Income & Economy in Cary, NC

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$129,399

+77% vs national

Per Capita Income

$64,590

+74% vs national

Poverty Rate

5.3%

-61% vs national

Gini Index

0.4302

0 = perfect equality

Unemployment

3.4%

-35% vs national

SNAP Recipients

2.7%

of households

How Cary Compares

Source: Census ACS (2023)

Cary vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 100,000 - 250,000 residents. Cary is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Cary. The median household income here is $129,399.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.7%
$25-50K
9.3%
$50-75K
12.5%
$75-100K
9.6%
$100-150K
18.9%
$150-200K
14.8%
$200K+
28.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.4%

-42% vs NC avg

Labor Force

96,944

Employed

93,532

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

48.2%

of adults 25+

High School Diploma+

53.7%

of adults 25+

Median Age

39.8

Work from Home

32.4%

of workers

The median household income in Cary, NC is $129,399, which is 76.7% above the national average of $73,224. Per capita income is $64,590. The poverty rate of 5.3% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.4302, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.4%, compared to the state average of 5.8%. 48.2% of adults hold a bachelor's degree or higher.