Living in Raeford, North Carolina
Cost of living, income, home prices, rent and demographics of Raeford · Census data 2020–2024
Raeford has 4,552 residents with a median age of 37. The median household income is $46,494 (36% lower than the North Carolina median), the median home value is $201,800, the median rent is $833/month.
Raeford at a glance
- Population
- 4,552
- Median age
- 37State: 39.1
- Median household income
- $46,494State: $72,388
- Median home value
- $201,800State: $288,900
- Median rent
- $833/moState: $1,228
- Homeowners
- 57.1%
- Bachelor's degree or higher
- 23.6%
- Average commute
- 20 min
Is Raeford a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 20 minutes; unemployment of 3.8%.
Cons: Median household income 36% lower than the North Carolina median; a poverty rate of 20.7%.
The weather is best in April–May and September–October.
Cost of living in Raeford
Housing is the biggest part of the cost of living. In Raeford the median home value is $201,800, 39% lower than the U.S. median. Renters pay a median of $833 per month, which is 31.5% of household income. Homeowners with a mortgage pay $1,281 a month in housing costs.
Raeford median household income
The median household income in Raeford is $46,494 and the income per person is $25,705. 20.7% of residents live below the poverty line (North Carolina: 13%).
Housing in Raeford: homes for sale and rent
- Housing units
- 1,851
- Owner-occupied
- 57.1%
- Renter-occupied
- 42.9%
- Vacant
- 14%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.65
Raeford demographics
- Population
- 4,552
- Median age
- 37
- Under 18
- 24.7%
- 65 and older
- 21.3%
- Households
- 1,592
- Foreign-born
- 4.1%
- Veterans
- 15.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Raeford ›
Education in Raeford
23.6% of adults 25 and older in Raeford have a bachelor's degree or higher (North Carolina: 35.7%), and 7.2% have a graduate or professional degree.
Jobs and commute in Raeford
- Unemployment rate
- 3.8%State: 4.7%
- Average commute
- 20 minState: 25 min
- Work from home
- 7.7%
- Drive alone
- 77.8%
- Public transit
- 0%
- Walk to work
- 6.1%
- Homes with broadband
- 86.3%
Raeford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raeford | 4,552 | $46,494 | $201,800 | $833 |
| Silver City | 592 | $20,893 | $97,300 | $1,168 |
| Rockfish | 3,574 | $64,476 | $199,900 | $1,274 |
| Wagram | 754 | $52,159 | $111,700 | $823 |
| Ashley Heights | 282 | $60,375 | $94,500 | — |
| Deercroft | 718 | $91,036 | $379,400 | — |
| Red Springs | 3,125 | $20,833 | $100,800 | $582 |
| Parkton | 529 | $56,250 | $151,900 | $1,700 |
| Rennert | 292 | $26,875 | $45,800 | $653 |
More for people moving to Raeford
Raeford ZIP code ›Weather and climate ›Living in Raeford: FAQ
What is the median household income in Raeford, NC?
The median household income in Raeford is $46,494, 36% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Raeford?
The median home value in Raeford is $201,800, compared with $288,900 in North Carolina.
How much is rent in Raeford?
The median gross rent in Raeford is $833 per month, about 31.5% of household income.
Is Raeford, NC a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 20 minutes; unemployment of 3.8%. Minuses: median household income 36% lower than the North Carolina median; a poverty rate of 20.7%.
What is the median age in Raeford?
The median age in Raeford is 37 years (North Carolina: 39.1).
How long is the commute in Raeford?
The average commute to work in Raeford is 20 minutes; 7.7% of workers work from home.
What is the unemployment rate in Raeford?
The unemployment rate in Raeford is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Raeford?
23.6% of adults in Raeford 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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