North Carolina town named best place to live in US
Congratulations, Raleigh residents! You live in the city of Bankrate named the best place to live in 2022.
Bankrate, a personal finance publication, used three factors — what it costs, how it feels, and who gets around in it — to determine its top 20 list. The second and third places on the list went to Charleston, South Carolinaand Austin, TXrespectively.
Raleigh named no. 1 living space
“First up on our list goes to Raleigh, North Carolina. As one of the anchors of the Research Triangle, the city continues to attract young workers and big business to plant roots in the Tar Heel State,” Bankrate wrote when this listing was released. was dropped this month.
“Last year, Apple announced plans for a new East Coast campus in the region that will create at least 3,000 new jobs – and more reasons for more people to want to move here. Outside of the office and from the research lab, Raleigh is rapidly climbing the cultural ladder as a place to eat, drink and enjoy the outdoors, with a mild climate that gives residents plenty of time to disconnect.Plus, Raleigh offers what many cities struggle to offer: a low crime rate.”
Here’s how Bankrate ranked Raleigh in the following categories:
The job market: 8/10
The well-being: 7/10
Strong points: NC State football games, Carolina Hurricanes hockey games, North Carolina Museum of Art.
For the full list of 20 cities, visit bankrate.com/real-estate/best-places-to-live/us.
How much have Raleigh home prices gone up?
The chart below, using data from the Redfin metro area, shows how the median home sale price in Raleigh has changed since June 2021.
▪ Median Raleigh home prices were at their highest in end of May this year. The highest price on this chart is $458,000 for median home prices in Raleigh on May 30, 2022, according to Redfin Metro Area Data.
▪ Median Raleigh home prices were at their lowest (relative to the one-year span of this chart) in early June last year — $365,000. The median house price was also as high in beginning of September last yearaccording to data from the Redfin metropolitan area.