Most Expensive Raleigh Neighborhoods
Raleigh is a large city located in the state of North Carolina. With a population of 438,759 people and 100 constituent neighborhoods, Raleigh is the second largest community in North Carolina.
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.
Raleigh is a decidedly white-collar city, with fully 87.45% of the workforce employed in white-collar jobs, well above the national average. Overall, Raleigh is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Raleigh who work in office and administrative support (12.56%), sales jobs (12.20%) and management occupations (11.91%).
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.
In addition, Raleigh is a major college town. As is often the case in college towns, the many students that live in Raleigh have a strong influence on the local culture and music scene. In fact, Raleigh is one of only a few big cities that are also major college towns. This combination of big city status and thousands of college students gives Raleigh, on one hand, a sophisticated style, while on the other also providing lots of diversions and entertainment for students. In fact, Raleigh is one of the biggest "college towns" in America. This elevates both the status of the city and the knowledge sector of the local economy, which is sustained by a steady output of new college graduates every spring.
Not only is Raleigh a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. That’s because Raleigh is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Raleigh a great place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun. In fact, Raleigh is one of the top larger cities in America for educated single professionals to flock.
Raleigh is one of the most car-oriented large cities in America. A full 84.32% of people drive their car alone to work each day. If you like to drive, you'll love it. And you better. Because walking to work is just not a viable option for most people who live in Raleigh. Highways, wide streets, parking lots, and shopping centers are part of the common Raleigh landscape.
The education level of Raleigh ranks among the highest in the nation. Of the 25-and-older adult population in Raleigh, 47.64% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Raleigh in 2010 was $31,169, which is wealthy relative to North Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $124,676 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 10.91% of the city’s residents. Important ancestries of people in Raleigh include English, German, Irish, Italian, African and Scottish.
The most common language spoken in Raleigh is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||166,316|
|RALEIGH HOME OWNERSHIP|
|% OWNER OCCUPIED||50.66%|
|% RENTER OCCUPIED||49.34%|
|TYPE OF RALEIGH HOMES|
|SINGLE FAMILY DETACHED||47.23%|
|ROWHOUSES AND ATTACHED HOMES||13.29%|
|SMALL APARTMENT BUILDINGS||6.79%|
|COMPLEXES OR HIGH RISE APARTMENTS||31.48%|
|SIZE OF RALEIGH HOMES|
|5 OR MORE BEDROOMS||4.03%|
|AGE OF RALEIGH HOMES|
|NEWER HOMES (2000 OR LATER)||30.23%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||50.42%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||16.22%|
|HISTORIC (1939 OR BEFORE)||3.13%|
|RALEIGH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$237,262|
|MEDIAN RENTAL PRICE||$1,126|
|HOME VALUE RANGE|
|$0 - $57,000||2.27%|
|$57,001 - $115,000||4.05%|
|$115,001 - $229,000||42.12%|
|$229,001 - $344,000||25.27%|
|$344,001 - $458,000||11.44%|
|$458,001 - $573,000||6.14%|
|$573,001 - $860,000||5.60%|
|$860,001 - $1,146,000||1.97%|
|PEOPLE OF RALEIGH||DETAILS|
|UNDER 5 YEARS||6.79%|
|5 TO 17||15.93%|
|18 TO 24||13.65%|
|25 TO 34||18.05%|
|35 TO 54||27.71%|
|55 TO 64||8.97%|
|65 YEARS AND OVER||8.90%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||90.69%|
|MEDIAN HOUSEHOLD INCOME||$54,581|
|PER CAPITA INCOME||$31,169|
|INDIVIDUALS BELOW POVERTY LEVEL||16.33%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (11.86%)
Professional, scientific, and technical services (11.85%)
Public Service (5.34%)
Information Technology (2.43%)
Real estate (2.08%)
|BLACK OR AFRICAN AMERICAN||28.94%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.30%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.09%|
|SOME OTHER RACE ALONE||3.32%|
|TWO OR MORE RACES||2.12%|
|HISPANIC OR LATINO (OF ANY RACE)||10.91%|
|ETHNICITIES PRESENT||English (9.69%)
|LANGUAGES SPOKEN||English (82.57%)
African languages (1.07%)
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