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Raleigh, North Carolina Mortgage and Housing Information
Population: 276,093
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Raleigh
Income
| U.S. | North Carolina | Raleigh | |
|---|---|---|---|
| Median Earnings | $27,239 | $25,197 | $27,111 |
| Median Earnings, Males | $32,396 | $29,826 | $31,130 |
| Median Earnings, Females | $22,097 | $20,945 | $23,369 |
Males earn $7,761 (33.2%) more than Females in Raleigh.
Commuting in Raleigh
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 119,290 |
| Carpooled | 17,417 |
| Public Transit | 3,670 |
| Bicycle | 508 |
| Walking | 4,383 |
| Other Means | 1,391 |
| Total, Commuted | 146,659 |
| Worked from home | 4,996 |
| Total | 151,655 |
Time Spent Commuting in Raleigh
Time spent commuting in Raleigh
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 3,636 |
| 5-9 | 15,410 |
| 10-14 | 23,772 |
| 15-19 | 29,151 |
| 20-24 | 26,608 |
| 25-29 | 9,446 |
| 30-34 | 20,175 |
| 35-39 | 3,291 |
| 40-44 | 3,108 |
| 45-59 | 6,273 |
| 60-89 | 3,471 |
| Over 90 | 2,318 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 16,707 | 15.7% | 20,284 | 19.1% |
| Associate Degree | 6,512 | 6.1% | 9,073 | 8.5% |
| Bachelor's Degree | 31,704 | 29.8% | 32,707 | 30.7% |
| Master's Degree | 11,459 | 10.8% | 13,334 | 12.5% |
| Professional Degree | 3,498 | 3.3% | 1,928 | 1.8% |
| Doctorate Degree | 2,640 | 2.5% | 1,447 | 1.4% |
| Total (at least some college) | 72,520 | 68.2% | 78,773 | 69.8% |
| Total over 25 | 106,377 | 100% | 112,879 | 100% |
Housing in Raleigh
Value of Houses and Condos
| U.S. | North Carolina | Raleigh | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $137,200 | $191,800 |
Monthly Owner Costs
| U.S. | North Carolina | Raleigh | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,144 | $1,415 |
| Without a mortgage | $399 | $317 | $439 |
Tenancy in Raleigh
| Owner-occupied homes | 72,004 |
|---|---|
| Renter-occupied homes | 62,622 |
| Homes for sale | 2,219 |
| Homes for rent | 7,729 |
| Total | 154,507 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Raleigh (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 14,099 | 19.6% |
| First Mortgage Only | 38,075 | 52.9% |
| Second Mortgage and/or Home Equity Loan | 19,830 | 27.5% |
| Total | 72,004 | 100% |
Age of Raleigh Residents
| Males | Females |
|---|---|
| 30 | 32 |
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