Raleigh Overview The oak-tree lined streets and historic buildings of Raleigh welcome visitors to the North Carolina ...
The oak-tree lined streets and historic buildings of Raleigh welcome visitors to the North Carolina capital. It was created in 1792 to serve as North Carolina's seat of government, and is one of the earliest examples of a planned city in the country. Like many parts of the South, it faced economic hardships during the Reconstruction Era, but has enjoyed a new lease on life since the opening of the Research Triangle Park in 1959. Raleigh forms the Research Triangle area with the neighboring cities of Durham and Chapel Hill.
The Research Triangle, and the Raleigh, NC jobs it created, continues to attract residents to the area. The cost of living in Raleigh is 2.7 percent above the national average. Locals may pay a little more for their groceries, utilities and medical expenses, but the median household income is $62,021. That's significantly more than the $53,046 earned by the average American household. Raleigh's median home price is $196,000.
Raleigh Job Opportunities
The Research Triangle is one of America's most successful high-tech and biotech research centers and a major provider of jobs in Raleigh, NC. People interested in research, engineering, and biotech jobs in Raleigh should look to companies like Biogen Idec, Syngenta, Cisco, Bayer CropScience, United Therapeutics and the institute that started it all, RTI International.
The area surrounding the Research Triangle is also home to a number of prominent tertiary educational institutions, including Duke University, North Carolina State, University of North Carolina at Chapel Hill and Wake Forest University. Wake County public school system provides more than 17,500 jobs in Raleigh, which makes it Raleigh's second-largest employer. It's beaten only by the State of North Carolina.
The high number of Raleigh jobs, substantial predicted growth and relatively low cost of conducting business led Forbes.com to name Raleigh the best place for business and careers in the United States.
Raleigh Employment Trends
Raleigh's economic prospects continue to impress, with recent job growth of 3 percent. The North Carolina capital is in for more good fortune, with an annual growth of 3.7 percent predicted for the next few years. Unemployment is also more than a full percentage point below the national average at 5.2 percent. These noteworthy figures led Forbes.com to name Raleigh the 25th best city in the country for job growth. With the city also claiming the title of the 12th best educated in the country, the future looks bright for Raleigh jobs.