HomeNorth CarolinaWake CountyRaleigh
Raleigh, North Carolina: commercial real estate data.
Raleigh is a Census city of 481,031 people across 150.93 square miles of land, in Wake County. Median household income is $85,395, 50.7 percent of occupied homes are owned, and the SBA record carries 667 7(a) approvals to borrowers here worth $438.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Raleigh
What Raleigh is
- Census place typecity
- Land area150.93 sq mi
- Water area1.07 sq mi
- Population per square mile of land3,187
- County holding the largest share of its areaWake County, 99.7 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raleigh
How many people live in Raleigh
- Population481,031
- Median age34.7
- Population under 1895,457
- Share under 1819.8 percent
- Population 65 and over57,081
- Share 65 and over11.9 percent
- Households203,443
- Family households108,253
- Share of households that are families53.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raleigh
Income and work in Raleigh
- Median household income$85,395
- Per capita income$52,897
- Civilian labor force280,593
- Employed268,248
- Unemployed12,345
- Unemployment rate4.4 percent
- Adults 25 and over327,592
- Adults 25 and over with a high school diploma or higher92.6 percent
- Adults 25 and over with a bachelor degree or higher54.0 percent
- Adults 25 and over with a graduate degree21.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raleigh
Housing in Raleigh
- Housing units224,853
- Occupied units203,443
- Vacant units21,410
- Vacancy rate9.5 percent
- Owner occupied103,241
- Renter occupied100,202
- Ownership rate50.7 percent
- Median owner-occupied home value$415,800
- Median gross rent, monthly$1,572
- Annual rent as a share of median income22.1 percent
- Single family units130,594
- Share single family58.1 percent
- Units in buildings of two or more91,234
- Share in buildings of two or more40.6 percent
- Mobile homes2,937 plus or minus 604
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raleigh
How Raleigh gets to work
- Workers 16 and over who commute195,663
- Commuting under 15 minutes47,384
- Share commuting under 15 minutes24.2 percent
- Commuting 30 minutes or more56,970
- Share commuting 30 minutes or more29.1 percent
- Drove alone62.3 percent
- Carpooled6.7 percent
- Public transport1.4 percent
- Walked1.6 percent
- Worked from home25.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raleigh
SBA loans in Raleigh (7(a))
- Approvals667
- Gross approval$438,646,700
- Average approval$657,641
- Median approval$307,000
- Ninetieth percentile approval$1,738,100
- Largest approval$5,000,000
- Jobs supported8,189
- Jobs per approval12.3
- Loans with a final outcome121
- Paid in full115
- Charged off6
- Charge-off rate over resolved loans5.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.1 percent
- Share to franchises27.7 percent
- Distinct lenders100
- Distinct industries by NAICS205
Counted by borrower city: approvals to borrowers whose address is in Raleigh, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Raleigh
SBA loans in Raleigh (504)
- Approvals102
- Gross approval$76,518,000
- Average approval$750,176
- Median approval$457,000
- Largest approval$3,359,000
- Jobs supported796
- Loans with a final outcome42
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs5
Counted by borrower city: approvals to borrowers whose address is in Raleigh, in any county, FY2010 to FY2026.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Raleigh
Flood risk in Raleigh
- NFIP communityCity of Raleigh
- NFIP community number370243
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date07/19/22
The City of Raleigh participates in the National Flood Insurance Program as community 370243 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wake County, not Raleigh
Wake County context, not Raleigh figures
- Establishments in Wake County33,873
- Covered employment, Wake County653,153
- Average annual pay, Wake County$76,807
- Housing units permitted, Wake County15,248
Every figure in this section is published for Wake County as a whole and is not a measurement of Raleigh.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Raleigh questions, answered from the record.
How many people live in Raleigh, North Carolina?
481,031, in 203,443 households. Raleigh city covers 150.93 square miles of land, which is 3,187 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Raleigh in?
Wake County, which holds 99.7 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Raleigh?
$85,395. The median owner-occupied home is valued at $415,800. Median gross rent is $1,572 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Raleigh businesses?
667 7(a) approvals totaling $438.6 m since FY2020, across 100 lenders, median approval $307,000, plus 102 504 approvals worth $76.5 m since FY2010. These count approvals to borrowers whose address is in Raleigh, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Raleigh borrowers get paid back?
Of the 121 loans that have reached a final outcome, 115 were paid in full and 6 charged off, a charge off rate of 5.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Raleigh in the National Flood Insurance Program?
Yes. Raleigh appears in the FEMA Community Status Book as Raleigh, city of, community 370243, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Raleigh figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Raleigh.
Is zoning published for Raleigh?
No. Nothing on this page presents parcel level zoning.