Average Income in Raleigh, NC
About Raleigh, North Carolina
Raleigh anchors the Research Triangle (with Durham and Chapel Hill) as a high-income technology and life sciences hub across 17 ZIP codes. IBM, Cisco, Apple, and other tech giants maintain significant operations, attracting software engineers and tech professionals earning above-average wages. Biotechnology and pharmaceutical research drive employment in specialized fields. Duke Energy, major healthcare systems, and educational institutions provide additional employment. Research Triangle Park concentrates professional, technical, and managerial roles. Downtown revitalization supports startup culture and creative entrepreneurship. Neighborhoods vary: North Raleigh offers affluent suburban living with excellent schools, while South Raleigh and older neighborhoods have lower-income concentrations. North Carolina's moderate income tax (4.99%) and lack of sales tax on groceries help manage costs. Housing prices have appreciated significantly with tech industry growth, straining lower-income residents and renters despite affordability compared to other high-tech regions.
All 14 ZIP Codes in Raleigh, NC
| ZIP Code | Avg AGI ▼ | Returns | National Rank | % Under $25K | % Over $200K |
|---|---|---|---|---|---|
| 27608 | $350,839 | 5,660 | #258 | 14.3% | 38.9% |
| 27614 | $202,864 | 16,880 | #854 | 21.1% | 24.2% |
| 27605 | $177,940 | 3,400 | #1,173 | 17.7% | 14.4% |
| 27609 | $167,057 | 18,400 | #1,343 | 22.2% | 15.6% |
| 27607 | $159,002 | 9,990 | #1,517 | 20.5% | 18.4% |
| 27613 | $148,144 | 22,900 | #1,787 | 19.3% | 18.9% |
| 27615 | $141,856 | 22,220 | #1,979 | 19.7% | 17.6% |
| 27612 | $129,022 | 20,530 | #2,463 | 18.3% | 16.0% |
| 27601 | $100,606 | 4,270 | #4,585 | 25.3% | 11.5% |
| 27603 | $87,819 | 25,800 | #6,715 | 24.8% | 8.1% |
| 27606 | $86,607 | 21,150 | #6,999 | 27.9% | 8.5% |
| 27604 | $73,201 | 22,140 | #11,428 | 29.0% | 4.7% |
| 27616 | $69,836 | 28,300 | #13,072 | 28.4% | 3.7% |
| 27610 | $51,332 | 33,810 | #23,615 | 34.1% | 2.0% |
Nearby Major Cities
Closest cities with 50,000+ tax returns filed, sorted by distance from Raleigh.
| City | State | Avg AGI | Returns | ZIPs | Distance |
|---|---|---|---|---|---|
| Durham | NC | $89,589 | 116,650 | 6 | 19 mi |
| Fayetteville | NC | $58,635 | 79,980 | 5 | 56 mi |
| Greensboro | NC | $79,757 | 149,170 | 9 | 69 mi |
| Winston Salem | NC | $76,581 | 121,590 | 7 | 93 mi |
| Concord | NC | $82,114 | 62,010 | 2 | 114 mi |
| Wilmington | NC | $103,372 | 56,960 | 3 | 124 mi |
| Cornelius | NC | $152,512 | 58,800 | 3 | 128 mi |
| Charlotte | NC | $107,174 | 465,500 | 24 | 130 mi |
| Richmond | VA | $78,895 | 167,770 | 12 | 135 mi |
| Chesapeake | VA | $69,347 | 68,670 | 4 | 148 mi |