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Raleigh, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
481,031
Population
$85,395
Median Income
$415,800
Home Value
34.7
Median Age

Demographics

Raleigh has a population of 481,031 with a median age of 34.7. Here is the racial and ethnic breakdown of the population:

White
52.8%
Black
26.6%
Hispanic
12.6%
Asian
5.2%
Other
2.8%
Demographic Value
Total Population481,031
Median Age34.7
White52.8%
Black or African American26.6%
Asian5.2%
Hispanic or Latino12.6%
Other / Two or More Races2.8%
Raleigh, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 52.8%Black: 26.6%Hispanic/Latino: 12.6%Asian: 5.2%Other: 2.8%481,031PopulationWhiteWhite52.8%BlackBlack26.6%Hispanic/LatinoHispanic/Latino12.6%AsianAsian5.2%OtherOther2.8%

Income & Economy

The median household income in Raleigh is $85,395, which is 5.9% above the national median of $80,610. The per capita income is $52,897. The poverty rate is 11.9%.

$85,395
Median Household Income
$52,897
Per Capita Income
11.9%
Poverty Rate

Employment

The unemployment rate in Raleigh is 3.2%, compared to the national rate of 4.1%.

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Education

In Raleigh, 92.6% of residents age 25+ have a high school diploma or higher, and 54.0% hold a bachelor's degree or higher (21.1% with a graduate or professional degree).

HS Diploma+
92.6%
Bachelor's+
54.0%
Graduate+
21.1%
Education Level % of Adults (25+)
High School Diploma or Higher92.6%
Bachelor's Degree or Higher54.0%
Graduate or Professional Degree21.1%

Housing

The median home value in Raleigh is $415,800, above the national median of $303,400. The median monthly rent is $1,572. The homeownership rate is 50.7%.

$415,800
Median Home Value
$1,572/mo
Median Rent
50.7%
Homeownership Rate
Housing Metric Value
Median Home Value$415,800
Median Monthly Rent$1,572
Homeownership Rate50.7%
Vacancy Rate9.5%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Raleigh, North Carolina?
The population of Raleigh, North Carolina is 481,031 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Raleigh, North Carolina?
The median household income in Raleigh, North Carolina is $85,395. This is 5.9% above the national median of $80,610.
What is the median home value in Raleigh, North Carolina?
The median home value in Raleigh, North Carolina is $415,800. The median monthly rent is $1,572.
What percentage of people in Raleigh have a college degree?
In Raleigh, North Carolina, 54.0% of adults age 25 and older hold a bachelor's degree or higher, and 92.6% 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 4.9x (median home value $415,800 vs. median income $85,395), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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