North Carolina is known for being a beautiful place to live with its world-class universities, technology companies, and government agencies, it is a hub of activity and innovation.
It’s no wonder that the population of North Carolina continues to grow at such an impressive rate. But what makes the cities of North Carolina so attractive?
Most people would be quick to say that it’s the weather, the attractions, or the friendly people who call North Carolina home. But what about those who are looking for a little more out of life?
What about those who want to live in a place where they can feel safe and secure while enjoying all that life has to offer? To answer these questions we must look at the wealthiest cities in North Carolina.
The 10 Richest Cities in North Carolina
North Carolina is one of the oldest states in the country. It was founded in 1789 and has been a part of the United States ever since.
The state has many extremely wealthy cities, but some aren’t as well-off. Its diverse economy has made it one of the most livable states in the country.
In fact, North Carolina often tops lists for best places to retire. The state boasts more than just its coastal cities; it has several suburbs with thriving economies and communities.
But which are the wealthiest?
Here are the 10 richest cities in North Carolina, based on median household income:
1. Marvin — Median Income of $206,469
Marvin is a town in Union County, North Carolina. Marvin is home to many high-end residential developments and a large number of horses and horse farms.
It’s a small city with a population of 6,553. A major portion of the population works in sales, office, administrative support, management occupations, and food preparation and serving related occupations.
It was founded as a place for wealthy people to live, and it is still a very affluent area. The town is located about 25 miles southeast of Charlotte, North Carolina.
The town of Marvin has an average income of over $206,469 per year, with the median family size being four people. This makes it one of the wealthiest cities in North Carolina and the United States as a whole.
Related: The 10 Richest Cities In Oklahoma
2. Weddington — Median Income of $136,891
The city is located just south of Charlotte and is a perfect place to live if you’re looking for a nice neighborhood and a good school district.
Like all of Union County, Weddington has been experiencing steady growth over the last few years. Weddington has some of the best schools in the state, with high graduation rates and high test scores on state assessments.
The school system has received awards for academic excellence and has received national recognition for its achievements. Weddington is a beautiful city that has many different neighborhoods with various housing styles and price points.
Many new homes are being built in Weddington, so there are always options available for those who want something brand new!
Weddington offers plenty of shopping options, including major retailers like Target, Costco, Best Buy, Home Depot, Lowes, Walmart, and more!
3. Oak Ridge — Median Income of $127,578
Oak Ridge is one of the wealthiest cities in North Carolina with a median household income of $127,578. It is a small city, with a population of under 9,000, but it’s also home to some of the most expensive houses in the state.
The average home price in Oak Ridge is $564,900, and it has been growing consistently over the years. The city’s unemployment rate is lower than the national average, and there are many more jobs to apply for here than in most other places in North Carolina.
The town is located near two major airports. These airports are important to the business community because they provide access to both domestic and international destinations.
In addition, they allow people who live outside of Raleigh or Charlotte to easily get around town without having to worry about traffic congestion on I-85.
Related: The 10 Richest Cities In Indiana
4. Davidson — Median Income of $124,853
So it’s no wonder that the town was named one of the best places to live in North Carolina by Money magazine.
But it isn’t just high-income families that are making their homes in this small town near Charlotte—it’s also home to Davidson College.
The town’s main street is lined with local businesses selling everything from coffee to jewelry to art. So it’s no surprise that Davidson isn’t considered a cheap vacation destination.
5. Wesley Chapel — Median Income of $124,760
With a population of just 8,974 people, Wesley Chapel is also an idyllic small town with a friendly feel and sprawling country estates. The town is a wonderful place to live and raise a family.
With excellent schools and plenty of things to do, this charming town is a great choice for those looking to move to North Carolina.
If you’re looking for a quiet place to settle down or raise your family then Wesley Chapel might be just what you’ve been looking for!
This community features amenities including golf courses, parks, restaurants, and shops.
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6. Apex — Median Income of $112,549
Apex is one of the wealthiest towns in North Carolina with an average household income of over $112,549. The town’s historic main street has been recognized as one of the best places to live in America.
The town has a small-town feel but boasts a large number of high-end shopping and dining options as well as an array of outdoor activities for all ages.
It’s also home to some of the best schools in the state. The crime rate is low and there are plenty of employment opportunities here if you’re looking to move your family.
Local attractions include the Halle Cultural Arts Center, which offers classes and workshops for kids as well as adults in areas such as pottery making and painting.
The Apex Nature Park, where visitors can see animals like deer, foxes, turtles, and birds. The downtown area features an eclectic mix of shops and restaurants along Salem Street
There’s something for everyone—from antique stores selling vintage items from bygone eras to trendy boutiques like “Bliss,” which sells high-end fashion clothing at affordable prices!
Related: The 10 Wealthiest Cities In Alabama
7. Holly Springs — Median Income of $112,029
Holly Springs is one of the wealthiest towns in North Carolina with a population of more than 30,000. The median household income is $112,029 (compared to $54,602 for the state), and a median home value of $531,366.
It’s a town known for its booming economy, great jobs, and low crime rate, but many people who live there will tell you Holly Springs’ most attractive quality is that it’s family-friendly.
With its proximity to Raleigh and Research Triangle Park, it’s no surprise that so many people want to call Holly Springs home.
8. Waxhaw — Median Income of $111,642
It has a diverse housing stock, from small and mid-sized starter homes to sprawling mansions. But don’t be intimidated by the price tags—there are plenty of ways to find a home that fits your budget and your needs in this lovely town.
One of the most appealing parts of Holly Springs is its tree-lined streets and parks, along with its proximity to nature preserves.
The town is situated at the edge of Jordan Lake, an expansive body of water that attracts fishermen and boaters, as well as hikers and campers who enjoy exploring its trails.
There are several neighborhoods within easy walking distance of downtown Holly Springs, which has a variety of shops, restaurants, and attractions.
One popular area is the community around Bass Lake Road. Homes here range from smaller ranch-style houses to larger estates.
Related: The 10 Wealthiest Cities In Maryland
9. St. James — Median Income of $104,850
St. James is one of the wealthiest towns in North Carolina with a median household income of nearly $104,850, which is more than twice the national average.
The area is comprised of families who have been there for generations and newcomers who are drawn to the quiet neighborhoods and excellent schools.
The town offers residents an unspoiled environment with mature trees, a variety of wildlife, and minimal commercial development.
Most homes are built on large, wooded lots that offer plenty of privacy. The majority of homes are single-family custom designs on half-acre or larger lots.
You’ll also find some smaller, less expensive ranch homes and duplexes that make great starter homes or vacation rentals.
For those who love the outdoors, St. James has miles of walking trails and bike paths and access to several lakes and rivers, including the Brunswick River and a portion of the Intracoastal Waterway.
There’s also a long list of outdoor activities available in nearby Southport, including kayaking, boat tours, fishing charters, surfing lessons, stand-up paddleboarding, and swimming at Ocean Crest Pier.
10. Cary — Median Income of $104,669
Cary is one of the wealthiest towns in North Carolina with a considerable percentage of the population making over $100K per year. With the influx of high-paying jobs and a family-friendly atmosphere, Cary is a great place to raise a family.
Among all the amenities and features, one thing that makes Cary such an ideal place to live is its proximity to Raleigh, Durham, and Chapel Hill.
All three cities are within 15 miles distance of Cary and are connected by major thoroughfares like I-40, I-440 Beltline, and I-540 Outer Beltline.
Being within proximity to 3 major cities might be a good thing but it also adds to the traffic woes and increases commute times for those who drive to work or school daily.
Living in Cary provides easy access to everything but you can save time by living near your work. In fact, you should consider commuting time as one of the factors when buying a house.
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