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Apartments For Rent in Raleigh, NC

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Apartments for Rent in Raleigh, NC

Raleigh, North Carolina is a large city with a population of just over 446,000. Young professionals can expect to fit right in, as they make up an above-average percentage of the community, while retirees feature less prominently in the demographics. With an average age of just over 35, the city's residents are notably younger than most cities in North Carolina. A narrow majority of residents own their homes (53%) as opposed to renting (48%) in Raleigh. The average rent for Raleigh is $148/month more than the state average.

Compared to the national average (7%), Raleigh has a high percentage of residents older than 25 who have advanced degrees, as 10% possess a Master's degree or a Doctoral degree. In addition, 21% have a Bachelor's degree, which also outpaces the national average. Workers are spread across a wide range of industries in Raleigh, the most common five of which are retail, scientific, healthcare, entertainment, and education. Combined, these industries account for 31% of the workforce in the city. Meanwhile, looking at job function, 9% of residents work in management, which ranks as the top career path in the city. With an average annual income of just under $79,000, Raleigh workers earn around $11,000 more than the average North Carolina resident. The city's average income also compares favorably to the national average of $73,345.

Raleigh residents have an average commute of about 25 minutes. Driving a car or truck is the prevailing mode of getting to work, selected by 46% of residents, while public transportation isn't used widely. Walking isn't a common way to get to work.