HomeNorth CarolinaOrange CountyHillsborough town
Hillsborough town, North Carolina: commercial real estate data.
Hillsborough town is a Census town of 9,724 people across 5.76 square miles of land, in Orange County. Median household income is $98,163, 63.8 percent of occupied homes are owned, and the SBA record carries 15 7(a) approvals to borrowers here worth $5.6 m.
80 sourced place values · tier FULL · 9 sections
Hillsborough
What Hillsborough is
- Census place typetown
- Land area5.76 sq mi
- Water area0.07 sq mi
- Population per square mile of land1,687
- County holding the largest share of its areaOrange County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
How many people live in Hillsborough
- Population9,724
- Median age42.5
- Population under 182,198
- Share under 1822.6 percent
- Population 65 and over1,728
- Share 65 and over17.8 percent
- Households4,146
- Family households2,512
- Share of households that are families60.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
Income and work in Hillsborough
- Median household income$98,163 plus or minus $25,635
- Per capita income$54,038
- Civilian labor force5,010
- Employed4,803
- Unemployed207 plus or minus 141
- Unemployment rate4.1 percent plus or minus 2.8
- Adults 25 and over7,108
- Adults 25 and over with a high school diploma or higher93.5 percent
- Adults 25 and over with a bachelor degree or higher61.4 percent
- Adults 25 and over with a graduate degree31.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
Housing in Hillsborough
- Housing units4,522
- Occupied units4,146
- Vacant units376 plus or minus 196
- Vacancy rate8.3 percent plus or minus 4.3
- Owner occupied2,644
- Renter occupied1,502 plus or minus 314
- Ownership rate63.8 percent
- Median owner-occupied home value$460,100
- Median gross rent, monthly$1,368
- Annual rent as a share of median income16.7 percent plus or minus 5.1
- Single family units3,541
- Share single family78.3 percent
- Units in buildings of two or more959 plus or minus 276
- Share in buildings of two or more21.2 percent plus or minus 5.9
- Mobile homes22 plus or minus 28
- Median year structure built2001
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
How Hillsborough gets to work
- Workers 16 and over who commute3,286
- Commuting under 15 minutes837 plus or minus 316
- Share commuting under 15 minutes25.5 percent plus or minus 9.1
- Commuting 30 minutes or more875 plus or minus 237
- Share commuting 30 minutes or more26.6 percent plus or minus 6.5
- Drove alone64.7 percent
- Carpooled3.8 percent plus or minus 2.2
- Public transport0.8 percent plus or minus 0.9
- Walked0.6 percent plus or minus 0.6
- Worked from home29.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
SBA 7(a) lending to Hillsborough borrowers
- Approvals15
- Gross approval$5,630,500
- Average approval$375,367
- Median approval$238,000
- Ninetieth percentile approval$517,000
- Largest approval$2,630,000
- Jobs supported105
- Jobs per approval7.0
- Loans with a final outcome3
- Paid in full2
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more6.7 percent
- Share to franchises13.3 percent
- Distinct lenders13
- Distinct industries by NAICS11
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hillsborough
SBA 504 lending to Hillsborough borrowers
- Approvals6
- Gross approval$4,564,000
- Average approval$760,667
- Median approval$959,000
- Largest approval$1,275,000
- Jobs supported93
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hillsborough
Flood programme status in Hillsborough
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370343
- Currently effective map date11/17/17
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Orange County, not Hillsborough
Orange County context, not Hillsborough figures
These are Orange County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hillsborough measurements.
- Establishments in Orange County3,491
- Employment at those establishments, Orange County51,807
- Covered employment, Orange County78,431
- Average annual pay, Orange County$79,229
- Average weekly wage, Orange County$1,524
- Housing units permitted, Orange County375
- Of those, single family, Orange County325
- County product, 2024, Orange County$13,068,681,000
- County product change over the prior year, Orange County5.6 percent
- Average income of an arriving household, Orange County$102,140
Every figure in this section is published for Orange County as a whole and is not a measurement of Hillsborough. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hillsborough questions, answered from the record.
How many people live in Hillsborough, North Carolina?
9,724, in 4,146 households. Hillsborough town covers 5.76 square miles of land, which is 1,687 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hillsborough in?
Orange County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hillsborough?
$98,163. The median owner-occupied home is valued at $460,100. Median gross rent is $1,368 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hillsborough businesses?
15 7(a) approvals totalling $5.6 m, across 13 lenders, median approval $238,000, plus 6 504 approvals worth $4.6 m. These count approvals to borrowers whose address is in Hillsborough, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hillsborough borrowers get paid back?
No rate is published for Hillsborough. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Hillsborough in the National Flood Insurance Program?
Yes. Hillsborough appears in the FEMA Community Status Book as community 370343, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hillsborough figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Orange County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hillsborough.
Is zoning published for Hillsborough?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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