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Is Durham the Most Affluent of them All? - Ordinary Durham

Ordinary Durham

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Is Durham the Most Affluent of them All?

Durham

No, it’s not Durham.

The Durham Regional Association of REALTORS recently sent out a bulletin with a link to a story in the Triangle Business Journal about information they had compiled about the relative affluence of 11 communities in the Triangle. Apparently the parent company had compiled information about every zip code in the country. Online this information was represented in a slide show. I’ll share the link to the slideshow below but, be warned it’s a little slow to respond, or, at least it is on my machine hooked to the internet through Time-Warner.

The information is interesting.  There were a few surprises that I couldn’t readily explain and, for reasons I’ll share, I’m not sure how useful any of it really is.

The ranking were based on an “affluence score” that included several factors one of which was Median House Value, which is probably what caught the attention of the DRAR.

Before I share more, test your intuition about these factors. The answers will be at a link at the end of the quiz.

  1. Listed below are 11 Triangle Communities in alphabetical order.  Based on your knowledge of the area, see how close you can come to the rankings. I’m giving you the ranks of the two smallest communities in parenthesis.
    • Apex
    • Carrboro
    • Cary
    • Chapel Hill
    • Durham
    • Holly Springs
    • Knightdale (9)
    • Morrisville
    • Raleigh
    • Rolesville (8)
    • Wake Forest
  2. Which community has the highest poverty rate?
  3. Which community has the lowest poverty rate?
  4. Which three communities have the highest number of households among the communities?
  5. What are the top three communities with the highest percentage of adults with advanced degrees. Hint -They all have over 20%. In fact 6 of the 11 communities have over 20%.
  6. What is the difference between the lowest community median house value and the highest rounded to the nearest $10,000?
    • $10,000
    • $50,000
    • $60,000
    • $120,000
    • $170,000
    • $190,000
  7. Which community has the highest percentage of household incomes over $150,000?
  8. Which community  has the lowest percentage of household incomes over $150,000?
  9. Which community has the lowest median household income?
  10. What is the difference between the highest and the lowest per capita income to the nearest $10,000?
    • $10,000
    • $20,000
    • $30,000
    • $40,000
    • $50,000

Finished…or just don’t want to make the effort? Click here for the answers, a little commentary and links to the source of the information.