The 10 Richest Cities In North Carolina For 2022


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 2022 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 2022 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 2022, take a look at the list below.

Here are the 10 richest places in North Carolina for 2022:

  1. Weddington
  2. Wesley Chapel
  3. St. James
  4. Oak Ridge
  5. Marvin
  6. Waxhaw
  7. Harrisburg
  8. Holly Springs
  9. Summerfield
  10. Davidson

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 2022

1. Weddington

Weddington, NC

Source: Public domain
Overall SnackAbility

5
/10

Population: 11,000
Rank Last Year: 1 (No Change)
Median Income: $144,718
Unemployment Rate: 1.4%
Poverty Rate: 2.4%
More on Weddington: Real Estate | Photos

2. Wesley Chapel

Overall SnackAbility

6
/10

Population: 9,287
Rank Last Year: 4 (Up 2)
Median Income: $123,271
Unemployment Rate: 2.8%
Poverty Rate: 1.8%
More on Wesley Chapel: Real Estate

3. St. James

Overall SnackAbility

5
/10

Population: 5,889
Rank Last Year: 5 (Up 2)
Median Income: $110,814
Unemployment Rate: 2.5%
Poverty Rate: 3.2%
More on St. James: Real Estate

4. Oak Ridge

Oak Ridge, NC

Overall SnackAbility

7
/10

Population: 6,979
Rank Last Year: 6 (Up 2)
Median Income: $124,342
Unemployment Rate: 2.5%
Poverty Rate: 4.1%
More on Oak Ridge: Real Estate | Photos

5. Marvin

Overall SnackAbility

7
/10

Population: 6,672
Rank Last Year: 2 (Down 3)
Median Income: $209,950
Unemployment Rate: 3.3%
Poverty Rate: 2.4%
More on Marvin: Real Estate

6. Waxhaw

Waxhaw, NC

Overall SnackAbility

9
/10

Population: 16,165
Rank Last Year: 7 (Up 1)
Median Income: $116,964
Unemployment Rate: 3.4%
Poverty Rate: 3.6%
More on Waxhaw: Real Estate | Photos

7. Harrisburg

Harrisburg, NC

Overall SnackAbility

7
/10

Population: 16,073
Rank Last Year: 26 (Up 19)
Median Income: $112,757
Unemployment Rate: 3.6%
Poverty Rate: 2.9%
More on Harrisburg: Real Estate | Photos

8. Holly Springs

Holly Springs, NC

Overall SnackAbility

9.5
/10

Population: 36,595
Rank Last Year: 11 (Up 3)
Median Income: $110,758
Unemployment Rate: 3.2%
Poverty Rate: 4.2%
More on Holly Springs: Real Estate | Photos

9. Summerfield

Summerfield, NC

Overall SnackAbility

6
/10

Population: 11,283
Rank Last Year: 13 (Up 4)
Median Income: $109,577
Unemployment Rate: 2.4%
Poverty Rate: 6.5%
More on Summerfield: Real Estate | Photos

10. Davidson

Davidson, NC

Overall SnackAbility

10
/10

Population: 12,920
Rank Last Year: 3 (Down 7)
Median Income: $131,144
Unemployment Rate: 3.1%
Poverty Rate: 6.0%
More on Davidson: Real Estate | Photos

Methodology: How We Determined The Richest Places In North Carolina For 2022

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 2016-2020 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 138 places with more than 5,000 people in North Carolina, we ranked each place from 1 to 138 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 2022”. 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 138 places.

Summary: The Wealthiest Places In North Carolina For 2022

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: Laurinburg

For more North Carolina reading, check out:

Detailed List Of The Richest Cities In North Carolina

Rank City RichScore Median Income
1 Weddington 2.67 $144,718
2 Wesley Chapel 8.67 $123,271
3 St. James 10.33 $110,814
4 Oak Ridge 10.67 $124,342
5 Marvin 11.33 $209,950
6 Waxhaw 15.33 $116,964
7 Harrisburg 16.0 $112,757
8 Holly Springs 17.0 $110,758
9 Summerfield 17.0 $109,577
10 Davidson 17.33 $131,144
11 Stallings 18.0 $90,012
12 Cary 19.33 $107,463
13 Unionville 20.0 $78,776
14 Rolesville 20.0 $126,793
15 Matthews 21.67 $89,881
16 Huntersville 22.33 $100,789
17 Morrisville 22.33 $100,495
18 King 22.67 $66,691
19 Apex 23.67 $112,549
20 Mills River 26.33 $66,223
21 Pinehurst 26.67 $87,609
22 Black Mountain 27.0 $55,975
23 Cornelius 28.33 $90,377
24 Clemmons 29.33 $74,679
25 Oak Island 29.33 $71,193
26 Gibsonville 29.67 $77,500
27 Fletcher 29.67 $62,007
28 Stokesdale 32.67 $90,943
29 Wake Forest 33.0 $100,162
30 Wendell 34.33 $62,857
31 Clayton 35.0 $61,954
32 Knightdale 35.0 $69,529
33 Mooresville 35.67 $70,625
34 Lewisville 36.33 $81,275
35 Fuquay-Varina 37.0 $81,914
36 Archer Lodge 38.33 $70,000
37 Leland 38.33 $73,125
38 Mint Hill 39.67 $80,093
39 Indian Trail 41.0 $86,512
40 Aberdeen 43.0 $58,770
41 Garner 46.33 $67,571
42 Raleigh 46.33 $69,720
43 Archdale 47.67 $56,658
44 Trinity 48.0 $58,709
45 Carrboro 48.0 $67,469
46 Concord 49.0 $70,973
47 Winterville 49.33 $68,525
48 Conover 51.33 $48,989
49 Kernersville 52.0 $56,991
50 Pineville 52.67 $53,873
51 Asheville 53.33 $53,621
52 Belmont 53.67 $73,968
53 Angier 54.67 $45,132
54 Charlotte 55.33 $65,359
55 Cherryville 55.33 $49,420
56 Boiling Spring Lakes 56.0 $51,742
57 Durham 58.33 $61,962
58 Newton 58.33 $50,659
59 Chapel Hill 59.0 $75,249
60 Hillsborough 59.33 $65,591
61 Walke 59.67 $48,494
62 Kill Devil Hills 59.67 $59,389
63 Erwin 60.0 $41,702
64 Mebane 61.0 $61,213
65 Morehead City 61.33 $44,802
66 Woodfin 62.0 $50,794
67 Carolina Beach 64.0 $68,773
68 Hendersonville 64.67 $41,185
69 Southern Pines 67.0 $70,549
70 Butner 68.0 $60,448
71 Elon 68.67 $69,085
72 Waynesville 70.67 $40,911
73 Mount Holly 72.0 $57,379
74 Havelock 73.0 $49,893
75 Wilmington 73.67 $51,137
76 Monroe 74.0 $53,064
77 Kannapolis 75.67 $55,923
78 Gastonia 77.0 $50,266
79 Whiteville 80.33 $31,772
80 Greensboro 80.67 $49,492
81 High Point 81.33 $49,649
82 Winston-Salem 81.33 $47,269
83 Bessemer City 81.67 $39,055
84 Hope Mills 83.0 $47,730
85 Burlington 84.0 $45,587
86 Mocksville 84.33 $45,245
87 Brevard 85.33 $37,878
88 Sanford 86.0 $47,017
89 Hickory 89.33 $48,653
90 New Bern 89.33 $43,406
91 Tarboro 89.33 $41,223
92 Nashville 89.67 $57,536
93 Jacksonville 90.67 $45,754
94 Statesville 92.67 $42,004
95 Lenoir 92.67 $39,116
96 Zebulon 92.67 $39,963
97 Albemarle 96.0 $44,294
98 Morganton 96.0 $40,406
99 Asheboro 96.0 $37,171
100 Thomasville 96.33 $42,257

How Is The Area In ?

Editor’s Note: Data has been updated for 2022. This is our ninth 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.