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CITY · 2020 ACS

Raleigh

Florida · 357 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 $58,130. Population has fallen 53% since 2019, a loss of 409 residents. Median home value is $61,800. With a median age of 47.8, the population is older than the US median of 38.8. The poverty rate of 25.0% is well above the national figure.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 47.8
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
More affordable
home values down 30%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
357
−53%since 2019
from 766 in 2019
2010 – 2024
Population density
184 / sq mi
−53%since 2019
from 394 / sq mi in 2019
US average: 280
Median age
47.8
+40%since 2019
from 34.1 in 2019
US average: 38.8
Population, 2010 – 2024
1237474710946201020202024Raleigh
2024499
201020202024
Section 02

Income & economy

Median household income
$58,130
+37%inflation adjusted, since 2019
from $41,779 in 2019
US average: $66,278
2010 – 2024
Per capita income
$19,377
+14%since 2019
from $17,063 in 2019
US average: $35,364
Households earning $100K+
13.0%
−2.9 ptssince 2019
from 15.9% in 2019
US average: 43.9%
Poverty rate
25.0%
−11.3 ptssince 2019
from 36.3% in 2019
US average: 12.8%
Workforce by industry, 2020
Information17.3%
US avg: 11.1%
Wholesale trade7.1%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$61,800
−30%inflation adjusted, since 2019
from $87,300 in 2019
US average: $265,253
2010 – 2020
Owner-occupied
82.2%
−11.4 ptssince 2019
from 93.6% in 2019
17.8% rent
Afford Score
1.1
−49%since 2019
from 2.1 in 2019
2010 – 2020
Gentrification Score
43
RELATED:See current rent listings in Raleigh on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic69.6%(533)
Black26.2%(201)
Hispanic / Latino2.9%(22)
Asian0%(0)
Other1.3%(10)
Diversity Score55.7%(427)
2020
White, non-Hispanic35.3%(126)
Black53.8%(192)
Hispanic / Latino5.6%(20)
Asian0%(0)
Other0.7%(2)
Diversity Score67.7%(242)
Diversity Score
68
+21%since 2019
from 56 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
25.8%
+24.0 ptssince 2019
from 1.9% in 2019
US average: 32.9%
High school or higher
81.8%
−13.6 ptssince 2019
from 95.3% in 2019
US average: 88.5%
Graduate degree
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 12.7%
Section 06

Commute & transportation

Drive alone to work
89.1%
−0.4 ptssince 2019
from 89.5% in 2019
US average: 75.1%
No vehicle available
2.1%
−7.8 ptssince 2019
from 9.9% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
31.2%
−19.6 ptssince 2019
from 50.8% in 2019
US average: 63.4%
Management & professional
14.7%
+0.1 ptssince 2019
from 14.6% in 2019
US average: 39.3%
Section 08

People & community

Male
42.6%
+1.8 ptssince 2019
from 40.9% in 2019
Female
57.4%
−1.8 ptssince 2019
from 59.1% in 2019
Foreign born
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 13.5%
Uninsured
12.5%
+9.9 ptssince 2019
from 2.6% in 2019
US average: 8.8%
Drill deeper

Places similar to Raleigh

Dearing
Pop 534
Briny Breezes
Pop 533
Port Penn
Pop 592
Spring Ridge
Pop 555
Places similar to Raleigh
Head to head

Compare Raleigh to nearby cities

RALEIGH VS
Newberry
Income$89,552+54%
Home value$288,100+366%
Population8,618+1627%
SEE FULL COMPARISON →
RALEIGH VS
Gainesville
Income$46,195−21%
Home value$247,500+300%
Population148,671+29694%
SEE FULL COMPARISON →
RALEIGH VS
Alachua
Income$83,464+44%
Home value$299,200+384%
Population10,612+2027%
SEE FULL COMPARISON →
RALEIGH VS
On Top of the World
Income$60,670+4%
Home value$303,900+392%
Population16,007+3108%
SEE FULL COMPARISON →
Frequently asked

How many people live in Raleigh, Florida?

Raleigh, Florida has about 357 residents according to the 2020 American Community Survey.

What is the median household income in Raleigh, Florida?

The typical household in Raleigh, Florida earns about $58,130 a year. Half of households make more than that, and half make less.

Is Raleigh, Florida expensive?

In Raleigh, Florida, the median home is worth about $61,800.

How educated are people in Raleigh, Florida?

About 25.8% 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 25.0% 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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