Metropolitan statistical area

Raleigh-Cary

NC  · 1.48M residents  · CBSA 39580

Total wealth · absolute mobility
31st percentile nationally

Higher is better.

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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 87th percentile
    this county national median

    0.39 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 53rd percentile
    National median: 50th percentileThis county: 53th 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 83th percentile
    this county national median

    0.38 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 95th percentile
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 80th percentile
    this county national median

    0.46 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 64th percentile
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 87th percentile
    this county national median

    0.43 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 91st percentile
    National median: 50th percentileThis county: 91th 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 92th percentile
    this county national median

    0.41 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 53rd percentile
    National median: 50th percentileThis county: 53th 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.

CountyStateα (absolute mobility)β (persistence)δ (extensive margin)n
FranklinNC40.230.2656.90600
JohnstonNC37.310.3584.961100
WakeNC37.190.4292.846100

About the data

These estimates are small-area (Fay–Herriot) county-level mobility statistics from the working paper Lands of Opportunity (Binder, Risch & Voorheis 2026, NBER WP 35219). Metro values shown here are population-weighted means of constituent county estimates. See the methodology page for a full description, and the user guide for how to navigate the explorer.