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Carrboro, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
21,204
Population
$85,743
Median Income
$539,400
Home Value
33.4
Median Age

Demographics

Carrboro has a population of 21,204 with a median age of 33.4. Here is the racial and ethnic breakdown of the population:

White
63.3%
Hispanic
13.6%
Black
13.3%
Asian
7.2%
Other
2.6%
Demographic Value
Total Population21,204
Median Age33.4
White63.3%
Black or African American13.3%
Asian7.2%
Hispanic or Latino13.6%
Other / Two or More Races2.6%
Carrboro, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 63.3%Hispanic/Latino: 13.6%Black: 13.3%Asian: 7.2%Other: 2.6%21,204PopulationWhiteWhite63.3%Hispanic/LatinoHispanic/Latino13.6%BlackBlack13.3%AsianAsian7.2%OtherOther2.6%

Income & Economy

The median household income in Carrboro is $85,743, which is 6.4% above the national median of $80,610. The per capita income is $55,875. The poverty rate is 12.2%.

$85,743
Median Household Income
$55,875
Per Capita Income
12.2%
Poverty Rate

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Education

In Carrboro, 94.3% of residents age 25+ have a high school diploma or higher, and 69.9% hold a bachelor's degree or higher (43.5% with a graduate or professional degree).

HS Diploma+
94.3%
Bachelor's+
69.9%
Graduate+
43.5%
Education Level % of Adults (25+)
High School Diploma or Higher94.3%
Bachelor's Degree or Higher69.9%
Graduate or Professional Degree43.5%

Housing

The median home value in Carrboro is $539,400, above the national median of $303,400. The median monthly rent is $1,470. The homeownership rate is 43.5%.

$539,400
Median Home Value
$1,470/mo
Median Rent
43.5%
Homeownership Rate
Housing Metric Value
Median Home Value$539,400
Median Monthly Rent$1,470
Homeownership Rate43.5%
Vacancy Rate7.0%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Carrboro, North Carolina?
The population of Carrboro, North Carolina is 21,204 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carrboro, North Carolina?
The median household income in Carrboro, North Carolina is $85,743. This is 6.4% above the national median of $80,610.
What is the median home value in Carrboro, North Carolina?
The median home value in Carrboro, North Carolina is $539,400. The median monthly rent is $1,470.
What percentage of people in Carrboro have a college degree?
In Carrboro, North Carolina, 69.9% of adults age 25 and older hold a bachelor's degree or higher, and 94.3% have a high school diploma or higher.
Is Carrboro, North Carolina an affordable place to live?
The home price-to-income ratio in Carrboro, North Carolina is 6.3x (median home value $539,400 vs. median income $85,743), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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