What is the median household income in Governors Village, NC?
The median household income in Governors Village, NC is $125,857 (±$57,944) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,779 a month would take about $71,200 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $125,857 (±$57,944)
- Income to afford median rent
- about $71,200
Income in Governors Village against Chatham County, its state and the nation
| Governors Village | Chatham County | North Carolina | United States | |
|---|---|---|---|---|
| Median household income | $125,857 (±$57,944) | $94,317 (±$4,141) | $72,388 (±$324) | $80,734 |
| Median renter household income | — | $54,771 (±$5,793) | $48,010 (±$418) | $52,966 |
| Median owner household income | $171,282 (±$20,777) | $110,625 (±$6,998) | $88,911 (±$521) | $100,009 |
| Median gross rent | $1,779 (±$188) | $1,180 (±$99) | $1,228 (±$5) | $1,413 |
In Governors Village, median household income is not measurably different from Chatham County ($94,317).
It is not measurably different from North Carolina ($72,388).
It is not measurably different from the national figure ($80,734).
In Chatham County, Governors Village ranks 3 of 8 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 27 of 643.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Governors Village
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,779 a month ($21,348 a year) needs an income of about $71,200 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Governors Village
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Governors Village | — | $125,857 (±$57,944) | — |
| Governors Club | 1.4 mi | $235,625 (±$16,268) | Higher |
| Fearrington Village | 4.8 mi | $86,116 (±$16,896) | Not measurably different |
| Chapel Hill | 5.3 mi | $85,989 (±$5,527) | Not measurably different |
| Briar Chapel | 5.5 mi | $166,063 (±$13,257) | Not measurably different |
| Carrboro | 6.1 mi | $85,743 (±$13,984) | Not measurably different |
| Morrisville | 11 mi | $125,396 (±$12,240) | Not measurably different |
| Durham | 11 mi | $81,619 (±$2,203) | Not measurably different |
| Pittsboro | 11 mi | $81,639 (±$52,224) | Not measurably different |
Nearby places with a measurably higher figure: Governors Club, NC ($235,625).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Chatham County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Governors Club | $235,625 (±$16,268) |
| 2 | Briar Chapel | $166,063 (±$13,257) |
| 3 | Governors Village | $125,857 (±$57,944) |
| 4 | Fearrington Village | $86,116 (±$16,896) |
| 5 | Pittsboro | $81,639 (±$52,224) |
| 6 | Moncure | $54,076 (±$14,000) |
| 7 | Siler City | $46,566 (±$16,200) |
| 8 | Goldston | $39,538 (±$37,495) |
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 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).
How much do you need to make to afford rent in Governors Village?
About $71,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,779 a month.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Governors Village CDP, North Carolina
- Median Household Income by Tenure (B25119), 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
- Median Household Income (B19013), 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
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Governors Village CDP, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
- Housing in Governors Village at a glance
- Median rent in Governors Village
- Rent by bedrooms in Governors Village
- Renters and owners in Governors Village
- Home values in Governors Village
- Homeowner costs in Governors Village
- Property taxes in Governors Village
- Types of homes in Governors Village
- Heating fuel in Governors Village
- Commute and cars in Governors Village
- How long people stay in Governors Village
- North Carolina landlord and tenant rules
- Housing across Chatham County
- North Carolina places ranked by median household income
- Housing data for every place in North Carolina