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ZipNumbers

North Carolina · Census place 55000

Raleigh city, NC

Quick answer

Raleigh city has 470,763 residents, ranking #2 of 777 places in North Carolina. Median household income is $82,424, the median home is worth $377,800 and median gross rent runs $1,468 a month.

Population
470,763Raleigh city residents
Median household income
$82,424Past 12 months, inflation adjusted
Median home value
$377,800Owner-occupied units
Median gross rent
$1,468Rent plus utilities, monthly
Median age
34.7 yrsAll residents
Homeownership rate
51.2%Owner-occupied households

What the numbers mean in Raleigh city

Housing cost measured against local earnings.

A household earning the Raleigh city median would spend about 21.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.4% of residents and 51.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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