Area Insights of Cary, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 1%, reflecting steady buyer interest. A total of 88 homes were sold with 8 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Cary, NC

Date

04-05-2023

Price Ratio

102%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Renaissance Montessori School of Cary

PK to KG

Triangle Montessori Academy

PK to 4

Knowledge Beginnings School

PK to TKG

Grove School of Cary

PK to KG

Chesterbrook Academy-Preschool and Elementary School

KG to 6

Middle School

Alston Ridge Middle School

6 to 8

Ratings

A-

East Cary Magnet Middle School

6 to 8

Ratings

C-

Reedy Creek Magnet Middle School

6 to 8

Ratings

B-

High School

Score Academy

9 to 12

Ratings

D-

Crossroads Flex

9 to 12

Ratings

A-

Green Level High School

9 to 12

Ratings

A

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 24% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (167,643)
82,061 Male
85,582 Female
Education
8% High School
6% Associate
38% Bachelor
33% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 64% owner-occupied homes and 36% renter-occupied properties. Family households represent 71% of the population, indicating a strong community focus on family living. The average home value stands at $734,893, which suggests ample demand for multi-bedroom properties.

Total Households
65,376
Average home value
$734,893
Owned
64%
Rented
36%
Vacant
5%
Families
71%
Married
60%
With children
37%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 24% Asian, 8% Black, and 0% Native residents, alongside 55% White and 8% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 57% of households earning over $100,000 annually, while 24% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
11%
Professional
26%
Education
9%
Services
21%
Labor
15%
Retail
9%
Other
7%
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