Metropolitan statistical area
Raleigh-Cary
NC · 1.48M residents · CBSA 39580
Total wealth · absolute mobility 31st percentile nationally
Higher is better.
Share: County-by-county total wealth on absolute mobility. Color shows each county's position
on the national distribution
(how to read the map).
The five lenses at a glance
Each row shows where Raleigh-Cary sits on the national distribution for one
economic concept across all three mobility measures.
Total income
All income a person receives, including wages and transfers.
α Absolute mobility 20th percentile
this county national median
28.16 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 87th percentile
this county national median
0.39 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 53rd percentile
this county national median
The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Labor income
Income earned from work (wages and salaries).
α Absolute mobility 26th percentile
this county national median
33.97 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 83rd percentile
this county national median
0.38 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 95th percentile
this county national median
14.16 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Homeownership
The probability of owning a home (the extensive margin of housing wealth).
α Absolute mobility 13th percentile
this county national median
52.14 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 80th percentile
this county national median
0.46 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 64th percentile
this county national median
-7.98 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Housing wealth
The value of housing assets a person holds.
α Absolute mobility 27th percentile
this county national median
35.89 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 87th percentile
this county national median
0.43 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 91st percentile
this county national median
2.03 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Total wealth
The total value of all assets a person holds.
α Absolute mobility 30th percentile
this county national median
37.44 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 92nd percentile
this county national median
0.41 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 53rd percentile
this county national median
3.45 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Constituent counties (3)
Raw α / β / δ values for total wealth across each county in the metro.
| County | State | α (absolute mobility) | β (persistence) | δ (extensive margin) | n |
|---|
| Franklin | NC | 40.23 | 0.265 | 6.90 | 600 |
| Johnston | NC | 37.31 | 0.358 | 4.96 | 1100 |
| Wake | NC | 37.19 | 0.429 | 2.84 | 6100 |