The Triangle area is a great place to live, work and play, and we’re not the only ones to make that claim. From national business publications to leading research associations and industry authorities, our growing cities and towns have gained great acclaim for accolades of all types.
A recent report released by personal financial site NerdWallet found the Raleigh-Cary market to be the ninth most affordable housing marketing in the top 100 U.S. metro areas. Other large North Carolina metro markets including Charlotte, Winston-Salem and Greensboro, ranked No. 21, No. 41 and No. 44, respectively.
According to a Triangle Business Journal article, NerdWallet evaluated the cost of a typical family home “by using localized data on average debt, median income, housing costs and home prices, the personal financial website analyzed how much families could afford while remaining within a healthy budget.”
Details from NerdWallet’s assessment of our Capital City and the surrounding area include:
Population: More than 1.2 million
Estimated family income: $93,928
Suggested home price: $351,588
Total affordable square feet: 3,163
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