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NEIGHBORHOOD

Falls of Neuse

North Carolina · Raleigh · 11,092 residents · 3.942 sq mi
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The short version

Falls of Neuse has roughly average household income, with a median household income of $75,819. Population has held roughly steady since 2024. 57% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $495,912. These figures are approximated by combining the 2 census tracts that make up Falls of Neuse; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 37.7
US median: 38.9
More educated
57% hold a bachelor's degree
US average: 36%
Renter-heavy
38% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
11,092
Population density
2,814 / sq mi
US average: 281
Median age
37.7
US average: 38.9
Section 02

Income & economy

Median household income
$75,819
US average: $82,259
Per capita income
$62,664
US average: $44,673
Households earning $100K+
54.4%
US average: 53.3%
Poverty rate
7.1%
US average: 12.5%
Income inequality (Gini)
0.442
US average: 0.476
Workforce by industry, 2024
Wholesale trade17.7%
US avg: 6.9%
Other services12.7%
US avg: 6.7%
Public administration10%
US avg: 4.8%
Information7.1%
US avg: 10.8%
Retail trade5.7%
US avg: 9.9%
Finance & insurance5.3%
US avg: 5.9%
Professional, scientific, technical3.2%
US avg: 5.1%
Transportation & warehousing3%
US avg: 2.2%
Education & health services2.2%
US avg: 0.9%
Arts, entertainment, food1.1%
US avg: 1.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Construction0.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$495,912
US average: $376,019
Median gross rent
$1,571
US average: $1,442
Owner-occupied
37.9%
62.1% rent
Vacancy rate
14.2%
US average: 10.0%
Owner cost-burdened
12.3%
US average: 22.9%
Renter cost-burdened
61.2%
US average: 47.4%
Afford Score
6.5
RELATED:See current rent listings in Falls of Neuse on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic57.5%(6,383)
Black13.5%(1,499)
Hispanic / Latino22.3%(2,471)
Asian1.1%(119)
Other5.6%(620)
Diversity Score74.7%(8,287)
2024
White, non-Hispanic57.5%(6,383)
Black13.5%(1,499)
Hispanic / Latino22.3%(2,471)
Asian1.1%(119)
Other5.6%(620)
Diversity Score74.7%(8,287)
Diversity Score
75
Section 05

Education

Bachelor's degree or higher
56.7%
US average: 35.6%
High school or higher
86.7%
US average: 89.6%
Graduate degree
20.9%
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.6 min
US average: 26.5
Drive alone to work
54.8%
US average: 68.9%
Carpooled to work
14.9%
US average: 8.5%
Public transit
0.0%
US average: 3.2%
Worked from home
24.2%
US average: 15.0%
Walked to work
4.3%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
11.3%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.1%
US average: 5.2%
Labor force participation
73.0%
US average: 63.5%
Self-employed
18.3%
US average: 13.1%
Management & professional
52.5%
US average: 42.5%
Section 08

People & community

Male
53.1%
Female
46.9%
Foreign born
17.0%
US average: 14.1%
Veterans
3.4%
US average: 6.2%
With a disability
10.9%
US average: 13.3%
Uninsured
18.6%
US average: 8.4%
Broadband at home
84.2%
US average: 91.0%
English only at home
73.5%
US average: 77.7%
Spanish at home
21.4%
US average: 13.6%
Explore

Neighborhoods in Raleigh

CentralEast RaleighFive PointsGlenwoodHillsboroughNorth RaleighNortheast RaleighNorthwest RaleighSix ForksSouth CentralSoutheast RaleighSouthwest RaleighWadeWest RaleighNeighborhoods in Raleigh
Drill deeper

Places similar to Falls of Neuse

NE - Sterling
Pop 10,869
Golden Hill
Pop 10,935
Valencia Park
Pop 10,314
Russian Jack Park
Pop 11,560
Places similar to Falls of Neuse
Head to head

Compare Falls of Neuse side by side

FALLS OF NEUSE VS
NE - Sterling
Income$76,759+1%
Home value$409,247−17%
Population10,869−2%
SEE FULL COMPARISON →
FALLS OF NEUSE VS
Golden Hill
Income$73,299−3%
Home value$833,879+68%
Population10,935−1%
SEE FULL COMPARISON →
FALLS OF NEUSE VS
Valencia Park
Income$76,200+1%
Home value$607,578+23%
Population10,314−7%
SEE FULL COMPARISON →
FALLS OF NEUSE VS
Russian Jack Park
Income$78,917+4%
Home value$230,665−53%
Population11,560+4%
SEE FULL COMPARISON →
Frequently asked

How many people live in Falls of Neuse, Raleigh, North Carolina?

Falls of Neuse, Raleigh, North Carolina has about 11,092 residents according to the 2024 American Community Survey.

What is the median household income in Falls of Neuse, Raleigh, North Carolina?

The typical household in Falls of Neuse, Raleigh, North Carolina earns about $75,819 a year. Half of households make more than that, and half make less.

Is Falls of Neuse, Raleigh, North Carolina expensive?

In Falls of Neuse, Raleigh, North Carolina, the median home is worth about $495,912, and the typical rent is about $1,571 a month.

How educated are people in Falls of Neuse, Raleigh, North Carolina?

About 56.7% of adults age 25 and over in Falls of Neuse, Raleigh, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Falls of Neuse, Raleigh, North Carolina?

About 7.1% of people in Falls of Neuse, Raleigh, North Carolina live below the federal poverty line.

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Containing area
Raleigh

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

How we source and harmonize this data →