Orange County NC Data & Peer Group Rankings

Orange County NC Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	146,580 (100%)
Population in Households	138,370 (94.4%)
Population in Families	101,042 (68.9%)
Population in Group Quarters¹	8,210 ( 5.6%)
Population Density	368
Diversity Index²	54


INCOME
Median Household Income	$73,444
Average Household Income	$115,906
% of Income for Mortgage⁴	19%
Per Capita Income	$45,290
Wealth Index⁵	144

HOUSING
Total HU (Housing Units)	61,007 (100%)
Owner Occupied HU	35,649 (58.4%)
Renter Occupied HU	21,446 (35.2%)
Vacant Housing Units	3,912 ( 6.4%)
Median Home Value	$341,664
Average Home Value	$402,003
Housing Affordability Index³	112

HOUSEHOLDS
Total Households	57,095
Average Household Size	2.42
Family Households	33,422
Average Family Size	3

NOTES

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.
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.
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.
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).
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	2010-2020	2020-2025
Population	0.89%	0.96%
Households	1.02%	0.99%
Families	0.85%	0.89%
Median Household Income		1.82%
Per Capita Income		2.24%
Owner Occupied HU		0.53%

Orange County NC - Peer Comparisons by Rank and Percentile

The table below compares Orange County to the other 100 counties and county equivalents in North Carolina by rank and percentile using July 1, 2020 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	# 21	80th
Population Density	# 14	87th
Median Household Income	# 4	97th
Housing Affordability Index	# 3	3rd
Per Capita Income	# 1	100th
Diversity Index	# 48	53rd

Variable Description

Rank

Percentile

Total Population

# 21

80th

Population Density

# 14

87th

Median Household Income

# 4

97th

Housing Affordability Index

# 3

3rd

Per Capita Income

# 1

100th

Diversity Index

# 48

53rd

North Carolina Census Data Comparison Tool

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Orange County NC Information

Orange County NC Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Orange County NC - Peer Comparisons by Rank and Percentile

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