Living and working in Raleigh, Durham, and Chapel Hill, NC
If you’re smart and ambitious, you’re always looking for opportunities to advance your career. But are you looking in the right place?
While Silicon Valley might be top of mind, there’s a hidden gem in North Carolina that’s become a hotspot for the best and brightest: Research Triangle Park.
Bounded by the cities of Raleigh, Durham, and Chapel Hill, this area is home not just to renowned universities but also to many cutting-edge companies. If you’re planning to relocate here, here’s an overview of the job market:
- At 5.7 %, the unemployment rate is lower than the 9% national average. The average annual salary here is more than $49,000.
- There are plenty of job opportunities for a wide range of professionals in the fields of research, education, technology, and health care. In fact, Research Park alone employs some 7,000 people.
- Research Park’s component cities have won recognition for their wonderful employment prospects. Forbes voted Raleigh as the #3 Best Place for Business and Career, while Realtor.com hailed Durham as the #8 Best City for Working Moms.
A closer look
Research Park Triangle is home to many distinguished Fortune 500 companies such as IBM Corporation, Cisco Systems, Inc. and GlaxoSmithKline, just to name a few.
As you can tell from Research Park Triangle’s name, many of the big employers here are in the STEM – science, technology, engineering, and mathematics – industries. This is hardly surprising, given that the area is bordered by Duke University, NC State University, and the University of North Carolina at Chapel Hill. Burgeoning industries such as “cleantech” are also making a lot of buzz in this locality.
Locals have also instituted #TriangleTuesdays, an initiative that seeks to consolidate job postings from employers to make things easier for jobseekers.
The future looks bright for Research Park Triangle, so what are you waiting for? Browse the site to look for homes in and around Raleigh, Durham, and Chapel Hill, NC. For inquiries, call Matt Peedin at 919-210-8388 or email mattpeedin(at)kw(dotted)com.