Friday, November 21st, 2008
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Chapel Hill Real Estate

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Raleigh North Carolina

by Helen Glenn Court

You're thinking about real estate and thinking about Raleigh North Carolina? Founded in 1792 on the banks of the Neuse River, Raleigh is both the county seat of Wake County and the state capital. A hub of the famous Triangle of university towns along with Durham and Chapel Hill, Raleigh offers a great deal.

About Raleigh North Carolina

With a population of some 270,000 people, Raleigh is home to North Carolina State University. It is neighbor to both Duke University, 28 miles away, and to the University of North Carolina Chapel Hill, 32 miles away. Lying 190 miles from the Great Smoky Mountains and the Blue Ridge Parkway, Raleigh is also just 150 from the Atlantic Ocean and the Outer Banks. Some 400 miles to the south is Atlanta, Georgia. Some 250 miles to the north is Washington DC.

Mean household income for the Triangle in 2000 was approximately $79,000. Median family income for Wake County was approximately $62,800. Unemployment in 2002 stood at 4.7 percent, less than the state figure of 5.7 percent and the national figure of 6.1 percent. Local taxes for Raleigh North Carolina were 0.38 percent in 2002.

Golf courses abound in the state and the Piedmont, the most famous being Pinehurst, some 60 miles southeast of Raleigh North Carolina. Among the renowned local sports teams are Duke's Blue Devils, NC State's Wolfpack and UNC's Tar Heels. Raleigh's rejuvenated arts and theater district also offers a great deal for those keen on cultural events.


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