Orange County NC Website
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Between 1950 and 1990 median household income in Orange County grew by an inflation <br />adjusted rate of 76%. In comparison, between 1950 and 1990 median family income increased <br />by an inflation adjusted value of 70%. Despite a 76% rate of growth, annual median income for <br />an Orange County household has historically been lower than the annual median income for a <br />county family. <br />Within Orange County, median household income varies across both townships and <br />municipalities. As seen in the table below households in Cheeks township had the lowest median <br />income in 1989, of all Orange County townships, while households in Carrboro had the lowest <br />median income for municipalities. . <br />1989 Household Income, by Township and Municipality <br />Township <br />Cheeks <br />Hillsborough <br />Chapel Hill Income <br />$ 26,071 _ <br />$ 27,404 <br />$ 29,433 Municipality <br />Carrboro <br />Hillsborough <br />Mebane Income <br />$19,799 <br />$22,074 <br />$23,214 <br />Cedar Grove $ 30,625 Chapel Hill $30,143 <br />- <br />Bingham $ 32,950 ~ <br />- <br />Eno <br />Little River $ 34,456 <br />$ 40,665 ~ <br />~- <br />ource 1990 <br />Census <br />D. Market and Inventory Conditions <br />Housing supply <br />Analysis reveals that Orange County offers an array of housing choices. The diversity and <br />balance of the county's housing supply is demonstrated best when compared to the State and <br />other Triangle communities. <br />Dwelling Type: Orange County, Triangle and North Carolina <br /> As of <br />Year Single <br />Family Multi- <br />Family Mobile <br />Homes <br />.ORANGE <br />COUNTY 1998 <br />1990 55 % <br />54 % 30 % <br />33 % 14 <br />13 <br />Chatham 1990 68% 9% 23% <br />Durham 1990 61 % 36% 3% <br />Wake <br />NC 1990 <br />1990 62% <br />68% 30% <br />16% 8% <br />16% <br />Source: Orange County t'~anning wept. t~ ~ yyu u~ census <br />10 <br />