Cost of Living in Chapel Hill, North Carolina
Chapel Hill has a population of about 61,607. The median household income is $85,989, median gross rent is $1,613/month, and the median home value is $613,700. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Chapel Hill expensive to live in?
Compared with the national median in this dataset, rent in Chapel Hill is about the national median and home values are 64% above the national median. Household income here is about the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Chapel Hill?
The median gross rent in Chapel Hill, North Carolina is $1,613 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Chapel Hill?
The median owner-occupied home value in Chapel Hill is $613,700 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Chapel Hill?
The median household income in Chapel Hill is $85,989 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.