Living in Raleigh, Mississippi
Cost of living, income, home prices, rent and demographics of Raleigh · Census data 2020–2024
Raleigh has 1,118 residents with a median age of 44.5. The median household income is $61,667 (9% higher than the Mississippi median), the median home value is $110,900, the median rent is $496/month.
Raleigh is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Raleigh at a glance
- Population
- 1,118
- Median age
- 44.5State: 38.6
- Median household income
- $61,667State: $56,447
- Median home value
- $110,900State: $169,800
- Median rent
- $496/moState: $954
- Homeowners
- 82.3%
- Bachelor's degree or higher
- 11.2%
- Average commute
- 23 min
Is Raleigh a good place to live?
Pros: Median household income 9% higher than the Mississippi median; home values 35% lower than the state median; an average commute of 23 minutes; a poverty rate of 13.7%.
Cons: Unemployment of 16.6%.
The weather is best in April–May and September–October.
Cost of living in Raleigh
Housing is the biggest part of the cost of living. In Raleigh the median home value is $110,900, 67% lower than the U.S. median. Renters pay a median of $496 per month, which is 32.3% of household income. Homeowners with a mortgage pay $769 a month in housing costs.
Raleigh median household income
The median household income in Raleigh is $61,667 and the income per person is $20,966. 13.7% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Raleigh: homes for sale and rent
- Housing units
- 458
- Owner-occupied
- 82.3%
- Renter-occupied
- 17.7%
- Vacant
- 18.8%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.65
Raleigh demographics
- Population
- 1,118
- Median age
- 44.5
- Under 18
- 15.6%
- 65 and older
- 25.4%
- Households
- 372
- Foreign-born
- 0.4%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Raleigh ›
Education in Raleigh
11.2% of adults 25 and older in Raleigh have a bachelor's degree or higher (Mississippi: 25.1%), and 5.7% have a graduate or professional degree.
Jobs and commute in Raleigh
- Unemployment rate
- 16.6%State: 5.8%
- Average commute
- 23 minState: 26 min
- Work from home
- 0.8%
- Drive alone
- 90.7%
- Public transit
- 0%
- Walk to work
- 3.2%
- Homes with broadband
- 62.9%
Raleigh vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raleigh | 1,118 | $61,667 | $110,900 | $496 |
| Mize | 248 | $67,500 | $148,100 | — |
| Polkville | 713 | $67,031 | $97,500 | $800 |
| Bay Springs | 1,855 | $50,306 | $152,700 | $300 |
| Taylorsville | 1,650 | $37,885 | $143,500 | $655 |
| Louin | 393 | $58,846 | $173,600 | — |
| Puckett | 463 | $69,286 | $173,800 | $1,215 |
| Magee | 3,943 | $44,488 | $143,100 | $771 |
| Mendenhall | 2,103 | $40,141 | $125,900 | $816 |
More for people moving to Raleigh
Raleigh ZIP code ›Weather and climate ›Living in Raleigh: FAQ
What is the median household income in Raleigh, MS?
The median household income in Raleigh is $61,667, 9% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Raleigh?
The median home value in Raleigh is $110,900, compared with $169,800 in Mississippi.
How much is rent in Raleigh?
The median gross rent in Raleigh is $496 per month, about 32.3% of household income.
Is Raleigh, MS a good place to live?
Pluses: median household income 9% higher than the Mississippi median; home values 35% lower than the state median; an average commute of 23 minutes; a poverty rate of 13.7%. Minuses: unemployment of 16.6%.
What is the median age in Raleigh?
The median age in Raleigh is 44.5 years (Mississippi: 38.6).
How long is the commute in Raleigh?
The average commute to work in Raleigh is 23 minutes; 0.8% of workers work from home.
What is the unemployment rate in Raleigh?
The unemployment rate in Raleigh is 16.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Raleigh?
11.2% of adults in Raleigh have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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