Rent to Own Homes in Raleigh, NC: What You Need to Know
Raleigh, the capital of North Carolina, is known as the “City of Oaks.” Like the oak tree, Raleigh has stood out from other US cities for its longevity, importance in its environment, and companionship of new life and growth.
Raleigh Real Estate: The Cost of Living
Raleigh has 475,000 residents whose mean household income marks at about $65,000. The overall cost of living in Raleigh is slightly less the national average, with attractive housing prices that are less than the country’s average. In 2020, the median home value is $240,000, with the average 900+ square foot abode renting at $1,200. Groceries and healthcare are slightly more expensive than the national average.
The idea of the cost of living is changing to meet the needs of the people in Raleigh. In the last year, North Carolina surprised the nation with a progressive method of addressing healthcare. This new outlook rewards doctors and other healthcare workers by how they curb and minimize illness, rather than treat maladies as they appear. The healthcare workers, in turn, look at the factors that affect their health: housing, diets, transportation, etc. As the community becomes financially affected by the most vulnerable, the spirit has become one of working together to make healthy decisions more affordable and accessible for all.
Growing Job Opportunities
Raleigh is a growing economic giant for tech, aerospace and defense, waste management, energy, and pharmaceutical companies. Amid the rolling hills surrounding the oak city, independent entrepreneurs and established organizations have been working together to maintain economic balance.
Raleigh’s Local Culture
Honest work and enjoyable downtime are the tempos that have kept Raleigh successful for businesses and families. Like other southern cities, life is about pacing oneself from going out to local museums, the State Fair, water sports, festivals, and family events, during time off work. The accent of Raleigh is heard in its love for pulled pork and beers. With many excellent bar-b-que restaurants to explore, Raleigh also has the world’s largest selection of on-tap brews at the Raleigh Beer Garden.
Staying Active in Raleigh
A person’s interests in a wide range of athletics are respected around the capital. Raleigh’s residents are encouraged to participate in an exercise, regardless of age. The area offers an array of physical activities from fishing, sailing, tennis, horseback riding, bicycling, to more conventional sports teams.
On a professional level, Raleigh is proud of its NHL team, the Carolina Hurricanes. There are also semi-professional sports teams in Raleigh consisting of talented athletes who are not quite nationally-rated but still above the average in skills and perseverance.
Situated where the Piedmont converges with the Atlantic Coastal plains, Raleigh’s climate hosts natural beauty and spectacular weather patterns. Raleigh has humid summers and frosty winters, with an even share of rain and sunshine throughout the year.