Raleigh has a population of approximately 462,219 and experiences a population change rate of 67.41%. The population density is 3,181.7 / sq mi.
Household
The median household income for Raleigh is $72,996, with 187,234 households and an average household size of 2.37.
Home Value
The median value of a home in Raleigh is $427,000 with an appreciation rate of 23.60%. 46.75% of housing in the state is owned while 43.80% is rented.
Cost of Living
The cost of living in Raleigh is 111 %.
Employment
The unemployment rate in Raleigh is 3.00%, and recent job growth is at 1.64%. Future job growth is projected at 57.98%.
Taxes
The sales tax rate in Raleigh is 7.25%, while the income tax rate is 4.99% .
Education
School expenditures in Raleigh are $11,618, and the school ratio is 15.1:1.
Weather
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 29.9 degrees. The average rainfall is approximately 45.8 inches per year, with 3.7 inches of snow per year.