Raleigh-Durham 7th Best Place To Live in the U.S.

U.S. News & World Report recently ranked the Raleigh/Durham area as the seventh best place to live in the U.S.! With an overall score 7.2 out of 10, this area showed impressive scores in net migration as well as value and desirability; area that seem to go hand in hand. Raleigh and Durham beat out other major metropolitan areas such as Boston, San Francisco, and Nashville, while Austin took the first place ranking with an overall score of 7.8.

Every year, U.S. News & World Report releases their list of the top 100 metropolitan cities in the U.S. based on how the populations scores each city based on five categories: desirability, value, job market, quality of life, and net migration.

Here's how Raleigh and Durham ranked on the scorecard:

  • Desirability: 7.0
  • Value: 7.7
  • Job Market: 6.5
  • Quality of Life: 6.9
  • Net Migration: 8.2

What Makes Raleigh & Durham A Good Place To Live

Known for their research and technology roots, as well as their deep collegiate rivalries, this area shows strong job growth and ranked high on the score care for quality of life. There is a strong sense of community in Raleigh and Durham, primarily because of the youthful, diverse population. The average resident of this area can be found dining out at one of the local restaurants or meeting with friends over craft beers at one of the local breweries.

Value And Net Migration

The cost of living in Raleigh and Durham is slightly lower than the national average, though housing prices have made a significant climb over the last few years. This is due to the above average population growth; Raleigh and Durham roughly gains 80 new residents each day. Further reducing the cost of living, property taxes in Raleigh and Durham are lower than the national average.

Desirability

There is no shortage of attractions and activities in Raleigh and Durham. The area is rich in culture with the Durham Performing Arts Center, North Carolina Museum of Art, and the North Carolina Symphony calling Raleigh and Durham home. The food scene has been on the rise in recent years along with craft breweries, 21 sites have popped up throughout the region.

Interested in live music? Raleigh and Durham is proud to hold the most live music venues in North Carolina. There's endless fun for the whole family with the Children's Museum, over 200 parks, and 152-miles of greenway systems for safe biking and hiking.

Job Opportunities

Raleigh, Durham, and the nearby town of Chapel Hill are known as the Research Triangle, which is home to the 7,000-acre Research Triangle Park. The Park provides over 4,000 residents with full time employment, is credited with fueling roughly 1,800 startups since the 1970s, and is affiliated with the region's top three universities: Duke University, University of North Carolina at Chapel Hill, and North Carolina State University.

This area is also home to major companies like IBM Corporation, Cisco System Inc., and General Electric. Not only does Raleigh and Durham offer residents unemployment rates that are lower than the national average, but the average annual income earned by residents is higher than the national average.

If you're thinking about relocating to Raleigh and Durham, contact us today to begin your home search in the 7th best place to live in the U.S.!

Posted by Larry Tollen on
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