Back Page Durham (2024)

FAQs

What is a good salary in Durham, NC? ›

Average Salary in Durham, NC. $46,250 is the 25th percentile. Salaries below this are outliers. $82,161 is the 75th percentile.

The Raleigh-Cary and Durham-Chapel Hill metropolitan areas rank among the nation's hot spots for people in their mid-20s to early-40s, according to results that the real estate website CommercialCafe published May 10.

The cost of living in Durham, NC is 5% higher than the state average and same as the national average. Durham, NC housing is 8% more expensive than the U.S average, while utilities are about 12% less pricey.

Durham is a city in North Carolina with a population of 284,094. Durham is in Durham County and is one of the best places to live in North Carolina. Living in Durham offers residents a dense suburban feel and most residents own their homes. In Durham there are a lot of restaurants and parks.

In North Carolina, the cutoff for being in the top 1% of earners was $481,474 in 2020, a 19.6% bump over 2015's cutoff of $402,565. There were 47,016 tax returns in the top 1% in 2020 out of more than 4.7 million returns in North Carolina.

If you make $75,000 a year living in the region of North Carolina, USA, you will be taxed $18,175. That means that your net pay will be $56,826 per year, or $4,735 per month. Your average tax rate is 24.2% and your marginal tax rate is 34.7%.

Is Durham safer than Raleigh? Overall, the violent crime rate in Wake County is lower than that in Durham. This will vary greatly depending on your location, but it is always a good idea to be aware of your surroundings, no matter where you live.

The next most dangerous is Shildon, and Ferryhill comes in as third most dangerous. There are safer parts of Durham, identified using the same Crime Risk measurement, starting with Egglescliffe which ranks as the safest area in Durham, followed up by Seaham in second place, and Consett in third place.

Some of the most affluent areas in Durham include Aykley Heads, Neville's Cross, Langley Moor and Chester-Le-Street. These are all high income areas with higher housing prices in comparison to the rest of the county. However, they are still more affordable than many areas of the country.

Is Raleigh or Durham cheaper? ›

On average, Durham is considered to be more affordable to live in because of the low housing inventory in Raleigh. However, most of the other cost of living factors are around the same price in both cities.

The City of Durham is famously known as the “City of Medicine,” with healthcare as a major industry including more than 300 medical and health-related companies and medical practices.

Downtown Durham is easily one of the cleanest and safest cities in the country with the main area being The Historic Parish Street. It dubs itself as part of the "New South", which refers to a call for modernization of society and attitudes for cities in the south.

With low unemployment (2.8%) and an affordable cost of living, Durham is an attractive place for families to relocate.

Cost of living in NC

According to the report, single adults need about $88,317 to live comfortably and families of four need $200,762.

How much does an Upper Class make in North Carolina? As of Jun 19, 2024, the average annual pay for the Upper Class jobs category in North Carolina is $50,093 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.08 an hour. This is the equivalent of $963/week or $4,174/month.

That's as high inflation has taken a chunk out of workers' purchasing power. A separate study recently released by SmartAsset showed that the average person making an annual income of $100,000 in Charlotte is actually taking home about $76,750 after adjusting for taxes and cost of living.