Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EPA eGRID, Census ACS, DOE LEAD, NOAA · How we got these numbers · Report an error

Electricity rates in Raleigh, North Carolina

Raleigh, NC ranks 4 of 35 North Carolina cities with 30,000+ residents for damaging-wind and tornado reports within 15 miles (282 since 2015). Raleigh, North Carolina has 470,763 residents in 196,924 households; 58.7% heat with electricity.

Raleigh on the map

Wake County with Raleigh markedWakeRaleigh

Wake County, with Raleigh marked

Outage risk around Raleigh

Raleigh, NC, NWS reports within 15 miles of the centre, 2015 to 2025: 278 wind and 4 tornado, 59.9 per 100,000 residents of 470,763. Top gust near Raleigh, NC: 66 knots, 76 mph. Damage near Raleigh, NC: $2.7M.

Reports within 15 miles of Raleigh, NC

wind and tornado reports, Raleigh, NC

  1. 11'15
  2. 19'16
  3. 11'17
  4. 21'18
  5. 39'19
  6. 34'20
  7. 12'21
  8. 57'22
  9. 18'23
  10. 28'24
  11. 32'25
Storm reports near Raleigh, NC
Raleigh, NCWindTornadoTotal
Raleigh, NC, 201511011
Raleigh, NC, 201619019
Raleigh, NC, 201711011
Raleigh, NC, 201820121
Raleigh, NC, 201938139
Raleigh, NC, 202034034
Raleigh, NC, 202112012
Raleigh, NC, 202256157
Raleigh, NC, 202317118
Raleigh, NC, 202428028
Raleigh, NC, 202532032

Who supplies Raleigh

Wake County lists 4 utilities for Raleigh, NC (470,763 residents): homes pay 10.52 to 15.54 cents per kWh, about $107 to $158 a month at 1,015 kWh, 1.6% to 2.3% of the $82,424 Raleigh median income. Wake County page.

Facts about Raleigh

Residents of Raleigh, NC, ACS 2023
470,7632 of 35 North Carolina cities with 30,000+
Median household income in Raleigh, NC
$82,42413 of 35 of those cities
Households in Raleigh, NC
196,9242.39 people each
Owner-occupied homes in Raleigh, NC
51.2%100,895 owners and 96,029 renter households
Housing units in Raleigh, NC
218,20021,276 vacant or seasonal
Homes heated by electricity in Raleigh, NC
58.7%115,536 of 196,924 homes
Land area of Raleigh, NC
149.4 sq mi3,150.0 people per sq mi
Bill as share of income in Raleigh, NC
1.6% to 2.3%at 1,015 kWh a month over the $82,424 median household income
Wind and tornado reports within 15 miles of Raleigh, NC
282NWS point reports 2015 to 2025, 59.9 per 100,000 residents
Median year homes were built in Raleigh, NC
199652,845 of 218,200 homes (24.2%) before 1980
Median home value and rent in Raleigh, NC
$377,800$1,468 gross rent a month, 4.66% of value a year

Housing and heating in Raleigh

Raleigh, NC: 52,845 of 218,200 homes were built before 1980 and 93,098 in 2000 or later. Raleigh, NC has 95,586 detached houses, 75,962 homes in 5+ unit buildings and 2,821 mobile homes.

Age of homes in Raleigh, NC

% of homes by decade built, Raleigh, NC

  1. 3pre-40
  2. 140s
  3. 450s
  4. 760s
  5. 1070s
  6. 1680s
  7. 1790s
  8. 2400s
  9. 1810s
  10. 220+

Heating fuel in Raleigh, NC

% of homes by main fuel, Raleigh

  • Electricity58.7
  • Utility gas39.1
  • Propane1.4
Raleigh, NC housing against its county and state cities
Raleigh, NCValueCountyGapRank
Raleigh, NC, median year built19961999-3 years13 of 35
Raleigh, NC, built before 198024.2%18.8%+5.4 points25 of 35
Raleigh, NC, built 2000 or later42.7%47.8%-5.1 points13 of 35
Raleigh, NC, detached houses43.8%58.5%-14.7 points32 of 35
Raleigh, NC, apartments in 5+ unit buildings34.8%23.9%+10.9 points4 of 35
Raleigh, NC, mobile homes1.3%2.7%-1.4 points23 of 35
Raleigh, NC, renter households48.8%35.6%+13.2 points13 of 35
Raleigh, NC, median home value$377,800$422,800-$45,00011 of 35
Raleigh, NC, median gross rent a month$1,468$1,508-$4012 of 35
Raleigh, NC, people per household2.302.54-0.2429 of 35

Cost of living with electricity in Raleigh

Raleigh, NC: 196,924 households at $1,305 a year per home for electricity (Wake County average, DOE LEAD) come to about $257.0 million, an estimate; all home energy is $1,810 a year per household.

Home energy cost, Raleigh, NC
Group in Raleigh, NCHouseholdsPower per homePower bill of the groupShare of Raleigh, NC median income
Raleigh, NC, all households196,924$1,305$257.0 million1.58%
Raleigh, NC, homeowners100,895$1,461$147.4 million1.77%
Raleigh, NC, renters96,029$1,024$98.3 million1.24%

Who lives in Raleigh: income, cars, homes

Raleigh, NC homes: 117,436 have 3+ bedrooms, 38,343 none or one, median 5.1 rooms. Of 255,448 workers in Raleigh, NC, 59,721 work from home, 166,250 drive alone, 3,313 ride transit and 4,206 walk. In Raleigh, NC, 47,647 of 93,304 renter households pay 30% or more of income in rent; 87,982 households moved in since 2018 and 21,613 before 2000, so electric accounts turn over quickly. In Raleigh, NC, 36,731 of 196,924 households earn under $35,000, 53,361 $35,000-$75,000, 59,460 $75,000-$150,000 and 47,372 $150,000 or more. 51,737 residents of Raleigh, NC live below the poverty line, and the median age is 34.7. In Raleigh, NC, 11,119 households own no vehicle and 106,550 own two or more; home EV charging depends on that.

Household income in Raleigh, NC

% of households by income, Raleigh, NC

  • Under $35,00018.7
  • $35,000 to $75,00027.1
  • $75,000 to $150,00030.2
  • $150,000 or more24.1
Raleigh, NC households against North Carolina cities with 30,000+ residents
Raleigh, NCValueRank in North Carolina
Raleigh, NC, households under $35,00018.7%23 of 35
Raleigh, NC, households $150,000 or more24.1%11 of 35
Raleigh, NC, residents below poverty11.4%23 of 35
Raleigh, NC, median age34.728 of 35
Raleigh, NC, homes with 3+ bedrooms53.8%29 of 35
Raleigh, NC, households without a vehicle5.6%22 of 35
Raleigh, NC, households with 2+ vehicles54.1%22 of 35
Raleigh, NC, workers at home23.4%11 of 35
Raleigh, NC, cost-burdened renters51.1%12 of 35
Raleigh, NC, moved in since 201844.7%13 of 35
Raleigh, NC, moved in before 200011.0%22 of 35

Analyst note on Raleigh

Raleigh, NC counts 470,763 residents in 196,924 households, on 149.4 square miles. Household income in Raleigh, NC is $82,424; 100,895 of its 196,924 households own. 115,536 of the 196,924 occupied homes in Raleigh, NC heat with electricity.

Raleigh, NC has 218,200 housing units, 21,276 of them vacant or seasonal. Raleigh, NC ranks 4 of 35 North Carolina cities for homes in buildings of 5+ units (35%). Raleigh, NC ranks 8 of 35 North Carolina cities for the youngest residents (median age 34.7).

Raleigh, NC ranks 11 of 35 North Carolina cities for the highest median home value ($377,800).

Bill and heat pump calculator, Raleigh

Compare Raleigh with nearby cities

Nearest North Carolina cities with 30,000+ residents to Raleigh, NC
City near Raleigh, NCDistance from RaleighResidentsMedian incomeMedian year builtMedian home valueStorm reports within 15 milesWork from home
Raleigh, NC (this page)0 mi470,763$82,4241996$377,80028223.4%
Garner, NC9.7 mi south32,543 (-438,220)$77,496 (-$4,928)2000 (+4 yr)$320,300 (-$57,500)320 (+38)19.6% (-3.8 pts)
Cary, NC10.8 mi west176,686 (-294,077)$129,399 (+$46,975)1999 (+3 yr)$525,200 (+$147,400)291 (+9)32.4% (+9.1 pts)
Morrisville, NC11.1 mi west30,471 (-440,292)$125,404 (+$42,980)2006 (+10 yr)$481,800 (+$104,000)333 (+51)34.0% (+10.6 pts)
Wake Forest, NC11.6 mi northeast51,199 (-419,564)$120,777 (+$38,353)2007 (+11 yr)$435,000 (+$57,200)245 (-37)25.1% (+1.7 pts)
Apex, NC15.2 mi southwest67,765 (-402,998)$138,442 (+$56,018)2007 (+11 yr)$514,800 (+$137,000)234 (-48)32.5% (+9.1 pts)

ZIP codes in Raleigh

ZIP area touching Raleigh, NCShare of the ZIP's land inside RaleighShare of Raleigh's land in the ZIP
27610 (Raleigh, NC)48.9%15.0%
27612 (Raleigh, NC)90.7%10.2%
27607 (Raleigh, NC)81.0%9.6%
27616 (Raleigh, NC)59.6%9.1%
27615 (Raleigh, NC)63.8%8.2%
27604 (Raleigh, NC)62.4%8.1%
27609 (Raleigh, NC)98.9%7.4%
27606 (Raleigh, NC)39.6%6.6%
27617 (Raleigh, NC)92.5%5.2%
27603 (Raleigh, NC)13.9%4.9%
27614 (Raleigh, NC)25.0%4.7%
27613 (Raleigh, NC)26.8%4.6%
27608 (Raleigh, NC)100.0%2.3%
27601 (Raleigh, NC)100.0%1.2%
27605 (Raleigh, NC)100.0%0.7%
27695 (Raleigh, NC)100.0%0.2%
27697 (Raleigh, NC)100.0%0.0%

Census 2020 ZCTA to place land-area overlap. Look up any ZIP.

North Carolina: home prices since 2001, planned plants.

Questions on Raleigh

Raleigh: what is the electricity rate?

Raleigh, NC has no price of its own; its 470,763 residents are served by one of 4 utilities, and a 1,015 kWh month costs $107 to $158.

Raleigh: how does it rank among North Carolina cities?

Raleigh, NC: rank 2 of 35 by its 470,763 residents, rank 13 of 35 by $82,424 median income.

Raleigh: how many homes heat with electricity?

Raleigh, NC: 115,536 of 196,924 occupied homes, 58.7%; Wake County 54.9%.

Raleigh: how much income goes to electricity?

At 1,015 kWh a month, 1.6% to 2.3% of the $82,424 median income in Raleigh, NC.

Raleigh: damaging storms reported nearby?

282 NWS wind and tornado reports within 15 miles of the centre of Raleigh, NC, 2015 to 2025, 59.9 per 100,000 residents.

How old are the homes in Raleigh?

Raleigh, NC: median home built 1996; 52,845 of 218,200 homes (24.2%) predate 1980, 95,586 are detached and 75,962 sit in buildings of 5+ units.

How big are the homes in Raleigh, NC?

117,436 of 218,200 homes have 3+ bedrooms; median 5.1 rooms.

How many people in Raleigh, NC work from home?

59,721 of 255,448 workers.

How many Raleigh, NC renters struggle with rent?

47,647 of 93,304 renter households pay 30% or more of income in rent.

Primary sources for Raleigh, NC

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Raleigh, NC ranks 4 of 35 North Carolina cities with 30,000+ residents for damaging-wind and tornado reports within 15 miles (282 since 2015).