Cary Ranked # 6 America’s Best Cities to Live

Cary ranked # 6 America’s Best Cities to Live by 24/7 Wall St.

The top five cities are Meridian, Idaho; Danbury, Connecticut; John’s Creek, Georgia; Centennial, Colorado; and Eagan, Minnesota.

“6. Cary, North Carolina

> Population: 155,724
> Median home value: $298,800
> Poverty rate: 7.3%
> Pct. with at least a bachelor’s degree: 61.8%
> Amenities per 100,000 residents: 256.2

Cary is a wealthy suburb of Raleigh, North Carolina’s capital. Although the typical home in Cary costs $298,000 — $83,000 more than in Raleigh and almost twice the price of real estate in North Carolina as a whole — residents can afford it. The typical household in Cary makes $92,000 a year, almost twice the statewide median household income. Moreover, when adjusted for the city’s low cost of living, that figure increases by about $4,000.

Cary has one of the most educated populations nationwide — nearly 62% of adults have at least a bachelor’s degree. The nearby Research Triangle Park (RTP), a corporate research center located between UNC-Chapel Hill, Duke University, and NC State, employs much of Cary’s qualified workforce. Only 3.7% of the city’s workforce is unemployed. A bulk of Cary’s workforce works in or around RTP, and just 3.7% are unemployed, one of the lowest unemployment rates of any city. Cary is also one of the safest places in America. In the past decade, the city’s population grew 44.9%, one of the largest increases nationwide.” as summarized by 24/7 Wall St.

Read more: America’s 50 Best Cities to Live – 24/7 Wall St. http://247wallst.com/special-report/2015/11/05/americas-50-best-cities-to-live-2-2/#ixzz3r1Aj9FeZ

http://247wallst.com/special-report/2015/11/05/americas-50-best-cities-to-live-2-2/#ixzz3r1Aj9FeZ