Cary, North Carolina
Cost of Living: Above the National
Average
Cary which is located in the Wake County, North Carolina, USA
is also the seventh largest municipality in the State. Cary enjoys
the fame of being the eighth fastest growing city in the country
which is mostly owed to the huge cornucopia of hi-flying companies
which operate in the city. You can have for example the SAS
Institute which is well known as the largest privately owned
software company in the world.
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Other companies that deserve mention here
are 3Dsolve which is a military simulation software
company which is designed to help the military personnel
train better, John Deree (world wide consumer division),
Oxford Press, Simens, etc.
Cary boasts of a population of about 120 thousand
people with about 2700 people living per square mile. The
race mix in this city has about 80% white people, about
11% Asians, about 7% Black people an the rest comprises of
Native Americans and others.
Out of the 44% (approx) that follow some or other
religious affiliation about 30% are Protestants followed
by Catholics with about 10%. The rest constitute in
different tiny measures of other Christian faiths, Jews
and Muslim. |
The economy in Cary is booming. The employment growth over the
next ten years is projected to be about 29% which is excellent by
any standards. The per capita income in this city (all heads
counted including children) is about US $40 thousand and the
average household income about US $90 thousand. At the same time
an average house in Cary would cost about US $400 thousand which
is very affordable relative to the income.
This is why you will find that only about one third of the
population here lives in rented accommodation, while the rest live
in self-owned homes.
The cost of living in this city is about 10% more than the
average US city which makes this a great place to settle.This is a
great place to live in. It is clean, has wonderful surroundings
and excellent career opportunities. The water quality in Cary is
indexed at 91 out of 100 (where the higher it is the better it is)
and the pollution index is 50 out of hundred. The comfort index
(which is based on the maximum humidity occurring during the hot
summer) is 35 against the US average of 44.
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