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Page7of6Chapel Hill, NC 27516 has a population of approximately 41,460 and experiences a population change rate of 45.05%. The population density is 446 / sq mi .
The median household income for Chapel Hill, NC 27516 is $85,714, with 16,400 households and an average household size of 2.6.
The median value of a home in Chapel Hill, NC 27516 is $542,000 with an appreciation rate of 25.00%. 63.33% of housing in the state is owned while 29.02% is rented.
The cost of living in Chapel Hill, NC 27516 is 126.7 %.
The unemployment rate in Chapel Hill, NC 27516 is 2.70%, and recent job growth is at 1.58%. Future job growth is projected at 48.47%.
The sales tax rate in Chapel Hill, NC 27516 is 7.50%, while the income tax rate is 4.99% .
School expenditures in Chapel Hill, NC 27516 are $15,548, and the school ratio is 13.1:1.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 29.6 degrees. The average rainfall is approximately 45.7 inches per year, with 3.8 inches of snow per year.
