Raleigh, North Carolina

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
465,517
Population
$78,631
Median Income
$347,000
Home Value
34.6
Median Age

Demographics

Raleigh has a population of 465,517 with a median age of 34.6. Here is the racial and ethnic breakdown of the population:

White
55.5%
Black
28.1%
Hispanic
11.6%
Asian
4.5%
Demographic Value
Total Population465,517
Median Age34.6
White55.5%
Black or African American28.1%
Asian4.5%
Hispanic or Latino11.6%

Income & Economy

The median household income in Raleigh is $78,631, which is 4.6% above the national median of $75,149. The per capita income is $47,257. The poverty rate is 11.8%.

$78,631
Median Household Income
$47,257
Per Capita Income
11.8%
Poverty Rate

Employment

The unemployment rate in Raleigh is 4.5%, compared to the national rate of 5.4%.

Education

In Raleigh, 92.4% of residents age 25+ have a high school diploma or higher, and 52.7% hold a bachelor's degree or higher (20.0% with a graduate or professional degree).

HS Diploma+
92.4%
Bachelor's+
52.7%
Graduate+
20.0%
Education Level % of Adults (25+)
High School Diploma or Higher92.4%
Bachelor's Degree or Higher52.7%
Graduate or Professional Degree20.0%

Housing

The median home value in Raleigh is $347,000, above the national median of $281,900. The median monthly rent is $1,371. The homeownership rate is 51.1%.

$347,000
Median Home Value
$1,371/mo
Median Rent
51.1%
Homeownership Rate
Housing Metric Value
Median Home Value$347,000
Median Monthly Rent$1,371
Homeownership Rate51.1%
Vacancy Rate10.2%

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Frequently Asked Questions

What is the population of Raleigh, North Carolina?
The population of Raleigh, North Carolina is 465,517 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Raleigh, North Carolina?
The median household income in Raleigh, North Carolina is $78,631. This is 4.6% above the national median of $75,149.
What is the median home value in Raleigh, North Carolina?
The median home value in Raleigh, North Carolina is $347,000. The median monthly rent is $1,371.
What percentage of people in Raleigh have a college degree?
In Raleigh, North Carolina, 52.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.4% have a high school diploma or higher.
Is Raleigh, North Carolina an affordable place to live?
The home price-to-income ratio in Raleigh, North Carolina is 4.4x (median home value $347,000 vs. median income $78,631), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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