COMPARING TWO PLACES
Raleigh vs Richmond
PLACE A
Raleigh-Cary, NC
VS
PLACE B
Richmond, VA
Raleigh is 15% larger than Richmond. Raleigh earns more, with a median household income $10,996 higher. Raleigh has grown faster since 2000 (25% vs 11%).
RALEIGHRICHMONDDIFFERENCE
Total population1,595,7201,389,338+15% vs Richmond
Population density753318+435
Population growth25.1%10.8%+14.3 pts
Median age37.639.1−1.5
Male49.0%48.6%+0.5 pts
Female51.0%51.4%−0.5 pts
Foreign-born13.7%8.9%+4.8 pts
White, non-Hispanic57.2%54.7%+2.6 pts
Black18.4%27.6%−9.2 pts
Hispanic / Latino12.4%8.4%+3.9 pts
Asian6.9%4.2%+2.8 pts
Other5.1%5.1%−0.1 pts
Median household income$100,665$89,669+$10,996
Per capita income$51,874$47,682+$4,192
Poverty rate8.7%10.0%−1.4 pts
Income inequality (Gini)0.4440.449Even
Bachelor's degree or higher51.2%41.1%+10.1 pts
Graduate degree20.3%16.2%+4.1 pts
Unemployment rate4.1%4.5%−0.5 pts
Labor force participation68.8%66.5%+2.3 pts
Median home value$427,923$351,202+$76,721
Median gross rent$1,521$1,492+$28
Owner-occupied66.7%68.1%−1.4 pts
Housing vacancy rate7.2%6.1%+1.1 pts
Rent-burdened households46.2%47.1%−0.9 pts
Average commute26.625.5+1.2
Worked from home26.0%18.8%+7.1 pts
Public transit to work0.5%1.0%−0.5 pts
Uninsured8.0%6.5%+1.6 pts
Population, 1990 – 2025