Research Triangle is geographically part of three anchor cities, Raleigh, Durham, and Chapel Hill. This area is popularly referred to as Research Triangle due to its proximity to three major research institutes: Duke –The University of North Carolina, North Carolina State University, and the University of Carolina Chapel Hill.
As a result, thousands of students reside in Research Triangle. However, the location is also home to the retired demographic. According to Smart Asset, Raleigh ranks in the 7th position regards to housing seniors and retirees. Let's examine why the Triangle region is ideal for post-retirement homes.
What Makes Research Triangle a Perfect Place for Retirees
There are multiple reasons for choosing Research Triangle for a post-retirement home, such as the following:
55+ Retirement Communities
Research Triangle has more than 55 retirement communities to provide a quality lifestyle. These communities offer fitness classes, healthcare facilities, and entertainment activities to care for and engage their residents. Living in one of these communities is highly beneficial for individuals who need additional help while enjoying an independent lifestyle.
Agreeable Temperatures
Later in life, it's ideal to live in an area that does not experience extreme weather conditions. Excessively hot or cold weather can cause health-related issues, as the aging body finds it difficult to maintain homeostasis.
Even though Raleigh has four distinct seasons, the temperature stays mild and tolerable for the senior population. Despite the fluctuation in seasons, the sun shines all year long, providing good weather for all kinds of activities. Fall is the most celebrated season at Research Triangle, as multiple festivals and events are held at the city center.
Low Taxes
The Research Triangle region has a favorable taxing system that can help individuals save a lot of money. At Research Triangle, you are charged 7.25% for sales tax. However, if you are buying a property in Research Triangle, the final taxing amount will be based on your selected property's location. Meanwhile, each individual has to pay a 5.25% income tax on their income/pension and additional investments.
| City | Tax Rate Per Assessed Property Value |
|---|---|
| Raleigh | 61.5 cents per $100 |
| Chapel Hill | 0.78 cents per $100 |
| Durham County | is $1.2 per $100 |
Multiple Adventure and Exploring Options
There are multiple exploring options in North Carolina, especially in Raleigh. The Smoky and Blue Ridge Mountains are a short drive away toward the western part of the city. You can take a short hike to enjoy fresh air, exercise, and connect with nature.
If you're not a big fan of mountain ranges or hiking, you can head east to gaze at the Atlantic Coastal Plain. While visiting the coast, you can enjoy taking pictures with various capes along the way.
Great Dining Experience
The Research Triangle has a vast range of eatery chains and restaurants to provide exceptional cuisines to all food lovers. Depending on your housing facility, you can walk or take a short drive to your favorite dining place.
The barbecue in Raleigh is quite famous for its elite flavor. It is extremely healthy compared to deep-fried, pan-fried, boiled, and steamed foods. Not to mention that it is also very delicious. However, you can find all imaginable cuisines in the city to satisfy your taste buds.
Golf Courses
The region has more than 20 public and private golf courses to provide unlimited golfing opportunities. Since golf is one of the popular sports and a great form of less intense exercise, the city is a great place to relocate after retirement. You can also take part in world-class golf tournaments or play one-on-one matches. Each golf course is quite close to the city, just a short drive away on the fairway.
Wrapping Up
Research Triangle is connected with Raleigh, Durham County, and Chapel Hill. It has more than 55 retirement communities, making it a perfect place for retirees. The city also has a great sunny weather year-round, which is essential for maintaining good health. To top it off, the Research Triangle is also rich with culinary talent, making it easier to satiate the appetite for multiple cuisines. So, if you’re looking for a wholesome city to enjoy the post-retirement lifestyle, find a property in the Triangle region!