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About North Carolina

Is the Carolina’s a good place to live?

With a thriving economy and business friendly climate, low cost of living and beautiful landscapes across the state, living in North / South

Carolina is a pleasure. With a population over 10 million, North Carolina is the tenth largest state in the U.S., and it continues to grow. 5 million, live in South Carolina and growing.  The Carolinas are popular for those desiring to relocate, especially millennials, and they offer a variety of lifestyle options.

 

North/South Carolina is split into three geographic regions. In the east are the coastal plains which take up nearly half the state. The central area is the Piedmont region, which contains five of the state’s largest cities. In the west are the Blue Ridge Mountains and Great Smoky Mountains National Park, the most-visited national park in the United States.

In between these areas are miles of parks and beaches, allowing residents to enjoy North Carolina’s outdoor activities to the fullest.

North Carolina is Headquarters to some of the country’s largest companies and has recently emerged as a research and technology hub. What really gives North Carolina its charm is the small-town community feel and unique personality.

No matter where you decide to relocate in North Carolina you can be assured of a positive experience.

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The Pros

Living into one of these states comes with endless positives. Here is what you can look forward to if you are moving to North Carolina:

  • A lower cost of living: Between low rent, affordable homes and low taxes, the cost of living in North Carolina is significantly lower than most states.

  • The community. One of the best things about moving to North Carolina is its people. The state has become a melting pot of diverse people from all over the country and residents appreciate that friendly, community feel.

  • The outdoor activities: While summers can be like that of the tri state, winters are extremely mild in North Carolina—a pleasant surprise for most residents moving in from out of state. Between Lake Norman, the US National Whitewater Center and the Great Smoky Mountains, residents will never run out of places to explore and activities to do.

  • The economy: It’s no secret that North Carolina is one of the best places to live in the U.S. Most of this is due to the impressive education system, technology scene and ample career opportunities.

  • Between its up-and-coming neighborhoods, vibrant downtown life and family-friendly communities, it’s no wonder that singles, young couples and families are moving to the Greater Charlotte Area at a fast rate. Located in southeast North Carolina, it is also a short drive to Asheville and South Carolina—offering even more to do in this area.

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What is the cost of living in North Carolina?

 

  • In one word: affordable! If you are moving to North Carolina, expect lower home prices, lower rents, and lower taxes.

  • If you are relocating from a larger metro area, you can also expect more house for your money. At 23 percent below the national average, Charlotte has one of the most affordable housing markets in the country. The cost of living in Asheville, for example, is 44 percent lower than New York City.

  • The median home price in Charlotte is approximately $240,000 and the average new apartment rent is approximately $ 1,200 per month. If you are looking to purchase a home in this desirable area, now is the time. Trulia experts predict an increase in home prices over the next few years. 

Here are some of the top industries in North Carolina:

Finance

North Carolina is the third-largest banking center in the U.S. and is primarily known for its top-ranked business climate. Companies with major operations in the area include AT&T, Microsoft, Wells Fargo, and Bank of America.

Energy

North Carolina’s energy sector is rapidly growing and making a name for itself. The state is the third-largest producer of electricity and is second when it comes to turbine manufacturing growth. Companies include Duke Energy, Siemens, GE Hitachi and more.

 

Biotechnology

Major biotechnology and pharmaceutical companies are flocking to North Carolina. Companies include Biogen, BD, Merck, Bayer and more. This is due to North Carolina housing the largest research park in the country (and well-known research universities).

 

Aerospace

North Carolina is home to several leaders in the defense and security industry, including Honda Jet, Honeywell, GE Aviation and Lockheed Martin. Many local graduates pursue this field, helping the state continue its legacy as a leader in aerospace.

 

Furniture

Believe it or not, North Carolina is the “Furniture Capital of the World.” The state is home to the largest furnishings trade show and the largest furniture manufacturer in the world. Companies include Ashley Furniture, Ethan Allen, Century and more.

 

Education

In addition to these growing sectors, schools in the area act as a major source of employment too. Schools who have an affiliation with RTP include Duke University, the University of North Carolina at Chapel Hill, and North Carolina State University. Wake Forest University, Davidson College and Appalachian State University are also some of the top-ranked universities in the state.

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