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Raleigh tops U.S. in rise of wealthy renters, Redfin data shows

Summary by Axios
Nearly 8% of Raleigh-area renters earned more than $185,000 in 2023 — the biggest jump in wealthy renters nationwide, per Redfin. Rising home prices, flexibility and lifestyle perks are pushing even high earners to rent. Raleigh’s median home price rose 51% since 2019, hitting $423,000 last year.

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wilmingtonbiz.com broke the news in on Thursday, May 29, 2025.
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