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NEIGHBORHOOD

Raleigh

Tennessee · Memphis · 46,362 residents · 22.189 sq mi
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The short version

Raleigh has notably lower household income than the US average, with a median household income of $49,544. Population has held roughly steady since 2024. 15% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $152,990. At a median age of 34.1, residents skew younger than the country as a whole. These figures are approximated by combining the 11 census tracts that make up Raleigh; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 34.1
US median: 38.9
Less educated
15% hold a bachelor's degree
US average: 36%
Renter-heavy
40% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
46,362
Population density
2,089 / sq mi
US average: 281
Median age
34.1
US average: 38.9
Section 02

Income & economy

Median household income
$49,544
US average: $82,259
Per capita income
$28,078
US average: $44,673
Households earning $100K+
30.1%
US average: 53.3%
Poverty rate
17.2%
US average: 12.5%
Income inequality (Gini)
0.449
US average: 0.476
Workforce by industry, 2024
Information16.3%
US avg: 10.8%
Finance & insurance15%
US avg: 5.9%
Professional, scientific, technical14.8%
US avg: 5.1%
Retail trade9.7%
US avg: 9.9%
Wholesale trade5.1%
US avg: 6.9%
Other services3.5%
US avg: 6.7%
Public administration3%
US avg: 4.8%
Transportation & warehousing1.8%
US avg: 2.2%
Arts, entertainment, food1.2%
US avg: 1.9%
Agriculture, forestry, fishing0.3%
US avg: 1.6%
Construction0.3%
US avg: 1.2%
Education & health services0.2%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$152,990
US average: $376,019
Median gross rent
$1,194
US average: $1,442
Owner-occupied
39.6%
60.4% rent
Vacancy rate
10.1%
US average: 10.0%
Owner cost-burdened
32.9%
US average: 22.9%
Renter cost-burdened
52.3%
US average: 47.4%
Afford Score
3.1
RELATED:See current rent listings in Raleigh on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic11%(5,093)
Black76.6%(35,529)
Hispanic / Latino7.7%(3,579)
Asian1.4%(667)
Other3.2%(1,494)
Diversity Score49.2%(22,802)
2024
White, non-Hispanic11%(5,093)
Black76.6%(35,529)
Hispanic / Latino7.7%(3,579)
Asian1.4%(667)
Other3.2%(1,494)
Diversity Score49.2%(22,802)
Diversity Score
49
Section 05

Education

Bachelor's degree or higher
14.7%
US average: 35.6%
High school or higher
87.8%
US average: 89.6%
Graduate degree
4.9%
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.4 min
US average: 26.5
Drive alone to work
76.6%
US average: 68.9%
Carpooled to work
13.1%
US average: 8.5%
Public transit
0.1%
US average: 3.2%
Worked from home
8.3%
US average: 15.0%
Walked to work
0.4%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
9.4%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.5%
US average: 5.2%
Labor force participation
66.2%
US average: 63.5%
Self-employed
12.3%
US average: 13.1%
Management & professional
20.3%
US average: 42.5%
Section 08

People & community

Male
47.6%
Female
52.4%
Foreign born
6.0%
US average: 14.1%
Veterans
5.7%
US average: 6.2%
With a disability
16.6%
US average: 13.3%
Uninsured
12.3%
US average: 8.4%
Broadband at home
87.8%
US average: 91.0%
English only at home
89.7%
US average: 77.7%
Spanish at home
7.3%
US average: 13.6%
Explore

Neighborhoods in Memphis

Berclair-Highland HeightsCordova-ApplingDowntownEast Memphis-Colonial-YorkshireHickory Ridge-South RiverdaleMidtownParkway Village-OakhavenRiver Oaks-Kirby-BalmoralShelby Forest-FrayserWhite Haven-Coro LakeNeighborhoods in Memphis
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Places similar to Raleigh

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Frequently asked

How many people live in Raleigh, Memphis, Tennessee?

Raleigh, Memphis, Tennessee has about 46,362 residents according to the 2024 American Community Survey.

What is the median household income in Raleigh, Memphis, Tennessee?

The typical household in Raleigh, Memphis, Tennessee earns about $49,544 a year. Half of households make more than that, and half make less.

Is Raleigh, Memphis, Tennessee expensive?

In Raleigh, Memphis, Tennessee, the median home is worth about $152,990, and the typical rent is about $1,194 a month.

How educated are people in Raleigh, Memphis, Tennessee?

About 14.7% of adults age 25 and over in Raleigh, Memphis, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Raleigh, Memphis, Tennessee?

About 17.2% of people in Raleigh, Memphis, Tennessee live below the federal poverty line.

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Containing area
Memphis

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

How we source and harmonize this data →