The 10 Richest Neighborhoods In Raleigh, NC For 2024

The richest Raleigh neighborhoods are Glenwood and Five Points for 2024 based on Saturday Night Science.

Richest Neighborhoods In Raleigh
Source: Wikipedia User Atlpedia | CC BY-SA 3.0

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Raleigh has to offer. Where houses go for over 3.36x the national median and household incomes are 3.01x the national median.

But where exactly in Raleigh do the richest of the rich people live? That would be Glenwood where the median income is a cool $165,486.

Here’s a look at the top 10 wealthiest neighborhoods in Raleigh out of 18 for 2024.

What’s the richest neighborhood to live in Raleigh for 2024? According to the most recent census data, Glenwood looks to be the richest Raleigh neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $1,024,384. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.

Find where your neighborhood ranks amongst the richest in Raleigh.

For more Raleigh reading, check out the best neighborhoods in Raleigh and the worst neighborhoods in Raleigh.

Or, for living around Raleigh, out the best Raleigh suburbs and the worst Raleigh suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Raleigh For 2024 By Median Income

Rank Neighborhood Median Household Income
1 Glenwood $165,486
2 Five Points $148,413
3 Wade $125,326
4 North Central $105,066
5 Mordecai $96,375
6 Six Forks $87,769
7 North $80,005
8 Northwest $78,719
9 Central $69,122
10 Falls Of Neuse $68,103
11 Hillsborough $66,214
12 East Raleigh $62,387
13 Northeast $56,500
14 West $49,446
15 Southeast $43,932
16 South $42,477
17 Southwest $38,691
18 South Central $34,998

How We Determined The Wealthiest Neighborhoods In Raleigh For 2024

Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Raleigh.

We ranked every neighborhood in Raleigh by median income from highest to lowest. The neighborhood with the highest median income, Glenwood, was named the wealthiest neighborhood in Raleigh.

The richest neighborhoods in Raleigh are Glenwood, Five Points, Wade, North Central, Mordecai, Six Forks, North, Northwest, Central, and Falls Of Neuse.

The poorest neighborhood? That would be South Central.

The poorest neighborhoods in Raleigh are South Central, Southwest, South, Southeast, and West.

We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Raleigh.

For more North Carolina reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.