Housing data for Governors Village, NC
Governors Village, NC has an estimated 2,295 residents and 851 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Chatham County.
39.9% of households rent.
The median gross rent is $1,779 a month.
Figures last updated on .
- Residents
- 2,295 (±753)
- Housing units
- 851 (±204)
- Households that rent
- 39.9%
- Median gross rent
- $1,779
What stands out in Governors Village
Homes in buildings of 5 or more units: 18.4% (±8.8 points) in Governors Village, higher than in Chatham County (4.2%).
Households that rent: 39.9% (±13.9 points) in Governors Village, higher than in Chatham County (19.4%).
Homes built before 1980: 1.9% (±10.2 points) in Governors Village, lower than in Chatham County (23.7%).
Median gross rent: $1,779 (±$188) in Governors Village, higher than in Chatham County ($1,180).
- Types of homes in Governors Village
- Renters and owners in Governors Village
- Median rent in Governors Village
Housing in Governors Village at a glance
- Median rent: $1,779 median gross rent a month
- Rent by bedrooms: $1,837 median gross rent, 2 bedrooms
- Rent burden: 32.2% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 39.9% of households rent
- Income and affordability: $125,857 median household income
- Home values: $602,100 median home value
- Homeowner costs: $2,649 median monthly cost with a mortgage
- Property taxes: $3,365 median real estate taxes a year
- Types of homes: 18.4% of homes are in buildings of 5 or more units
- Bedrooms: 64.1% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 1.9% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 68.8% heat with utility gas
- Commute and cars: 16.7 minutes average trip to work
- How long people stay: 35.2% moved in since 2020
- Crowding and facilities: 6.2% of homes have more than 1 person per room (Small sample: wide margin of error)
Governors Village against Chatham County, its state and the nation
| Governors Village | Chatham County | North Carolina | United States | |
|---|---|---|---|---|
| Residents | 2,295 (±753) | 80,151 (exact) | 10,730,404 (exact) | 334,922,499 |
| Housing units | 851 (±204) | 35,914 (±45) | 4,895,668 (±642) | 143,775,355 |
| Households that rent | 39.9% (±13.9 points) | 19.4% (±2.3 points) | 33.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,779 (±$188) | $1,180 (±$99) | $1,228 (±$5) | $1,413 |
| Median household income | $125,857 (±$57,944) | $94,317 (±$4,141) | $72,388 (±$324) | $80,734 |
| Median home value | $602,100 (±$33,244) | $446,200 (±$14,553) | $288,900 (±$1,086) | $332,700 |
| Median real estate taxes (a year) | $3,365 (±$194) | $2,847 (±$130) | $1,896 (±$8) | $3,119 |
| Built before 1980 | 1.9% (±10.2 points) | 23.7% (±2.1 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 16.7 minutes (±2.8) | 28.4 minutes (±1.1) | 25.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 100.0% (±4.9 points) | 89.1% (±1.6 points) | 90.1% (±0.2 points) | 91.0% |
| Median age of residents | 37.1 years (±9.6) | 47.6 years (±0.4) | 39.1 years (±0.2) | 38.9 years |
Governors Village covers 0.4 square miles of land, about 5,157 residents per square mile (Census Bureau Gazetteer).
Places near Governors Village
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Governors Club | 1.4 mi | — | $889,500 | 2.7% |
| Fearrington Village | 4.8 mi | $3,500 or more | $472,600 | 25.5% |
| Chapel Hill | 5.3 mi | $1,613 | $613,700 | 52.6% |
| Briar Chapel | 5.5 mi | $3,177 | $570,300 | 6.9% |
| Carrboro | 6.1 mi | $1,470 | $539,400 | 56.5% |
| Morrisville | 11 mi | $1,858 | $518,800 | 54.6% |
| Durham | 11 mi | $1,508 | $392,800 | 47.7% |
| Pittsboro | 11 mi | $1,211 | $376,300 | 30.4% |
Places in North Carolina most like Governors Village
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Cary | $1,738 | $580,200 | $134,905 | 33.4% |
| Knightdale | $1,674 | $380,100 | $103,220 | 35.3% |
| Cornelius | $1,722 | $559,400 | $113,767 | 30.5% |
| Hillsborough | $1,368 | $460,100 | $98,163 | 36.2% |
| Apex | $1,902 | $576,100 | $144,135 | 23.5% |
| Elon | $2,080 | $366,300 | $84,773 | 29.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across North Carolina.
HUD Fair Market Rent for Governors Village, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,498 | $1,554 | $1,745 | $2,161 | $2,486 |
HUD income limits for Governors Village, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $26,750 | $44,500 | $71,200 |
| 2 people | $30,550 | $50,850 | $81,400 |
| 3 people | $34,350 | $57,200 | $91,550 |
| 4 people | $38,150 | $63,550 | $101,700 |
| 5 people | $41,250 | $68,650 | $109,850 |
| 6 people | $44,360 | $73,750 | $118,000 |
| 7 people | $50,040 | $78,850 | $126,150 |
| 8 people | $55,720 | $83,900 | $134,250 |
These are the limits HUD sets for its housing programs in the Durham-Chapel Hill, NC HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $129,900.
A program can use its own limits; tax-credit and local programs often do.
Governors Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Governors Village
What is the average rent in Governors Village, NC?
The Census Bureau publishes the median rather than the average: the median gross rent in Governors Village is $1,779 (±$188) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Governors Village?
The median gross rent for a one-bedroom home in Governors Village, NC is $1,421 (±$112) a month (2020–2024 American Community Survey).
How many renters are there in Governors Village?
Governors Village has an estimated 335 (±122) renting households, 39.9% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Governors Village?
The median household income in Governors Village is $125,857 (±$57,944) a year (2020–2024 American Community Survey).
What is the average home value in Governors Village, NC?
The Census Bureau publishes the median: $602,100 (±$33,244) for owner-occupied homes in Governors Village (2020–2024 American Community Survey).
What is the average mortgage payment in Governors Village?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Governors Village, NC is $2,649 (±$187) a month, including taxes, insurance and utilities.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Governors Village CDP, North Carolina
- HUD Fair Market Rents, fiscal year 2027: Durham-Chapel Hill, NC HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Durham-Chapel Hill, NC HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Governors Village CDP, North Carolina (place:27182, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .