Orange County has the highest per capita income in North Carolina according to the 2017 State of the Community report put together by the Chapel Hill-Carrboro Chamber of Commerce and the Triangle Community Foundation.
The report, citing the U.S. Bureau of Economic Analysis, has Orange County’s per capita income at $55,338. For the state of North Carolina, the per capita income is $40,759. Behind Orange County in rankings is Mecklenburg, Chatham and Wake County.
According to the United States Census, only 28.4 percent of people 25 or older in North Carolina have a Bachelor’s degree or higher. But in Orange County, 56.6 percent of residents over 25 have a Bachelor’s degree or higher according to the report.
The percentages increase even more when one looks specifically at Carrboro and Chapel Hill. Sixty-eight percent of Carrboro’s residents over 25 have a bachelor’s degree or higher, and that number grows to 74 percent in Chapel Hill.
Orange County has a higher cost of living composite index compared to Charlotte, Durham and Raleigh.