The average salary in Durham is $58,298. A good hourly wage in Durham is $23.56 per hour. That works out to a good weekly wage of $942 per week and a good monthly wage of $4,083 per month. However, using the median income is only one way to calculate a good salary in Durham.
What salary do you need to live comfortably in Durham NC?
In the Durham-Chapel Hill metropolitan area, MIT found the living wage of a single adult with no children to be $31,660, meaning that person would need a salary of more than $63,000 to live comfortably.
How much does it cost to live in Durham NC?
Durham cost of living is 95.2
| COST OF LIVING | Durham | North Carolina |
|---|---|---|
| Health | 92.1 | 107.5 |
| Housing | 100.1 | 81 |
| Median Home Cost | $310,600 | $242,300 |
| Utilities | 100.1 | 99.2 |
What is considered a good salary in North Carolina?
However, the majority of salaries considered in the average jobs category are between $39,820 and $59,528. Anyone who makes $72,400 a year is considered a top earner.
Can I afford to live in Durham NC?
How expensive is it to live in Durham? Rent costs an average of $1,168 for a one bedroom apartment in Durham. A single adult in Durham will spend an average of $3,351 on food per year. A family of four with two working adults and two children pay an average of $7,417 per year for food.
Is it cheaper to live in Durham or Raleigh?
Durham is 6.9% less expensive than Raleigh. Durham housing costs are 15.5% less expensive than Raleigh housing costs. Health related expenses are 1.2% less in Durham.
How much money do you need to live comfortably in North Carolina?
All told, North Carolinians may need about $3,191 per person, per month.
Is Durham NC affordable?
Cost of living Durham, NC: Housing
Housing in Durham rests 43% below the national average cost of housing. Durham is also the most affordable city to find real estate in comparison with the four neighboring cities in the Durham-Raleigh metropolitan area: Most expensive: Chapel Hill.
Where should I live in Durham NC?
Best Places to Live in Durham
- Brightleaf at the Park.
- Carolina Arbors.
- Chancellor’s Ridge.
- Downtown Durham.
- Duke Park.
- Fairfield.
- Forest Hills.
- Grandale.
What is middle class income in NC?
North Carolina households must make at least $22,507 to reach middle class, study finds. (The Center Square) – In North Carolina, households must earn a minimum of $22,507 per year to be considered middle class, with the upper earnings boundary set at $104,011, according to a new 24/7 Wall St. analysis.
What is upper class salary?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is the highest paying job in NC?
Detailed List Of Highest Paying Jobs In North Carolina
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Consultant And Sales Representative | $208,837 |
| 2 | Vice President, Products & Marketing | $204,285 |
| 3 | Revenue Officer | $187,021 |
| 4 | President & Chief Technology Officer | $176,740 |
What is a good salary in Raleigh?
A good salary in Raleigh, NC is anything over $48,000. That’s because the median income in Raleigh is $48,000, which means if you earn more than that you’re earning more than 50% of the people living in Raleigh. The average salary in Raleigh is $56,904. A good hourly wage in Raleigh is $23.08 per hour.
Which is safer Raleigh or Durham?
WalletHub said their study compared more than 182 cities across 41 indicators of safety. The data set ranges from assaults per capita, unemployment rate, road quality, and more. Among the cities, Raleigh ranked 22nd while Durham came in at 46. Check out the entire study here.
Is it cheaper to live in Florida or North Carolina?
Florida is 6.1% more expensive than North Carolina.
What is Durham NC famous for?
The City of Durham is famously known as the “City of Medicine,” with healthcare as a major industry including more than 300 medical and health-related companies and medical practices. You are now one of our 2,400 valued employees working in one of the City’s 24 departments serving 245,475 city residents.
What is the cheapest city to live in NC?
10 Most Affordable Places to Live in North Carolina
- Cary. Having a low unemployment rate is just as important as a city’s affordability.
- Durham. Durham is a city that has everything wrapped into a single location, all the while maintaining its affordability.
- Concord.
- Wilmington.
- Chapel Hill.
- Morrisville.
- Wake Forest.
- Raleigh.
Where is the nicest place to live in North Carolina?
9 Best Places to Live in North Carolina
- Raleigh. The state capital is the place to be for professionals and people who want to change the world.
- Charlotte. The Queen City was named after a British queen consort who reigned back when Charlotte was built in 1768.
- Chapel Hill.
- Winston-Salem.
- Durham.
- Wilmington.
- Asheville.
- Hickory.
Is it cheaper to live in Georgia or North Carolina?
North Carolina is the 19th lowest-cost state in the country, meaning there are 32 states (including the District of Columbia) more expensive than North Carolina. Among nearby states, Virginia, Florida and Georgia are more expensive, while South Carolina and Tennessee are less expensive (although only slightly).
Why is Durham expensive?
However, one Durham student saw sense in the findings: “the landowners in Durham take advantage of the fact that students may tend to be from wealthier areas so they raise the prices on rent. If you’re a graduate, you’re sometimes forced to rent under that climate, so that might be why costs are higher in Durham.”
What part of Durham is safe?
1. Treyburn. At the north reaches of the Durham metropolitan area, Treyburn has been voted “Best Neighborhood” by readers of Durham Magazine, and it’s easy to see why so many Durham families have chosen to call Treyburn home.