Chapel Hill Real Estate

    Chapel Hill

    The Town of Chapel Hill is a community where a diversity of ideas, people, and opportunities converge. It is a place where its citizens feel a vitality and pride that stem from Chapel Hill’s history, traditions, and unique characteristics. Nicknamed the “Southern Part of Heaven,” Chapel Hill was named after New Hope Chapel which stood upon a hill at the crossing of two primary roads (where The Carolina Inn currently stands). Town lots were auctioned in 1793 when work began on the first University building, although it was 1795 before any residents occupied permanent homes.

    Location

    The Town of Chapel Hill is located principally in Orange County and slightly in Durham County in the north central portion of North Carolina on the Piedmont Plateau. As one of the three “points” of The Research Triangle, Chapel Hill, along with Raleigh and Durham, continually receives accolades for being a top location to live and do business. Our neighbor to the west is Carrboro and to the north is Hillsborough.

    Chapel Hill Downtown 

    East and West Franklin Street, and East and West Rosemary Street, Chapel Hill. This area features many college-style and upscale restaurants and eateries, stores, boutiques, memorabilia shops, and bars, nightclubs and taverns. Numerous buildings feature murals on various subjects by local artist Michael Brown. In 1997, Sports Illustrated called Chapel Hill “the best college town in America”. More than 250 businesses.

    Schools

    The Chapel Hill-Carrboro City School System is considered to be one of the best in the nation. Consistently ranking at the top of the state in student test, the System also boasts the lowest dropout rate in the state. The system consists of 16 schools: 9 elementary, 4 middle, 2 high schools and the UNC Hospital School.

    Chapel Hill-Carrboro City Schools:
    (919) 967-8211 or www.chccs.k12.nc.us
    Lincoln Center on Merritt Mill Road

    Durham Schools (includes the Durham County part of Chapel Hill):
    (919) 560-2000 or www.dpsnc.net

    University of North Carolina, Chapel Hill
    www.unc.edu

    Fast Facts

    Area
    21.1 square miles

    Population
    59,246 (United States Census Bureau, July 2016)

    Unemployment Rate
    3.3 percent Orange County (Bureau of Labor Statistics, September 2017)

    Median Gross Rent
    $1,061 (2012-16 United States Census Bureau)

     Downtown_view_from_140_West_Body

    Median Values of Homes
    $390,300 (2012-16 United States Census Bureau)

    Median Family Income $65,373 (2012-2016 United States Census Bureau)

    Percentage of Chapel Hillians who drive to work
    55% percent  (2015 American Community Survey Five-Year Estimates)

    Median Age of Residents
    25.7 (2015 American Community Survey Five Year Estimates)

    Major Employers

    • University of North Carolina at Chapel Hill
    • UNC Hospitals
    • Chapel Hill/Carrboro City Schools
    • Blue Cross/Blue Shield of NC

    Courtesy of TownofChapelHill.org