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Raleigh, NC 27603 has a population of approximately 53,693 and experiences a population change rate of 70.31%. The population density is 1,040.4 / sq mi .
The median household income for Raleigh, NC 27603 is $74,737, with 21,127 households and an average household size of 2.5.
The median value of a home in Raleigh, NC 27603 is $401,300 with an appreciation rate of 23.60%. 54.93% of housing in the state is owned while 37.35% is rented.
The cost of living in Raleigh, NC 27603 is 107 %.
The unemployment rate in Raleigh, NC 27603 is 2.70%, and recent job growth is at 1.64%. Future job growth is projected at 58.47%.
The sales tax rate in Raleigh, NC 27603 is 7.25%, while the income tax rate is 4.99% .
School expenditures in Raleigh, NC 27603 are $11,618, and the school ratio is 15.1:1.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 46.2 inches per year, with 3 inches of snow per year.
