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Raleigh-Durham-Chapel Hill, North Carolina

America's Best PlacesIt should not come as a surprise that Raleigh-Durham-Chapel Hill has earned the No. 1 spot on our list of best places to live and work for the second year in a row. This is a place that 1.2 million people are content to call home, and for so many good reasons. The area offers a great quality of life, a low crime rate, affordable housing, top-notch educational institutions, some of the best healthcare facilities in the world, a diverse industry base, and an environment in which it is ideal to raise a family. What more could anyone ask for?

Raleigh-Durham-Chapel Hill, often referred to as the Triangle, has a thriving business sector. The area is anchored by one of the nation's largest research parks and three nationally renowned research universities. Industry giants in pharmaceuticals, computer software, telecommunications, and biotechnology call the Triangle home. Having recently celebrated its 40th birthday, Research Triangle Park (RTP) is the premier address for relocating and expanding companies that want access to technology-transfer opportunities made possible by the Park's close ties to Duke University, University of North Carolina at Chapel Hill, and North Carolina State University. RTP is the largest planned research park in the United States, consisting of some 45,000 employees on 7,000 acres. Some of the most notable tenants include Cisco Systems, EPA, Ericsson, IBM and Nortel.

The industry base here is quite diverse. Manufacturing, for instance, accounts for 12 percent of the industry base, employing approximately 80,000 people. Information technology has played a major role in the Triangle's development and success since the early 1960s. Today, the Raleigh-Durham area is ranked 20th in the country for its concentration of high-tech personnel.

Healthcare is extremely important to those who live and work in the Triangle. Two of the nation's top teaching and research hospitals are located here. Known as the "City of Medicine," nearly one in three people in Durham's work force is in a medical or healthcare-related field. Chapel Hill is also a strong center of medicine, with UNC hospitals, while Raleigh and Wake County offer several well-respected facilities, including Rex Healthcare and Wake Medical Center.

Residents in the Triangle have many opportunities to enjoy the area's beauty. Centrally located between the Blue Ridge Mountains to the west and the Outer Banks and Atlantic Coast to the east, the climate here is pleasant year-round. There is also plenty to see and do: theater productions, art museums and great collegiate sporting events keep everyone busy.

KEY EMPLOYERS: State of North Carolina; International Business Machines (IBM); Wake County Public School System; North Carolina State University; GlaxoSmithKline, Inc.; WakeMed; Nortel, Inc.; Rex Healthcare; SAS Institute, Inc.; Progress Energy; Wake County; Hansen Aggregates; City of Raleigh; Cisco Systems; Waste Industries; WorldCom; Dorothea Dix Hospital; Research Triangle Institute; Verizon; First Citizens Bank & Trust Company; Longistics; Wachovia Corporation; Food Lion Stores; Kroger Stores; Invensys/Secure Power; United Parcel Service; The Capital Area YMCA, Inc.; U.S. EPA Environmental Research Center; Harris Teeter Stores; American Airlines Reservation Center; Ericsson, Inc.; Keebler, Inc.; The News & Observer Publishing Company; TriArc Food Systems/Bojangle's Restaurants; Wal-Mart; Freight Handlers; KMart Stores; WinnDixie Stores; Golden Corral Corporation; Nationwide Insurance Company; Wake Technical Community College

 

 
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Population
1.2 million

Cost of
Living Index
107.7

Housing Costs
Average home price is $200,000.

Taxes
Personal income tax starts at 6 percent.

Unemployment Rate
5.5 percent

Projected Job Growth to 2008
33 percent

Education
Ten top-quality colleges and universities are in the Triangle region.

Healthcare
The Triangle offers a fine array of well-respected facilities, including two of the top medical teaching and research hospitals.

FBI Crime Index
1,741

The Arts
North Carolina Symphony, North Carolina Museum of Art, North Carolina Museum of History, North Carolina Museum of Natural Sciences, Walnut Creek Amphitheater, North Carolina Theater, Raleigh Little Theatre and Rose Garden, Theatre in the Park, Raleigh Ensemble Players, Raleigh Oratorio Society, National Opera Company, Moore Square Arts District, Raleigh Civic Ballet Company, Raleigh Dance Theatre, Easy Moving Dance Company and The Dance Project, The Carolina Ballet, American Dance Festival, Royall Center for the Arts, Duke University Museum of Art, North Carolina Central University Art Museum, Carolina Theatre of Durham, Museum of Life and Sciences, Carolina PlayMakers Repertory Company, Ackland Art Museum, Morehead Planetarium, Chapel Hill Museum, Kenan Football Center Hall of Honor, Artspace

Recreation
Carolina Hurricanes, The NIKE Golf Tour, Carolina Mudcats, Atlantic Coast Conference college sports, Durham Bulls, hunting, fishing, camping, hiking

Contact

Greater Raleigh Chamber of Commerce at (919) 664-7000; www.raleighchamber.org

 

 


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