New U.S. Census Bureau data shows in the past decade, Raleigh’s population increased over 60 percent from 2000 to 2010, ranking N.C.’s capital the 21st fastest growing urban area in the country. The Raleigh area added more than 343,000 residents in the decade ending 2010, a 63.4 percent increase to nearly 885,000. The Bureau defines “urban areas” as “densely developed residential, commercial or other nonresidential areas.” The other NC urban city to make the list was Charlotte which came in at #1 for urban areas with 1 million or more residents with a population growth of 64.6 percent.
Getting married soon? If you live in Raleigh, you’re in luck! Rent.com conducted a study measuring newly wedded couple’s attitudes and researched cities across the country, looking at cost of living, mean annual income, the unemployment rate, and rental inventory to identify 10 great cities for Newlyweds. The first five cities on the list are all performing better than the national average for unemployment rate, annual mean income and cost of living.
Coming in at number 2 is our fair city of Raleigh! Here’s what the study showed:
Raleigh/Durham, NC – Young professionals and new families are drawn to Raleigh for its affordability, friendliness, and favorable climate. Livable residential neighborhoods with the cultural benefits of a larger city make Raleigh/Durham the perfect place to settle down.
In it’s second annual report, Inman News recently published its list of the Top Real Estate Markets to Watch for 2012. At the top of the list: Raleigh, NC!
To create this list, Inman News examined housing, economic and demographic data for metropolitan areas nationwide. Other factors included above-average price appreciation, a flourishing job market, a high rate of sales in proportion to population, a high level of home affordability, low foreclosure activity, a below-average share of distressed sales, a low vacancy rate, and other characteristics indicating a healthy housing market.
The 10 markets are, in order: Raleigh-Cary, NC, Wichita, KS, Rochester, NY, Des Moines-West Des Moines, Iowa, Chattanooga, TN, Peoria, IL, Amarillo, TX, Binghamton, NY, Waterloo-Cedar Falls, Iowa, and Bloomington-Normal, IL.
Despite a steep drop in sales, the Raleigh-Cary market saw considerable price appreciation last year, with its median sales price for single-family homes jumping 7.3 percent from third-quarter 2010 to third-quarter 2011.
At $224,300, the Raleigh-Cary metro had the highest median sales price among the 10 markets on this list and was the only market with a median sales price above the U.S. median. Nonetheless, its affordability rate stayed above the national level, with 73.6 percent of its homes affordable to households earning the area’s median income, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.
Source: Inman News
In a recent study by 24/7 WallStreet, Raleigh was ranked the third Best Place to Raise a Family. Some of the factors used for the study included good schools, health care, and nearby recreational opportunities. The only other North Carolina city to make the list was Greensboro, coming in at number 10.
3. Raleigh, N.C.
Acres of parkland per 1,000 residents: 30.8 (14th highest)
Playgrounds per 1,000 residents: 2.2 (49th highest)
Violent crimes per 1,000 residents: 4.1 (24th lowest)
Unemployment rate: 7.2% (17th lowest)
Adults with at least a high school degree: 91.7% (12th highest)
Raleigh is one of the strongest cities in North Carolina, economically speaking. Its high-tech and biotech industries are growing quickly, keeping unemployment low. The city has a top-notch school system that includes the highly ranked Raleigh Charter High School. Children are also surrounded by highly educated adults, as Raleigh was recently named the third-most educated city in the United States by Men’s Health. Children have ample opportunities to enjoy activities, especially basketball: The city has one of the highest rates of basketball hoops per resident in the country.
Looking for a fun way to ring in 2012 – check out these events happening around the Triangle:
Fayetteville Street Mall
Sat, Dec 31: 2pm to Midnight
All Day Passes are $9.00 in advance
On December 31, admission passes will cost $12 for adults and $10 for children 6 to 12
All patrons ages 6 and over require a pass
Children 5 and under are admitted for free and do not need a pass
Sat, Dec. 31: 9pm
$25 & $60 in advance. Prices will increase day of event
330 West Davie Street, Raleigh, NC 27601
Sat, Dec. 31: 8pm to 2am
$15 per ticket, $25 for two tickets
Tir Na nOg
218 South Blount Street, Raleigh, NC 27601
Sat, Dec. 31: 6pm to 9pm
FREE admission until 8pm
Meymandi Concert Hall (located on the west side of the Progress Energy Center for the Performing Arts)
2 E South Street, Raleigh, NC 27601
Sat, Dec. 31: 7:30pm
Prices range from $21.50 to $72.75
Sparians Bowling Boutique & Bistro
141 Park at North Hills Street #120, Raleigh, NC 27609
Sat, Dec. 31: 7pm to 2am
$60 per person
419 Glenwood Ave., Raleigh, NC, 27603
Sat, Dec. 31: 9pm to 2am
$25 per person
Southern Living magazine has nominated Raleigh, NC as one of its Top 10 “Tastiest Towns in the South”. The magazine has asked its readers to cast their final vote which starts on Wednesday, December 23 and continues through Tuesday, January 31. The magazine will profile each town and announce the winner in its April 2012 issue. Click here to cast your vote!
Source: Southern Living