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CITY

Raleigh

Florida · 499 residents · 1.943 sq mi
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The short version

Raleigh has lower-than-average household income, with a median household income of $70,129. Population has fallen 29% since 2023, a loss of 200 residents. With a median age of 68.4, the population is older than the US median of 38.9. The poverty rate of 25.9% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 68.4
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Owner-heavy
86% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
499
−29%since 2023
from 699 in 2023
2010 – 2024
Population density
257 / sq mi
−29%since 2023
from 360 / sq mi in 2023
US average: 281
Median age
68.4
+36%since 2023
from 50.2 in 2023
US average: 38.9
Population, 2010 – 2024
1237474710946201020202024Raleigh
2024499
201020202024
Section 02

Income & economy

Median household income
$70,129
+1%inflation adjusted, since 2023
from $67,725 in 2023
US average: $82,259
2010 – 2024
Per capita income
$23,963
+5%since 2023
from $22,741 in 2023
US average: $44,673
Households earning $100K+
8.9%
−6.3 ptssince 2023
from 15.2% in 2023
US average: 53.3%
Poverty rate
25.9%
−2.6 ptssince 2023
from 28.5% in 2023
US average: 12.5%
Income inequality (Gini)
0.284
+10%since 2023
from 0.259 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade12.1%
US avg: 6.9%
Information11%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median gross rent
$482
US average: $1,442
Owner-occupied
85.8%
−2.8 ptssince 2023
from 88.6% in 2023
14.2% rent
Vacancy rate
0.0%
−5.8 ptssince 2023
from 5.8% in 2023
US average: 10.0%
Owner cost-burdened
17.9%
+7.8 ptssince 2023
from 10.1% in 2023
US average: 22.9%
Renter cost-burdened
11.4%
−9.8 ptssince 2023
from 21.2% in 2023
US average: 47.4%
RELATED:See current rent listings in Raleigh on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic57.2%(400)
Black33%(231)
Hispanic / Latino6.7%(47)
Asian0%(0)
Other3%(21)
Diversity Score69.7%(487)
2024
White, non-Hispanic50.7%(253)
Black39.7%(198)
Hispanic / Latino3%(15)
Asian0%(0)
Other6.6%(33)
Diversity Score72.5%(362)
Diversity Score
73
+4%since 2023
from 70 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
30.8%
+5.6 ptssince 2023
from 25.1% in 2023
US average: 35.6%
High school or higher
63.8%
−8.5 ptssince 2023
from 72.3% in 2023
US average: 89.6%
Graduate degree
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.0 min
+21%since 2023
from 26.4 min in 2023
US average: 26.5
Drive alone to work
83.5%
+3.9 ptssince 2023
from 79.7% in 2023
US average: 68.9%
Carpooled to work
12.1%
+5.7 ptssince 2023
from 6.4% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
4.4%
−9.6 ptssince 2023
from 14.0% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
6.1%
−1.9 ptssince 2023
from 7.9% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
21.8%
−10.9 ptssince 2023
from 32.8% in 2023
US average: 63.5%
Self-employed
7.7%
+0.1 ptssince 2023
from 7.6% in 2023
US average: 13.1%
Management & professional
4.4%
−12.5 ptssince 2023
from 16.9% in 2023
US average: 42.5%
Section 08

People & community

Male
53.7%
+3.5 ptssince 2023
from 50.2% in 2023
Female
46.3%
−3.5 ptssince 2023
from 49.8% in 2023
Foreign born
0.6%
−0.1 ptssince 2023
from 0.7% in 2023
US average: 14.1%
Veterans
13.9%
+2.7 ptssince 2023
from 11.2% in 2023
US average: 6.2%
With a disability
28.7%
+9.8 ptssince 2023
from 18.9% in 2023
US average: 13.3%
Uninsured
15.6%
+3.2 ptssince 2023
from 12.4% in 2023
US average: 8.4%
Broadband at home
97.6%
+1.4 ptssince 2023
from 96.2% in 2023
US average: 91.0%
English only at home
97.6%
−0.4 ptssince 2023
from 98.0% in 2023
US average: 77.7%
Spanish at home
2.4%
+0.4 ptssince 2023
from 2.0% in 2023
US average: 13.6%
Drill deeper

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Compare Raleigh to nearby cities

RALEIGH VS
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Income$89,552+28%
Home value$288,100
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RALEIGH VS
Gainesville
Income$46,195−34%
Home value$247,500
Population148,671+29694%
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RALEIGH VS
Alachua
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Home value$299,200
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RALEIGH VS
On Top of the World
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Home value$303,900
Population16,007+3108%
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Frequently asked

How many people live in Raleigh, Florida?

Raleigh, Florida has about 499 residents according to the 2024 American Community Survey.

What is the median household income in Raleigh, Florida?

The typical household in Raleigh, Florida earns about $70,129 a year. Half of households make more than that, and half make less.

Is Raleigh, Florida expensive?

In Raleigh, Florida, the typical rent is about $482 a month.

How educated are people in Raleigh, Florida?

About 30.8% of adults age 25 and over in Raleigh, Florida hold a bachelor's degree or higher.

What is the poverty rate in Raleigh, Florida?

About 25.9% of people in Raleigh, Florida live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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