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Raleigh Fact:
In just the past three years, Raleigh/Wake County has been named to more than 20 national publications’ and experts’ “top-three” lists. See details below.
 

RALEIGH
Big City Living Without The High Cost

COMMUNITY PROFILE: Metropolitan Flair But Still the City of Oaks

Named for historian and explorer Sir Walter Raleigh, the City of Oaks was founded on 1,000 wooded acres purchased in 1792 to establish it as the state’s capital. Despite much growth, the “city within a park” has retained its wooded tracts and grassy parks. The blend of modern conveniences and old-fashioned charm make Raleigh one of the fastest-growing areas in the country. The city consistently is ranked among the best in the country by publications like Forbes, Money and Time. Raleigh boasts a thriving business community and an active arts population and entertainment scene that contribute to a great quality of life for residents – without the big-city price tag. A recent survey of newcomers with children revealed that an astounding 96 percent would move to the area again if they had it to do all over. Now, that’s saying something!

With a diverse local economy that includes many government, education, healthcare and technology employers, the city has an unemployment rate under five percent. Money magazine ranked the Wake County Public School System among the best 100 school systems in the nation.

Raleigh offers prospective home buyers a rich diversity of living options You can choose to live in a downtown high-rise, an historic home, an established inside-the-Beltline neighborhood, or one of many modern communities.

Raleigh is a shopper’s paradise. Five major malls, hundreds of strip shopping centers and several outdoor shopping venues fall within a 20-mile radius, as well as a number of boutiques and unique shops. Museums, live entertainment and sporting opportunities abound. Raleigh is a short drive from the Atlantic Ocean in one direction and the Great Smoky Mountains in the other.

NEIGHBORHOOD
Population: 276,093
City Limits: 117 sq. mil.
Urban & Suburban
Average Home Qualities
  Home Price: $218,303
  Sq. Ft: 2003 sq/ft
  Lot Size: 0.92 acres
Unemployment Rate: 6.1%
Median Family Income: $62,800
Cost of Living Index: 102
Crime Index: 137

 

SCHOOLS
  Local State National
Student-Teacher Ratio 15:1 14:1  
Expenditure Per Pupil $6,477    
Avg Class Size (first grade) 23 22 19
Avg Class Size (eighth grade) 28 24 23
Avg SAT Math 486-541 494 512
Avg SAT Verbal 476-507 481 504
% students attending 4-year colleges 44-72% 44% 43%
% students attending junior colleges 17-33% 34% 27%

Almost 90 percent of Wake County public school graduates plan to pursue higher education. Wake County has 124 schools: 79 elementary schools, 26 middle schools, 16 high schools and three special/alternative schools.

Eighty-seven percent of the 2002 graduating class planned to pursue higher education. SAT scores for last year’s Wake seniors were the highest ever achieved in the Wake County Public School System, and the Wake average score was far above the state and national average. Seventy-nine percent of Wake County students took the exam, compared to 46 percent nationally.



Downtown's City Market Area

Raleigh Memorial Auditorium - Home to the NC Symphony and NC Theatre

ATTRACTIONS

Museums abound in Raleigh. World-class facilities include the North Carolina Museum of Natural Sciences, North Carolina Museum of Art, North Carolina Museum of History and Exploris Interactive Museum About the World.

Raleigh is home to the National Hockey League’s Carolina Hurricanes. the NC State Wolfpack, and the Carolina Cobras arena football team. Nearby are the world-famous Durham Bulls, the Carolina Mudcats, the Women’s United Soccer Association champions the Carolina Courage, and Pinehurst, host to the 2002 U.S. Golf Open.

Concert venues include the RBC Center and Walnut Creek Amphitheater, BTI Center for the Performing Arts, Carolina Ballet, A. J. Fletcher Opera Institute, North Carolina Symphony Orchestra, bringing world-class music, dance and theater to Raleigh’s doorstep. Additionally, Raleigh’s many restaurants and pubs host live music performances on a regular basis.

Raleigh Parks and Recreation offers four lakes, seven large parks, 19 mini-parks, 19 staffed community centers, and two year-round aquatic facilities. Lake Johnson offers boat rentals, picnic shelters, concessions, conference/party room, classes and recreational opportunities, 3.5 miles of paved greenway trails and 1.9 miles of unpaved trails. Johnson Lake is great for fishing, largemouth bass, shellcracker, crappie, bream, catfish, and carp. During the summer months, enjoy the outdoor concert series. Lake Wheeler offers fishing, bass tournaments, in-water new boat shows and demos, evening waterfront concerts, the annual Tarheel Regatta, outdoor equipment expos, and water/nature-based educational programming. Lake Wheeler also has picnic rentals, conference room rentals, private boat launchings, and non-motorized boat rentals.

Raleigh is also home to a botanical garden, rose garden, arboretum, theaters, historic homes, art galleries, golf courses, state fairgrounds and flea market, and many festivals and events.

AVERAGE COMMUTES

Apex 20-30 minutes
Cary 15-20 minutes
Chapel Hill 35-45 minutes
Durham 20-30 minutes
Fuquay-Varina 30-35 minutes
Garner 10-15 minutes
Raleigh/Durham Airport 20-25 minutes
Research Triangle Park 25-30 minutes
Sanford 45-50 minutes
Southern Pines 1 hour, 20 minutes

LINKS OF INTEREST
City of Raleigh www.raleigh-nc.org
Schools www.wcpss.net
Chamber of Commerce www.raleighchamber.org
Newcomers Club www.rtpnet.org/newcomer
Parks and Recreation www.raleigh-nc.org/parks&rec


Exploris is Raleigh's newest museum - it's fun for the whole family with lots of interactive exhibits. 

Moore Square Park in downtown Raleigh

RALEIGH NEIGHBORHOOD DESCRIPTIONS
More information: http://www.communitylink.com/raleigh/homes3.htm

Brier Creek

Adjacent to Research Triangle Park and surrounded by a spectacular, private, Arnold Palmer Championship Golf Course, Brier Creek is one of Raleigh’s most prestigious addresses. The homes in Brier Creek Country Club afford an uncommon standard of excellence due to their superior design, quality craftsmanship and numerous customizing possibilities. From elegant carriage homes and golf villas to luxurious executive homes, Brier Creek offers something for everyone. Carriage homes begin at $300,000 and executive homes run from $300,000 to $450,000.

Crabtree Valley/70 West
Crabtree Valley encompasses the area surrounding Crabtree Valley Mall on Glenwood Avenue, including Highway 70 westward toward the airport. Home prices in established neighborhoods, such as Harrington Grove off Leesville Road, range from $130,000 to $280,000. Cluster homes are available in Pemberton off Westgate Road near the airport for $130,000 to $180,000. More expensive residences — priced at $280,000 to $570,000 — are located in Bridgeton Park or Pinecrest Park.

Downtown
For city dwellers, downtown residential options have grown more enticing due to the area’s increased dining and entertainment facilities. Apartments, condominiums and single-family homes are within walking distance of everything from City Market to the state government complex. Condos at the trendy Cotton Mill — formerly a warehouse off Capital Boulevard — range from $100,000 to $325,000. More trad-itional homes are available in the Mordecai neighborhood from $130,000 to $500,000, in Boylan Heights from $140,000, and in historic Oakwood from $130,000 to $500,000.

East Raleigh
East Raleigh stretches from Capital Boulevard near the I-440 Beltline to New Hope Road. Homes in older neighborhoods, such as the golf course community of Hedingham off U.S. 64, are priced from $97,000 to $250,000. The New Bern Avenue area offers convenient access to Raleigh Country Club. New development occurs mainly around Buffalo and New Hope roads. Home prices in Cobblestone range from $94,000 to $130,000, while houses in New Hope Crossing cost $110,000 to $160,000. The U.S. 401 corridor is a growing center of activity with new subdivisions.

Inside the Beltline
Old Raleigh, renowned for its established Southern homes along tree-lined streets, is a premier address. Smaller homes and bungalows built in the 1940s, 1950s and 1960s in neighborhoods like Georgetown, near Five Points, are priced from $120,000 to $240,000. Meredith Woods residences, built off Lake Boone Trail in the 1970s, are priced around $150,000 to $220,000. The older homes of Country Club Hills, off Glenwood Avenue, surround the exclusive Carolina Country Club and its golf course, and range from $300,000 to $1.5 million. The Five Points area of Raleigh is very popular right now, and houses here range from $200,000 to $600,000. Hayes Barton’s estates run anywhere from $250,000 to more than $1.5 million. Two new, upscale condo complexes have recently gone up on Glenwood Avenue. Prices at 510 Glenwood Avenue range from $270,000 to $400,000, and prices at Gardens on Glenwood are $330,000 to $700,000.

North Raleigh
As one of Raleigh’s fastest-growing areas, North Raleigh is attractive for its mix of well-established subdivisions and up-and-coming developments. North Ridge, an older neighborhood close to the Beltline, offers houses from $100,000 to $900,000. North Hills, one of Raleigh’s more established subdivisions, has many solid homes — on generous lots — priced between $180,000 and $300,000. New homes cost $200,000 to $400,000 in Falls River, off Durant Road, and range from $430,000 to $700,000 in Cross Gate, also off Durant Road. Other new, upscale neighborhoods in North Raleigh include Olde Creedmoor, Crossmoor, Chatsworth and Traemoor, with homes from $500,000 to $800,000. Homes in Devon range from $900,000 to $2 million.

Wakefield Plantation, a premier country club community off Falls of Neuse Road, is one of the hottest developments in Wake County’s history. More than 3,500 homes and apartment units are planned for the 2,200-acre tract, which includes one of only two Tournament Players Club golf courses in North Carolina; swimming, tennis and dining facilities; a YMCA; greenways; and an elementary school, a middle school and a high school. Houses in the Wakefield complex start at $250,000 and reach $1.8 million.

West Raleigh
North Carolina State University life centers around West Raleigh near downtown. Hillsborough Street boasts student-filled shops and restaurants, as well as older homes that stretch to Cameron Village. Trinity Square, off Trinity Road, is a popular area that features town houses with two-car garages bordering the RBC Center, as well as houses for around $140,000 to $180,000. Cameron Village condos average around $110,000, and houses are $210,000 and up. Other university neighborhoods run along Avent Ferry Road near Lake Johnson. Homes built in the 1980s in Glencoe range from $206,000 to $315,000. Homes in Trailwood Hills, near the McKimmon Center, are $140,000 to $180,000, and homes at Lake Johnson Harbor, adjacent to the park and greenway, are $140,000 to $200,000.


Raleigh/Wake County has been named to more than 20 national publications’ and experts’ “top-three” lists. Here are just a few:

• #3 Best Place to Reinvent Your Life – AARP Magazine, May/June 2003
• #3 Best Place for Business and Careers – Forbes Magazine, May 2003
• #1 Hot Spot for Entrepreneurs in the South – Entrepreneur Magazine, September 2002
• #1 Best Place to Live and Work in the U.S. –Employment Review Magazine, June 2002
• #2 City in the U.S. for Relocation – Expansion Management, January 2002
• Five-Star Rating for Best Economic Metro – Demographics Daily, January 2002
• #1 Income-Growth Batting Average – Demographics Daily, October 2001
• #1 “Best Place to Live — Southern Region” – Money, November 2000
• #3 “Best City in the Nation for Entrepreneurship” – Entrepreneur, October 2000
• #3 Liveliest City for the Elderly – Modern Maturity, March 2000
• #1 Best Cities for Education – Places Rated Almanac, Millennium Edition





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Updated: 4/18/2011; 7:27:03 AM.