Raleigh, FL
Population 699 · Florida
About Raleigh, FL
Raleigh is a small community located in Florida with a population of 699 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,725 per year, which is 10% below the national median of $75,149. The median age of 50.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Raleigh features a median home value of $0, which is 100% below the national median of $244,900. This makes Raleigh one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 308 total housing units, 89% are owner-occupied (257 units) and 11% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Raleigh shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 28.5%, above the national average of 12.4%. Workers in Raleigh have an average one-way commute time of 26.4 minutes.
Education & Demographics
25.1% of Raleigh residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.2% White, 0.0% Hispanic or Latino, 0.9% Black or African American, and 0.7% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Raleigh, FL
Compared to national averages, Raleigh has a median household income of $67,725 (10% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Raleigh's income is 11% below the state average of $75,893, and home values are 100% below the state median of $353,675.
Why Live in Raleigh, FL?
Raleigh offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($67,725) that falls below the national average. However, Raleigh’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Raleigh has a population of 699 with a median age of 50.2 years. Compare Raleigh with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Raleigh
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jay | 706 | $36,964 | $126,800 | Compare |
| Greensboro | 684 | $45,765 | $137,500 | Compare |
| White Springs | 717 | $40,972 | $95,600 | Compare |
| Chaires | 676 | $149,750 | $367,100 | Compare |
| Vernon | 723 | $41,364 | $155,000 | Compare |
| East Williston | 671 | $0 | $0 | Compare |
| Cinco Bayou | 666 | $79,830 | $292,700 | Compare |
| Yankeetown | 666 | $56,875 | $307,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Raleigh With Other Cities
Frequently Asked Questions about Raleigh
What is the population of Raleigh, FL?
The population of Raleigh, FL is 699 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Florida.
What is the median household income in Raleigh?
The median household income in Raleigh, FL is $67,725 per year, which is 10% below the national median of $75,149.
What is the median home value in Raleigh?
The median home value in Raleigh, FL is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Raleigh?
The median monthly rent in Raleigh, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Raleigh?
The unemployment rate in Raleigh, FL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Raleigh, FL a good place to live?
Raleigh offers a moderate cost of living, affordable housing, and a strong job market. With a population of 699 and a median age of 50.2, the city appeals to established professionals and retirees.
How educated is Raleigh, FL?
25.1% of residents in Raleigh aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Raleigh?
Key cost-of-living indicators for Raleigh, FL: median home value is $0 (100% below national), median rent is $0/month, and median household income is $67,725. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Raleigh?
The poverty rate in Raleigh, FL is 28.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Raleigh, FL?
Raleigh's population is 5.2% White, 0.0% Hispanic or Latino, 0.9% Black or African American, 0.7% Asian, and 33.0% two or more races. 0.7% of residents are foreign-born.