Durham s population is 567K, with a total workforce of 316K. The labor market grew by 6,500 jobs over the past year, up by 2.1%. The median household income in Durham is $63,714, 4.0% higher than last year and 3.8% above the national average of $61,372. In the housing market, total permits issued totaled 5,447 over the last twelve months, up 21.5% year-over-year. Durham has 85 active new home projects on the market, 11.5% fewer than the 96 from last year. The average list price in the market is $402,931, 7.3% higher than last year and 30.1% above the national average. Over the last three months, new home contracts increased by 3.9% to 558. Durham and Chapel Hill had the highest concentration of the new home contracts in the Durham market.