Carrboro North
Carolina
Looking for a home in
the friendly town of Carrboro NC.
Carrboro
NC, settled in 1882 around a railroad spur of UNC, was
first known as West End because of its geographical
location west of
Chapel
Hill. Incorporated in 1911 as Venable, the town
made its final name change two years later in honor of
Julian Shakespeare Carr, owner of the local textile
mill. For the first fifty years after its incorporation,
Carrboro NC remained a small mill town with a
slow, steady pace of growth. In 1960, approximately 2000
people lived in the town. By the year 2000, the town's
population had grown to over 16,000 residents.
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Real Estate Agents
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The 2000 population of Carrboro was 16,782. This
is a 45 percent increase from 1990, the highest
percentage increase in Orange county. Carrboro added
over 5,200 people to its population between 1990 and
2000. About 62 percent of the people that were added to
Orange county in the 1990s were added in either Carrboro
or
Chapel Hill. The following pages will highlight
important demographic changes that have taken place over
the past decade.
Carrboro NC
continues to be mostly a community consisting of rental
units as 68 percent of the housing stock is renter
occupied. However, in the last ten years owner occupied
housing has increased at a rate three times faster than
that of rental housing. Rental housing increased 22
percent in the 1990s while owner occupied housing jumped
74 percent. In 1990, owner occupied housing accounted
for 22.4 percent of the housing stock and in 2000 it
accounted for 32 percent. In 1980, owner occupied
housing only comprised 21.2 percent of the housing
stock.
Carrboro continues to have the highest population
density in the state. Density increased from 2,584
persons/square mile in 1990 to 3,753 persons/square mile
in 2000.
The median cost of an owner-occupied housing unit in
Carrboro in 2000 was $143,242. This is up from $93,008
in 1990, a 54 percent increase (Source: AnySite
Technologies, LLC, 2000).
Source
Town
of Carrboro |
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