Mar 12, 2014
Recently, a company called NerdWallet (which provides financial advice to residents) came out with its list of Best Places for Homeownership in North Carolina.
Not surprising, many of the communities mentioned on the list were in the Wake County area.
After all, this part of the state is well-known for its vibrant small towns, thriving jobs economy, ample natural beautiful and top notch schools (whether it be public or private, primary or post-secondary).
Today, I wanted to share with you those Wake County area communities that made the cut!
Where You Should Live in Wake County
As the recent article from NerdWallet noted, the entire state of North Carolina is rather attractive to those planning a relocation for a number of reason.
First of all, the state population continues to grow. In 2013 alone, the state added 100,000 residents to its population of nearly 10 million.
Meanwhile, the unemployment rate is also showing some encouraging trends. For instance, it dropped from 9.5 percent to 6.9 percent in one year!
Still, there are certain communities that rise above the rest. Here are the top communities to live in in Wake County, according to NerdWallet. As the company notes, these communities were judged on three main criteria:
- Are there homes available?
- Can you afford to live there?
- Is the area growing
Here are those communities that made the cut that were from the Wake County area:
- Population: 26,865
- Median Home Value: $236,700
- Home Ownership: 88 percent of homes are owned rather than rented
- Perks of living here: Town is home to a manufacturing facility for the pharmaceutical company Novartis, it’s less than 20 miles from Raleigh, It has the third highest monthly income at $7,432.
Median home value: $192,700
Perks of living here: Town has a thriving Parks and Recreation department that includes 18 park sites, a youth sports program, senior programs, and summer camps. There are also six public schools within Fuquay, not to mention the nearby Wake Tech Community College
Growth: 11.6 percent population growth between 2010 and 2012
Home ownership: 74.8 percent home ownership rate
Perks of living here: Town is close to Raleigh as well as a number of higher education facilities like Wake Technical Community College and Southeaster Baptist Theological Seminary.
Median home value: $258,500
Perks of living here: Town is considered a satellite community of Raleigh, home to a number of pharmaceutical and manufacturing facilities for companies like Grifols Therapeutics and Novo Nordisk. Meanwhile, Caterpillar Inc. has its building and construction products division located in Clayton.
Home Ownership: 75.2 percent home ownership rate
Perks of living here: This town has a rich history and also has a wonderfully restored downtown area that was even featured on the National Register of Historic Places. It also has its annual Peak Fest, which is held each May and is quite popular with residents in and around Apex.
Home ownership: 48.8 percent homeownership rate
Median home value: $266,600
Perks of living here: The town is part of the Research Triangle metro region, offering plenty of job opportunity and more! Also offers residents ample privacy and tranquility while still being close to a major city.
Make One Of These Wake County Area Communities Your Next Home!
Would you like to learn more about these communities and why they made the recent list of best places to live in NC by NerdWallet? Then please contact me, Rachel Kendall, your dedicated Wake County area real estate expert!
I’d be happy to answer any questions you may have as well as let you know about available listings in these communities!
Until next time,