HomeNorth CarolinaWake CountyRaleigh city
Raleigh city, North Carolina: commercial real estate data.
Raleigh city 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.
83 sourced place values · tier FULL · 9 sections
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 7(a) lending to Raleigh borrowers
- Approvals667
- Gross approval$438,646,700
- Average approval$657,641
- Median approval$307,000
- Ninetieth percentile approval$1,745,000
- 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
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Raleigh
SBA 504 lending to Raleigh borrowers
- Approvals102
- Gross approval$76,518,000
- Average approval$750,176
- Median approval$465,000
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Raleigh
Flood programme status in Raleigh
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 5
- NFIP community number370243
- Currently effective map date07/19/22
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Wake County, not Raleigh
Wake County context, not Raleigh figures
These are Wake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Raleigh measurements.
- Establishments in Wake County33,873
- Employment at those establishments, Wake County556,250
- Covered employment, Wake County653,153
- Average annual pay, Wake County$76,807
- Average weekly wage, Wake County$1,477
- Housing units permitted, Wake County15,248
- Of those, single family, Wake County9,620
- County product, 2024, Wake County$128,428,188,000
- County product change over the prior year, Wake County6.5 percent
- Average income of an arriving household, Wake County$88,162
Every figure in this section is published for Wake County as a whole and is not a measurement of Raleigh. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $438.6 m, across 100 lenders, median approval $307,000, plus 102 504 approvals worth $76.5 m. 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 community 370243, carrying Community Rating System class 5, which is a premium discount for exceeding the programme 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.