Why Retire in the Triangle* Area?
*(historically, Raleigh, Durham and Chapel Hill made up the “Research Triangle,” or “Triangle,” but that term now also encompasses Cary, Wake Forest, and many smaller area towns)
Here are what I think are the top 5 reasons you should consider retiring here:
1) HOUSING (specifically, the varietyy for retirees, and cost)
The Triangle has just about any kind of house and neighborhood you can think of, including a plethora of golf communities and a good number of active adult and maintenance-free homes with either one or one-and-a-half stories.
Houses in this area cost much, much less than what they go for in NY, NJ, CA, FL, the Washington DC area or any other major city.
If you live anywhere north or west of NC, your utility bills here will probably be half of what you pay now in the winter … and our “cold weather” lasts less than 3 months!
The springs and falls in Carolina are just glorious. And they last for months, not weeks. We get a full range of seasons here — the air gets brisk, and the leaves turn colors and fall off the trees in autumn; it gets cold (40s) and occasionally snows in winter; but the landscape becomes lush and almost tropical in the spring and summer. And no matter what month it is, the sun is never gone for very long.
The Triangle has outstanding healthcare facilities in the Duke, UNC, and WakeMed hospital centers. All are nationally recognized for excellence overall and in many specialty areas. And many retirement communities have continuing care programs on-site as well.
County and city property taxes (combined) in the NC Triangle area are just a small percentage of a home’s assessed value:
Raleigh/Cary/Apex - max 1%
Durham - 1.4%
Chapel Hill – 1.6%
5) THINGS TO DO
The Triangle area has an almost embarrassing wealth of things to do — from golf to the performing arts to fairs and festivals, we have it all. We have two big lakes and wonderful state parks for recreation, lots of college and some professional sports to watch, fabulous weekly flea and farmer’s markets, and several nice malls for shopping. Duke University, NC State and UNC Chapel Hill pull in wonderful speakers, musicians and other performers, all open to the public. Request a relocation package from me and you can read about all there is to do …