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 some more reading about North Carolina:

How We Determined The Richest Places In North Carolina For 2018

Map Of The Richest Places To Live 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.

Weddington, NC

Source: Public domain
Overall SnackAbility

5
/10

Population: 10,254.0
Median Income: $125,966.0
Unemployment Rate: 3.0%
Poverty Rate: 1.4%
More on Weddington: Real Estate | Data | Photos

Oak Ridge, NC

Overall SnackAbility

7
/10

Population: 6,617.0
Median Income: $109,509.0
Unemployment Rate: 2.4%
Poverty Rate: 3.3%
More on Oak Ridge: Real Estate | Data | Photos

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.

Overall SnackAbility

7
/10

Population: 6,056.0
Median Income: $185,862.0
Unemployment Rate: 4.5%
Poverty Rate: 2.9%
More on Marvin: Real Estate | Data

Summerfield, NC

Overall SnackAbility

6
/10

Population: 10,758.0
Median Income: $100,724.0
Unemployment Rate: 4.1%
Poverty Rate: 2.2%
More on Summerfield: Real Estate | Data | Photos

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.

Holly Springs, NC

Overall SnackAbility

10
/10

Population: 30,126.0
Median Income: $98,041.0
Unemployment Rate: 4.0%
Poverty Rate: 3.9%
More on Holly Springs: Real Estate | Data | Photos

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.

Pinehurst, NC

Overall SnackAbility

10
/10

Population: 15,522.0
Median Income: $78,338.0
Unemployment Rate: 4.0%
Poverty Rate: 1.7%
More on Pinehurst: Real Estate | Data | Photos

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.

Apex, NC

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 43,893.0
Median Income: $95,283.0
Unemployment Rate: 4.7%
Poverty Rate: 4.6%
More on Apex: Real Estate | Data | Photos

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.

Cary, NC

Overall SnackAbility

9.5
/10

Population: 155,822.0
Median Income: $94,617.0
Unemployment Rate: 4.0%
Poverty Rate: 5.9%
More on Cary: Real Estate | Data | Photos

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.

Morrisville, NC

Source: Town of Morrisville
Overall SnackAbility

8
/10

Population: 22,600.0
Median Income: $92,769.0
Unemployment Rate: 3.9%
Poverty Rate: 6.3%
More on Morrisville: Real Estate | Data | Photos

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.

Davidson, NC

Overall SnackAbility

10
/10

Population: 12,076.0
Median Income: $109,907.0
Unemployment Rate: 5.6%
Poverty Rate: 4.7%
More on Davidson: Real Estate | Data | Photos

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:

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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