Raleigh is a large city located in the state of North Carolina. With a population of 499,825 people and 124 associated neighborhoods, Raleigh is the second largest community in North Carolina. There's nothing like the smell of a brand new house, and in Raleigh, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Raleigh, and putting down their money on brand new construction. Raleigh’s real estate is, on average, some of the newest in the nation. Raleigh does seem to be experiencing an influx of affluent people, because the median household income is $85,395.00.
Raleigh real estate is some of the most expensive in North Carolina, although Raleigh house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Raleigh has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Raleigh telecommute to their jobs. Overall, about 25.84% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Raleigh is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Raleigh. This makes Raleigh a good place to live for young professionals. With so many people in this demographic, Raleigh presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
If knowledge is power, Raleigh is a pretty powerful place. 53.98% of the adults in Raleigh have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Raleigh in 2022 was $52,897, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $211,588 for a family of four. However, Raleigh contains both very wealthy and poor people as well.
Raleigh is an extremely ethnically-diverse city. The people who call Raleigh home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Raleigh residents report their race to be White, followed by Black or African-American. Raleigh also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.58% of the city’s residents. Important ancestries of people in Raleigh include English, German, Irish, Italian, and Scottish.
The most common language spoken in Raleigh is English. Other important languages spoken here include Spanish and Arabic.