The 10 Richest Cities In North Carolina For 2021


We analyzed 132 places in North Carolina to determine where the 1% live.

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We’re just going to leave this right here: if you’re the home to many, many old tobacco farms and factories, you better believe you house some crazy rich cities. And, yes, we’re talking about you North Carolina.

Now, not every city on our top ten richest cities in North Carolina for 2021 can compare to Beverly Hills, CA, there are a ton of wealthy North Carolina gems on this list that definitely know how to roll out the bourgeois southern charm.

To create this list, we asked ourselves, what is important to rich people? Besides the obvious: high paying jobs, safe cities and neighborhoods, gold star schools, and high-end amenities, we know that the ‘one percent’ like to be catered to on a different level. There are North Carolina cities on our richest cities list that do just that. Cities on our list like Apex and Cary are the playground of North Carolina’s rich and famous with great parks, amazing schools, and posh shopping. And if you live in Pinehurst, your friends will think that you are super rich with 20 golf courses to show off within ten minutes of your house.

Now, it’s not lost on us that there are multiple cities on our ten best places to live in North Carolina for 2021 that are also on our richest list. Wealthy cities tend to have it all. To see which cities make the dolla’ holla’ on our top ten richest cities in North Carolina for 2021, take a look at the list below.

Here are the 10 richest places in North Carolina for 2021:

  1. Weddington
  2. Marvin
  3. Davidson
  4. Wesley Chapel
  5. St. James
  6. Oak Ridge
  7. Waxhaw
  8. Stallings
  9. Apex
  10. Pinehurst

How does one get their hand on one of these super rich, Tar Heel cities? Well, a couple of things have to fall into place for you.

First off, you need to find a job that pays on average $100,000/year. Might we suggest a job in real estate in our number one richest city? The average median home price in this wealthy city is close to $500,000. Secondly, you have to be a hard worker. Unemployment rates and poverty rates in these North Carolina cities are all below 4%.

So what city in North Carolina is the wealthiest? That would be Weddington according to the most recent Census data we analyzed.

So, if you care about living where there are great jobs and wealthy people, take a look the list below. The state where the North meets the South is calling.

Rich people not your cup of tea? Feel free to check out some more reading about North Carolina:

The 10 Richest Cities In North Carolina For 2021

1. Weddington

Weddington, NC

Source: Public domain
Overall SnackAbility

5
/10

Population: 10,794
Rank Last Year: 1 (No Change)
Median Income: $136,891
Unemployment Rate: 1.9%
Poverty Rate: 2.1%
More on Weddington: Real Estate | Photos

2. Marvin

Overall SnackAbility

7
/10

Population: 6,553
Rank Last Year: 2 (No Change)
Median Income: $206,469
Unemployment Rate: 2.4%
Poverty Rate: 2.0%
More on Marvin: Real Estate

3. Davidson

Davidson, NC

Overall SnackAbility

10
/10

Population: 12,735
Rank Last Year: 4 (Up 1)
Median Income: $124,853
Unemployment Rate: 2.8%
Poverty Rate: 3.2%
More on Davidson: Real Estate | Photos

4. Wesley Chapel

Overall SnackAbility

6
/10

Population: 8,974
Rank Last Year: 6 (Up 2)
Median Income: $124,760
Unemployment Rate: 3.1%
Poverty Rate: 1.0%
More on Wesley Chapel: Real Estate

5. St. James

Overall SnackAbility

5
/10

Population: 5,521
Rank Last Year: 5 (No Change)
Median Income: $104,850
Unemployment Rate: 2.5%
Poverty Rate: 1.7%
More on St. James: Real Estate

6. Oak Ridge

Oak Ridge, NC

Overall SnackAbility

7
/10

Population: 6,901
Rank Last Year: 3 (Down 3)
Median Income: $127,578
Unemployment Rate: 2.3%
Poverty Rate: 4.3%
More on Oak Ridge: Real Estate | Photos

7. Waxhaw

Waxhaw, NC

Overall SnackAbility

9
/10

Population: 15,237
Rank Last Year: 12 (Up 5)
Median Income: $111,642
Unemployment Rate: 3.2%
Poverty Rate: 3.3%
More on Waxhaw: Real Estate | Photos

8. Stallings

Overall SnackAbility

9
/10

Population: 15,554
Rank Last Year: 19 (Up 11)
Median Income: $85,193
Unemployment Rate: 2.1%
Poverty Rate: 4.4%
More on Stallings: Real Estate

9. Apex

Apex, NC

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 51,370
Rank Last Year: 9 (No Change)
Median Income: $111,435
Unemployment Rate: 3.0%
Poverty Rate: 5.2%
More on Apex: Real Estate | Photos

10. Pinehurst

Pinehurst, NC

Overall SnackAbility

9.5
/10

Population: 16,050
Rank Last Year: 7 (Down 3)
Median Income: $82,081
Unemployment Rate: 3.0%
Poverty Rate: 4.0%
More on Pinehurst: Real Estate | Photos

How We Determined The Richest Places In North Carolina For 2021

Map Of The Richest Places To Live In North Carolina
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2015-2019 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 137 places with more than 5,000 people in North Carolina, we ranked each place from 1 to 137 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Weddington, crowned the “Richest City In North Carolina For 2021”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 137 places.

There You Have It – The Wealthiest Places In North Carolina For 2021

Like we said earlier, when we set out to identify the richest places in North Carolina, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in North Carolina.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in North Carolina, according to data:

Poorest: Boone
2nd Poorest: Wadesboro
3rd Poorest: Forest City

For more North Carolina reading, check out:

Detailed List Of The Richest Cities In North Carolina

Rank City RichScore Median Income
1 Weddington 3.67 $136,891
2 Marvin 4.67 $206,469
3 Davidson 7.0 $124,853
4 Wesley Chapel 7.33 $124,760
5 St. James 7.67 $104,850
6 Oak Ridge 8.67 $127,578
7 Waxhaw 11.0 $111,642
8 Stallings 13.33 $85,193
9 Apex 13.67 $111,435
10 Pinehurst 15.33 $82,081
11 Holly Springs 15.67 $112,029
12 Cary 16.33 $104,669
13 Summerfield 16.33 $103,769
14 Huntersville 17.67 $102,016
15 Matthews 20.67 $84,594
16 Unionville 22.33 $80,151
17 Morrisville 23.0 $101,738
18 Mills River 24.0 $66,667
19 Wake Forest 24.67 $92,210
20 Mint Hill 26.0 $75,084
21 Fletcher 26.67 $64,839
22 Carolina Beach 27.0 $74,949
23 Winterville 29.0 $74,527
24 Oak Island 29.0 $72,821
25 Cornelius 29.0 $90,542
26 Harrisburg 29.33 $108,942
27 King 30.33 $65,833
28 Indian Trail 30.33 $83,905
29 Knightdale 32.33 $69,684
30 Fuquay-Varina 32.67 $79,000
31 Lewisville 32.67 $78,464
32 Pineville 33.33 $52,967
33 Stokesdale 33.67 $84,583
34 Clemmons 34.0 $70,659
35 Mooresville 36.33 $69,188
36 Rolesville 37.0 $119,615
37 Clayton 37.33 $62,676
38 Leland 43.33 $68,924
39 Garner 45.0 $65,064
40 Raleigh 45.0 $67,266
41 Belmont 46.0 $71,650
42 Chapel Hill 47.0 $73,614
43 Asheville 47.0 $49,930
44 Boiling Spring Lakes 47.0 $60,065
45 Mount Holly 47.0 $60,574
46 Wendell 47.33 $59,236
47 Gibsonville 48.67 $66,761
48 Concord 49.0 $67,984
49 Trinity 50.0 $54,598
50 Angier 52.67 $48,306
51 Charlotte 53.67 $62,817
52 Black Mountain 53.67 $50,373
53 Archdale 54.33 $53,030
54 Kill Devil Hills 54.67 $53,750
55 Mebane 55.0 $64,726
56 Hillsborough 55.67 $64,598
57 Elon 56.0 $65,313
58 Conover 56.33 $52,237
59 Carrboro 57.0 $58,702
60 Durham 57.33 $58,905
61 Aberdeen 60.67 $54,597
62 Havelock 60.67 $52,439
63 Kernersville 61.0 $51,645
64 Hendersonville 61.67 $38,696
65 Newton 62.33 $46,063
66 Mocksville 66.67 $42,872
67 Kannapolis 67.0 $53,365
68 Southern Pines 68.0 $58,843
69 Erwin 68.17 $40,714
70 Cherryville 68.33 $43,977
71 Zebulon 68.67 $46,849
72 Sawmills 69.33 $52,951
73 Waynesville 69.33 $42,796
74 Woodfin 72.0 $48,202
75 Greensboro 76.33 $48,964
76 Hope Mills 77.33 $48,948
77 Gastonia 78.67 $49,460
78 Sanford 79.33 $46,915
79 Morehead City 80.67 $42,985
80 High Point 81.0 $47,234
81 Nashville 81.67 $56,288
82 Wilmington 83.0 $47,580
83 Winston-Salem 83.33 $45,750
84 Monroe 84.33 $51,754
85 Brevard 84.67 $42,213
86 Hickory 85.67 $47,652
87 Walke 87.0 $41,952
88 Burlington 87.0 $43,225
89 Bessemer City 87.5 $40,714
90 Jacksonville 87.67 $44,956
91 Morganton 89.0 $42,137
92 Thomasville 89.0 $40,648
93 Butner 90.0 $45,366
94 Statesville 90.0 $39,987
95 New Bern 92.0 $43,204
96 Rocky Mount 93.67 $40,633
97 Asheboro 94.0 $38,211
98 Fayetteville 94.33 $45,024
99 Marion 96.0 $38,280
100 Albemarle 96.33 $44,269

How Is The Area In ?

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in North Carolina.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.