Raleigh, NC is a great place to live and visit. The average 2 bedroom rent in Raleigh is slightly higher than the national average at $1,450, while grocery costs index at 101 for Raleight versus 100 for the US. Raleigh is home to many different companies including Red Hat, IBM, BB&T, and WakeMed Health & Hospitals who all contribute to its economy. The city has a vibrant culture with many activities and attractions that make it truly unique!
Raleigh has an unemployment rate of 4.3%. The US average is 6.0%.
Raleigh has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Raleigh
- The Sales Tax Rate for Raleigh is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Raleigh
- The average income of a Raleigh resident is $31,169 a year. The US average is $28,555 a year.
- The Median household income of a Raleigh resident is $72,996 a year. The US average is $69,021 a year.