These Are The 10 Richest Cities In North Carolina For 2018


We analyzed over 147 places in North Carolina to determine where the 1% live.

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Weddington, Oak Ridge, Marvin: These cities aren’t just some of the best places to live in North Carolina. They are also home to some of the richest people in the Tar Heel State.

Weddington in particular houses the richest residents in the state thanks, in part, to a median household income of $125,966 and a ridiculously low poverty rate of 1.4%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in North Carolina share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 134 places in North Carolina with more than 5,000 people.

At the end of the day, here’s the set of the 10 richest places in North Carolina for 2018:

  1. Weddington (Photos | Homes For Sale)
  2. Oak Ridge (Photos | Homes For Sale)
  3. Marvin (Homes For Sale)
  4. Summerfield (Photos | Homes For Sale)
  5. Holly Springs (Photos | Homes For Sale)
  6. Pinehurst (Photos | Homes For Sale)
  7. Apex (Photos | Homes For Sale)
  8. Cary (Photos | Homes For Sale)
  9. Morrisville (Photos | Homes For Sale)
  10. Davidson (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in North Carolina.

Rich people not your cup of tea? Feel free to check out the best places to live in North Carolina or the poorest.

How We Determined The Richest Places In North Carolina For 2018

Map Of The Richest Cities In North Carolina
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 134 places with more than 5,000 people in North Carolina, we ranked each place from 1 to 134 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Weddington, crowned the “Richest Place In North Carolina For 2018”.

You can learn more about the top ten below or skip to the end to see the rankings for all 134 places.

1. Weddington

Weddington, North Carolina

Source: Public domain

Population: 10,254
Median Income: $125,966
Unemployment Rate: 3.0%
Poverty Rate: 1.4%
More on Weddington: Homes For Sale | Data

2. Oak Ridge

Oak Ridge, North Carolina

Population: 6,617
Median Income: $109,509
Unemployment Rate: 2.4%
Poverty Rate: 3.3%
More on Oak Ridge: Homes For Sale | Data
Oak Ridge is a town in northwestern Guilford County, North Carolina, United States. The population was 6,185 at the 2010 census, up from 3,988 at the 2000 census. As of 2015 the population had risen to an estimated 6,671. Oak Ridge is 15 miles (24 km) northwest of the center of Greensboro, North Carolina’s third-largest city, and it is a part of the Piedmont Triad urban area.

3. Marvin


Population: 6,056
Median Income: $185,862
Unemployment Rate: 4.5%
Poverty Rate: 2.9%
More on Marvin: Homes For Sale | Data

4. Summerfield

Summerfield, North Carolina

Population: 10,758
Median Income: $100,724
Unemployment Rate: 4.1%
Poverty Rate: 2.2%
More on Summerfield: Homes For Sale | Data
Summerfield is a town in Guilford County, North Carolina, United States. The population was 7,018 at the 2000 census. At the 2010 census, the population had risen to 10,232. The official town limits of Summerfield is entirely located within Guilford County.

5. Holly Springs

Holly Springs, North Carolina

Population: 30,126
Median Income: $98,041
Unemployment Rate: 4.0%
Poverty Rate: 3.9%
More on Holly Springs: Homes For Sale | Data
Holly Springs is a town in Wake County, North Carolina, United States. As of the 2010 census, the town population was 24,661, over 2½ times its population in 2000.

6. Pinehurst

Pinehurst, North Carolina

Population: 15,522
Median Income: $78,338
Unemployment Rate: 4.0%
Poverty Rate: 1.7%
More on Pinehurst: Homes For Sale | Data
Pinehurst is a village in Moore County, North Carolina, United States. As of the 2010 census, the city population was 13,124. It is home of the historic golf resort, Pinehurst Resort. A large portion of the central village, including the resort complexes, is a National Historic Landmark District, designated in 1996 for its landscape design (by Frederick Law Olmsted) and its significance in the history of golf in the United States.

7. Apex

Apex, North Carolina

Source: Public domain

Population: 43,893
Median Income: $95,283
Unemployment Rate: 4.7%
Poverty Rate: 4.6%
More on Apex: Homes For Sale | Data
Apex is a town in Wake County, North Carolina and a suburb of Raleigh, North Carolina. The U.S. Census Bureau estimates the town’s population to be 43,907 as of July 1, 2014.

8. Cary

Cary, North Carolina

Population: 155,822
Median Income: $94,617
Unemployment Rate: 4.0%
Poverty Rate: 5.9%
More on Cary: Homes For Sale | Data
Cary /kæri/ is the seventh-largest municipality in North Carolina. Cary is predominantly in Wake, with a small area in Chatham counties in the U.S. state of North Carolina and is the county’s second-largest municipality and the third-largest municipality in The Triangle after Raleigh and Durham. The town’s population was 135,234 as of the 2010 census (an increase of 43.1% since 2000), making it the largest town and seventh-largest municipality statewide. The U.S. Census Bureau estimates the town’s population to be 159,769 as of July 1, 2015. Cary is the second most populous incorporated town (behind only Gilbert, Arizona) in the United States.

9. Morrisville

Morrisville, North Carolina

Population: 22,600
Median Income: $92,769
Unemployment Rate: 3.9%
Poverty Rate: 6.3%
More on Morrisville: Homes For Sale | Data
Morrisville is a town located in both Wake and Durham counties of the U.S. state of North Carolina. The population was 18,576 at the 2010 census. The U.S. Census Bureau estimates the town’s population to be 21,932 as of July 1, 2013. Morrisville is part of the Research Triangle metropolitan region. The regional name originated after the 1959 creation of the Research Triangle Park, located midway between the cities of Raleigh and Durham. The Research Triangle region encompasses the U.S. Census Bureau’s Combined Statistical Area (CSA) of Raleigh-Durham-Cary. The estimated population of the Raleigh-Durham-Cary CSA was 1,565,223 as of July 1, 2006, with the Raleigh-Cary Metropolitan Statistical Area (MSA) portion estimated at 994,551 residents. The U.S. headquarters of Chinese multinational Lenovo are located in the municipal limits.

10. Davidson

Davidson, North Carolina

Population: 12,076
Median Income: $109,907
Unemployment Rate: 5.6%
Poverty Rate: 4.7%
More on Davidson: Homes For Sale | Data
Davidson is a lakeside town on Lake Norman in northern Mecklenburg County in the U.S. state of North Carolina. The population was 10,944 at the 2010 census. It is home to Davidson College. The town is centered on the college from which it takes its name.

There You Have It – The Wealthiest Places In North Carolina For 2018

Like we said earlier, when we set out to identify the richest places in North Carolina, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in North Carolina.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in North Carolina, according to data:

Poorest: Boone
2nd Poorest: Roxboro
3rd Poorest: Henderson

For more North Carolina reading, check out:

  • 10 Best Places To Raise A Family In North Carolina
  • 10 Safest Cities in North Carolina
  • 10 Most Dangerous Cities In North Carolina
  • Detailed List Of The Richest Cities In North Carolina

    Rank City RichScore Median Income
    1 Weddington 1.83 $125,966
    2 Oak Ridge 3.5 $109,509
    3 Marvin 7.0 $185,862
    4 Summerfield 7.0 $100,724
    5 Holly Springs 8.0 $98,041
    6 Pinehurst 10.33 $78,338
    7 Apex 12.33 $95,283
    8 Cary 12.5 $94,617
    9 Morrisville 13.0 $92,769
    10 Davidson 14.67 $109,907
    11 Cornelius 15.17 $86,355
    12 Huntersville 15.67 $90,633
    13 Matthews 15.83 $75,205
    14 Stokesdale 16.33 $94,934
    15 Stallings 18.5 $80,858
    16 Waxhaw 20.5 $86,771
    17 Wesley Chapel 20.5 $103,438
    18 Clemmons 21.5 $67,783
    19 Mills River 21.83 $61,863
    20 Fletcher 22.17 $58,298
    21 Lewisville 22.33 $72,994
    22 Wake Forest 23.0 $81,200
    23 Harrisburg 25.5 $88,865
    24 Mint Hill 25.83 $69,336
    25 Indian Trail 26.67 $72,726
    26 Unionville 27.33 $63,771
    27 Knightdale 28.17 $67,167
    28 Winterville 29.17 $63,958
    29 King 29.5 $54,471
    30 Trinity 33.5 $49,208
    31 Carrboro 34.67 $53,513
    32 Fuquay-Varina 38.5 $70,226
    33 Garner 38.83 $59,812
    34 Archdale 39.83 $52,696
    35 Mooresville 41.0 $63,632
    36 Rolesville 41.5 $91,000
    37 Clayton 41.5 $60,989
    38 Wendell 42.33 $47,295
    39 Boiling Spring Lakes 42.33 $51,094
    40 Mebane 42.67 $56,037
    41 Leland 43.17 $61,127
    42 Raleigh 43.17 $58,641
    43 Carolina Beach 43.33 $61,171
    44 Oak Island 43.67 $52,462
    45 Chapel Hill 44.33 $65,373
    46 Kernersville 44.83 $48,383
    47 Belmont 47.33 $60,314
    48 Gibsonville 49.0 $51,316
    49 Hillsborough 49.0 $50,240
    50 Nashville 49.5 $45,656
    51 Aberdeen 49.5 $49,104
    52 Concord 51.5 $56,459
    53 Elon 53.0 $45,767
    54 Asheville 53.83 $44,946
    55 Durham 54.67 $52,115
    56 Black Mountain 56.0 $41,807
    57 Mount Holly 56.33 $48,712
    58 Southern Pines 57.0 $47,235
    59 Kill Devil Hills 57.33 $48,517
    60 Charlotte 57.5 $55,599
    61 Butner 58.17 $46,642
    62 Pineville 59.0 $40,597
    63 Hope Mills 63.83 $47,941
    64 Mocksville 64.67 $38,806
    65 Sawmills 64.83 $37,197
    66 Havelock 67.67 $46,748
    67 Brevard 67.67 $38,370
    68 Angier 68.33 $43,354
    69 Cherryville 68.33 $43,942
    70 Waynesville 68.67 $37,612
    71 Hickory 70.17 $41,533
    72 Kannapolis 70.5 $45,863
    73 Greensboro 70.67 $42,802
    74 Jacksonville 75.17 $41,095
    75 Mount Airy 75.5 $35,831
    76 Wilmington 75.83 $43,855
    77 High Point 77.0 $43,322
    78 Monroe 79.33 $44,267
    79 Gastonia 80.0 $43,003
    80 Burlington 80.0 $37,862
    81 Conover 80.0 $43,418
    82 Fayetteville 80.17 $43,882
    83 Sanford 80.33 $42,070
    84 New Bern 80.5 $41,970
    85 Morehead City 81.83 $39,368
    86 Hendersonville 85.17 $34,620
    87 Tarboro 87.0 $33,107
    88 Winston-Salem 87.33 $40,898
    89 Morganton 89.17 $38,782
    90 Wilson 89.33 $38,046
    91 Woodfin 90.0 $36,114
    92 Reidsville 90.67 $35,599
    93 Spring Lake 91.67 $38,340
    94 Williamston 92.0 $34,769
    95 Smithfield 92.33 $33,415
    96 Asheboro 92.5 $34,100
    97 Newton 93.17 $33,756
    98 Thomasville 93.67 $36,796
    99 Graham 96.0 $32,020
    100 Albemarle 98.0 $34,863

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