.
Holly Springs' tree-lined streets and parks, as well as its closeness to natural preserves, make it a desirable place to live.
Jordan Lake, a large body of water that draws fisherman and boaters, as well as hikers and campers who love exploring its pathways, is located just outside the town.
Several communities are conveniently located near downtown Holly Springs, which is home to a wide range of retail establishments, dining establishments, and attractions.
The neighborhood around Bass Lake Road, where homes range in size from modest ranches to sprawling estates, is a favorite choice for homebuyers.
9. St. James: Median Income of $104,850
This North Carolina town has a typical household income of about $104,850, which is more than double the national average.
A mix of long-time residents and recent settlers inhabits the region, which is known for its peaceful neighborhoods and top-notch public schools.
An abundance of wildlife, mature trees, and low commercial development are all available to the town's people, making it an ideal place to live.
Large, forested lots are the norm for most residences, which provides plenty of solitude.
On half-acre or larger properties, the vast majority of houses are custom, single-family residences.
The ranch and duplex sizes are also less costly, making them excellent starting houses or short-term rental properties.
Walking and biking trails and access to many lakes and rivers are available in St. James for people who enjoy the great outdoors, including the Brunswick River and part of the Intracoastal Waterway.
Other outdoor activities in Southport include kayaking, fishing excursions, stand-up paddleboarding and swimming at the Ocean Crest Pier in the adjacent town of Southport.
10 Wealthiest Cities in North Carolina Based on Median Income |
10. Cary: Median Income of $104,669
In the city of Cary, the median household income is $104,669, according to the most recent figures available.
There are many people in Cary who earn more than $100,000 a year, which makes it one of the wealthiest communities in North Carolina.
Cary is a fantastic area to raise a family because of the flood of well-paying employment and the welcoming ambiance.
Cary's closeness to Raleigh, Durham, and Chapel Hill is just one of the many reasons why it's a great area to live.
Cary is only 15 miles away from all three cities, which are linked by major highways such as the I-40, I-440 Beltline, and I-540 Outer Beltline. All three cities.
As a bonus, being near three large metropolises increases traffic and travel times for individuals who drive to work or school every day.
Cary is a great place to live because it's so close to everything, but if you work in the city, it'll save you time.
When looking for a new home, you should take commute time into account.
Conclusion
Hope you enjoyed this post about the 10 wealthiest cities in North Carolina based on median income.