Fearrington Village, NC Profile: Facts & Data

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Fearrington Village, North Carolina - Basic Facts

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The Fearrington Village CDP(1) had a population of 2,502 as of July 1, 2021. Fearrington Village ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Fearrington Village is located at latitude 35.8038 and longitude -79.0903 in Chatham County. The formal boundaries for the Fearrington Village Census Designated Place encompass a land area of 1.78 sq. miles and a water area of 0.01 sq. miles. Chatham County is in the Eastern time zone (GMT -5). The elevation is 459 feet.

The Fearrington Village Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Fearrington Village Census Designated Place is located within Township of Williams, a minor civil division (MCD) of Chatham County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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  1. Fearrington Village 2021 Demographic Data
  2. Growth Rates for Fearrington Village (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2021 Demographics
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Fearrington Village, NC Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 2,502 (100%)
Population in Households 2,497 (99.8%)
Population in Families 1,913 (76.5%)
Population in Group Quarters1 5 ( 0.2%)
Population Density 1,401
Diversity Index2 18
 
 

INCOME

Median Household Income $75,723
Average Household Income $116,036
% of Income for Mortgage4 22%
Per Capita Income $58,551
Wealth Index5 194
 

HOUSING

Total HU (Housing Units) 1,573 (100%)
Owner Occupied HU 1,287 (81.8%)
Renter Occupied HU 176 (11.2%)
Vacant Housing Units 110 ( 7.0%)
Median Home Value $387,241
Average Home Value $414,444
Housing Affordability Index3 120
 

HOUSEHOLDS

Total Households 1,463
Average Household Size 1.71
Family Households 916
Average Family Size 2
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.6% 1.55%
Households 0.57% 1.59%
Families 1.35% 1.46%
Median Household Income   3.96%
Per Capita Income   2.49%
Owner Occupied HU   1.6%

Fearrington Village, NC - Peer Comparisons by Rank and Percentile

The table below compares Fearrington Village to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 287 61st
Population Density # 113 85th
Median Household Income # 80 89th
Housing Affordability Index # 98 13th
Per Capita Income # 16 98th
Diversity Index # 675 9th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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