Chapel Hill, NC — income, home value, property tax, and sales tax.
In ZIP code 27514, which covers part of Chapel Hill, households earn a median of $92,875, while per-capita income sits at $52,000. With a median home value of $663,900, property taxes at the county's 0.91% rate would run roughly $6,041 a year. That housing cost takes a meaningful share of earnings, so buyers here tend to be higher earners. Day-to-day purchases carry a 7.50% combined sales tax, adding to the overall cost of living. The income base is strong enough to absorb these taxes, though the price of owning a home in this area clearly shapes how far a paycheck stretches.
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