Business Professionals | The Ida Terbet Group

Why Tech Professionals are Moving to Raleigh

One of southeastern United States’ best locations to live, Raleigh is attracting professionals fed up with the exorbitant cost of living, pollution, and the fast-paced lifestyles elsewhere. If relocation has been on your mind for a while now, Raleigh should be under consideration. 

You Can Still Get a High-Paying Job

Raleigh is home to Cisco, IBM, Red Hat, and GlaxoSmithKline. The Research Triangle offers good opportunities to biotech professionals. NC State University churns out computer science majors. The tech scene in the Raleigh-Durham area is buzzing! Although salaries for tech professionals here are lower than that offered at Silicon Valley companies, competition is far less, jobs are more laid-back, and the cost of living is a lot more affordable. If you’re at a stage in your life where you seek stability over growth, a comfortable job and a bit of quietude, Raleigh won’t disappoint. 

The Taxes are Low and So Are the Home Prices

The median price of homes in Raleigh currently stands at $339,500, while the median rent is $1,495. Your sales tax is about 7% lower than the national average and fuel costs are cheaper. You don’t have to spend big bucks to enjoy a great life in Raleigh. North Carolina has a low unemployment rate and its job market is thriving. If you’ve been inconvenienced by the fierce competition at Silicon Valley companies or concerned that your company is outsourcing to Asian and Eastern European countries, Raleigh’s job opportunities may interest you. 

The Higher Education System is Top-Notch

Raleigh metro area is served by eleven colleges, universities, and satellite campuses. North Carolina State University, the state’s largest educational institution, accepts over 35,000 students annually and contributes over $6 billion to the economy or the equivalent of 90,000 jobs. North Carolina has a 85.6% high school graduation rate, although other parameters indicate that it is not on par with the public school systems in many top-performing states. Where NC shines is in the quality of its higher learning institutions. US News and World Report ranks North Carolina as the 10th best state for college; 17 of the state’s 125 public and private universities feature in the country’s top 500. 

Evolving Healthcare Access

Living in Raleigh or the Triangle offers another benefit: a vast pool of doctors and healthcare organizations. North Carolina is also in the early stages of moving away from the fee-for-service model to payment based on health outcomes, which is being led by the state’s Health and Human Services, under the stewardship of two former officials in the Obama administration. 

The prospects for Raleigh are exciting and worth exploring. Get in touch with our real estate agents in the Triangle to find the best Raleigh suburbs. 

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