Today we’re taking a closer look at Living In Burlington Piedmont North Carolina. But before we do let’s recap what we’re doing.
I know it’s a busy time of year so if you didn’t get a chance to read them all don’t worry I’ve listed them below.
Anyways, we’re taking a closer look at each of these larger and smaller cities one by one countdown style. Saving the best for last of this series. So stay with me.
Last week, we took a closer look at #99 Coastal Jacksonville North Carolina. Shortly after publication I received an email from a subscriber sharing that her son was stationed in Jacksonville and his experience with the locals was less than desirable. I appreciate the feedback and think it is important you also have this information.
I could tell you what determines for me if a city or town is a best place to live is stats. And that would be mostly true. However, none of us want to relocate or retire to an area where the people are NOT welcoming and friendly. And its important that we all share information and experiences we may have with each other.
So thank you for writing me and please if you have any information that would be helpful please let me know.
Having said that, we don’t always have the luxury of having feedback. And in most instances information you are going to gather from the internet is going to be statistical or information painted in the best light possible.
So part of the due diligence for all of us before we make our move is to do our best to visit our possible best places to live. Spend a bit of time and act as if you live there already and see for yourself. There is no way around that. Yes it is going to require a bit of time and money but it will more than pay off in the long run.
Okay so enough with my …..ranting!
#93 Burlington Piedmont North Carolina.
And yes, Burlington is also on my list of one of the best places to live in Piedmont North Carolina. Burlington has a population of around 51,577.It is part of Alamance County, which has a population 153,920.
Burlington is a perfect small city for people who still want to be close to the action, services and amenities that bigger cities offer. And if you are relocating it’s a great smaller city and still within commuting distance to work in any of the larger cities.
The list of Best Places for Business and Careers ranks each city overall, and it also ranks each city based on:
- cost of doing business
- job growth
Burlington ranks at #30 in the cost of doing business. What I haven’t mentioned today is the list consists of 200 small cities and 200 large cities throughout the United States.
So #30 for the cost of doing business out of 200 is a pretty high ranking. This relatively high ranking means it will not cost you much to start and maintain a business in the area compared to other areas in the U.S..
If your dream is to have your own business, Burlington would be a great small city to start one in terms of the cost of running the business. Of course making sure there is a market for it is another conversation.
Burlington comes in at #114 for education which means:
- 80% of residents have attained a high school diploma
- 9.7% have a college degree
- 5.9% of residents have attained a graduate degree
While #114 is certainly not the bottom of the list, it is definitely closer to the middle of the pack. You’ll have to make your own determination as to how important education of residents in your best place to live is to you.
Burlington ranks #134 for job growth. Though this number is lower than other cities on the list, job growth is coming to the area. The job growth in Burlington may just not as bouncing back as quickly as it is coming to other cities. Remember this is throughout the entire country not just North Carolina.
In 2012, Burlington saw a 1.5% growth in jobs, and is projected to see a 1% annual job growth increase. The unemployment rate hovers at around 9.0%, which is higher than the national average which as of today is 7%. A 5 year low (the national average that is)!!!
However depending upon if you are relocating or retiring to this area, this may not be an issue for you. As new jobs continue to come to the area because of growth, we will slowly start to see the unemployment numbers decline
The major industries in Burlington are bio-science, health care, and education. The largest employer is LabCorp, Inc. The main headquarters are there, along with several other research and testing facilities.
The company employs about 3,000 people across the county. Other large employers in the area include the Alamance-Burlington School System, Alamance Regional Medical Center, Inc., and Elon University. Manufacturing is still a good industry in the area, though it is not as prominent now as it once was.
The cost of living at 12% below the national average, so Burlington is an incredibly affordable city to live.
The median household income is $42,004, and the median home price is $113,000. While buying a home is more affordable in Burlington compared to many areas in North Carolina and South Carolina, as well as the United States, if you’re not into the idea, that’s okay, too!
About 40% of people who live in Burlington rent their homes, and there is a booming rental market, consisting mostly of townhomes and single-family units.
Overall, these numbers show Burlington is a very affordable Piedmont North Carolina small city. And is in the position to grow significantly in the coming years.
Burlington is a small city that offers the convenience of large city living and small town comfort.
See You next week as we continue our countdown of the Best Places for Business and Careers in the Carolinas. Until then…..have a great week!
Carolina Reports – Best Places for Business and Careers
Bob Bencivenga is a professional site locator and location analyst for major corporations. Bob researches the growth of NC and SC to find the Best Places to Retire or Relocate that are still affordable.
Bob Does Not Sell Real Estate!
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