Groundwork

Real estate · Metro area · North Carolina

Property management companies in the Raleigh-Cary, NC metro area

How the Raleigh-Cary, NC metro area compares with other metro areas and the U.S. for property management companies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 47 out of 100: Lower middle

Ranked #218 of 374 scored metro areas
#8 of 15 scored metro areas based in North Carolina

Listings
223
13 chain locations (6%)
Official establishments
417
+19.8% since 2019
Household spending a year
$9.9B
On rent and homeowner costs · $17,215 a household
Housing spending per listing (U.S. = 100)
80
20% below the U.S.
Listings per 10k households
3.9
30% above the U.S.
Population, 2025
1,595,720
+12.6% since 2020

See the property management companies around any address in the Raleigh-Cary metro area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Raleigh-Cary metro area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Households in the Raleigh-Cary metro area spend about $9.9B a year on rent and homeowner costs, or $17,215 per household, 3% above the U.S. average. Housing spending per company is 20% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in.

The Raleigh-Cary metro area has 223 property management companies on map listings as of September 2026. Of those, 13 are chain locations, or 6%, against 4% across the U.S. Per 10,000 households, that is 3.9, 30% above the U.S. rate of 3.0.

Official counts show 417 businesses with payroll classed as residential and commercial property managers in the Raleigh-Cary metro area in 2023, up 19.8% from 2019. That is one for every 1,377 households, against one for every 1,638 across the U.S. Since fiscal 2022, 9 SBA-backed loans worth $5.9M have gone to businesses classed as residential and commercial property managers in the Raleigh-Cary metro area.

Population estimates show the Raleigh-Cary metro area grew 12.6% from 2020 to 2025, faster than the U.S. (+3.1%). The Groundwork market score for property management companies in the Raleigh-Cary metro area is 47 (lower middle), #218 of 374 scored metro areas and #8 of 15 scored metro areas based in North Carolina.

How the Raleigh-Cary metro area compares

The same measures for North Carolina and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Raleigh-Cary, NC metro area compared with North Carolina and the U.S.
MeasureRaleigh-Cary metro areaNorth CarolinaU.S.
Listings per 10k households3.92.93.0
Housing spending per listing (U.S. = 100)8093100
Households per official establishment1,3771,7561,638
Official establishment growth, 2019–2023+19.8%+5.9%+11.4%
Population growth, 2020–2025+12.6%+7.2%+3.1%
Spending per household on rent and homeowner costs$17,215$15,139$16,661
Median household income$100,103$72,388$80,734
Groundwork market score4748

Official counts and lending

Businesses

Official establishments, 2019 to 2023
417+19.8% over the period
Employees, 2023
2,749
Annual payroll, 2023
$183.4M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
22313 chain locations
Listings at the U.S. rate for this spending
178The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
9
Amount
$5.9M

SBA-backed loans to businesses classed as residential and commercial property managers in the Raleigh-Cary metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Raleigh-Cary metro area

Population, 2025 estimate
1,595,720+12.6% since 2020
Households
574,295
Median age
38.4
Homes lived in by their owners
67%
Vehicles per household
1.9
Land area
2,119 sq. mi.
People per square mile
702
Median household income
$100,103+32.0% vs. 2015–2019, before inflation
Average household income
$131,869
Median home value
$418,400
Jobs located here
759,538
Daytime population
1,525,914Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Raleigh-Cary metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

Or open the report at the center of the Raleigh-Cary metro area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Property management across North Carolina

Every North Carolina market ranked →

The highest-scoring metro areas in North Carolina for property management companies, numbered among those based in North Carolina, with the Raleigh-Cary metro area marked.

Top metro areas in North Carolina

Metro areas in North Carolina ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Hickory-Lenoir-Morganton, NC66161.1236+3.2%#53 of 374
2Winston-Salem, NC65602.1122+5.3%#65 of 374
3Rocky Mount, NC6281.4182+2.8%#80 of 374
4Burlington, NC59182.6100+8.5%#109 of 374
5Durham-Chapel Hill, NC54722.9101+7.5%#151 of 374
6Charlotte-Concord-Gastonia, NC-SC543152.999+10.1%#152 of 374
7Goldsboro, NC51132.791+3.8%#178 of 374
8Raleigh-Cary, NC472233.980+12.6%#218 of 374
9Pinehurst-Southern Pines, NC45153.483+10.3%#230 of 374
10Jacksonville, NC44304.065+6.0%#238 of 374

Other business types in the Raleigh-Cary metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Raleigh-Cary, NC metro area?

Map listings as of September 2026 show 223 property management companies in the Raleigh-Cary metro area. 13 of them (6%) are chain locations. The listings count property management companies. Official counts show 417 businesses with payroll classed as residential and commercial property managers in 2023, up 19.8% from 2019.

How much do households in the Raleigh-Cary, NC metro area spend on rent and homeowner costs?

About $9.9B a year, or $17,215 per household. That is 3% above the U.S. average (an index of 103, where 100 is the U.S. average). For the 223 property management companies on map listings, housing spending per company is 20% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in. It is estimated from the incomes of the 574,295 households in the Raleigh-Cary metro area and national spending patterns by income.

How does the Raleigh-Cary, NC metro area compare with the U.S. for property management companies?

The Raleigh-Cary metro area has 3.9 property management companies per 10,000 households, 30% above the U.S. rate of 3.0. The index of housing spending per company is 80, where 100 is the U.S. At the U.S. ratio of property management companies to household spending, the Raleigh-Cary metro area would have about 178, against 223 on map listings. There is one business with payroll in the industry for every 1,377 households, against one for every 1,638 across the U.S. The official count rose 19.8% from 2019 to 2023, against +11.4% for the U.S.

How fast is the Raleigh-Cary, NC metro area growing?

Population estimates put the Raleigh-Cary metro area at 1,595,720 people in 2025, up 12.6% since 2020, faster than the U.S. (+3.1%). It has 574,295 households. Median household income in the Raleigh-Cary metro area is $100,103, 24% above the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 32.0%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Raleigh-Cary metro area scores 47 for property management companies (lower middle), #218 of 374 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Raleigh-Cary metro area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in the Raleigh-Cary metro area

Screening a site or an acquisition in the Raleigh-Cary metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Raleigh-Cary metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.