Raleigh

Population: 470,763
Median household income: $82,424
Median home value: $377,800

Raleigh is a community in Wake County, North Carolina, home to 470,763 residents. At $82,424, its median household income sits below Wake County's $101,763.

Between 2019 and 2023, Raleigh's population grew 1.4% from 464,485 to 470,763, while its median home value rose 52.2% from $248,300 to $377,800.

Households average 2.30 people. The median gross rent is $1,468.

Demographics

ACS 2019–2023

Population: 470,763
Median age: 34.7 yrs
Median household income: $82,424
Median home value: $377,800
Median gross rent: $1,468
Housing units: 218,200
Homeownership rate: 51.2%
Bachelor's degree or higher: 52.9%
Unemployment rate: 4.5%

Trends

ACS 5-year · 2019–2023

Population

464,485470,763

Median household income

$67,266$82,424

Median home value

$248,300$377,800

Median gross rent

$1,121$1,468

Year	Population	Median household income	Median home value	Median gross rent
2019	464,485	$67,266	$248,300	$1,121
2020	469,698	$69,720	$266,900	$1,175
2021	462,219	$72,996	$285,400	$1,237
2022	465,517	$78,631	$347,000	$1,371
2023	470,763	$82,424	$377,800	$1,468

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.7%

5 to 1714.5%

18 to 2411.6%

25 to 3418.8%

35 to 4414.4%

45 to 5413.0%

55 to 6410.4%

65 to 747.1%

75 and over4.6%

	Count	Share
Under 5	26,745	5.7%
5 to 17	68,189	14.5%
18 to 24	54,431	11.6%
25 to 34	88,287	18.8%
35 to 44	68,014	14.4%
45 to 54	60,964	13.0%
55 to 64	49,104	10.4%
65 to 74	33,560	7.1%
75 and over	21,469	4.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	242,177	51.4%
Black or African American	126,934	27.0%
American Indian & Alaska Native	1,017	0.2%
Asian	22,159	4.7%
Native Hawaiian & Pacific Islander	76	0.0%
Some other race	2,068	0.4%
Two or more races	16,672	3.5%
Hispanic or Latino (any race)	59,660	12.7%

Educational attainment (age 25+)

No high school diploma7.5%

High school graduate15.9%

Some college or associate's23.6%

Bachelor's degree32.5%

Graduate or professional degree20.4%

	Count	Share
No high school diploma	24,176	7.5%
High school graduate	51,239	15.9%
Some college or associate's	75,913	23.6%
Bachelor's degree	104,510	32.5%
Graduate or professional degree	65,560	20.4%

Commute to work

Mean travel time to work: 23 min

Drove alone65.1%

Carpooled6.6%

Public transit1.3%

Walked1.6%

Bicycle0.4%

Worked from home23.4%

Other means1.6%

How workers get to work

	Count	Share
Drove alone	166,250	65.1%
Carpooled	16,914	6.6%
Public transit	3,313	1.3%
Walked	4,206	1.6%
Bicycle	970	0.4%
Worked from home	59,721	23.4%
Other means	4,074	1.6%

Travel time

	Count	Share
Under 15 min	46,938	24.0%
15 to 29 min	91,076	46.5%
30 to 44 min	38,876	19.9%
45 to 59 min	10,504	5.4%
60+ min	8,333	4.3%

Households

Average household size: 2.30
Poverty rate: 11.4% (51,737 of 452,191)

	Count	Share
Family households	104,789	53.2%
Nonfamily households	92,135	46.8%

Housing

Median year structure built: 1996

Occupancy

	Count	Share
Occupied	196,924	90.2%
Vacant	21,276	9.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	100,895	51.2%
Renter-occupied	96,029	48.8%

1-unit, detached43.8%

1-unit, attached14.4%

2 to 4 units5.7%

5 to 19 units17.7%

20 or more units17.1%

Mobile home & other1.3%

Units in structure

	Count	Share
1-unit, detached	95,586	43.8%
1-unit, attached	31,409	14.4%
2 to 4 units	12,422	5.7%
5 to 19 units	38,701	17.7%
20 or more units	37,261	17.1%
Mobile home & other	2,821	1.3%

Geography

Place GEOID: 3755000
Type (LSAD): 25
Land area: 151 sq mi
Water area: 1.07 sq mi
Center point: 35.8319, -78.6410