Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EPA eGRID, Census ACS, DOE LEAD, NOAA · How we got these numbers · Report an error

Electricity rates in Cary, North Carolina

Cary, NC ranks 2 of 35 North Carolina cities for the highest median home value ($525,200). Cary, North Carolina has 176,686 residents in 67,964 households; 44.0% heat with electricity.

Cary on the map

Wake County with Cary markedWakeCary

Wake County, with Cary marked

Housing and heating in Cary

Cary, NC: 9,181 of 72,634 homes were built before 1980 and 34,129 in 2000 or later. Cary, NC has 43,241 detached houses, 17,959 homes in 5+ unit buildings and 560 mobile homes.

Age of homes in Cary, NC

% of homes by decade built, Cary, NC

  1. 0pre-40
  2. 040s
  3. 150s
  4. 360s
  5. 970s
  6. 1480s
  7. 2690s
  8. 2300s
  9. 2210s
  10. 220+

Heating fuel in Cary, NC

% of homes by main fuel, Cary

  • Utility gas54.8
  • Electricity44.0
Cary, NC housing against its county and state cities
Cary, NCValueCountyGapRank
Cary, NC, median year built19991999+0 years11 of 35
Cary, NC, built before 198012.6%18.8%-6.1 points27 of 35
Cary, NC, built 2000 or later47.0%47.8%-0.8 points11 of 35
Cary, NC, detached houses59.5%58.5%+1.0 points22 of 35
Cary, NC, apartments in 5+ unit buildings24.7%23.9%+0.8 points14 of 35
Cary, NC, mobile homes0.8%2.7%-1.9 points31 of 35
Cary, NC, renter households33.7%35.6%-1.9 points27 of 35
Cary, NC, median home value$525,200$422,800+$102,4002 of 35
Cary, NC, median gross rent a month$1,621$1,508+$1137 of 35
Cary, NC, people per household2.592.54+0.0512 of 35

Who supplies Cary

Wake County lists 4 utilities for Cary, NC (176,686 residents): homes pay 10.52 to 15.54 cents per kWh, about $107 to $158 a month at 1,015 kWh, 1.0% to 1.5% of the $129,399 Cary median income. Wake County page.

Facts about Cary

Residents of Cary, NC, ACS 2023
176,6867 of 35 North Carolina cities with 30,000+
Median household income in Cary, NC
$129,3993 of 35 of those cities
Households in Cary, NC
67,9642.60 people each
Owner-occupied homes in Cary, NC
66.3%45,082 owners and 22,882 renter households
Housing units in Cary, NC
72,6344,670 vacant or seasonal
Homes heated by electricity in Cary, NC
44.0%29,873 of 67,964 homes
Land area of Cary, NC
60.1 sq mi2,938.5 people per sq mi
Bill as share of income in Cary, NC
1.0% to 1.5%at 1,015 kWh a month over the $129,399 median household income
Wind and tornado reports within 15 miles of Cary, NC
291NWS point reports 2015 to 2025, 164.7 per 100,000 residents
Median year homes were built in Cary, NC
19999,181 of 72,634 homes (12.6%) before 1980
Median home value and rent in Cary, NC
$525,200$1,621 gross rent a month, 3.70% of value a year

Who lives in Cary: income, cars, homes

In Cary, NC, 8,128 of 22,087 renter households pay 30% or more of income in rent; 26,193 households moved in since 2018 and 8,458 before 2000, so electric accounts turn over at a moderate pace. Of 92,067 workers in Cary, NC, 29,871 work from home, 54,597 drive alone, 400 ride transit and 1,071 walk. In Cary, NC, 6,822 of 67,964 households earn under $35,000, 12,540 $35,000-$75,000, 19,332 $75,000-$150,000 and 29,270 $150,000 or more. 9,309 residents of Cary, NC live below the poverty line, and the median age is 39.8. In Cary, NC, 2,156 households own no vehicle and 43,952 own two or more; home EV charging depends on that. Cary, NC homes: 50,455 have 3+ bedrooms, 8,324 none or one, median 6.6 rooms.

Household income in Cary, NC

% of households by income, Cary, NC

  • Under $35,00010.0
  • $35,000 to $75,00018.5
  • $75,000 to $150,00028.4
  • $150,000 or more43.1
Cary, NC households against North Carolina cities with 30,000+ residents
Cary, NCValueRank in North Carolina
Cary, NC, households under $35,00010.0%30 of 35
Cary, NC, households $150,000 or more43.1%2 of 35
Cary, NC, residents below poverty5.3%29 of 35
Cary, NC, median age39.86 of 35
Cary, NC, homes with 3+ bedrooms69.5%7 of 35
Cary, NC, households without a vehicle3.2%29 of 35
Cary, NC, households with 2+ vehicles64.7%8 of 35
Cary, NC, workers at home32.4%3 of 35
Cary, NC, cost-burdened renters36.8%34 of 35
Cary, NC, moved in since 201838.5%25 of 35
Cary, NC, moved in before 200012.4%17 of 35

Outage risk around Cary

Cary, NC, NWS reports within 15 miles of the centre, 2015 to 2025: 287 wind and 4 tornado, 164.7 per 100,000 residents of 176,686. Top gust near Cary, NC: 66 knots, 76 mph. Damage near Cary, NC: $1.8M.

Reports within 15 miles of Cary, NC

wind and tornado reports, Cary, NC

  1. 9'15
  2. 23'16
  3. 15'17
  4. 22'18
  5. 41'19
  6. 26'20
  7. 14'21
  8. 50'22
  9. 30'23
  10. 30'24
  11. 31'25
Storm reports near Cary, NC
Cary, NCWindTornadoTotal
Cary, NC, 2015909
Cary, NC, 201623023
Cary, NC, 201715015
Cary, NC, 201822022
Cary, NC, 201940141
Cary, NC, 202026026
Cary, NC, 202114014
Cary, NC, 202249150
Cary, NC, 202329130
Cary, NC, 202429130
Cary, NC, 202531031

Cost of living with electricity in Cary

Cary, NC: 67,964 households at $1,305 a year per home for electricity (Wake County average, DOE LEAD) come to about $88.7 million, an estimate; all home energy is $1,810 a year per household.

Home energy cost, Cary, NC
Group in Cary, NCHouseholdsPower per homePower bill of the groupShare of Cary, NC median income
Cary, NC, all households67,964$1,305$88.7 million1.01%
Cary, NC, homeowners45,082$1,461$65.9 million1.13%
Cary, NC, renters22,882$1,024$23.4 million0.79%

Analyst note on Cary

Household income in Cary, NC is $129,399; 45,082 of its 67,964 households own. Cary, NC counts 176,686 residents in 67,964 households, on 60.1 square miles. 29,873 of the 67,964 occupied homes in Cary, NC heat with electricity.

Cary, NC has 72,634 housing units, 4,670 of them vacant or seasonal. Cary, NC ranks 2 of 35 North Carolina cities for the fewest cost-burdened renters (36.8%). Cary, NC ranks 3 of 35 North Carolina cities with 30,000+ residents for damaging-wind and tornado reports within 15 miles (291 since 2015).

Cary, NC ranks 3 of 35 North Carolina cities for median household income ($129,399).

Bill and heat pump calculator, Cary

Compare Cary with nearby cities

Nearest North Carolina cities with 30,000+ residents to Cary, NC
City near Cary, NCDistance from CaryResidentsMedian incomeMedian year builtMedian home valueStorm reports within 15 milesWork from home
Cary, NC (this page)0 mi176,686$129,3991999$525,20029132.4%
Morrisville, NC3.9 mi north30,471 (-146,215)$125,404 (-$3,995)2006 (+7 yr)$481,800 (-$43,400)333 (+42)34.0% (+1.6 pts)
Apex, NC5.0 mi southwest67,765 (-108,921)$138,442 (+$9,043)2007 (+8 yr)$514,800 (-$10,400)234 (-57)32.5% (+0.1 pts)
Holly Springs, NC8.9 mi south43,429 (-133,257)$132,435 (+$3,036)2008 (+9 yr)$485,500 (-$39,700)204 (-87)30.5% (-2.0 pts)
Raleigh, NC10.8 mi east470,763 (+294,077)$82,424 (-$46,975)1996 (-3 yr)$377,800 (-$147,400)282 (-9)23.4% (-9.1 pts)
Fuquay-Varina, NC13.1 mi south37,749 (-138,937)$111,447 (-$17,952)2010 (+11 yr)$410,600 (-$114,600)206 (-85)26.4% (-6.1 pts)

ZIP codes in Cary

ZIP area touching Cary, NCShare of the ZIP's land inside CaryShare of Cary's land in the ZIP
27519 (Cary, NC)76.8%28.9%
27513 (Cary, NC)88.2%24.4%
27511 (Cary, NC)97.7%19.4%
27518 (Cary, NC)91.0%15.2%
27560 (Cary, NC)9.2%4.3%
27539 (Cary, NC)7.4%3.9%

Census 2020 ZCTA to place land-area overlap. Look up any ZIP.

North Carolina: home prices since 2001, planned plants.

Questions on Cary

Cary: what is the electricity rate?

Cary, NC has no price of its own; its 176,686 residents are served by one of 4 utilities, and a 1,015 kWh month costs $107 to $158.

Cary: how does it rank among North Carolina cities?

Cary, NC: rank 7 of 35 by its 176,686 residents, rank 3 of 35 by $129,399 median income.

Cary: how many homes heat with electricity?

Cary, NC: 29,873 of 67,964 occupied homes, 44.0%; Wake County 54.9%.

Cary: how much income goes to electricity?

At 1,015 kWh a month, 1.0% to 1.5% of the $129,399 median income in Cary, NC.

Cary: damaging storms reported nearby?

291 NWS wind and tornado reports within 15 miles of the centre of Cary, NC, 2015 to 2025, 164.7 per 100,000 residents.

How old are the homes in Cary?

Cary, NC: median home built 1999; 9,181 of 72,634 homes (12.6%) predate 1980, 43,241 are detached and 17,959 sit in buildings of 5+ units.

How many Cary, NC renters struggle with rent?

8,128 of 22,087 renter households pay 30% or more of income in rent.

How many people in Cary, NC work from home?

29,871 of 92,067 workers.

How many households in Cary, NC earn under $35,000?

6,822 of 67,964, against 29,270 at $150,000 or more.

Primary sources for Cary, NC

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Cary, NC ranks 2 of 35 North Carolina cities for the highest median home value ($525,200).