Salaries are different between men and women. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $1,288. Transportation costs in Raleigh amount to $5,509 a year. . A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary in Raleigh, NC is $74k. A lock ( (2) Data were subject to revision on April 21, 2023. According to the U.S. Census Bureau, the median household income in Raleigh is $72,996 annually. Transportation expenses like bus fares and gas prices are 5% lower than the national average. Wake County, North Carolina. Adding on Internet will cost another $74.35, totaling $317.63 a month. This city had 925 entries in the past 12 months by 132 different contributors. Your use of this service is subject to our, Analysis of our Consumer Price Basket in Raleigh, NC, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1 lb) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment, Mobile Phone Monthly Plan with Calls and 10GB+ Data, Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, A family of four estimated monthly costs are, A single person estimated monthly costs are, The price of Eggs (regular) (12) in the year 2012 in Raleigh was 2.67$. You can read more about Raleighs rent prices by checking out our regularly updated Raleigh Rent Report. earn around $32,000 on average per year. The site is secure. This document outlines the average private-sector wages for all 100 North Carolina counties for 2023, calculated with data from Q3 2021 through Q2 of 2022. Currently, we are using linear interpolation to estimate all medians. The great California migration has turned quiet little hidden "gem of a city" type places into overpopulated "Anywhere, USA" type cities. $239,999 USD, $240,000 USD - Median household income provides the best measure of the budget of the typical family or other non-family household. Here is how you know. Raleigh, NC Household Income, Population & Demographics | Point2 Luckily, there are plenty of apartments available to Raleigh residents. PDF Average Private Sector Wages - NC $139,999 USD, $140,000 USD - To learn more, view our full privacy policy. Average Salary in Raleigh-Durham, North Carolina - Payscale https:// ensures that you are connecting to the official website and that any The availability of good jobs and good schools makes the region a desirable place to raise a family. The Raleigh public park directory can help you choose a park near your chosen neighborhood. The median age in Durham is 34.1 years, 32.9 years for males, and 35 years for females. Yearly Weekly Hourly $28,361 - $34,359 15% of jobs $40,073 is the 25th percentile. The Census Bureau has changed the methodology for computing median income over time. Little do they know outside of TV and social media, there's A LOT of us who are not like that and we don't all come from cities and hectic or privileged lifestyles. Unemployment data updated May 2023. Check out the wealthiest ZIP Codes in the Triangle area, ranked by median household income. People under the age of 18 make up more than a fifth of the area's population. What is the average salary in Raleigh? Raleigh Housing Market: Prices, Trends, Forecast 2023 North Carolina State University researchers have designed and tested a new computer model to allow fire managers to map current fire risk in Everglades National Park and across South Florida daily. $134,999 USD, $135,000 USD - If youre looking for free or low-cost healthcare, there are many free clinics and community centers in Raleigh. Employees with 16-20 Years of experience receive $94,800 USD. According to data from the U.S. Bureau of Labor Statistics 1, in the 45 to 54 age group, the male median annual wage of $72,228 is significantly higher than the female median annual wage of . $99,999 USD, $100,000 USD - The counties are grouped by economic development tier. Measuring America's People, Places, and Economy, Population Estimates, July 1, 2022, (V2022), Population estimates base, April 1, 2020, (V2022), Population, percent change - April 1, 2020 (estimates base) to July 1, 2022, (V2022), American Indian and Alaska Native alone, percent, Native Hawaiian and Other Pacific Islander alone, percent, White alone, not Hispanic or Latino, percent, Owner-occupied housing unit rate, 2017-2021, Median value of owner-occupied housing units, 2017-2021, Median selected monthly owner costs -with a mortgage, 2017-2021, Median selected monthly owner costs -without a mortgage, 2017-2021, Living in same house 1 year ago, percent of persons age 1 year+, 2017-2021, Language other than English spoken at home, percent of persons age 5 years+, 2017-2021, Households with a computer, percent, 2017-2021, Households with a broadband Internet subscription, percent, 2017-2021, High school graduate or higher, percent of persons age 25 years+, 2017-2021, Bachelor's degree or higher, percent of persons age 25 years+, 2017-2021, With a disability, under age 65 years, percent, 2017-2021, Persons without health insurance, under age 65 years, percent, In civilian labor force, total, percent of population age 16 years+, 2017-2021, In civilian labor force, female, percent of population age 16 years+, 2017-2021, Total accommodation and food services sales, 2017 ($1,000), Total health care and social assistance receipts/revenue, 2017 ($1,000), Total transportation and warehousing receipts/revenue, 2017 ($1,000), Mean travel time to work (minutes), workers age 16 years+, 2017-2021, Median household income (in 2021 dollars), 2017-2021, Per capita income in past 12 months (in 2021 dollars), 2017-2021, Total employment, percent change, 2020-2021, Men-owned employer firms, Reference year 2017, Women-owned employer firms, Reference year 2017, Minority-owned employer firms, Reference year 2017, Nonminority-owned employer firms, Reference year 2017, Veteran-owned employer firms, Reference year 2017, Nonveteran-owned employer firms, Reference year 2017. Planning Supervisor Lets take a look at how Raleigh residents spend their money on recreation and entertainment. Some of us do live in the country, are God fearing, hard working, loving, charitable, live in tight-nit rural communities, and aren't at all Hollywood or Techy, rich snobs looking to gentrify their hometowns into the next uber vegan mecca. The most common companies reported by employees working in Raleigh-Durham, NC. Based on education, the highest salaries receive people with Doctorate Degree with salary of $115,100 USD. It is very important producer of furniture and textiles as well. If youre moving from one of the few states without an income tax, this will certainly be an expense to prepare for. Average salary in North Carolina is $81,620 USD per year. https://raleighnc.gov/planning/services/city-profile Previous year . Set in a charming, tranquil neighborhood just steps away from downtown Raleigh, NC, Solis Hills apartment homes are an urban haven thoughtfully designed to be your escape. 301 North Wilmington Street Share sensitive information only on official, If you prefer to bike or walk, Raleigh may not be the best destination for you. PDF Raleigh, NC, Area Economic Summary - U.S. Bureau of Labor Statistics Prices goes up 35-40% in last few years, but salaries no. Find your market worth with a report tailored to you, No results found. Women receive a salary of $71,700 USD. However, the city has not reached exorbitant rent prices yet, like those associated with New York and San Francisco. Sales Tax: The combined state and local sales tax rate is 7.25%. Raleigh-Cary, NC Economy at a Glance - U.S. Bureau of Labor Statistics The current bus system leaves many routes unserviced throughout the week, so it would be exceedingly challenging to rely on this public transportation option to get you everywhere you need to go. How much money does a person working in North Carolina make? Geographically based survey data available from BLS: 102. Summary of cost of living in Raleigh, NC, United States: Copyright 2009-2023 Numbeo. Scroll below to find Raleigh's median income, population size and age, and other at-a-glance demographic information. Strangely though, after living in rural and suburban areas in several states growing up, I still like this area despite all of its challenges. Commercial Real Estate. The average Police Officer salary in Raleigh, NC is $60,900 as of May 25, 2023, but the range typically falls between $56,900 and $66,300. $74,999 USD, $75,000 USD - (4) Number of jobs, in thousands, not seasonally adjusted. Purchase CSV. An official website of the United States government. The school system is insane if you want to make choices instead of staying at your base schools. Im not going to say that I went to Wegmans when I needed a pick-me-up in college, but I wont deny it. information you provide is encrypted and transmitted securely. $169,999 USD, $170,000 USD - That said, there are a ton of other public parks in Raleigh. Durham, North Carolina Population 2023 - World Population Review $349,999 USD. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Raleighs public transportation options are surprisingly lacking for a city of its size. $109,999 USD, $110,000 USD - According to Redfin, the Raleigh housing market is somewhat competitive, with homes selling on average in 39 days. Every employed person on the world should know this website. Best Car Insurance Companies According to Experts in July 2023 - USA TODAY How is that healthcare cost is not in the list? Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. It's not like us Californian's are widely known for our charm, kindness, hospitality, and generosity. Different vintage years of estimates are not comparable. Why do people leave their jobs? For Raleigh residents, a single adult can expect to pay $2,709 annually on healthcare costs. Raleigh, NC Housing Market | Bankrate International Business Machines (IBM) Corp. New research shows how to set pay for remote employees. For an indication of the comparability of medians calculated using Pareto interpolation with medians calculated using linear interpolation, see Series P-60, Number 114, Money Income in 1976 of Families and Persons in the United States (www2.census.gov/prod2/popscan/p60-114.pdf). make sure you're on a federal government site. - Charlotte unemployment rate is 4.9%. However, its essential to consider the costs of moving to Raleigh before making a final decision. We calculated estimates of median income and associated standard errors for 1976, 1977, and 1978 using Pareto interpolation if the estimate was larger than $12,000 for people or $18,000 for families and households. The ACS 1-year survey shows the per capita income for Durham was $42,492 in 2021. Just in case you need a simple salary calculator, that works out to be approximately $34.05 an hour. North Carolina | Average Salary Survey 2023 Although the median age in Raleigh and Durham is roughly 35 years old, the area has a youthful vibe that's amplified by the presence of several universities. Why do people leave their jobs? I've lived in various parts of the metro area for 20 years now. You can also check out our current Data Book, which talks about trends, housing units, and resources. International Business Machines (IBM) Corp. New research shows how to set pay for remote employees. $64,999 USD, $65,000 USD - This is equal to the Federal Minimum Wage of $7.25. We're a plague to places that don't live a fast paced lifestyle, a threat to their peace and serenity of the calm and mellowed down way of life. $199,999 USD, $200,000 USD - That said, unless you have a massive food budget, youll probably be cooking some meals at home. New Tool Maps South Florida Fire Risk Pixel by Pixel Overall, the manufacturing and service sectors are two of the main areas for the North Carolina economy. The average salary in Raleigh-Durham, NC is $87k. Food costs $3,351 a year on average for a single resident of Raleigh. One Federal Reserve Bank Plaza, All data are based on 610 salary surveys. As with the median household income data, 2022 family income data for Raleigh will be released in September of 2023. Average Single-Family Rent in February 2023 $2,619 Compared to a year ago, Raleigh, North Carolina apartments have recorded a 5.7% rent increase. The median rental costs in recent years comes to - per month, and the median house value is -. Compared to the median North Carolina family income, Raleigh median family income is $26,728 higher. Footnotes The average Dental Assistant salary in Raleigh, NC is $44,383 as of May 25, 2023, but the range typically falls between $39,681 and $48,617. Police Officer Salary in Raleigh, North Carolina | Salary.com The average rent for apartments in Raleigh, NC, is between $ 1,452 and $ 1,856 in 2023. Information technology, banking, and biotech are most important service sectors. Average Salary in North Carolina 2023 - The Complete Guide This is because the width of the income interval containing the estimate is greater than $1,000. $54,999 USD, $55,000 USD - Knowing where to shop can save you money. Biz: Why affordable housing is a challenge for Raleigh Davina G. Ward is an esteemed journalist and expert on the apartment rental market. Workers in the Raleigh, NC Metropolitan Statistical Area had an average (mean) hourly wage of $30.05 in May 2022, compared to the nationwide average of $29.76, the U.S. Bureau of Labor Statistics reported today. Transportation costs in Raleigh amount to $5,509 a year. One of the most popular parks in Raleigh is Pullen Park. Terms of Use and Men receive an average salary of $91,300 USD. on how to increase your pay. Interested in moving to Raleigh? Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. This 66.4-acre park offers various entertainment opportunities, including pedal boats, picnic areas, a carousel, fountains, and outdoor classes. Release: Cost of Living in Raleigh, NC 2023 - Apartment List In Vintage 2022, as a result of the formal request from the state, Connecticut transitioned from eight counties to nine planning regions. That's a 2.4 . Wealthiest ZIP Codes in the Triangle - Triangle Business Journal Raleigh housing trends and stats. 919-996-6368, City Seeks Artists to Design Award Certificate, Planning Commission Strategic Planning Committee. U.S. Census Bureau QuickFacts: Raleigh city, North Carolina Please review the copyright information in the series notes before sharing. Per Redfin, the median sale price in Raleigh in May 2023 was $415,000 about $19,000 higher than the nationwide median price of $396,100. For a studio apartment in Raleigh, NC, the average rent is $ 1,452. Never come here without any job or with babies, all services so costly and people mostly don't like newcomers! Federal government websites often end in .gov or .mil. Property Tax: Raleigh has recently raised property taxes to 37.3 cents per $100 valuation. ) or https:// means youve safely connected to Full demographic report of Raleigh, NC population including education levels, household income, job market, ethnic makeup, and languages. Raleigh Family Income The ACS 1-year data shows the median family income for Raleigh was $104,329 in 2021. $49,999 USD, $50,000 USD - more history . If you decide to eat out, expect to pay $20 for an inexpensive meal and $75 (+$12 standard gratuity) for a mid-tier three-course meal, according to data from Numbeo.