Recently, US News and World Report listed the 25 best places to live in the U.S. in 2021-2022. Our hometown area of Raleigh/Durham was named as the #2 area. The article points out that our metro area grew by 5.87% from 2015-2019 according to the US Census Bureau. So, what are the reasons behind that ranking? This blog is here to answer those questions:
The Research Triangle has a growing job market thanks to successful industries like technology, education, and health care. In addition, home values and cost of living are in line with the national average. On the positive side, the average annual salary in the Triangle is higher than the national average.
Plus, when compared to other areas in the country, the Triangle is very family-friendly with museums, parks, sports attractions, great restaurants, and the most live music venues in the state. Public education in the area is among the best in the country. In fact, 57 area high schools are recognized on US News & World Report’s Best High School rankings.
With many university campuses in the area, there are coffee houses, bars, and craft breweries that students and fulltime residents can enjoy year round.
Other popular reasons include the fact that Raleigh and Durham have a lower crime rate than metro areas of similar size in the US.
In regards to real estate, home listings in the Raleigh/Durham area sell quicker than the national average. The median home price is approximately $330,000 ($15,000 above national average).
All of the factors listed here add up to why our hometown area is ranked as the second best place to live in the US. If you are looking to move to the Triangle and are searching for a new home, contact us at Raleigh Cary Realty. No one knows the Triangle better than we do.