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best place to live

Raleigh ranked #2 iN "Top Ten Places to Live" by Time

You don’t have to empty your savings account to afford city living in America—at least not in these locations.

Urban areas offer a gateway to culture or a medley of activities, but they typically come with a high price tag. That’s why MONEY crunched the numbers to find big cities—those with a population of 300,000 or more—with the best of all worlds: attractions, iconic neighborhoods, a relatively low cost of living, and promising job growth.

Here are our top 10 picks for best big cities to live in. (See MONEY’s full 2018 ranking of the Best Places to Live in America.)

#2: RALEIGH, NC

Average Family Income: $82,021

  • Median Home Price: $263,000

  • Projected Job Growth (2017-2022): 9.6%

Part of North Carolina’s tri-city university hub, called the Triangle, along with Durham and Chapel Hill, Raleigh is home to a relatively young, diverse, and educated population.

Like Austin, Raleigh is a hotspot for employment seekers: Moody’s Analytics projects the area’s jobs will grow 9.6% by 2022. Forbes this year ranked Raleigh among the top 10 cities for jobs, owing in part to its 17.25% job growth over the past five years. And people are listening: There’s been a 13% increase in population since 2010, according to MONEY’s Best Places to Live database.

Your wallet will feel the benefits too: With an average sales tax of about 7.25% and average property taxes at $2,632, the city’s cost of living is relatively low compared with our other big cities.

As the historically significant birthplace of Andrew Johnson, Raleigh is host to dozens of museums, earning it the nickname Smithsonian of the South. The North Carolina Museum of History reaches back 14,000 years into the state’s past, and at the massive North Carolina Museum of Natural Sciences, general admission is free.

There’s a strong sense of community as well. Every fall, the North Carolina State Fair draws 1 million visitors to Raleigh for a 10-day festival featuring rides, music, games, and crafts from local artists. Tickets cost about $10 for adults and $5 for children.

Source: Time

Full article HERE

Raleigh, Durham region lands on top 10 list of ‘Best Places to Live’ by US News & World Report

 

The Triangle has accrued another accolade – this time from U.S. News & World Report.

Listed as “Raleigh & Durham,” the Triangle ranked seventh on the list of “ Best Places to Live” in the country. Raleigh and Durham are recognized by the federal government as two separate metropolitan areas, though it is not uncommon to see the area referred to as “Raleigh-Durham.”

U.S. News ranked 100 cities using surveys from local residents, and data from the U.S. Census Bureau, FBI and the Bureau of Labor and Statistics. It also considered its past rankings for “Best High Schools” and “Best Hospitals.”

The report recognized the region for its unemployment rate of 4.4 percent, average annual salary of $51,150, median home price of $219,466 and an average commute time of 24.6 minutes. “Raleigh, Durham and Chapel Hill are known for their research/technology roots and collegiate rivalries,” says the report. “[It] is luring nearly 80 new residents a day with strong job growth and a high quality of life.”

Full Article HERE

Source: Triangle Business Journal

 

Raleigh is the No. 3 best large U.S. city to live in

Raleigh is the third best large city to live in, according to a report by personal-finance website WalletHub.

The report evaluated the 62 largest United States cities based on 31 metrics, such as health and education system quality, tax burden, and economic growth. Raleigh earned a total score of 69.33, ranking 8th in livability, 8th in education, 15th in health and 2nd in local taxes and economy.

Raleigh is the third best large city to live in, according to personal-finance website… more

San Francisco and Seattle ranked 1st and 2nd on the list, respectively. Charlotte ranked 18th on the list.

Here's how Raleigh ranked in other metrics:

  • Best cities to be a driver: 4th
  • Best school system quality score: tied 2nd with San Diego, San Jose and Lexington
  • Highest household income adjusted by cost of living: 2nd
  • Most educated: 6th
  • Percent of adults in excellent or very good health: 7th
  • Job market: 11th
  • Best large cities to start a business: 7th

WalletHub compared the cities with populations of more than 300,000 based on livability, education, health, and local economy and taxes. It evaluated these categories using the metrics, which were graded on a scale from 0 to 100, with 100 representing the most favorable living conditions.

Full Article HERE

Source: TBJ Raleigh/Durham