Governors Village, NC
Population 2,148 · North Carolina
About Governors Village, NC
Governors Village is a small town located in North Carolina with a population of 2,148 residents according to the latest US Census Bureau American Community Survey data. The median household income is $124,857 per year, which is 66% above the national median of $75,149. The median age of 42 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Governors Village features a median home value of $565,500, which is 131% above the national median of $244,900. This places Governors Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,779, 53% above the national average of $1,163/month. Of the 746 total housing units, 61% are owner-occupied (447 units) and 39% are renter-occupied (289 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Governors Village shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.3%, above the national average of 12.4%. Workers in Governors Village have an average one-way commute time of 20.4 minutes.
Education & Demographics
73.0% of Governors Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.9% Hispanic or Latino, 0.7% Black or African American, and 0.0% Asian residents, with 8.3% of the population being foreign-born.
How Governors Village Ranks in North Carolina
Cost of Living in Governors Village, NC
Compared to national averages, Governors Village has a median household income of $124,857 (66% above the national median of $75,149). Home values average $565,500, which is 131% above the national median. Monthly rent at $1,779 is 53% above the US average of $1,163. Within North Carolina, Governors Village's income is 94% above the state average of $64,468, and home values are 147% above the state median of $228,922.
Why Live in Governors Village, NC?
Governors Village offers a strong local economy with a median household income of $124,857, well above the national average, and a strong job market with an unemployment rate of just 2.0%, and a well-educated community where 73.0% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 20.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $565,500. However, Governors Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Governors Village has a population of 2,148 with a median age of 42 years. Compare Governors Village with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Governors Village
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Navassa | 2,148 | $57,571 | $196,300 | Compare |
| Burnsville | 2,143 | $47,576 | $223,800 | Compare |
| Mulberry | 2,134 | $52,416 | $164,000 | Compare |
| Badin | 2,163 | $43,068 | $130,500 | Compare |
| Bladenboro | 2,181 | $55,517 | $89,800 | Compare |
| Snow Hill | 2,102 | $41,125 | $121,300 | Compare |
| Madison | 2,198 | $49,964 | $144,900 | Compare |
| Scotland Neck | 2,087 | $18,202 | $76,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Governors Village With Other Cities
Frequently Asked Questions about Governors Village
What is the population of Governors Village, NC?
The population of Governors Village, NC is 2,148 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Governors Village?
The median household income in Governors Village, NC is $124,857 per year, which is 66% above the national median of $75,149.
What is the median home value in Governors Village?
The median home value in Governors Village, NC is $565,500, which is 131% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Governors Village?
The median monthly rent in Governors Village, NC is $1,779, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Governors Village?
The unemployment rate in Governors Village, NC is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Governors Village, NC a good place to live?
Governors Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,148 and a median age of 42, the city appeals to a broad range of residents.
How educated is Governors Village, NC?
73.0% of residents in Governors Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Governors Village?
Key cost-of-living indicators for Governors Village, NC: median home value is $565,500 (131% above national), median rent is $1,779/month, and median household income is $124,857. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Governors Village?
The poverty rate in Governors Village, NC is 14.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Governors Village, NC?
Governors Village's population is 0.0% White, 0.9% Hispanic or Latino, 0.7% Black or African American, 0.0% Asian, and 5.7% two or more races. 8.3% of residents are foreign-born.