Today we’re in one of the Piedmont North Carolina best places to live of Winston-Salem.
Winston-Salem ranked #70 on the Forbes’ List of the 200 Best Big Cities for Business and Careers in 2013 throughout the United States.
We’ve been traveling for weeks crisscrossing throughout South Carolina and North Carolina best places to live and already learned about so many.
- #71 Piedmont North Carolina Triad Best Places
- Smaller Upstate South Carolina Best Places
- #76 Upstate South Carolina ~ Living In Greenville
- #82 Working and Living In Coastal North Carolina
- #84 Upstate South Carolina Best Small Cities ~ Anderson
- What’s It Like Living In Piedmont South Carolina-Columbia?
- #86 ~ Columbia Piedmont South Carolina Best City
- #93 ~ Living In Burlington Piedmont North Carolina
- #99 ~ Jacksonville Coastal NC Best Place To Live
- #100 ~ What Makes Spartanburg SC Upstate Best Place
- Coastal SC Best Cities Of Myrtle Beach
- #139 ~ Can I Afford To Live In Coastal SC Myrtle Beach
- #157 ~ Rocky Mount North Carolina Jobs
- #166 ~ Sumter South Carolina Best Small Cities Jobs
- #167 ~ Florence South Carolina Best Small Cities
- #179 ~ Fayetteville North Carolina Jobs And Business
- #195 ~Hickory North Carolina Jobs And Business
Another great week and another Carolina Report!
And… I’m glad you’re here. As we continue our journey through the 2013 best places to live for business and careers throughout North Carolina and South Carolina.
If you have been with us from the beginning, you’ll remember, a total of 12 metrics were used to compile the list of Best Places to live for business and careers throughout the United States.
All 12 metrics related to job growth.
- past and projected
- costs (business and living)
- income growth over the past five years
- educational attainment (college and high school)
- projected economic growth through 2014
- migration patterns
- cultural and recreational opportunities
- number of highly ranked colleges in an area
The two areas receiving the most weighting in the overall ranking were business costs and educational attainment.
For most of us looking for our North Carolina best places to live in, we’ve made a point of researching crime rates. And often especially if you have children. Who doesn’t want to be sure they’ve decided on a North Carolina best places to live for families. A place that is safe and crime rate seems to be even higher on the list than an “educated work force.”
So, I know you might be saying…
“Bob I don’t really care about an educated work force!”
However consider this…
Jerry Szatan, a site selection consultant based in Chicago says;
“Quality of life often is overemphasized compared to operating costs and conditions, Education measures are always good. One of the fundamental building blocks in economic development is smart people. ”
Have you ever thought about that?Explore More Piedmont NC Best Places To Live
2013 Best places throughout the United States were ranked based on three factors:
- Cost of doing business
- Job growth
- Educated work force
For the past few months, we’ve been traveling through North Carolina and South Carolina.
We’re counting down and exploring the best places to live in the Carolinas on the Forbes list. And each week we take a close look at the next best big city or best small city to live in our countdown.
However, most importantly, we’re looking closely at what these rankings mean. And how they can help us decide if a North Carolina or South Carolina city is our best place to relocate or retire to in the Carolinas.
So here we are in Piedmont North Carolina best places to live exploring ~ #70 of 200, and remember that’s nationwide. I’m thinking that’s a pretty good ranking!
Winston-Salem is part of the Piedmont North Carolina Triad:
Winston-Salem has a population of 229,617, and is located in Forsyth County and serves as the county seat. And Winston-Salem is the fifth largest city in North Carolina. And once you’ve explored Winston-Salem you’ll understand why it makes it onto the list of the Piedmont North Carolina best places to live.
It’s no secret the tobacco company R.J. Reynolds has played a role in the area’s history. When you are there be sure to check out the corporate headquarters. It was the predecessor and prototype for the much larger Empire State Building in NYC.
But that was back in 1931. And although R.J. Reynolds is still there, this Piedmont North Carolina best places to live has also been named as one of the Top 10 Digital Cities in the country.
It earned this recognition as a Top 10 Digital City in the United States based on the amount of technology used by the local government. 2013 marks the 12th year in a row yet another Piedmont North Carolina best places to live has been included on the list. In 2013 Winston-Salem was ranked 6th.
So it’s really no surprise that Winston-Salem is on my list of Piedmont North Carolina best places to live. And also ranked on the Forbes list.
Let’s get back to the list of the best big cities for Business and Careers.
In terms of Education, Winston-Salem ranked #119. 85.5% of residents have obtained at least a high school education. 26.9% of residents have obtained a college education, and 8.8% of residents have obtained a graduate degree.
Nearby colleges include:
- Wake Forest University
- Salem College
- University of North Carolina School of the Arts
- Winston-Salem State University
In terms of Cost of Doing Business, Winston-Salem ranks #18.
This means it’s a prime location to start a business. It’s also perfect for small business owners who want to relocate their business to Winston-Salem. And if you want to retire and supplement your income with a business this could be on your short list of Piedmont North Carolina best places to live.
When it comes to Job Growth, Winston-Salem ranks #142.
The major industries in the area include:
- Financial services
The unemployment rate is 8.5%, which is slightly higher than the national average, but job growth is steady. As jobs continue to find their way to Winston-Salem and Piedmont North Carolina, the unemployment numbers will decline and stabilize.
Major employers in Winston-Salem include:
- Wake Forest University Baptist Medical Center – 11,750
- Novant Health – 8,145
- Winston-Salem/Forsyth Co. School System – 6,692
- City/County Government – 4,689
- Reynolds American, Inc. – 3,000
The cost of living in Winston-Salem is 6.2% lower than the national average, so it’s an affordable North Carolina best places to live.
The median annual household income is $44,999, and the median home price is $125,100, so this part of Piedmont North Carolina is highly affordable.
In addition to the affordability, living in Winston-Salem in Piedmont North Carolina, you are roughly the same distance from North Carolina Mountain best place to live Asheville a little over 2 hours west. And some of the very best beaches in North Carolina, Wilmington is only a 3 1/2 hour drive south east.
So you can hop in the car and go to whichever one you are in the mood for.
If you still want more, you can head east and shop, dine and enjoy the Piedmont North Carolina Research Triangle:
This part of Piedmont North Carolina has fairly mild weather.
July’s average temperature is 87 degrees, and January’s average temperature is 47 degrees. It can, however, get colder, as the average low in January is 24 degrees. Even though it gets cold, little snow happens in the area.
Winston-Salem is a great place if you want to live in an area with four distinct seasons, but you don’t particularly want to have to worry about snow.
That’s it for Winston-Salem and Piedmont North Carolina best places to live for this week! Join me next week to see where we’re heading.
See you in the Carolinas!
Robert Bencivenga is a professional site locator and location analyst for major corporations. Robert researches the growth of NC and SC to find the Best Places to Retire or Relocate that are still affordable.
Robert Does Not Sell Real Estate!
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