Durham s population is 567K, with a total workforce of 314K. The labor market grew by 3,000 jobs over the past year, up by 1.0%. The median household income in Durham is $63,522, 3.7% higher than last year and 3.5% above the national average of $61,372. In the housing market, total permits issued totaled 5,481 over the last twelve months, up 20.4% year-over-year. Durham has 84 active new home projects on the market, 14.3% fewer than the 98 from last year. The average list price in the market is $345,977, 4.9% lower than last year and 14.3% above the national average. Over the last three months, new home contracts increased by 2.8% to 663. Durham and Chapel Hill had the highest concentration of the new home contracts in the Durham market.