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Raleigh, NC 27607 has a population of approximately 29,067 and experiences a population change rate of 58.76%. The population density is 1,805.3 / sq mi .
The median household income for Raleigh, NC 27607 is $76,486, with 8,861 households and an average household size of 2.27.
The median value of a home in Raleigh, NC 27607 is $586,400 with an appreciation rate of 23.60%. 41.70% of housing in the state is owned while 47.99% is rented.
The cost of living in Raleigh, NC 27607 is 134.8 %.
The unemployment rate in Raleigh, NC 27607 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 27607 is 7.25%, while the income tax rate is 4.99% .
School expenditures in Raleigh, NC 27607 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 30.2 degrees. The average rainfall is approximately 46.2 inches per year, with 4.1 inches of snow per year.