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Governors Village, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Governors Village, North Carolina had a total population of 2,295, the 319th largest community in North Carolina, with a median household income of $125,857, which is 74% higher than the state average. The poverty rate is 14.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Governors Village Quick Facts

Population 2,295
Median Household Income $125,857
Median Home Value $602,100
Poverty Rate 14.9%
Unemployment Rate 1.8%
Median Age 37.1 years
Homeownership Rate 60.1%
Affordability Ratio 4.8x
Bachelor's Degree or Higher 75.5%
High School Graduation Rate 98.9%
Diversity Index 46/100
Population 2,295 319th of 772
Median Income $125,857 top 10%
Poverty Rate 14.9% 20% higher than national
Median Home Value $602,100 top 10%

How Governors Village Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,1482,295+6.8%
Median household income$124,857$125,857+0.8%
Median home value$565,500$602,100+6.5%

How Governors Village Compares

Economy & Housing

Household Income Distribution

Under $25K 9.0%
$25K-$50K 15.7%
$50K-$100K 13.6%
$100K+ 61.7%
Detailed income brackets
Under $10K
6.1%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
3.0%
$25K-$30K
0.0%
$30K-$35K
12.9%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
2.9%
$50K-$60K
5.9%
$60K-$75K
4.0%
$75K-$100K
3.6%
$100K-$125K
10.2%
$125K-$150K
4.2%
$150K-$200K
28.4%
$200K+
18.8%

Employment

1.8% Unemployment Rate State: 4.7%|National: 5.2%
67.3% Labor Force Participation

Housing Overview

Owner 60.1%
Renter 39.9%
Affordability Index Moderate
4.8x home value to income ratio
Median gross rent $1,779/mo 17.0% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 58 | National average: 61

Education

Governors Village Rankings in North Carolina

#319 Population of 772
#29 Median Income of 716
#13 Education of 772
#24 Home Value of 725

Other Cities in Chatham County

CityPopulationMedian IncomePovertyHome Value
Siler City 7,995 $46,566 33.9% $154,600
Briar Chapel 6,049 $166,063 0.6% $570,300
Pittsboro 4,752 $81,639 11.7% $376,300
Fearrington Village 2,356 $86,116 5.5% $472,600
Governors Club 1,787 $235,625 0.0% $889,500
Moncure 1,039 $54,076 1.1% N/A
Carolina Meadows 555 $126,007 1.8% $443,800
Goldston 379 $39,538 5.5% $190,700
Bennett 262 N/A 0.0% $149,700
Gulf 178 N/A 0.0% N/A

Cities Similar to Governors Village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fairview2,298$92,132$439,60051.6%25.1%
Kure Beach2,466$104,149$735,10052.9%3.9%
Mount Pleasant2,230$90,795$306,50025.1%6.6%
Swepsonville2,517$100,559$311,20033.9%4.1%
Laurel Park2,408$90,000$433,10063.3%5.5%

Population Overview

Governors Village is a small community located in North Carolina, within Chatham County. The total population is 2,295. It ranks as the 319th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Governors Village is 37.1 years. This is 5% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Governors Village is $125,857. This is 74% higher than the state median of $72,388. It is also 56% higher than the national median of $80,734. The poverty rate stands at 14.9%. This is 15% higher than the state poverty rate of 13.0%. The unemployment rate is 1.8%. This is 62% lower than the state rate of 4.7%. The median home value is $602,100. Housing costs are 108% higher than the state median of $288,900. The home-value-to-income ratio is 4.8x. 60.1% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Governors Village is White (non-Hispanic), making up 71.6% of the population. Black or African American residents account for 10.1%. The Hispanic or Latino population (0.6%) is well below the state average of 11.3%. The Asian population (1.1%) is well below the state average of 3.3%.

Education

75.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Governors Village in the top 10% of all cities in the state for educational attainment. This is 112% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.9%. Notably, 25.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Governors Village, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Governors Village, North Carolina?

Governors Village, North Carolina has a population of 2,295 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Governors Village, NC?

The median household income in Governors Village is $125,857, which is 56% higher than the national median of $80,734.

What is the poverty rate in Governors Village, NC?

The poverty rate in Governors Village is 14.9%. This means approximately 320 residents live below the federal poverty line.

What is the racial makeup of Governors Village, North Carolina?

Governors Village's population is 71.6% White, 10.1% Black, 0.6% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Governors Village, NC?

The median home value in Governors Village is $602,100. The home-value-to-income ratio is 4.8x.

How educated is Governors Village, North Carolina?

75.5% of adults (25+) in Governors Village hold a bachelor's degree or higher, and 25.5% hold a graduate or professional degree.