Rent here is among the highest 10% in the country. Household incomes are higher than in 95% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (93.1%) are owned, so rentals can be hard to find. It is a highly educated city: 81.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $133,720 a year. That is $64 an hour at a full-time job.
Is rent cheaper than other North Carolina cities?
No. Rent here is more expensive than in most of North Carolina. It is number 163 of 164 cities from cheapest to most expensive.
How much do households earn in Briar Chapel?
Share of households by yearly income. 69.1% of households earn $100,000 or more.
How expensive is Briar Chapel overall?
Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Briar Chapel, so the North Carolina figure is shown.
Taxes and bills in Briar Chapel
Life in Briar Chapel
Is it cheaper to rent or buy in Briar Chapel?
Renting is cheaper right now: about $614 a month less.
Owning assumes a typical $570,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $57,030 for the down payment.
Frequently asked questions
What is the average rent in Briar Chapel, NC?
Renting in Briar Chapel costs a median of about $3,343 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Briar Chapel?
To keep rent under 30% of income, you need about $133,720 a year, or $64 an hour at a full-time job.
Is Briar Chapel cheap or expensive?
Briar Chapel is rated OK: rent takes 22.4% of the typical household income of $179,099. It ranks 163rd cheapest of 164 North Carolina cities we track.
How much are property taxes in Briar Chapel?
The median homeowner in Briar Chapel pays $3,556 a year in property taxes, about 0.62% of the median home value.
Is Briar Chapel more expensive than the national average?
Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Briar Chapel?
The median home value in Briar Chapel is $570,300, about 3.2 times the typical yearly household income.
6,049 people live in Briar Chapel. Numbers are typical (middle) values.