Raleigh, North Carolina is a highly populated city with a population of 441,326 people. In Raleigh, there are 3,042 people per square mile, which is well above the national population density average. Raleigh tends to attract a younger crowd, as the median age of 33 is far below the national average.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Raleigh, North Carolina could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Raleigh and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, education and other important metrics.
The livability score in Raleigh is 84 out of 100 and the city is ranked in the 98th percentile of all cities across America. Clearly, Raleigh is doing something right, as this score ranks well above the average of most cities. Raleigh also ranks in the top 10 percent of all cities, which is no small feat! There are seven total categories that form the livability score. Raleigh ranks well for cost of living (B+), education (B), employment (B) and housing (A+). Raleigh does not do well for the following: crime (D). It might be wise to take a closer look at each category to find out why.
Location, location, location - those 3 words empasize the significance of the location of any property and are possibly the three most important words in your search for a new place to live. Fortunately, in Raleigh, there are an abundance of amazing local amenities and other interesting things to do. These include grocery stores, coffee shops, places to eat and parks. Some of the interesting things to do and attractions include: North Carolina Museum of Art, Museum of Natural Sciences, and Pullen Park.
The Raleigh unemployment rate (1.33%) has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Raleigh has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Raleigh real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Raleigh. Median real estate prices in Raleigh come in at $218,200, which is 38.9% higher than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Raleigh, the home price to income ratio is 3.7, which is 12.1% higher than the North Carolina average.
|Average one way commute||24min||24min||26min|
|Workers who drive to work||75.3%||81.1%||76.4%|
|Workers who carpool||7.4%||9.8%||9.3%|
|Workers who take public transit||2.0%||1.1%||5.1%|
|Workers who bicycle||0.3%||0.2%||0.6%|
|Workers who walk||1.6%||1.8%||2.8%|
|Working from home||12.1%||4.8%||4.6%|