Durham, North Carolina Income Statistics

Durham Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Durham Below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Durham North Carolina Avg US Average
Median Household Income $79,821 $72,438 $80,455
Median Personal Income $61,816 $54,489 $60,758
Average Yearly Income Growth 6.0% 5.2% 4.8%
Six-Figure Earners 15.7% 11.9% 13.9%
$200k+ Households 12.6% 10.4% 13.2%

The median household income in Durham is about 10% higher than in North Carolina. Income has been growing faster in Durham (6.0%/yr) than in North Carolina (5.2%/yr).

About 16% of adults in Durham earn six figures ($100,000 or more) a year, higher than the North Carolina average of 12%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Durham
United States

Median household income in Durham, North Carolina grew by 75.8% from 2009 to 2024, reaching $79,821 in 2024. That's an average of about 6.0% per year.

Year Durham United States

Income Inequality and the Gender Pay Gap in Durham

Metric Durham North Carolina Avg US Average
Gini Coefficient 0.533 0.547 0.552
Male Median Income $69,383 $63,136 $69,667
Female Median Income $63,984 $52,579 $56,850
Gender Pay Gap 7.8% 16.7% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Durham, it is 0.533, lower than North Carolina's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 8% more than women's income in Durham, North Carolina. Over a 35-year career, a 8% wage gap accumulates to roughly $188,965 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Durham, North Carolina has widened from about 5% to 8% in 2024. Over that period the gap was widest at 12% in 2021, and was narrowest at 2% in 2015. In dollar terms, the gap has widened by $3,456 since 2009.

Sharply against the trend: the pay gap in Durham widened by 3.1 points while North Carolina's narrowed by 3.0 points.

Year Male Income Female Income Gap %

Employment

Metric Durham North Carolina Avg US Average
Unemployment Rate 3.8% 4.6% 5.2%
Working from Home 22.9% 16.3% 15.0%
Commute time (minutes) 20 21 22

Approximately 5,392 people are unemployed in Durham, North Carolina.

The average commute time in Durham is 20 minutes, shorter than the 21 minutes in North Carolina.

Unemployment Rate Over Time

Durham
United States

Since 2011, the unemployment rate in Durham, North Carolina has fallen from 8.5% to 3.8% in 2024. Over that period the rate peaked at 8.9% in 2013.

Year Durham United States

Durham, NC Wealth Compared With Nearby Cities

How Durham, NC compares with the 2 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Durham, NC 249,652 $79,821 #3/3 6.0%/yr #1/3 3.8% #2/3 0.533 #2/3
Chapel Hill, NC 57,175 $84,975 4.0%/yr 4.8% 0.656
Morrisville, NC 22,339 $136,940 3.7%/yr 3.5% 0.499

Conclusion

Considering all these factors, Durham, North Carolina has an overall wealth index grade of C, making it somewhat better than North Carolina, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Durham, North Carolina.

How Rich Is Durham, North Carolina?

Durham has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $79,821, about 10% higher than the North Carolina average of $72,438.

How has median household income changed in Durham, North Carolina?

Between 2009 and 2024, the median household income in Durham, North Carolina rose 76%, from $45,394 to $79,821. Over the same years, income here outpaced North Carolina as a whole: +76% against +61%.

What was the median household income in Durham in 2023?

In 2023, the median household income in Durham, North Carolina was $75,656, up 6% from $71,410 in 2022. The North Carolina median that year was $69,937.

What was the median household income in Durham in 2020?

In 2020, the median household income in Durham, North Carolina was $59,320. By 2024 it had risen 35% to $79,821.

How many people earn six figures in Durham, North Carolina?

Yes. 16% of adults in Durham, North Carolina earn $100,000 or more a year (about 1 in 6), against 12% (about 1 in 8) in North Carolina. 13% of households have a combined income of $200,000 or more, compared with 10% in North Carolina.

What is the Gini coefficient in Durham, North Carolina?

The Gini coefficient in Durham is 0.533. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Durham, North Carolina?

Since 2009, the income gap between men and women in Durham, North Carolina has widened from about 5% to 8% in 2024. Over that period the gap was widest at 12% in 2021, and was narrowest at 2% in 2015. In dollar terms, the gap has widened by $3,456 since 2009.

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