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Economy & Jobs

Households in Raleigh earn a median $85,395 (1.2× below Wake County median $105,768; 1.2× higher than North Carolina median $72,388), with homes at a median value of $415,800. The surrounding county supports 236,749 jobs (avg $98,601).

Income & Affordability

Median household income $85,395 — above the North Carolina median ($79,112). Poverty rate 11.9% (U.S. average ~12.5%). 41% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

County Irs Income · IRS tax returns filed$157,120
County Irs Income · Total Adjusted Gross Income (thousands)$14,056,099
County Irs Income · Average AGI per return$89,461 (vs North Carolina $84,123)
Median Household Income$85,395 (vs North Carolina $79,112)
Poverty Rate11.9%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.1% — below the U.S. average of ~4%. 26% work from home (U.S. average ~15%).

County Employment · Avg annual employment (county)236,749
County Employment · Total annual wages (county)$23,343,599,527
County Employment · Average annual pay$98,601
All Occupations · Employment4,795,040
Unemployment Rate3.1% (at North Carolina median)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

Bank of America, National Association
ALEXANDER PLACE BRANCH · 7950 Brier Creek Pkwy · 27617
Truist Bank
MLK PINE HILLS BRANCH · 1620 Martin Luther King Jr Blvd · 27610
First Horizon Bank
ONE GLENWOOD AVE BRANCH · 1 Glenwood Ave · 27603
First Carolina Bank
RALEIGH BRANCH · 2626 Glenwood Ave Ste 190 · 27608
First-Citizens Bank & Trust Company
WWW.FIRSTCITIZENS.COM BRANCH · 4300 Six Forks Rd · 27609
Pinnacle Bank
RALEIGH GLENWOOD AVE BRANCH · 3515 Glenwood Ave · 27612
PNC Bank, National Association
WAKEFIELD BRANCH · 14400 Falls Of Neuse Rd · 27614
First Horizon Bank
CAMERON VILLAGE BRANCH · 2127 Clark Ave · 27605
Wells Fargo Bank, National Association
LEESVILLE BRANCH · 13160 Strickland Rd · 27613
FSNB, National Association
FSNB - RALEIGH NEW BERN WALMART BRANCH · 4431 New Bern Ave · 27610
Truist Bank
BRIER CREEK BRANCH · 8501 Brier Creek Pkwy · 27617
Bank of America, National Association
CAPITAL BOULEVARD BRANCH · 5005 Capital Blvd · 27616
Bank of America, National Association
CRABTREE VALLEY BRANCH · 4317 Glenwood Ave · 27612
Wells Fargo Bank, National Association
STONEHENGE CREEDMOOR BRANCH · 7600 Creedmoor Rd · 27613
First-Citizens Bank & Trust Company
STONEHENGE BRANCH · 7208 Creedmoor Rd · 27613
The Fidelity Bank
SWIFT CREEK BRANCH · 2819 Jones Franklin Rd · 27606
The Fidelity Bank
NORTH RALEIGH BRANCH · 5700 Creedmoor Rd · 27612
Wells Fargo Bank, National Association
WESTERN BOULEVARD BRANCH · 4530 Western Blvd · 27606
Wells Fargo Bank, National Association
BEACON PLAZA BRANCH · 3959 New Bern Ave · 27610
Bank of America, National Association
WAKEFIELD BRANCH · 14500 Falls Of Neuse Rd · 27614

Sources: FDIC Institutions/Branches  ·  Refreshed 2026-04-12

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

7-Eleven #41842A 41842A
Convenience Store · 4245 Louisburg Rd
Raleigh City Farm FFAB
Farmers and Markets · 800 N Blount St
FOOD LION 816
Supermarket · 2861 Jones Franklin Rd
FOOD LION 1491
Supermarket · 3151 Capital Blvd
HARRIS TEETER 289
Super Store · 2603 Glenwood Ave

Sources: USDA SNAP Retailer Locator  ·  Refreshed 2026-04-12

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameEGYPTIAN AMERICAN CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12