Thinking about moving somewhere? Not sure where yet?
Last November 2015, the Wall Street Journal published the results of a study called – America’s 50 Best Cities to Live.
To select the top cities, they used U.S. Census Bureau data focused on nine major categories: crime, demography, economy, education, environment, health, housing, infrastructure, and leisure.
In this Blog Series, we will share with you the Top 10 Cities from this study.
Cary, North Carolina
> Population: 155,724
> Median home value: $298,800
> Poverty rate: 7.3%
> Pct. with at least a bachelor’s degree: 61.8%
> Amenities per 100,000 residents: 256.2
Cary is a wealthy suburb of Raleigh, North Carolina’s capital. Although the typical home in Cary costs $298,000 — $83,000 more than in Raleigh and almost twice the price of real estate in North Carolina as a whole — residents can afford it. The typical household in Cary makes $92,000 a year, almost twice the statewide median household income. Moreover, when adjusted for the city’s low cost of living, that figure increases by about $4,000.
Cary has one of the most educated populations nationwide — nearly 62% of adults have at least a bachelor’s degree. The nearby Research Triangle Park (RTP), a corporate research center located between UNC-Chapel Hill, Duke University, and NC State, employs much of Cary’s qualified workforce. Only 3.7% of the city’s workforce is unemployed. A bulk of Cary’s workforce works in or around RTP, and just 3.7% are unemployed, one of the lowest unemployment rates of any city. Cary is also one of the safest places in America. In the past decade, the city’s population grew 44.9%, one of the largest increases nationwide.
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