City of Raleigh

The City of Raleigh, founded in 1792, is the second largest city in North Carolina. It’s both the county seat of Wake County (the largest county in North Carolina) and the capital of the state. 

Driven by a strong economy and an outstanding quality of life, Raleigh is consistently ranked among the nation’s best places to live and operate a business. Sustained population growth has created new development opportunities in Raleigh. The City has made strategic investments in new operational facilities, parks, transportation, transit, and affordable housing and is completing plans for a new consolidated Civic Campus. Similarly, reform of development standards has allowed more urban, transit-focused development and more diverse housing types to encourage housing choice and affordability.  

Community Demographics 

  • Population growth: 467,655 (2020 Census – 481,900 is the current estimate), up from 291,141 in the 2000 Census. 

  • Educational attainment: 54.33 % received their bachelor’s degree or higher 

  • Median household income: between $60,000 and 75,000  

  • Median home price: $248,300 

  • Unemployment rate: 2.9%