Last updated: 2024 BLS data · Page refreshed:
Raeford has a population of 4,552 with a median age of 37.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,552 |
| Median Age | 37.0 |
| White | 42.0% |
| Black or African American | 39.4% |
| Asian | 0.9% |
| Hispanic or Latino | 6.2% |
| Other / Two or More Races | 11.5% |
The median household income in Raeford is $46,494, which is 42.3% below the national median of $80,610. The per capita income is $25,705. The poverty rate is 20.7%.
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In Raeford, 86.8% of residents age 25+ have a high school diploma or higher, and 23.6% hold a bachelor's degree or higher (7.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.8% |
| Bachelor's Degree or Higher | 23.6% |
| Graduate or Professional Degree | 7.2% |
The median home value in Raeford is $201,800, below the national median of $303,400. The median monthly rent is $833. The homeownership rate is 57.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $201,800 |
| Median Monthly Rent | $833 |
| Homeownership Rate | 57.1% |
| Vacancy Rate | 14.0% |
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