NC Research Triangle Park Area Information
Welcome to Raleigh and Research Triangle, North Carolina (NC)
Nestled among the native long-leaf pines in the heart of North Carolina, the Tar Heel State, lies a band of progressive, prosperous communities with a quality of life second to none. A quality of life that has landed Raleigh and the family of communities that make up the NC Research Triangle region of North Carolina among the nation’s best places to live, start a business, raise a family, and earn a world-class education.
The NC Research Triangle, or Triangle, as we like to call our area of North Carolina NC, gets its name from our geographic region anchored by North Carolina State University in Raleigh, Duke University in Durham, and the University of North Carolina in Chapel Hill – three of the nation’s top research universities. At the center of our region is Research Triangle Park, the nation’s largest planned research development community where you’ll find some of the world’s largest corporations as well as promising start-ups, working side-by-side.
Raleigh and its neighboring communities, of Durham and Chapel Hill, are centrally located both within North Carolina NC and along the East Coast of the United States and boast a thriving business community, active arts population, and a quality of life that has consistently been ranked among the best in the country… but don’t take our word for it. The Best Place to Live and Work in the Nation… the Best Business Climate… the Best Place in the US for Educational Opportunities… these are just a few of the many national and international accolades that Raleigh and the Research Triangle of North Carolina NC have received from publications that include Money, Fortune, and Time magazines.
But we are about more than national accolades, recognition, prosperity and growth. At the heart of these rankings you’ll discover unique neighborhoods and a family of communities steeped in tradition and history with a rare blend of diverse people from every corner of the globe. Perhaps our best spokespeople are our residents. A recent survey showed an astounding 96 percent of newcomers with children said they would move to the Research Triangle area again if they had it to do all over. And unlike most metro areas in the US, Raleigh and the Triangle have all the amenities of big-city life without the high cost of living.
Learn more about the unique demographic characteristics and the real estate market conditions of the Research Triangle area by contacting the Raleigh Real Estate Exclusive Buyer’s Agecy FOR HomeBUYERS team at: (919) 878-1110 or text 919-219-9878.
- 7,000 total acres
- 8 miles long, 2 miles wide
- 131 organizations are located in the Research Triangle Park
- 100 research and development-related organizations
- Approximately 50% of the employees in the Research Triangle Park work for multinational corporations
Research in a wide variety of fields, including:
- An estimated 38,000 full-time employees work in RTP (About 44,000 including contract employees)
- 99.4 % of employees work for R&D related organizations
- Almost 40% of Park employers have less than 10 employees
- The average salary of an RTP employee is $56,000
- Development surpasses 19 million square feet
- Capital investment exceeds $2 billion
- Total payroll is estimated at $2.7 billion