The capital of North Carolina, Raleigh, is well established
in the Life Sciences industry and is the home to some of the biggest
bio-pharmaceutical projects and companies in the USA. But what else does it
have to offer?
A life science hub
Raleigh is famous for its ever-growing Research Triangle Park (the largest research
park in the United States), which obtained its nickname from the three research
universities that anchor the triangle: Duke, North Carolina State and University of Carolina Chapel Hill.
The RTP is reportedly home to approximately 75% of life
science companies in North Carolina. So, it’s not surprise that Raleigh is a
hub for pharmaceutical projects, research and development. Making it the
ultimate place to live for Life Science professionals working at the Research
Triangle Park.
It’s not just the RTP that is buzzing with pharmaceutical
and biotech companies, within the state of North Carolina there is over 600
life science companies and the Raleigh-Durham area is recognised as one of
the top global hubs for Life Science
innovation and the Life Sciences employment in the area has grown
12% over the last three years.
Location
Raleigh is located centrally on the East Coast of the US and
is the capital of North Carolina, considered part of a cluster of states
considered America’s south. Neighbouring city Durham is only 29 miles away and
is one of the three points of the Research Triangle Park.
The state of North Carolina is lucky enough to be sandwiched
between beautiful coastline and mountains. Which makes for breath-taking views
across the state, including Raleigh.
Cost of living
Compared to other major US life science hubs like Boston and
San Francisco, the cost of living is lower and in fact it is 2% lower
than the state average and 6% lower than the national average.
When it comes to rent or buying a property you will be
looking at a slightly higher state average but still lower than the national
average with the monthly rent sitting at $1,631 and home price at $334,850.
So much to do
Just like the state of North Carolina, its capital isn’t
short of beautiful outdoor spaces including trails and state parks, providing
so many opportunities for hiking and cycling but if that’s not your thing
there’s plenty more on offer.
Maybe a trip to the beach is more your thing, Wrightsville
Beach is 2 hours away. This beach has warm water for 7/8 months of the year and
was voted one of the World’s
20 Best Surf Towns by National Geographic, making it a perfect destination
for surfers.
