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Retire in Cary, North Carolina?
Overview: Cary is in north central North Carolina and is often noted for its high quality of life. It is in the middle of a region called The Triangle, which is anchored by Durham, Raleigh and Chapel Hill.
Each of these cities is home to a university (North Carolina State University in Raleigh, the University of North Carolina in Chapel Hill, and Duke University in Durham), making this area a progressive place with particularly well-educated residents, including professionals, academics, scientists and other white collar workers. Cary has been dubbed the "Technology Town of North Carolina," thanks its parking space app, "smart" water meters and more. Residents enjoy a variety of very good restaurants (locally owned and chains) and attractive shopping venues, including the Cary Towne Center and Waverly Place, which has a Whole Foods. There are also several farmers' markets. The Cary Arts Center has a music series and art classes, and the city hosts two dozen events and festivals each year. Cary is also bicycle friendly.
Nearly 40 greenways and more than two dozen parks add to Cary's appeal. A variety of home styles dot established, tree-lined neighborhoods and sleek new subdivisions.
Population: 160,000 (city proper)
Age 45 or Better: 35%
Cost of Living: 15% above the national average
Median Home Price: $385,000
Climate: This area has a humid subtropical climate. Summer temperatures are in the 80s and 90s, and winter temperatures are in the 20s, 30s and 40s. On average, the city receives 48 inches of rain and five inches of snow per year.
At Least One Hospital Accepts Medicare Patients? Yes
At Least One Hospital Accredited By Joint Commission? Yes
Public Transit: C-Tran and Triangle Transit provide bus service and there is a door to door service.
Crime Rate: Well below the national average
Public Library: Yes
Political Leanings: Liberal
College Educated: 65%
Is North Carolina Considered Tax Friendly for Retirement? Somewhat
Notes: Cary has grown by 25% in the last decade.
Recommended as a Retirement Spot? Yes
"Esse quam videri" is the motto of North Carolina, also known as the Tar Heel State. It was the 12th state to be admitted to the Union, joining the other states on November 21, 1789. North Carolina was also one of the Thirteen Colonies and was originally named the Province of Carolina. It was the second to the last state to declare its secession from the Union during the Civil War.
The state is situated in the Southeastern region of the United States and is bordered by South Carolina, Georgia, Tennessee and Virginia. The capital is Raleigh, but the largest city is Charlotte.
The historical people of North Carolina include the Chowanoke, Roanoke, Pamlico, Coree and Cape Fear Indians. The Revolutionary War impoverished the state of North Carolina for several years.
Charlotte is on a rapid growth streak thanks to its banking industry. North Carolina is also home to several universities, including the University of North Carolina, Duke University and North Carolina State University.
The state hosts more than 80% of the NASCAR racing teams and is the site of the Charlotte Motor Speedway. The Carolina Panthers represents North Carolina in the National Football League, and the Charlotte Bobcats play in the National Basketball Association.
Population - 10,147,788
Persons 65 years old and over - 16%
High school graduates, age 25+ - 86%
Bachelor's degree or higher, age 25+ - 25%
Persons of Hispanic or Latino origin - 10%
White persons, not Hispanic - 63%
Median household income - $46,868
Median home value - $162,500
Social Security taxed? No
Source: U.S. Census Bureau
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