Research Triangle Regional Data Book
Transcription
Research Triangle Regional Data Book
Smarter all around.™ table of data contents book Databook Introduction/Contact Information Corporate Relocation Services Executive Summary Rankings Taxes & Incentives Labor-Management Relations Local Property Tax Personal Income Tax Corporate Tax Rates 4 5 6 8 12 13 14 14 Livability Climate16 Public Safety 16 Health Care 17 Culture18 Recreation & Sports 20 Major Retail Centers 21 Libraries22 Newspapers22 Radio & Television Stations 23 Economy Retail Sales 26 Cost of Living 26 Development27 Industry Base 28 Demographics County Population Municipal Population Population Growth Trends Population Characteristics Education Attainments Population Diversity Regional Community Household Characteristics Income Measurements 32 33 35 36 37 38 38 39 40 Workforce Labor Climate & Labor Force Employment & Unemployment Wages & Salaries Workers’ Compensation & Unemployment Insurance 44 45 47 48 Education College & University Enrollment 50 North Carolina State University 50 University of North Carolina at Chapel Hill 50 Duke University 50 Other Colleges & Universities 51 Quality of Universities 52 University Placement Services 52 Community Colleges 53 Public Schools 55 Public School Quality 57 Private Schools 58 International & Charter Schools 60 Infrastructure Water & Sewer 62 Natural Gas 62 Telecommunications62 Electricity63 RDU International Airport 64 Highways65 Freight Railway Service 65 Public Transportation 66 Ports66 Properties Wake County Properties Construction Costs Research Triangle Park Centennial Campus 68 70 70 71 2012 2011 – 13 12 Research Triangle Regional Data Book 2 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ data book Introduction4 Contact Information 4 Corporate Relocation Services 5 Executive Summary 6 Rankings8 2012 – 13 Research Triangle Regional Data Book introduction The Research Triangle Regional Data Book summarizes statistics on the eight counties in the Research Triangle area of North Carolina: ~ Chatham ~ Durham ~ Franklin ~ Harnett ~ Johnston ~ Orange ~ Person ~ Wake These eight counties comprise the official Raleigh-Durham-Cary Combined Statistical Area. This data book also includes MSA-level data, county-level data, and limited municipal-level data for the individual communities within the eight counties. For questions about the data book or to acquire additional information on individual counties, contact Wake County Economic Development, a program of the Greater Raleigh Chamber of Commerce. contact information Wake county economic development PO Box 2978 800 S. Salisbury St. Raleigh, NC 27602 Phone: 919.664.7000 Fax: 919.664.7099 www.raleigh-wake.org kenneth M. atkins, cecD Executive Director 919.664.7041 [email protected] kelly Maness Research Manager 919.664.7066 [email protected] Jennifer Bosser Assistant Executive Director 919.664.7045 [email protected] austin Rouse Research Assistant 919.664.7047 [email protected] James sauls Director Raleigh Economic Development 919.664.7049 [email protected] Brittany cheatham Marketing Assistant 919.664.7071 [email protected] Michael haley Project Manager 919.664.7042 [email protected] Wayne Watkins Project Manager 919.664.7043 [email protected] 4 2012 – 13 ReseaRch TRiangle Regional DaTa Book Brenda kalavsky Operations Coordinator 919.664.7048 [email protected] Corporate Relocation Services Wake County Economic Development, a program of the Greater Raleigh Chamber of Commerce, is your best resource for a full range of site location services and market information. One of our economic development specialists is available to assist you on a completely confidential basis. Available Site and Building Inventory WCED provides the most comprehensive and up-to-date inventory of available sites, buildings, and office space in the Raleigh/Wake County area. We can contact property owners on your behalf, allowing you to maintain your confidentiality. Statistics and Research Our research department maintains the latest economic and demographic profiles of the area, including extensive computer databases of statistical information about the area’s economy and lists of major employers, manufacturers, and new and expanding companies. Community Briefing and Tour If you are visiting our area for the first time, we offer you a time-saving, concise executive briefing to orient you to the geography, economy, and demographics of the area. We also provide a customized “windshield tour” of the area, which includes sites, buildings, suburban development centers, residential neighborhoods, and amenities or other points of interest so that your visit will be efficient and productive. We will also arrange your appointments, schedule tours, and assist with travel and accommodations arrangements. Visitation Itineraries We identify and help arrange confidential appointments for you with professionals and community leaders who will provide facts and information to support your needs. ~ ~ ~ ~ ~ ~ Real Estate Brokers and Developers Property Owners Major Employers Existing Industry Employment Security Commission Technical College Representatives ~ ~ ~ ~ ~ ~ University Officials Local Utility Representatives Bankers or Venture Capital Representatives Contractors State and Local Regulatory Agencies Public Officials Corporate Executive and Employee Briefing We can conduct a briefing at your company’s home location or serve as the hosts here in Wake County, no matter what your company size. As economic development professionals, we understand your need for confidentiality, speed, accuracy, and objectivity. Employee Relocation Assistance Our staff will work with corporate relocation specialists, residential real estate professionals, the Wake County school system, and others to help your employees make a smooth transition to the Wake County area. Post Relocation Service We will help you benefit from being a member of the greater Raleigh/Wake County community by introducing your corporate executives to the community, identifying vendors to supply your business needs, and improving your productivity and performance. Work In the Triangle Wake County Economic Development, in partnership with our regional economic development organizations, including the Greater Raleigh Chamber of Commerce, Competitive EDGE4, Greater Durham Chamber of Commerce, Orange County Economic Development, Chapel Hill – Carrboro Chamber of Commerce, Research Triangle Foundation, and the Research Triangle Regional Partnership, has begun laying the groundwork for a proactive talent initiative, called “Work in the Triangle, Smarter From Any Angle.” The campaign’s goal is to showcase the Triangle nationally and internationally as one of the top destinations for talented professionals in the next five years. 5 2012 – 13 Research Triangle Regional Data Book Executive Summary The Research Triangle—a 3,480-square-mile geographic region anchored by Raleigh, Durham, and Chapel Hill—has been consistently ranked among the nation’s best places to live, work, raise a family, and earn a world-class education by renowned national publications such as Money, Forbes, FORTUNE, and Entrepreneur. A strong and diverse economic climate, high quality of life, skilled workforce, and highly acclaimed academic institutions are just a few of the reasons why. Quality of Life Centrally located between the majestic Blue Ridge Mountains to the west and the legendary Outer Banks and Atlantic coast to the east, the Triangle enjoys a favorable climate year-round. Tropical air in the summer and mild temperatures in the winter keep the mean annual temperature a comfortable 60 degrees. While the Triangle is closely associated with a thriving economy or NCAA national championship basketball teams, Raleigh, Durham, Cary, and Chapel Hill boast full and diverse menus of art, music, and other cultural treasures. Theatrical performances grace stages throughout the area, and a number of performing arts groups showcase their talents in outdoor venues and amphitheaters. The area is also brimming with some of the finest museums in the Southeast. With two of the nation’s top medical teaching and research hospitals and a host of high quality community hospitals, the region is also home to world-class medical care. Prosperous Business Climate Anchored by one of the nation’s largest research parks and three nationally renowned research universities, the Research Triangle area consistently ranks among the nation’s best economies year after year. Industry giants in pharmaceuticals, computer software, telecommunications, and biotechnology dot the landscape in spacious campus-like environments, helping to fuel thriving retail sales and entrepreneurial success. The metro area’s economic success is most evident in the rising incomes of its residents. The region’s per capita income has long outstripped the state’s per capita income, and this strong economic performance is projected to continue to increase over the next 15 years. Growing Blend of People and Cultures Approximately 57 people per day make this area their home, positioning the Research Triangle region as one of the fastest-growing metro areas in North Carolina since 1990. At the heart of the region’s success lies a diverse and growing blend of people and cultures from every corner of the globe. The region’s quality growth and ability to mix native traditions and newcomer influences have shaped a population full of vitality, diversity, and prosperity. Highly Educated and Diverse Workforce With a diversified and prosperous business climate and an environment attractive to tomorrow’s technology, the Triangle boasts one of the most highly educated and diverse workforces in the nation. With more than 45 percent of its 25-or-older population holding a bachelor’s degree or higher, it’s no wonder that Rent.com magazine ranked Raleigh as one of the best cities for new college grads. The manufacturing sector in the Triangle area, employing more than 78,000 individuals, is also very diverse with no dependency on any single industry. Businesses in the area manufacture a vast array of products such as computers, medical devices, food products, communications and electrical equipment, precision fabricated metal products, and industrial machinery. The Triangle area has had consistently low unemployment rates accompanied by high rates of job growth. The area’s unemployment rate is consistently below the statewide unemployment rate as well as the national rate. 6 2012 – 13 Research Triangle Regional Data Book Making the Grade Since the formation of the University of North Carolina at Chapel Hill in 1793 as the nation’s first public university, education has played an important role in the life of the region’s residents. Today the Triangle is home to 10 quality colleges and universities, including a trio of the nation’s most prominent institutions: North Carolina State University in Raleigh, Duke University in Durham, and The University of North Carolina at Chapel Hill. In addition to universities and junior colleges, the region’s community colleges offer a variety of educational opportunities tailored to meet the needs for those pursuing technical careers as well as businesses seeking a specially-trained workforce. Public schools in each of the area’s seven school districts also continue to earn high marks, outperforming school districts across the state and nation in end-of-course and proficiency tests, SAT scores, and other performance-measuring criteria. All the Right Connections Whether it’s Raleigh-Durham International Airport bringing the world to its doorstep, major highways and interstates placing the region within two days’ trucking time of 60 percent of the nation’s industrial base, or major sea ports less than three hours away, the Triangle is strategically located in the heart of it all. The region is also home to some of the most innovative and recognized business parks and properties in the world. From Research Triangle Park, the first planned research park of its kind in the U.S., to North Carolina State University’s Centennial Campus, a model partnership between business, government, and higher education, the quality of properties and sites in the Research Triangle area is rarely equaled anywhere in the country. Raleigh-Durham International Airport Located five miles east of Research Triangle Park in Wake County, the Raleigh-Durham International Airport provides efficient and cost-effective travel options for the Triangle. 7 2012 – 13 Research Triangle Regional Data Book rankings (as of 5.31.13) The Research Triangle area has had a tremendous share of national publicity in recent years. 2013 ~Top 10 City for Newlyweds to Live and Work In (Raleigh,NC) Forbes | May 2013 ~#9 Best City to Raise a Family in America (Raleigh, NC) Movoto | May 2013 ~#15 Fittest City in the U.S. (Raleigh, NC) American College of Sports Medicine | May 2013 ~#4 Life Science Cluster in the U.S. (Raleigh-Durham, NC) Jones Lang Lasalle | May 2013 ~#8 Big City Winning the Battle for Information Jobs (Raleigh-Cary, NC) Forbes | May 2013 ~#8 Best Big City for Women in the Workforce (Raleigh-Cary, NC) Nerd Wallet | May 2013 ~#11 Best City for Jobs in 2013 (Raleigh-Cary, NC) Forbes | May 2013 ~#8 Largest Increase in Jobs from 2011 – 2012 (Raleigh-Cary, NC) U.S. Bureau of Labor Statistics May 2013 ~#3 American Boomtown (Raleigh-Cary, NC) Bloomberg | April 2013 ~#4 Best City for Young Entrepreneurs (Raleigh, NC) Nerd Wallet | April 2013 ~#2 Best City to Start a Business (Raleigh, NC) Nerd Wallet | April 2013 ~#7 Best Regional Airport in North America (Raleigh-Durham International Airport) World Airport Awards | April 2013 ~Top 10 City for Business in 2013 (Raleigh-Durham, NC) Thumbtrack.com | April 2013 ~#5 City People Are Moving To (Raleigh-Cary, NC) The Fiscal Times | April 2013 ~#7 Fastest Growing City in America in 2012 (Raleigh, NC) U-Haul | April 2013 ~#10 City for Business Growth in 2012 (Raleigh, NC) MarketWatch/The Wall Street Journal April 2013 ~#8 Mid-Sized American City of the Future for 2013/14 – Economic Potential (Raleigh, NC) fDi Intelligence | April 2013 8 2012 – 13 Research Triangle Regional Data Book ~#2 Mid-Sized American City of the Future for 2013/14 – Human Resources (Raleigh, NC) fDi Intelligence | April 2013 ~#8 Small American City of the Future 2013/14 – Economic Potential (Cary, NC) fDi Intelligence | April 2013 ~#10 Small American City of the Future 2013/14 – Human Resources (Cary, NC) fDi Intelligence | April 2013 ~#2 Safest Major Metro in the U.S. (Raleigh-Cary, NC) Gallup | April 2013 ~#8 Business-Friendly Metro in U.S. (Raleigh-Durham, NC) Governing.com | April 2013 ~#10 Best Place for Young Adults (Raleigh, NC) Bizjournals.com | March 2013 ~#1 Healthiest County in NC (Wake County, NC) CountyHealthRankings.org March 2013 ~#1 Fastest Growing City in the U.S. (Raleigh, NC) Forbes | March 2013 ~#2 Medium Sized City for Young Entrepreneurs (Raleigh, NC) under30ceo.com | March 2013 ~Best Cities for New College Grads in 2013 (Raleigh, NC) Rent.com | March 2013 ~#3 Fastest Growing Large Metro (Raleigh, NC) The Atlantic Cities | March 2013 ~#13 Fastest Growing Metro (Raleigh-Cary, NC) U.S. Census Bureau | March 2013 ~#4 City for Life Science Companies (Raleigh-Durham, NC) Area Development Magazine March 2013 ~#6 U.S. Destination for a Value Vacation (Raleigh, NC) Hotwire | March 2013 ~#1 Least Congested Major Metro in the U.S. (Raleigh-Durham, NC) Texas A&M Transportation Institute February 2013 ~#8 City for Women Entrepreneurs (Raleigh, NC) Nerd Wallet | February 2013 ~#9 Best City to Call Home (Raleigh, NC) Improvement Center | February 2013 ~#2 Place to Start a Business in 2013 (Raleigh, NC) National Federation of Independent Business | February 2013 ~#4 Life Sciences Cluster Metro in U.S. (Raleigh-Durham, NC) Jones Lang LaSalle | February 2013 ~#4 City Winning the Battle for the Fastest Growing High-wage Sector In U.S. (Raleigh-Cary, NC) New Geography | February 2013 ~#4 Best City for Small Business (Raleigh-Cary, NC) The Business Journals February 2013 ~#4 City Winning the Battle for America’s Biggest Growth Sector (Raleigh-Cary, NC) Forbes | February 2013 ~#8 Metro with the Largest Share of College Grads in Suburbs (Raleigh-Durham-Chapel Hill, NC) Atlantic Cities | January 2013 ~#10 Overall Jobs Increase in Private-Sector Employment Since Recession (Raleigh, NC) U.S. Bureau of Labor Statistics January 2013 ~#2 Increase in Clean Economy Jobs 2003 – 2010 (Raleigh, NC) Brookings Institution | January 2013 ~#5 America’s New Tech Hot Spots (Raleigh-Cary, NC) Forbes | January 2013 ~#14 Best City for Men (Raleigh, NC) Men’s Health | January 2013 ~#6 Best Value in Public Education (North Carolina State University) Princeton Review/USA Today February 2013 2012 ~#11 Best Patenting Rate (Raleigh-Cary, NC) Brookings Metropolitan Policy Program | February 2013 ~#1 Increase in Population of Children Under Age 15 from 2000 – 2010 (Raleigh-Cary, NC) New Geography | December 2012 ~#1 Best Public College Value (University of North Carolina at Chapel Hill) Kiplinger’s Personal Finance January 2013 ~#1 Place to Raise Kids in North Carolina (Holly Springs, NC) Bloomberg Businessweek December 2012 ~#11 Healthiest City for Women (Raleigh, NC) Women’s Health | January 2013 ~#1 City for Biggest Gains in Home Sales in 2012 (Raleigh-Durham NC) RE/MAX | January 2013 ~#1 Metro for Housing Construction Permits in 2012 (Raleigh-Cary, NC) U.S. Census Bureau/Trulia January 2013 ~#9 Hot City for IT Jobs in 2013 (Raleigh, NC) Modis | January 2013 ~#10 Best City to Find an IT Job (Raleigh, NC) CIO.com | January 2013 ~#7 Best Run City in America (Raleigh, NC) 24/7 Wall Street | January 2013 ~#1 Family Friendly City in U.S. (Raleigh, NC) Human Life Project | January 2013 ~#4 Fastest Growing City in America (Raleigh-Cary, NC) Forbes | January 2013 ~#1 Metro with the Largest Share of College Grads in the Center City (Raleigh-Durham-Chapel Hill, NC) Atlantic Cities | January 2013 ~#2 in Population Growth from 1985 – 2011 (Raleigh-Cary, NC) Federal Deposit Insurance Corp January 2013 ~#3 Best-Performing City for Creating & Sustaining Jobs & Economic Growth (Raleigh-Cary, NC) Milken Institute | January 2013 ~#8 Largest Growth Increase in Private-Sector Employment Since Recession (Raleigh, NC) U.S. Bureau of Labor Statistcs January 2013 ~Best Place in North Carolina for Veterans (Raleigh-Cary, NC) USAA & Military.com November 2012 ~#7 Best City for Job Growth (Raleigh-Cary, NC) New Geography | November 2012 ~#2 Growth among Large Community Colleges (Wake County, NC) Community College Week November 2012 ~#2 Fastest Growth Rate of Largest Metros (Raleigh-Cary, NC) New Geography | November 2012 ~#10 in Private-Sector Employment Gain Last Five Years (Raleigh, NC) Bizjournals.com | November 2012 ~#4 Youngest Housing Stock (Raleigh-Cary, NC) U.S. Census Bureau November 2012 ~#16 U.S. City that is Growing Right Now (Raleigh, NC) Business Insider/ Brookings Global MetroMonitor November 2012 ~#3 Easiest City to Find a Job (Raleigh, NC) Forbes | November 2012 ~#4 Best Job Market (Raleigh, NC) Indeed.com | November 2012 ~#8 Increase in Private Sector Employment (Raleigh, NC) Bizjournals.com | November 2012 ~#9 Competitive Metro (Raleigh-Cary, NC) TheAtlanticCities.com November 2012 9 2012 – 13 Research Triangle Regional Data Book rankings (continued) ~#7 City for Job Growth (Raleigh, NC) BusinessInsider.com | October 2012 ~#14 Best City for Working Mothers (Raleigh, NC) Forbes | October 2012 ~#8 Mid-Size Metro for College Students (Raleigh-Cary, NC) American Institute of Economic Research College Destinations Index October 2012 ~#4 Large Metro with Highest Rate of Economic Growth, 2001–2010 (Raleigh-Cary, NC) The Atlantic Cities | October 2012 ~ #2 Best Place for Business and Careers (Raleigh, NC) Forbes.com | June 2012 ~ #6 of America’s Leading High-tech Metros (Raleigh-Cary, NC) TheAtlanticCities.com | June 2012 ~ A Top 8 City with Surprising Job Growth (Raleigh, NC) Kiplinger.com | June 2012 ~ #7 Best Bang For Your Buck City (Raleigh-Durham, NC) TheFiscalTimes.com | June 2012 ~#8 Hot Spot for Technology Jobs (Research Triangle, NC) Bright Labs | October 2012 ~ A Top 10 Beer City (Raleigh/Durham, NC) IDCocktails.com | June 2012 ~#2 Telecommuting City (Raleigh-Cary, NC) New Geography | September 2012 ~ #6 Best City for a Happy Marriage (Raleigh-Durham, NC) RealAge.com | June 2012 ~#18 Best City in America (Raleigh, NC) Bloomberg Businessweek September 2012 ~ ~ #1 Market for Retail Job Growth (Raleigh, NC) American City Business Journals September 2012 ~ #14 Large Metro for Fashion Designers (Raleigh-Cary, NC) The Atlantic Cities | September 2012 ~#5 for Eco-Friendly Services (Raleigh, NC) Thumbtack.com | August 2012 ~#21 Smartest City (Raleigh-Durham, NC) TheDailyBeast.com | August 2012 ~ #4 “Tech-Twenty” City (Raleigh-Durham, NC) CBRE | August 2012 ~ #3 U.S. Cities Getting Smarter the Fastest (Raleigh, NC) Forbes.com | August 2012 ~ #1 Best Quality of Life (Raleigh, NC) Business Facilities Magazine July/August 2012 ~ #2 Fastest Growing City (Raleigh, NC) Business Facilities Magazine July/August 2012 ~ #6 Economic Growth Potential (Raleigh-Cary, NC) Business Facilities Magazine July/August 2012 ~ #3 Fastest Growing American City (Raleigh-Cary, NC) HuffingtonPost.com | August 2012 ~ #5 Most Eco-Friendly City (Raleigh, NC) Thumbtack.com | July 2012 ~ #6 Hottest American City of the Future (Raleigh, NC) Yahoo Finance | June 2012 #8 Most Affordable City Worth Visiting This Summer (Raleigh, NC) Kiplinger.com | June 2012 ~ #3 Best City for Jobs This Summer (Raleigh-Cary, NC) Forbes | June 2012 ~ #9 Best City for Technology Jobs (Raleigh-Cary, NC) Forbes | May 2012 ~ #7 Metro with Most College-Educated Residents (Raleigh-Cary, NC) Brookings Metropolitan Policy Program | May 2012 ~ Named a Top Ten City for Recent College Graduates (Raleigh-Durham, NC) Rent.com | May 2012 ~ #7 Best City for Jobs (Raleigh, NC) Forbes.com | May 2012 ~#8 City for Real-Estate Investors (Raleigh, NC) MarketWatch-Wall Street Journal April 2012 ~ #2 in Small Business (Raleigh, NC) Bizjournals.com | April 2012 ~ #15 Most Peaceful Place in U.S. (Raleigh-Cary MSA) The Atlantic Cities | April 2012 ~ #5 Best City for Raising a Family (Raleigh, NC) Forbes | April 2012 ~ #6 Fastest-Growing American City (Raleigh, NC) Forbes | April 2012 ~ #2 Most Organized U.S. City (Raleigh, NC) doxo.com | April 2012 ~ #1 Healthiest County in NC (Wake County, NC) CountyHeatlthRankings.org March 2012 For an updated list of rankings visit our website at www.raleigh-wake.org. 10 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ taxes Labor-Management Relations 12 Local Property Tax 13 Personal Income Tax 14 Corporate Tax Rates 14 2012 – 13 Research Triangle Regional Data Book Labor – Management Relations North Carolina is one of 24 states with a “right-to-work” law. The General Assembly has declared it to be the public policy of the state that “The right to live includes the right to work. The exercise of the right to work must be protected and maintained free from undue restraint and coercion. It is hereby declared to be the public policy of North Carolina that the right of persons to work shall not be denied or abridged on account of membership or non-membership in any labor union or labor organization or association.” Closed shop and union shop agreements are illegal and void. An employer may not require an employee to join a union, nor may an employer require an employee to refrain from joining a union. The employer may not require an employee to pay dues to any labor organization, whether or not the employee is a member. The membership rate in unions in North Carolina is among the lowest in the nation at 2.9 percent (2012) of employees. Capital Associated Industries, a large and very effective North Carolina-based employer association, supports the positive labor management relations in the area. CAI provides its members with a variety of services and resources. Those include management education, employment regulation compliance, compensation surveys, newsletters, and much more. No Local Income Tax There are no local income taxes levied by city and county governments in North Carolina. 12 2012 – 13 Research Triangle Regional Data Book Local Property Tax County and city property tax rates are shown below. In addition to the county rates shown, property owners within the Research Triangle Park pay a special Research and Production Service District property tax that goes to support special projects and services within the park as decided by an advisory committee of RTP owners and tenants. Funds have been used to provide paved biking and jogging trails, recreation fields, and landscaping. The rate for this special tax is $.03739 for landowners in the Durham County portion of the park and $.03582 for landowners in the Wake County section. However, property owners within the RTP do not pay any city property taxes. 2011-2012 Local Property Tax Rates (Per $100 assessed valuation) Wake County $.534 Apex$.390 Cary$.330 Fuquay-Varina$.385 Garner$.490 Holly Springs $.435 Knightdale$.410 Morrisville$.3665 Raleigh$.328 Rolesville$.440 Wake Forest $.510 Wendell$.490 Zebulon$.5125 Additional Special District taxes range: $.0427 – .140 Chatham County $.6219 Cary$.330 Goldston$.190 Pittsboro$.3673 Siler City $.450 Additional Special District taxes range: $.06 – .1082 Durham County City of Durham Additional Special District taxes range: $.7444 $.5675 Johnston County $.780 Benson$.530 Clayton$.5250 Four Oaks $.330 Kenly$.530 Micro$.450 Pine Level $.440 Princeton$.540 Selma$.510 Smithfield$.570 Wilson’s Mills $.310 Additional Special District taxes range: $.010 – .019 Orange County $.8580 Carrboro$.5894 Chapel Hill $.4940 Hillsborough$.680 Mebane$.470 Additional Special District taxes range: $.035 - .184 Person County $.7000 Roxboro$.614 Source: North Carolina Department of Revenue www.dor.state.nc.us $.036 – .250 Franklin County $.8725 Bunn$.690 Franklinton$.700 Louisburg$.535 Youngsville$.590 Additional Special District taxes range: $.0225 – .070 Harnett County $.7250 Angier$.530 Broadway$.440 Coats$.590 Dunn$.480 Erwin$.480 Lillington$.520 Additional Special District taxes range: $.020 – .150 13 2012 – 13 Research Triangle Regional Data Book Personal Income Tax North Carolina taxable income is based on taxable income as calculated for federal income tax purposes with adjustments. Specific deductions and rates are shown below: Personal Exemption: $1,150 Standard Deduction: Married, Filing Jointly $6,000 Qualifying Widow(er) $6,000 Head of Household $4,400 Single$3,000 Married, Filing Separately $3,000 Corporate Tax Rates Incorporation Fee A fee of $125 is levied upon filing articles of incorporation; a fee of $250 for application for certificate of authority. Various other fees are assessed for documents filed with the Secretary of State. Franchise Tax Levied on North Carolina corporations annually Rate: $1.50 per $1,000 of the largest of the following: a) Capital stock, surplus, and undivided profits apportionable to the state b) 55 percent of appraised value of property subject to taxation c) Book value of real property in North Carolina less debt to acquire Income Tax The corporate income tax rate for North Carolina is 6.9 percent. Sales Tax Retail Sales & Use Tax Rate 4.75% State 2.0% County Highway Use Tax on Automobiles 3 percent with a maximum tax of $1,500 Raw materials, containers, labels, packaging and shipping materials, and motor vehicles are exempt from the sales and use tax. Special Provisions: Pollution abatement and recycling equipment, OSHA-mandated equipment, and equipment to reduce hazardous waste receive special treatment under the state’s tax laws. Source: North Carolina Department of Revenue 14 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ livability Climate 16 Public Safety 16 Health Care 17 Culture18 Recreation & Sports 20 Major Retail Centers 21 Libraries22 Newspapers22 Radio Stations 23 Television Stations 23 2012 – 13 Research Triangle Regional Data Book Climate The Research Triangle area is centrally located between the Blue Ridge Mountains to the west and the Atlantic coast to the east and enjoys a favorable climate. There are typically about 220 days with sunshine each year, and rainfall is well distributed throughout the year. There are times in spring and summer when soil moisture is low, usually resulting from long periods between rains rather than from a shortage of total rainfall. The area is far enough from the coast that effects from severe coastal storms are reduced. Substantial accumulations of snow and sleet are rare. Climate Indicators of 2011 Mean temperature: 59.3°F Hottest month: July (89°F) Coldest month: January (31.6°F) Annual snowfall: 4.7 inches Annual precipitation: 45.23 inches Wettest month: July (4.8 inches) Driest month: November (3.0 inches) Average relative humidity: 70% Source: Southeast Regional Climate Center Public Safety Violent Crime Reported In Selected North Carolina Metro Areas Asheville444 Cary120 Chapel Hill 88 Charlotte7,501 Durham1,614 Fayetteville1,795 Goldsboro543 Greensboro1,512 Hickory-Lenoir818 Raleigh2,773 Wilmington1,220 Winston-Salem2,299 Source: FBI Uniform Crime Reports, 2011 Raleigh vs. U.S. Metros Atlanta, GA Austin, TX Baltimore, MD Dallas, TX Jacksonville, FL Louisville, KY Minneapolis, MN Nashville, TN Orlando, FL Philadelphia, PA Raleigh, NC Richmond, VA San Diego, CA San Jose, CA Source: FBI Uniform Crime Reports, 2011 16 2012 – 13 Research Triangle Regional Data Book 21,351 5,032 17,681 23,309 7,141 5,353 3,722 10,440 12,887 31,884 2,773 2,990 11,009 4,760 Health Care The Research Triangle ranks among the top MSAs in physicians per capita. Two major medical centers and teaching hospitals are located in the region, along with multiple hospitals. Durham is called “The City of Medicine, USA.” LOCATIONNumber of Beds Medical Centers & Teaching Hospitals Duke University Medical Center – Durham University of North Carolina Health Care – Chapel Hill Chatham County Chatham Hospital – Siler City Durham County Duke Children’s Hospital & Health Center – Durham Durham Regional Hospital – Durham Durham VA Medical Center – Durham Lenox Baker Children’s Hospital – Durham North Carolina Specialty Hospital – Durham Select Specialty Hospital – Durham 957 783 25 190 369 271 40 18 30 Franklin County Franklin Regional Medical Center 83 Harnett County Betsy Johnson Regional Hospital – Dunn Harnett Health System – Lillington 151 50 (Under Construction) Johnston County Johnston Medical Center – Smithfield Orange County University of North Carolina – Chapel Hill Hospital Person County Person Memorial Hospital – Roxboro Wake County Duke Raleigh Hospital – Raleigh Rex Healthcare (Main Campus) – Raleigh Wake Mental Hospital – Raleigh WakeMed Health & Hospitals Total Hospital Beds 199 830 110 186 665 48 870 5,875 17 2012 – 13 Research Triangle Regional Data Book Culture A fantastic collection of festivals, venues, entertainment functions, and other attractions continue to build the cultural diversity of the Research Triangle area. The examples below are only a sample of some of the most popular artistic and historical locations and events. For complete information, please contact: Greater Raleigh Convention and Visitors Bureau Durham Convention and Visitors Bureau www.visitraleigh.comwww.durham-nc.com 421 Fayetteville St., #1505 101 E. Morgan St. Raleigh, NC 27601 Durham, NC 27701 919.834.5900 or 800.849.8499 919.687.0288 or 800.446.8604 Chapel Hill Orange County Visitors Bureau www.visitchapelhill.org 501 W. Franklin St. Chapel Hill, NC 27516 888.968.2060 Wake County Attractions and Activities African American Cultural Complex www.aaccmuseum.org Nature Research Center www.naturalsciences.org Artspace www.artspacenc.org North Carolina Museum of Art www.ncartmuseum.org ArtsPlosure www.artsplosure.org Citywide festivals, events, and celebrations held throughout the year in Raleigh North Carolina Museum of History www.ncmuseumofhistory.org Carolina Ballet www.carolinaballet.com Carolina Hurricanes www.hurricanes.nhl.com NHL Hockey Carolina Mudcats www.gomudcats.com Class A professional baseball affiliate of the Cleveland Indians City of Raleigh Museum www.raleighcitymuseum.org Contemporary Art Museum www.camraleigh.org Duke Energy Center for the Performing Arts www.dukeenergycenterraleigh.com Koka Booth Amphitheatre www.boothampitheatre.com Outdoor amphitheatre in Cary and summer home of the North Carolina Symphony Marbles Kids Museum www.marbleskidsmuseum.org Hands-on, interactive children’s museum and IMAX theatre in Raleigh 18 2012 – 13 Research Triangle Regional Data Book North Carolina Museum of Natural Sciences www.naturalsciences.org North Carolina Master Chorale www.ncmasterchorale.org Raleigh’s premier choral ensemble North Carolina Sports Hall of Fame ww.ncshof.org w North Carolina State Fairgrounds www.ncstatefair.org North Carolina Symphony www.ncsymphony.org North Carolina Theatre www.nctheatre.com Raleigh Little Theatre www.raleighlittletheatre.org Community theatre with comprehensive theatre education programs Red Hat Amphitheater www.redhatamphitheater.com Outdoor amphitheater in downtown Raleigh Theatre in the Park www.theatreinthepark.com Durham County Attractions and Activities American Tobacco Amphitheatre www.americantobaccocampus.com Outdoor venue seating with live performances, events, and receptions American Tobacco Historic District www.americantobaccohistoricdistrict.com Downtown Durham’s entertainment district Durham Arts Council www.durhamarts.org Durham Bulls Athletic Park www.dbulls.com Class AAA professional baseball affiliate of Tampa Bay Rays American Dance Festival www.americandancefestival.org Durham Performing Arts Center www.dpacnc.com/ Theatre in downtown Durham with superstar concerts and family performances. Bennett Place State Historic Site www.nchistoricsites.org/bennett/ A historic landmark representing a turning point in the Civil War Museum of Life and Sciences www.ncmls.org Carolina Theatre of Durham, Inc. www.carolinatheatre.org Center for Documentary Studies cds.aas.duke.edu Teaches, engages in, and presents cultural documentaries Duke Chapel www.chapel.duke.edu Duke Homestead State Historic Site & Tobacco Museum www.nchistoricsites.org/duke/ Orange County Attractions and Activities Ackland Art Museum www.ackland.org Alexander Dickson House www.visithillsboroughnc.org An 18th century home that hosted the headquarters for Joe Johnston during his surrender negotiations with Sherman The ArtsCenter www.artscenterlive.org Ayr Mount www.classicalamerican.org Federal-era plantation house The Burwell School www.burwellschool.org School for Young Ladies from 1837 – 1857 Nasher Museum of Art at Duke University www.nasher.duke.edu North Carolina Central University Art Museum www.nccu.edu/artmuseum/ Sarah P. Duke Gardens www.hr.duke.edu/dukegardens St. Joseph’s Historic Foundation, Inc. at the Hayti Heritage Center www.hayti.org An African American cultural educational institute. NC Botanical Gardens www.ncbg.unc.edu North Carolina Collection Gallery www.lib.unc.edu/ncc/gallery.html A selection of memorabilia from North Carolina’s past Orange County Historical Museum www.orangenchistory.org Orange County Museum of Art www.ocma.net Orange County Speedway www.ocstrack.com PlayMakers Repertory Company www.playmakersrep.org Chapel Hill Museum www.chapelhillmuseum.org Morehead Planetarium and Science Center www.moreheadplanetarium.org 19 2012 – 13 Research Triangle Regional Data Book Recreation and Sports North Carolina is called “Variety Vacationland.” The coastline, 310 miles long and a two– to three– hour drive away, enjoys mild temperatures from March to October. The mountains, with more than 200 miles of the scenic Blue Ridge Parkway and Appalachian Trail, nine ski resorts, and 15 whitewater rivers, are within a three– to four–hour drive. The North Carolina Zoological Park at Asheboro, one hour from the Raleigh-Durham area, is the world’s first planned, completely natural habitat zoo. For golfing, Pinehurst, one hour away, has more than two-dozen golf courses within a 20-mile radius. For 10 days each October, the North Carolina State Fair is held in Raleigh. The Research Triangle area has extensive lakes for swimming, fishing, and boating, and several large natural areas. In addition to park systems, many communities are developing extensive greenway and trail systems. Many area communities have active recreation programs sponsored by city parks departments, YMCAs, and independent groups. The metro area also has many other public and private swimming pools, golf courses, tennis clubs, and country clubs. Public Recreational Facilities in Major Municipalities Raleigh Park Acreage 9,000 Durham* Cary** Chapel Hill 1,816 1,800 Number of Parks 136 63 29 319 10 Greenway Trails (miles) 88 26.7 46.5 40 Community Centers 25 12 8 2 Municipal Swimming Pools 9 9 1 3 Public Tennis Courts 112 76 59 22 * Durham acreage includes lakes and undeveloped parks. ** Cary trail mileage includes crushed stone trails. Source: Municipal Parks Departments Atlantic Coast Conference Inter-collegiate sports competition is intense in the Raleigh-Durham area, with three nationally high-ranking teams competing year round: ~ NC State University – Wolfpack – www.gopack.com ~ Duke University – Blue Devils – www.goduke.com ~ University of North Carolina at Chapel Hill – Tarheels – www.tarheelblue.com Baseball Carolina Mudcats This Class A professional baseball affiliate of the Cleveland Indians plays 70 games at Five County Stadium in Zebulon. The Mudcats are one of the top-drawing teams in attendance in the Southern League. www.gomudcats.com Durham Bulls Made famous by the movie “Bull Durham,” this AAA farm club for the Tampa Bay Rays enjoys widespread Triangle support. www.dbulls.com Hockey Carolina Hurricanes The NHL’s Carolina Hurricanes play at the PNC Arena. It hasn’t taken long for hockey to gain a loyal following in this southern city. In 2006, the Canes won the Stanley Cup. www.hurricanes.nhl.com Soccer Carolina RailHawks The RailHawks were established in 2006 and are a member of the North American Soccer League. www.carolinarailhawks.com 20 2012 – 13 Research Triangle Regional Data Book Major Retail Centers The Research Triangle area is served by 10 retail centers with more than 500,000 square feet each and more than 200 smaller centers. Major Retail Centers (More than 9.4 million square feet) City Square Footage Number of Stores Anchor Dept. Stores Brier Creek Commons Raleigh 771,447 56 BJ's Wholesale, Dick's Sporting Goods, Target Cameron Village Raleigh 629,216 110 Rite Aid, Harris Teeter Cary Town Center Cary 1,000,000 118 Sears, Dilliards, JCPenney Crabtree Valley Mall Raleigh 1,326,000 210 Sears, Macy's, Hudson Belk Crossroads Plaza Cary 675,049 56 Toys'R US, Bed Bath & Beyond, Old Navy North Hills Raleigh 714,215 112 Target, JC Penny, Movies 14 Northgate Mall Durham 857,099 147 Macy's, Sears, Phoenix Theatres Streets of Southpoint Durham 1,300,000 140 Nordstrom, Macy's JCPenney, Sears Triangle Town Center Raleigh 1,431,091 151 Saks Fifth Avenue, Sears, Macy's White Oak Crossing Garner 700,000 35 Kohl's, BJ's Wholesale Source: Triangle Business Journal, 2012 21 2012 – 13 Research Triangle Regional Data Book Libraries Wake County www.wakegov.com/libraries The Wake County Public Library System operates 14 branches and six regional libraries in 11 municipalities, with more than 1.6 million volumes available and an annual circulation of more than 11 million. Durham County www.durhamcountylibrary.org Durham County Libraries operate one main library, four regional libraries, and three branches with 553,000 volumes available. Annual circulation totals more than 1.3 million. Orange County www.co.orange.nc.us/library www.chapelhillpubliclibrary.org The Orange County Library has one main library and two branches, 195,000 volumes, and an annual circulation of 458,262. The Chapel Hill Public Library has one main library, 180,795 volumes and an annual circulation of 911,084. Triangle Research Libraries Network www.trln.org The Raleigh-Durham area’s greatest information assets are its four major research libraries— Duke University, NC State University, NC Central University, and UNC-Chapel Hill. These institutions work cooperatively with each other, area companies, and state initiatives such as MCNC (Microelectronics Center of North Carolina) and the North Carolina Biotechnology Center in a wide variety of areas. One of the best examples of this cooperation is the Triangle Research Libraries Network. Created in 1977, TRLN makes the combined resources of the university libraries, more than 14 million volumes, available to companies in the Research Triangle Park. Newspapers For a complete Media Guide containing contact information for Raleigh-Durham newspapers and radio and television stations, contact Wake County Economic Development at 919.664.7047. The News and Observer (Raleigh/Wake Co.) 215 S. McDowell St. Raleigh, NC 27601 919.829.4500 (Raleigh) 919.956.2427 (Durham) 919.932.8776 (Chapel Hill) Daily www.newsobserver.com The Durham Herald-Sun 2828 Pickett Road Durham, NC 27705 919.419.6500 (Durham) 919.967.6581 (Chapel Hill) Daily www.heraldsun.com Triangle Business Journal 1305 Navaho Drive, Suite 401 Raleigh, NC 27609 919.327.1000 Weekly www.triangle.bizjournals.com 22 2012 – 13 Research Triangle Regional Data Book Other Local Newspapers The Apex Herald The Carolinian The Cary News The Chapel Hill News The Chatham News The Chronicle (Duke University) The Clayton News-Star The Daily Tar Heel (UNC–Chapel Hill) Eastern Wake News The Four Oaks-Benson News in Review Fuquay-Varina Independent Garner Citizen News & Times The Herald Sun Holly Springs Sun The Independent (Triangle Area) La Conexion The News of Orange County Nuestro Pais Que Pasa Raleigh Chronicle Raleigh Downtowner Raleigh Telegram Southwest Wake News Technician (NC State University) Triangle Tribune The Wake Weekly Radio Stations Forty-nine AM and FM stations broadcast in the Research Triangle area. These stations feature programming from classical, country, jazz, adult, urban contemporary, rock, news, talk, and sports radio. Multiple Hispanic language stations also broadcast in the region. Television Stations WLFL (CW22) www.raleighcw.com WRDC (MyRDC) www.myrdctv.com WRAL (CBS) www.wral.com WRAZ (FOX 50) www.fox50.com WTVD (ABC) www.abclocal.go.com/wtvd/index WUNC (PBS) www.unctv.org WNCN (NBC) www.nbc17.com 23 2012 – 13 Research Triangle Regional Data Book 24 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ economy Retail Sales 26 Cost of Living 26 Development27 Industry Base 28 2012 – 13 Research Triangle Regional Data Book Retail Sales 20072008 20082009 20092010 20102011 20112012 Chatham $307,741,498 $287,773,659 $341,656,165 $363,077,777 $375,860,796 Durham $3,703,207,039 $3,630,249,377 $4,022,517,616 $4,163,245,973 $4,434,078,534 Franklin $289,280,601 $258,538,015 $235,419,539 $240,853,230 $265,002,487 Harnett $503,286,228 $489,167,287 $515,689,932 $536,764,468 $564,710,410 Johnston $1,101,195,577 $1,037,738,950 $1,123,806,656 $1,158,171,151 $1,226,528,835 Orange $947,591,672 $926,654,246 $987,769,036 $1,017,355,198 $1,058,416,058 Person $263,994,529 $249,868,842 $237,649,499 $241,928,067 $264,587,934 Wake $11,339,906,108 $10,378,048,804 $9,949,833,702 $10,208,890,575 $10,850,823,393 Source: North Carolina Department of Revenue, Sales and Use Tax Division. Figures are for Fiscal Year July 1 – June 30. Cost of Living The ACCRA Cost of Living Index measures relative price levels for consumer goods and services in participating areas. The average for all participating places equals 100. Each participant’s index is read as a percentage of the average for all places. The index does not measure inflation. Each quarterly report is a separate comparison of prices at a single point in time. Because the number and mix of participants may change from one quarter to the next, index data from different quarters cannot be compared. The index reflects cost differentials for a mid-management standard of living. The Raleigh-Cary area enjoys a moderate cost of living with a composite cost of living index of 90.9 compared to a national average of 100 for third quarter 2012. Cost of Living Index Composite Index Grocery Items Housing Utilities Transportation Health Care Goods & Services Atlanta, GA 95.0 105.8 84.4 88.4 100.4 99.6 99.7 Austin, TX 94.4 91.1 87.1 93.2 98.0 97.4 101.0 Baltimore, MD 118.0 115.4 156.4 105.1 103.6 101.7 96.3 Boston, MA 142.8 118.5 180.5 151.4 108.6 122.9 130.5 Charlotte, NC 93.7 100.9 80.6 102.2 93.8 96.7 99.2 Jacksonville, FL 95.7 99 83.1 104.1 109.3 86.9 99.4 Nashville, TN 87.7 96.3 72.8 88.3 91.8 82.7 96.6 Orlando, FL 96.0 100.4 77.6 110.5 97.8 93.9 105.4 Raleigh-Cary, NC 90.9 104.3 72.0 103.2 94.8 95.4 96.1 Richmond, VA 100.6 104.6 91.1 106.3 101.8 113.4 103.4 San Jose, CA 157.0 122.0 265.7 130.4 111.5 119.9 104.2 Source: ACCRA Cost of Living Index, third quarter 2012 26 2012 – 13 Research Triangle Regional Data Book Development Wake County Building Permits by Municipality 2012 Residential Residential Addition/ Remodel Commercial & Industrial Commercial & Industrial Addition/ Remodel Buildings Raised Total Permits Angier 14 3 1 - - 18 Apex 416 279 35 9 12 751 Cary 948 1,536 108 23 25 2,640 Fuquay-Varina 397 245 24 3 8 677 Garner 85 130 7 6 7 235 Holly Springs 414 356 23 14 3 810 Knightdale 201 72 14 8 - 295 Morrisville 245 74 11 2 1 333 Raleigh 1,038 1,751 127 83 154 3,153 Rolesville 175 54 1 1 2 233 Wake Forest 428 194 25 9 3 659 Wendell 7 43 - 4 1 55 Zebulon 11 10 1 1 1 24 Wake County 443 1,203 20 41 30 1,737 Total: 4,822 5,950 397 204 247 11,620 Source: Wake County Planning Department Residential Building Permits 2011 Chatham Single Family Units Single Family Value Multi-family Units Multi-family Value 293 $69,214,090 36 $2,160,000 Durham 923 $169,600,078 335 $5,331,259 Franklin 126 $21,596,454 0 $0 Harnett 8,424 $123,054,781 0 $0 Johnston 588 $84,219,273 0 $0 Orange 258 $63,015,176 3 $230,000 Person 52 $11,704,039 0 $0 Wake 4,039 $791,516,620 1,613 $139,534,496 Source: U.S. Census, 2011 27 2012 – 13 Research Triangle Regional Data Book Industry Base Education and health services are the leading industry sector in the region, accounting for slightly more than 26 percent. Trade and business services each account for more than 34 percent of the workforce. Research Triangle Employment By Industry (Q3-2012) Trade, Transportation, and Utilities (152,949) 17% Construction (41,101) 5% Information (22,119) 3% Miscellaneous (30,541) 3% Professional and Business Services (156,097) 17% Manufacturing (78,834) 9% Education and Health Services (234,361) 26% Government (63,076) 7% Financial Activities (29,762) 3% Leisure and Hospitality Services (92,360) 10% Source: North Carolina Department of Commerce Division of Employment Security 28 2012 – 13 Research Triangle Regional Data Book 1,000+ Employees Durham City Government (Durham) Major Employers 10,000+ Employees State of North Carolina (Region-wide) Duke University & Medical Center (Durham) 76,394 33,750 University of North Carolina (Orange) 16,217 Wake County Public School System (Wake) 17,572 IBM (Durham) 2,500+ Employees UNC Healthcare System (Orange) 10,000 7,964 WakeMed Health & Hospitals (Wake & Johnston) 7,607 NC State University (Wake) 7,730 Chapel Hill-Carrboro City Schools (Orange) 2,336 2,138 Lenovo (Durham & Wake) 2,300 Affiliated Computer Services (Wake) 2,300 RTI International (Durham & Wake) 2,200 Durham VA Medical Center (Durham) 2,162 Talecris Biotherapeutics Inc. (Durham, Wake, Johnston)2,100 Wells Fargo (Region-wide) 2,100 Harnett County Public Schools (Harnett) 2,221 Cree, Inc. (Durham) 2,000 Durham County Government (Durham) 1,700 GlaxoSmithKline (Durham & Wake) 5,600 United Parcel Service of America Cisco Systems, Inc. (Wake) 3,800 (Orange & Wake) 1,640 Durham Public School System (Durham) 5,440 First Citizens Bank (Region-wide) 1,703 Rex Healthcare (Johnston & Wake) 4,800 1,898 City of Raleigh Government (Wake) 3,000 Wake Technical Community College (Wake) Longistics (Wake) 1,500 Quintiles Transnational Corp. (Durham) 1,500 North Carolina Central University (Durham) 1,435 U.S. Environmental Protection Agency (Durham) 1,400 SAS (Wake) 4,742 Blue Cross and Blue Shield of North Carolina (Durham & Orange) 3,676 Wake County Government (Wake) 4,272 Verizon (Durham & Wake) 3,850 Duke Energy Progress (Person & Wake) 2,500 Fidelity Investments (Durham & Wake) 2,500 National Institute of Environmental Health Sciences (Durham) 1,400 PPD Inc. (Durham & Wake) 1,400 Eaton Corporation 1,355 Orange County Public School System (Orange) 1,157 State Employees Credit Union (Region-wide) 1,154 Town of Cary Government (Wake) 1,152 AW North Carolina Inc. (Durham) 1,100 PNC Arena (Wake) 1,100 Caterpillar Inc. (Lee & Wake) 1,077 SunTrust Bank (Region-wide) 1,040 American Airlines Reservation Center (Wake) 1,000 AT&T (Durham & Wake) 1,000 29 2012 – 13 Research Triangle Regional Data Book 30 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ demographics County Population 32 Municipal Population 33 Population Growth Trends 35 Population Characteristics 36 Educational Attainment 37 Population Diversity 38 Regional Community 38 Household Characteristics 39 Income Measurements 40 2012 – 13 Research Triangle Regional Data Book county population county population Growth 1980-2030 1,500,000 1,400,000 1,300,000 1,200,000 1,100,000 1,000,000 chatham Durham Franklin Johnston orange Person Wake 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 1980 chatham 1990 2000 2010 2020 2030 1980 1990 2000 2010 2020 2030 33,415 38,979 49,812 63,806 75,869 88,459 durham 152,235 181,844 224,572 268,412 304,081 339,482 franklin 30,055 36,414 47,636 60,836 72,626 84,440 Johnston 70,599 81,306 123,265 169,669 198,084 226,494 orange 77,055 93,662 116,106 134,201 153,380 172,994 person 29,164 30,180 35,718 39,448 44,061 48,821 Wake 301,429 426,311 633,333 906,788 1,096,426 1,286,185 Source: North Carolina Office of State Planning 32 2012 – 13 ReseaRch TRiangle Regional DaTa Book Municipal Population April 2000 July 2011 2000-11 Growth % Change 8,047,764 9,669,244 1,621,480 20.15% April 2000 July 2011 2000-11 Growth % Change 49,329 64,553 15,224 30.86% Cary (Part) 19 1,629 1,610 8473.68% Goldston 319 267 -52 -16.30% Pittsboro 2,226 3,875 1,649 74.08% Siler City 6,966 7,939 973 13.97% 223,013 272,314 49,301 22.11% Chapel Hill (Part) 1,917 2,900 983 51.28% Durham 186,996 231,699 44,703 23.91% 47,260 61,651 14,391 30.45% 357 644 287 80.39% North Carolina County City Chatham Durham Franklin Bunn Centerville 99 89 -10 -10.10% Franklinton 1,745 2,027 282 16.16% Louisburg 3,111 3,414 303 9.74% Youngsville 651 1,170 519 79.72% 91,006 118,615 27,609 30.34% Angier 3,419 4,389 970 28.37% Coats 1,845 2,167 322 17.45% Dunn 9,196 9,433 237 2.58% Erwin 4,537 4,483 -54 -1.19% Lillington 2,915 3,251 336 11.53% 121,964 172,570 50,606 41.49% Benson (Part) 2,993 3,336 343 11.46% Clayton (Part) 8,126 16,437 8,311 102.28% Four Oaks 1,514 1,943 429 28.34% Harnett Johnston Kenly (Part) 1,475 1,184 -291 -19.73% Micro 454 444 -10 -2.20% Pine Level 1,319 1,725 406 30.78% Princeton 1,090 1,201 111 10.18% Selma 5,914 6,118 204 3.45% Smithfield 10,867 11,016 149 1.37% Wilson's Mills 1,296 2,330 1,034 79.78% 33 2012 – 13 Research Triangle Regional Data Book CSA Municipal Population (continued) County April 2000 July 2011 2000-11 Growth % Change 118,200 135,776 17,576 14.87% Carrboro 16,782 19,905 3,123 18.61% Chapel Hill (Part) 44,102 54,857 10,755 24.39% Durham (Part) 39 31 -8 -20.51% Hillsborough 5,446 6,239 793 14.56% Mebane (Part) 675 1,846 1,171 173.48% 35,599 39,585 3,986 11.20% 8,696 8,348 -348 -4.00% 627,816 925,938 298,122 47.49% 20,212 38,691 18,479 91.43% City Orange Person Roxboro Wake Apex Cary (Part) 94,517 137,540 43,023 45.52% Fuquay-Varina 7,898 18,638 10,740 135.98% Garner 17,787 26,342 8,555 48.10% Holly Springs 9,192 25,567 16,375 178.14% Knightdale 5,958 11,904 5,946 99.80% Morrisville (Part) 5,208 19,406 14,198 272.62% Raleigh ( Part) 276,094 411,192 135,098 48.93% Rolesville 907 3,976 3,069 338.37% Wake Forest (Part) 12,588 30,152 17,564 139.53% Wendell 4,247 5,967 1,720 40.50% Zebulon (Part) 4,046 4,493 447 11.05% Source: North Carolina Office of State Budget & Management 34 2012 – 13 Research Triangle Regional Data Book Historical Population Growth Trends Population growth in the Research Triangle area has outpaced growth in every other North Carolina MSA. From 1970 – 1995, there was an increase of 430,000 people. From 1995 – 2030, the area is projected to increase by 1.4 million people. Migration Into the Raleigh-Durham-Cary Area (2011) Chatham County Durham County Franklin County Johnston County Orange County Person County Wake County Total Population 1+ Years Old 63,045 264,973 60,194 167,701 132,945 38,832 894,683 Same House 55,781 199,361 53,705 148,617 102,115 34,979 745,937 Different House in the U.S. 7,126 62,568 6,372 18,783 29,268 3,803 141,929 Same County 3,632 35,668 3,067 9,936 13,512 2,089 86,396 Different County 3,494 26,900 3,305 8,847 15,756 1,714 55,533 Same State 2,278 13,506 2,658 5,865 10,954 1,185 28,283 Different States 1,216 13,394 647 2,982 4,802 529 27,250 Abroad 138 3,044 117 301 1,562 50 6,817 Population Growth In North Carolina Metro Areas (2000-2011) Charlotte Raleigh Fayetteville Greensboro Durham Cary Wilmington Greenville Asheville 200,000 Rocky Mount 150,000 Hickory 50,000 Jacksonville 100,000 Chapel Hill Source: U.S. Census Bureau 35 2012 – 13 Research Triangle Regional Data Book Population Characteristics 2011 Raleigh-Cary MSA Population By Age 55-74 (123,417) 11.3% 75+ (45,297) 4.2% Under 5 years (83,121) 7.6% 5-19 (251,338) 22.8% 34-54 (350,184) 31.8% 20-34 (245,521) 22.3% Population By Gender Female (598,602) 50.5% Source: U.S. Census Bureau 36 2012 – 13 Research Triangle Regional Data Book Male (564,913) 49.5% 2011 Educational Attainment by County Chatham Durham Franklin Harnett Johnston Orange Person Wake County County County County County County County County Less than 9th Grade 5.6% 5.6% 7.2% 6.6% 8.0% 4.5% 6.2% 4.0% 9th-12th No Diploma 9.3% 7.4% 12.3% 10.4% 9.0% 5.2% 11.8% 4.6% High School 23.2% 19.0% 33.7% 29.4% 28.9% 15.9% 34.5% 17.2% Some College 17.4% 18.1% 22.0% 26.0% 23.3% 14.5% 23.5% 18.9% Associate Degree 6.5% 6.2% 9.1% 9.9% 10.7% 5.4% 9.8% 8.3% Bachelor’s Degree 20.3% 24.0% 10.8% 12.0% 15.7% 24.4% 10.5% 31.0% Graduate/ Professional Degree 17.4% 19.7% 4.9% 5.8% 4.4% 30.0% 3.7% 16.0% Percent Bachelor’s Degree or Higher 37.7% 43.7% 15.7% 17.7% 20.1% 54.4% 14.2% 47.1% 2011 Raleigh-Cary MSA Educational Attainment Some College or Associates Degree (207,212) 29.3% Bachelor’s Degree or Higher (311,789) 44.0% High School Grad (150,570) 21.3% Less than High School Grad (38,368) 5.4% Source: U.S. Census Bureau 37 2012 – 13 Research Triangle Regional Data Book Raleigh-Cary MSA Population Diversity Other 0.5% Two or More Races 1.5% Caucasian 63.1% Asian 4.4% Hispanic 10.3% African American 20.2% Regional Community Geographic Mobility of Raleigh-Cary MSA Residents (2011) Same Residence 84.4% Abroad 0.6% Different County Different State 3.2% Different Residence Same County 9.2% Source: U.S. Census Bureau 38 2012 – 13 Research Triangle Regional Data Book Different State 2.6% Household Characterisitcs 2011 Housing Units By Type Occupied Housing Units Single Family Detatched Single Family Attatched 2 Units per Structure 3 or 4 Units per Structure 5+ Units per Structure Mobile Home/ Other Chatham 28,838 22,041 919 416 92 1,185 4,185 Durham 120,590 68,415 7,207 4,654 4,778 33,145 2,391 Franklin 26,636 18,303 353 253 148 436 7,143 Harnett 46,818 30,922 1,061 1,101 1,182 1,239 11,313 Johnston 60,750 50,138 1,644 1,050 961 2,490 11,563 Orange 51,078 32,012 2,998 1,735 2,239 12,391 4,356 Person 15,235 13,165 75 235 203 494 4,069 Wake 338,986 226,771 33,069 5,785 12,276 81,686 13,360 MSA 425,406 299,818 31,910 8,390 13,365 86,940 31,624 Households 1990 2000 2011 Chatham 15,293 19,741 28,838 Durham 72,297 89,015 120,590 Franklin 13,503 17,843 26,636 Harnett 25,150 33,800 46,818 Johnston 31,566 46,595 67,846 Orange 36,104 45,863 55,730 Person 11,423 14,085 1,824 Wake 165,743 242,040 372,947 North Carolina 2,517,026 3,132,013 4,362,956 United States 91,947,410 105,480,101 132,316,248 Source: U.S. Census Bureau 39 2012 – 13 Research Triangle Regional Data Book Income Measurements Per Capita Income (In Current Dollars) Per capita income in the Research Triangle area has historically exceeded North Carolina’s per capita income. 2000 2005 2009 2010 2011 Chatham $35,433 $39,380 $44,247 $46,034 $48,191 Durham $31,773 $35,535 $37,748 $37,917 $38,654 Franklin $25,054 $26,602 $28,870 $28,926 $29,670 Harnett $22,651 $36,898 $28,746 $28,666 $29,247 Johnston $26,537 $29,736 $32,155 $32,501 $34,149 Orange $31,808 $39,558 $45,163 $46,700 $48,683 Person $23,559 $26,398 $28,733 $28,811 $29,386 Wake $37,100 $39,503 $40,478 $41,115 $42,555 North Carolina $27,906 $31,905 $34,001 $34,604 $36,028 United States $30,319 $35,452 $38,637 $39,791 $41,560 Per Capita Income (In Current Dollars) $42,000 Durham-Chapel Hill (MSA) Raleigh-Cary (MSA) United States North Carolina $40,000 $38,000 $36,000 $34,000 $32,000 $30,000 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 Durham-Chapel Hill (MSA) $40,820 $42,071 $40,116 $39,818 $40,561 Raleigh-Cary (MSA) $40,480 $41,267 $38,602 $39,178 $40,631 North Carolina $33,636 $35,741 $34,001 $34,604 $36,028 United States $38,611 $40,947 $38,637 $39,791 $41,560 Source: Bureau of Economic Analysis 40 2012 – 13 Research Triangle Regional Data Book Income Measurements (continued) Median Family Income The Research Triangle area has a higher median family income than all other metro areas in North Carolina. The region’s median family income surpasses the next highest region—Charlotte— by 15 percent. Metropolitan Statistical Area 2007 2008 2009 2010 2011 Asheville $55,998 $51,914 $54,670 $50,668 $53,850 Charlotte-Gastonia-Concord $64,024 $65,906 $62,427 * * Durham-Chapel Hill $63,782 $67,881 * * * Fayetteville $50,299 $51,204 $47,991 $48,932 $50,737 Greensboro-Hight Point $55,826 $54,715 $51,965 $51,241 $53,002 Hickory-Lenoir-Morganton $48,405 $51,672 $47,410 $48,048 $46,963 Raleigh-Cary $72,785 $77,068 $74,943 $70,849 $77,914 Wilmington $55,715 $59,210 $54,722 $59,030 $56,475 2000 2007 2009 2011 Sources: U.S. Census Bureau *Information Unavailable Mean Household Income (Current Dollars) 1990 Raleigh-Cary MSA $52,290 $85,527 $77,506 $76,763 $77,409 North Carolina $44,506 $67,717 $60,672 $59,700 $60,939 United States $51,532 $77,816 $69,193 $68,914 $69,821 Source: Woods and Poole Economics, Inc. 41 2012 – 13 Research Triangle Regional Data Book 42 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ work force Labor Climate and Labor Force 44 Employment and Unemployment 45 Wages & Salaries 47 Workers’ Compensation & Unemployment Insurance 48 2012 – 13 Research Triangle Regional Data Book Labor Climate and Labor Force Labor Unions North Carolina is one of 24 states with a “right-to-work” law. Closed shop and union shop agreements are illegal and void. An employer may not require an employee to join a union, nor may an employer require an employee to refrain from joining a union. The membership rate in unions in North Carolina is the lowest in the nation, at 2.9 percent (2012) of employed residents. Labor Availability The available labor pool in the Triangle area is made up of numerous components. The Triangle area has a broader scope of these additional elements than one typically finds in a region its size because of the unique characteristics of its economy. In addition to the unemployed, there are new entrants (college and high school graduates), in-migrants, in-commuters, and the underemployed. Labor Force and Employment The Research Triangle area provides employment for over 95 percent of its residents who seek work. The stable employment base, anchored by universities, medical centers, and government, has resulted in unemployment trends that have smoother peaks and valleys than the state and national rates. Labor Force Average Annual Labor Force Chatham 2007 2008 2009 2010 2011 2012 32,390 33,828 34,286 32,677 33,054 34,168 Durham 136,091 141,561 143,498 139,626 140,989 146,808 Franklin 26,844 27,807 27,586 28,151 28,622 28,817 Harnett 47,804 48,001 48,168 48,720 49,298 49,980 Johnston 74,483 77,944 78,373 79,363 80,490 82,156 Orange 67,686 69,837 69,922 70,636 71,393 74,133 Person 18,805 19,064 19,153 19,537 19,559 20,037 Wake 440,106 456,847 458,452 466,295 473,575 490,419 DurhamChapel Hill MSA 254,971 264,290 266,857 262,477 264,996 275,145 Raleigh-Cary MSA 541,791 562,597 564,410 573,810 582,688 601,392 North Carolina 4,498,441 5,568,783 4,580,244 4,637,272 4,660,440 4,723,379 Source: North Carolina Department of Commerce Division of Employment Security 44 2012 – 13 Research Triangle Regional Data Book Employment and Unemployment Employment Average Annual Employment 2007 2008 2009 2010 2011 2012 Chatham 31,143 32,114 31,604 30,099 30,409 31,636 Durham 130,863 134,660 132,487 127,683 128,999 135,643 Franklin 25,639 26,024 24,788 25,188 25,683 26,212 Harnett 45,459 44,745 42,756 43,122 43,566 44,570 Johnston 71,735 73,394 70,695 71,359 72,760 75,244 Orange 65,473 66,952 65,458 65,908 66,587 69,530 Person 17,526 17,647 17,016 17,317 17,495 18,085 Wake 424,541 435,243 421,006 425,856 434,221 453,415 DurhamChapel Hill MSA 245,004 251,372 246,564 241,007 243,491 254,894 Raleigh-Cary MSA 521,914 534,661 516,488 522,403 532,664 554,871 North Carolina 4,283,826 4,280,354 4,104,049 4,136,257 4,183,052 4,275,449 Unemployment Trends Average Annual Unemployment Rates 2007 2008 2009 2010 2011 2012 Chatham 3.8% 5.1% 7.8% 7.9% 8.0% 7.4% Durham 3.8% 4.9% 7.7% 8.6% 8.5% 7.6% Franklin 4.5% 6.4% 10.1% 10.5% 10.3% 9.0% Harnett 4.9% 6.8% 11.2% 11.5% 11.6% 10.8% Johnston 4.2% 5.8% 9.8% 10.1% 9.6% 8.4% Orange 3.3% 4.1% 6.4% 6.7% 6.7% 6.2% Person 6.8% 7.4% 11.2% 11.4% 10.6% 9.7% Wake 3.5% 4.7% 8.2% 8.7% 8.3% 7.5% Durham-Chapel Hill MSA 3.9% 4.9% 7.6% 8.2% 8.1% 7.4% Raleigh-Cary MSA 3.7% 5.0% 8.5% 9.0% 8.6% 7.7% North Carolina 4.8% 6.3% 10.4% 10.8% 10.2% 9.5% Source: North Carolina Department of Commerce Division of Employment Security 45 2012 – 13 Research Triangle Regional Data Book employment and unemployment (continued) 2012 average annual labor force, employment, and unemployment labor force employment unemployment unemployment % chatham 34,168 31,636 2,532 7.4% durham 146,808 135,643 11,165 7.6% franklin 28,817 26,212 2,605 9.0% Harnett 49,980 44,570 5,410 10.8% Johnston 82,156 75,244 6,912 8.4% orange 74,133 69,530 4,603 6.2% person 20,037 18,085 1,952 9.7% Wake 490,419 453,415 37,004 7.5% durham-chapel Hill msa 275,145 254,894 20,251 7.4% raleigh-cary msa 601,392 554,871 46,521 7.7% north carolina 4,723,379 4,275,449 447,930 9.5% Note: Employment and labor force data are by place of residence, not place of work. Source: North Carolina Department of Commerce Division of Employment Security 2012 unemployment rates in north carolina Asheville 5.8% Burlington 9.0% 4.9% Chapel Hill 7.5% Charlotte Durham 6.1% Fayetteville 6.8% Goldsboro 10.3% Greensboro 8.0% Greenville 7.2% Hickory 8.7% Jacksonville 9.6% Raleigh 6.1% Rocky Mount 13.1% Wilmington 7.7% Winston-Salem 7.8% 2% 4% 6% 8% 10% Source: North Carolina Department of Commerce Division of Employment Security 46 2012 – 13 ReseaRch TRiangle Regional DaTa Book 12% 14% Wages and Salaries 2012 Average Hourly Earnings for All Occupations Raleigh-Cary, NC Atlanta, GA Boston, MA Chicago, IL Dallas, TX Detroit, MI $23.25 $24.80 $31.46 $25.77 $24.67 $25.15 Durham Chapel Hill, NC $27.25 Houston, TX $25.04 Los Angeles, CA $25.60 $29.28 New York, NY Philadelphia, PA Washington, DC $26.83 $22 $24 $26 $28 $37.97 $30 $32 $34 $36 Source: U.S. Bureau of Labor Statistics, Employment & Earnings 47 2012 – 13 Research Triangle Regional Data Book Workers’ Compensation and Unemployment Insurance Workers’ Compensation North Carolina workers’ compensation legislation and insurance rates are generally more fiscally responsible and cost employers less money than in other states, according to the National Council on Compensation Insurance. Workers’ compensation legislation in North Carolina includes the following provisions that could contribute to substantial labor cost savings for employers: ~ ~ ~ ~ Self-insurance is permitted. Insurance rates lower than the standard industry rates are permitted for firms that qualify. Clear-cut accident on the job is a condition for benefit compensation. Free accident-prevention workshops designed for each product manufactured are offered. Examples of workers’ compensation insurance assigned risk rates (2013) SIC CodeProductClass Code Insurance Rate per $100 Payroll 28 Drugs & Pharmaceuticals Plastics-molded products 4825 4484 2.40 5.88 33 Machine shop 3632 5.62 35 Computer machine manufacturing Construction equipment manufacturing Precision machine parts manufacturing 3574 3507 3629 1.73 5.01 3.28 36 Telecommunications device manufacturing Electrical product manufacturing 3681 3179 2.60 3.34 38 Instrument manufacturing Pharmaceutical/Surgical goods manufacturing 3685 4693 2.36 1.88 50Distribution 80185.04 For additional information, contact the following agencies: NC Industrial CommissionNC Rate Bureau www.ic.nc.govwww.ncrb.org 4340 Mail Service Center 2910 Sumner Blvd. Raleigh, NC 27699-4340 Raleigh, NC 27616 919.807.2501919.582.1056 Unemployment Insurance The average unemployment tax rate for North Carolina employers is 5.4 percent, the lowest among the southeastern states and among the lowest in the country. North Carolina offers new employers a tax rate of 1.2 percent for the first two years of operation. Those employers who avoid laying off workers and maintain a positive “experience rating” can see their tax rates decline further, to a minimum rate of 0.0 percent. Added to each state unemployment insurance tax rate nationwide, there is the federal unemployment insurance tax rate of 6.2 percent per employee, with an allowable credit of 5.4 percent if paying into a state unemployment program. 2013 Taxable Wage Base Standard Tax Rate for Two Years (new company) $20,900 1.20% Minimum Rate Maximum Rate 0.00% 6.84% For more information about the unemployment insurance program in North Carolina, contact: North Carolina Department of Commerce Division of Employment Security www.ncesc.com 700 Wade Ave. PO Box 25903 Raleigh, NC 27611 919.733.7546 48 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ education College & University Enrollment 50 North Carolina State University 50 University of North Carolina at Chapel Hill 50 Duke University 50 Other Colleges & Universities 51 Quality of Universities 52 University Placement Services 52 Community Colleges 53 Public Schools 55 Public School Quality 57 Private Schools 58 International & Charter Schools 60 2012 – 13 Research Triangle Regional Data Book College and University Enrollment Wake CountyEnrollment Campbell Law School 454 NC State University 34,767 Meredith College 1,707 Shaw University 2,405 Saint Augustine’s University 1,506 Southeastern Baptist Theological Seminary 2,603 Wake Technical Community College 63,000 William Peace University 868 Total Enrollment Franklin CountyEnrollment Louisburg College 679 Durham CountyEnrollment Duke University 14,591 NC Central University 8,359 Durham Technical Community College 23,011 Orange CountyEnrollment UNC-Chapel Hill 29,278 107,310 North Carolina State University www.ncsu.edu 919.515.2011 North Carolina State University, the largest university in the University of North Carolina system, is a national center for research, teaching, and outreach in the sciences and technologies, in the humanities and social sciences, and in a wide range of professional programs. Located in Raleigh, the university offers baccalaureate degrees in 106 fields, master’s degrees in 104 fields, doctoral degrees in 61 fields, and a doctor of veterinary medicine degree. The university’s total enrollment is 34,767 including 24,833 undergraduates and 9,507 graduate students. Students come to NC State from nearly every state in the nation and 119 foreign countries. The University of North Carolina at Chapel Hill www.unc.edu 919.962.2211 The University of North Carolina at Chapel Hill is the nation’s first state university. Ranked among the top research institutions in the nation, the university has been recognized for the quality of its graduate programs in every national survey conducted in the past 25 years. UNC-Chapel Hill’s student body totals 29,278. UNC-Chapel Hill boasts a student-to-faculty ratio of 14:1 resulting in two-thirds of undergraduate classes with fewer than 20 students. Students study in 17 colleges and schools offering instruction in more than 100 fields. The university offers 78 bachelor, 112 master, and 68 doctoral degrees, as well as professional degrees in dentistry, medicine, pharmacy, public health, and law. UNC-Chapel Hill is the site of North Carolina Memorial Hospital, the state’s principal referral, diagnostic, and treatment center. Duke University www.duke.edu 919.684.8111 Located in Durham, Duke University has more than 6,484 full-time undergraduates and more than 8,107 full-time graduate and professional students. The university offers 50 undergraduate majors, graduate degrees in 60 fields, and graduate or professional degrees in law, divinity, medicine, nursing, engineering, environmental studies, and business. Duke is also as an international center for medicine. Its medical center features clinical and training programs as well as research programs. 50 2012 – 13 Research Triangle Regional Data Book Other Colleges and Universities In addition to the Raleigh-Durham area’s three major doctoral research universities, the area features eight additional institutions of higher learning. These institutions offer degrees ranging from associate and bachelor degrees to master and doctoral programs and contribute to the quality of education in the Raleigh-Durham area. Wake County Campbell Law School www.law.campbell.edu 919.865.4650 The Campbell Law School located in downtown Raleigh opened in 2009 and is 45 minutes north of Campbell’s main campus in Buies Creek. In 2012 the law school had 454 students enrolled with 21 states represented. Meredith College www.meredith.edu 919.760.8600 The largest private four-year women’s college in the Southeast, Meredith serves 1,707 undergraduates and 273 graduate students, offering 32 majors and concentrations, as well as continuing education and enrichment programs. Saint Augustine’s University www.st-aug.edu 919.516.4000 Saint Augustine’s College offers bachelor degrees in 27 different majors or areas of concentration. The 14:1 student-to-faculty ratio and the high percentage of doctoral level staff (70 percent) provide Saint Augustine’s 1,506 students with a high quality education. Shaw University www.shawuniversity.edu 919.546.8300 Shaw University serves 2,550 students with 13 departments offering 22 majors, three programs in Associate of Arts Degree, and one masters program in divinity. Southeastern Baptist Theological Seminary www.sebts.edu 919.761.2100 Located in Wake Forest, the seminary’s 2,603 students pursue undergraduate degrees in biblical studies, Master of Arts and Master of Divinity degrees in church music, and Christian education. William Peace University www.peace.edu 1.800.PEACE.47 A private college of liberal arts and sciences, the university serves 868 students and is located in historic downtown Raleigh. William Peace University offers 12 majors, an innovative teacher education program, and a wide variety of minors. Durham County North Carolina Central University www.nccu.edu 919.530.6100 NCCU serves 8,359 undergraduate and graduate students through the College of Arts and Sciences, the School of Business, the School of Education, the School of Law, and the School of Library and Information Sciences. Franklin County Louisburg College www.louisburg.edu 919 496.2521 Louisburg College is the oldest chartered two-year, church-related (Methodist), co-educational college in the nation. Currently 679 students attend Louisburg College. 51 2012 – 13 Research Triangle Regional Data Book quality of universities “Best College Values,” U.S. News & World Report, “Top 50 List,” 2013 #9 Duke University #17 UNC–Chapel Hill #40 NC State University “America’s Best Colleges – The Top National Universities,” U.S. News & World Report, 2013 #8 Duke University #30 UNC–Chapel Hill “America’s Best Colleges – The Top Public National Universities,” U.S. News & Report, 2013 #5 UNC–Chapel Hill #51 NCSU “America’s Best Graduate Schools,” U.S. News & Report, 2013. Business #11 Duke University #20 UNC–Chapel Hill Engineering #28Duke #29 NC State University Executive MBA (2010) #4 Duke #9 UNC–Chapel Hill Medical Law #11 Duke University #31 UNC–Chapel Hill #1 UNC–Chapel Hill - primary care #5 Duke - internal med University Placement Services The universities in the Raleigh-Durham area have exceptional resources to offer employers. Within the Triangle communities, employers can access thousands of prospective candidates in a wide variety of fields of study. Placement services will assist employers in hiring both upcoming graduates and experienced alumni. Services include providing resumes of prospective candidates, both entry level and experienced, and assisting with interviews with qualified and interested candidates. Duke University www.studentaffairs.duke.edu/career 919.660.1053 NC State University www.careers.ncsu.edu 919.515.2396 UNC–Chapel Hill 919.962.6507 www.careers.unc.edu 52 2012 – 13 Research Triangle Regional Data Book Community Colleges North Carolina’s comprehensive community colleges offer a variety of educational opportunities from literacy education for adults to associate degree programs for technical careers or college transfer. One important component of the community college program is customized education and training for area businesses and industries. Representatives from the community college work with employers to identify particular manpower training requirements and design a program tailored to those needs. Courses and workshops can be taught in the workplace on days and times convenient for employers. For companies in the process of building facilities, training can be arranged prior to completion of the new facility, allowing the company to begin its local operations with a fully trained work force. Training can also include courses and workshops on such varied topics as supervision, stress and time management, decision-making, business communications, and all levels of computer skill training. Community College Enrollment By Institution 2011-2012 Curriculum Continuing Education Unduplicated Total Central Carolina Community College 6,513 13,468 19,405 Durham Technical Community College 7,564 15,952 23,011 Johnston County Community College 5,298 9,983 14,628 Vance-Granville Community College 5,447 9,166 14,180 Wake Technical Community College 26,248 40,428 61,947 Total 51,070 88,997 133,171 Notes: Enrollment is for all campuses, including those outside of the MSA. Curriculum enrollment includes college transfer, general education, and technical and vocational programs. Continuing education enrollment includes customized industry training, continuing education, and literacy programs. Source: North Carolina Community College System Community College Enrollment By County of Residence 20062007* 20072008 20082009 20092010 20102011 20112012 Chatham 3,064 4,609 4,894 4,699 4,725 5,061 Durham 12,109 17,593 17,327 17,134 16,852 16,243 Franklin 2,894 4,746 4,374 4,130 4,259 4,355 Johnston 7,081 14,168 16,476 16,793 16,245 15,351 Orange 5,298 8,223 8,221 8,115 7,762 7,617 Wake 30,368 54,109 54,394 53,474 54,562 54,245 Total 60,814 103,448 105,686 104,345 104,405 102,872 Note: Enrollment includes curriculum and continuing education enrollment. *Includes curriculum totals only. Source: North Carolina Community College System 53 2012 – 13 Research Triangle Regional Data Book Community Colleges (continued) Central Carolina Community College www.cccc.edu 919.542.6495 (Chatham County) 910.893.9101 (Harnett County) 919.775.5401 (Lee County) Each year Central Carolina Community College serves more than 20,000 people. The college’s original campus is in Sanford with another satellite campus located near Lillington in Harnett County. Central Carolina offers many programs unique to North Carolina and the region including: laser and electro-optics technology, quality assurance, veterinary medical technology, motorcycle mechanics, telecommunications, instrumentation, and radio and television broadcasting technology with its own radio station, WUAW-FM. Durham Technical Community College www.durhamtech.edu 919.536.7200 Durham Technical Community College has satellite locations throughout Durham and Orange counties, as well as in Research Triangle Park. The college’s curriculum includes: accounting, business administration, computer programming, electronics, health technologies, industrial and engineering technologies, pharmacy technology, and more. The Small Business Center provides training and resource information, and the PC Software Training Center offers one and two-day courses. Johnston Community College www.johnstoncc.edu 919.934.3051 Johnston Community College curriculum includes subjects such as advertising and graphic design to autobody repair, medical sonography to early childhood associate, and health care technology to welding technology. Vance-Granville Community College www.vgcc.edu 252.492.2061 Vance-Granville Community College offers general college transfer, continuing education, distance education, health education, commerce and technical classes, public service, and vocational classes. Wake Technical Community College www.waketech.edu 919.866.5000 Wake Technical Community College offers curriculum education in six divisions: Arts and Sciences; Business Education; Computer & Information Technology; Engineering Technology; Health Education; Vocational Education; and University Transfer (General Education). Wake Tech’s continuing education programs include short-term, non-credit classes for job skills development, special interests, or occupational licensing. The college also offers English as a Second Language, adult high school, GED, and basic skills programs. The Occupational Education Division provides training for many of Wake County’s law enforcement, emergency medical service, fire prevention, and hospitality professionals. The Small Business Center provides seminars and counseling for business owners and entrepreneurs. 54 2012 – 13 Research Triangle Regional Data Book Public Schools Chapel Hill-Carrboro City Schools www.chccs.k12.nc.us • 919.967.8211 Number of Schools: 10 elementary; four middle; four high; two alternative schools Enrollment: 12,135 Chapel Hill-Carrboro City Schools is one of two public school systems in Orange County. Located near the flagship campus of the University of North Carolina and the world renowned Research Triangle Park, it serves a community with one of the highest educated populations in America. Chapel Hill-Carrboro Public School Foundation, an independent, nonprofit organization, is committed to working with the public school system and the local community to provide highquality education for all of our district’s students. Community Alliance for Student Success works to increase the involvement of all parents and caregivers in the education of their children through communication and program outreach to parents, school staff, and area employers. Chatham County Schools www.chatham.k12.nc.us • 919.542.3626 Number of Schools: 1 0 elementary (five of which are K-8); three middle; four high; one alternative school (8-12) Enrollment: 8,080 Chatham is located in the geographical center of North Carolina. A major component of community schools is a county-wide volunteer program. More than 1,000 volunteers provide services to the schools each year. The Chatham Education Foundation, a private not-for-profit organization, includes members from the business, education, and professional communities. Grants, mini-grants, and other special projects provide a continuous flow of supplemental support for education. More than 25 colleges, universities, and technical institutes are located within a 50mile radius of the county. Durham Public Schools www.dpsnc.net • 919.560.2000 Number of Schools: 3 0 elementary; 11 middle; 12 high; one alternative school; one school with emphasis on visual and performing arts; one hospital school Enrollment: 32,484 The school system boasts some of the finest school facilities in the state. Its magnet school program includes the following study areas: classical academy, visual and performing arts, geo-world and pre-international baccalaureate and middle years international baccalaureate, humanities, integrated arts and core knowledge, science and technology, Montessori, and accelerated and biosphere. The community involves itself through volunteers and community business partnerships among others. Franklin County Schools www.fcschools.weebly.com • 919.496.2600 Number of Schools: eight elementary; four middle; three high Enrollment: 8,567 Located northeast of the Research Triangle area of North Carolina’s Piedmont, historic Franklin County has experienced a burst of growth in recent years, bringing new people and new ideas to the county’s traditional hometown atmosphere. Increased student enrollment, new facilities, and higher academic standards are all part of the changing environment. New ideas, contemporary curriculum, and innovative programs combine with traditional educational values and methods to integrate the best of old and new for the students of Franklin County. Harnett County Schools www.harnett.k12.nc.us • 910.893.8151 Number of Schools: 17 elementary; five middle; four high; one alternative school Enrollment: 20,028 Harnett County Schools continues to grow at a rate of 800 additional students each year. With the increased projections, Harnett County is in the process of updating its capital school needs with an emphasis on replacement of aged buildings, renovation and expansion of existing buildings, and repairs of existing facilities. These renovations and additions are providing much needed upgrades in older school buildings as well as new media centers and computer labs. 55 2012 – 13 Research Triangle Regional Data Book Public Schools (continued) Johnston County Schools www.johnston.k12.nc.us • 919.934.6031 Number of Schools: 22 elementary; 12 middle; 10 high; one alternative school Enrollment: 33,260 Johnston County serves more than 31,000 students. Student achievement ranks among the top 20 percent of all North Carolina school districts. Johnston County Schools is one of only nine school districts in North Carolina to be accredited by the Southern Association of Colleges and Schools. There are 37 languages spoken by students and 33 teachers hosted from around the world through the Visiting International Faculty Program. North Carolina School of Science and Mathematics www.ncssm.edu • 919.416.2600 Enrollment: 680 The North Carolina School of Science and Mathematics opened in 1980 and is the country’s first public, residential high school for juniors and seniors with special interest and talent in the sciences and mathematics. The school offers a challenging curriculum and shapes leaders and thinkers for a greater North Carolina. It is the model for 18 like schools in the nation and world, and is an affiliate of the University of North Carolina. Orange County Schools www.orange.k12.nc.us • 919.732.8126 Number of Schools: seven elementary; three middle; two high; one alternative school Enrollment: 7,399 There are 13 schools in the district serving approximately 6,619 students in grades K-12. The schools in the system boast excellent parent involvement, a dedicated and well-trained staff, innovative programs, and community support. Classes are organized by teams, and innovative and creative pilot programs that assist students with special interests and needs are available. Person County Schools www.person.k12.nc.us • 336.599.2191 Number of Schools: seven elementary; two middle; one high; one alternative school Enrollment: 4,711 The Person County School System places strong emphasis on school and community partnerships. Person County Schools implemented Learning First, a learning standards program which ensures Person County’s high school graduates will have the necessary skills to be productive citizens. The program emphasizes basic skill requirements in reading, math, writing, and computers. Ninety-seven percent of the graduating seniors from Person County Schools receive diplomas. Wake County Public Schools www.wcpss.net • 919.850.1600 Number of Schools: 104 elementary; 33 middle; 25 high; five special/optional Enrollment: 149,494 Wake County Public Schools includes traditional schools of instruction and a network of innovative magnet schools designed to provide an extensive array of educational choices for all students. The magnet school program offers parents a choice of instructional programs such as creative arts and sciences, gifted and talented, international studies, active learning and technology, international baccalaureate, center for Spanish language/IBPYP, community model, leadership, Montessori, museums, university connections, and center for leadership and technology. Scholastic Aptitude Test Scores 2011-2012 543 math • 520 critical reading • 502 writing • 1565 Total SAT (Note: Wake County has a 74 percent SAT participation rate, compared to the national average of 52 percent participation rate. The North Carolina average SAT score is 1469.) 56 2012 – 13 Research Triangle Regional Data Book Public School Quality Public schools in each of the area’s nine school districts continue to earn high marks, outperforming school districts across the state and nation in end-of-course and proficiency tests, SAT scores, and other performance-measuring criteria. 2011–2012 Report Card for the ABCs of Public Education Grades 3-8* Reading Math Chatham 70.3% 82.0% Chapel Hill/Carrboro 85.2% 91.5% Durham 58.5% 74.4% Franklin 71.4% 82.7% Harnett 60.5% 71.6% Johnston 77.9% 88.7% Orange 75.3% 84.7% Person 71.7% 83.7% Wake 77.4% 86.4% North Carolina 71.2% 82.8% High School* Eng I Alg I Biology Chatham 80.2% 78.2% 67.0% CH/Carrboro 93.4% 85.2% 85.0% Durham 75.7% 67.1% 54.7% Franklin 84.1% 84.9% 78.3% Harnett 78.1% 70.5% 75.6% Johnston 85.3% 83.1% 82.2% Orange 86.4% 79.0% 70.0% Person 81.4% 79.7% 78.9% Wake 87.0% 86.1% 80.6% North Carolina 82.9% 78.7% 76.5% Local Funds per Student Avg. SAT Percent Tested Attendance Rate Chatham $3,008 1444 71% 96% Chapel Hill/ Carrboro $5,074 1766 90% 96% Durham $3,376 1399 73% 95% Franklin $1,496 1406 48% 94% Harnett $1,157 1397 51% 95% Johnston $1,781 1459 50% 95% Orange $3,128 1542 70% 95% Person $1,785 1415 47% 96% Wake $2,015 1565 74% 96% North Carolina $1,904 1469 68% 96% Source: North Carolina Department of Public Instruction; A Report Card for the ABC’s of Public Education 2010-2011. *Percentage of students’ scores at or above grade level 57 2012 – 13 Research Triangle Regional Data Book Private Schools For a complete listing of private schools in the area, contact the State of North Carolina Division of Non-Public Education at 919.733.4276 and ask for the North Carolina Directory of Non-Public Schools, or check out the website at www.ncdnpe.org. Durham County Agape Corner School K-12 religious boarding 919.685.7000 B.E. Academy K-10 religious day school 919.246.4112 Bethesda Christian Academy K-8 religious day school 919.598.0190 Camelot Academy 1-12 independent day school 919.688.3040 Cresset Christian Academy K-12 religious day school 919.489.2655 Duke School K-8 independent day school 919.287.2192 Durham Academy K-12 independent day school 919.493.9595 Durham Nativity School 6-8 independent day school 919.680.3790 Faith Assembly Christian Academy K-12 religious day school 919.687.2763 Fellowship Baptist Academy K-12 religious day school 919.596.9331 Five Oaks SDA School K-8 religious day school 919.493.5555 Gorman Christian Academy K-8 Religious Day school 919.688.2567 Hill Center 2-12 independent day school 919.489.7464 Immaculata Catholic School K-8 religious day school 919.682.5847 Lerner School K-5 religious day school 919.286.5517 Liberty Christian School K-12 religious day school 919.471.5522 Montessori Children’s House of Durham K-6 independent day school 919.489.9045 Montessori Community School K-8 independent day school 919.493.8541 58 2012 – 13 Research Triangle Regional Data Book Mount Zion Christian Academy K-12 religious day school 919.688.4245 New Horizons Academy of Excellence 9-12 independent day school 919.237.2789 New Life Christian Academy K-5 religious day school 919.323.3246 Quality Education Institute K-5 religious day school 919.680.6544 St. SYA Academy II 1-7 independent day school 919.768.7421 Tabernacle of Life Church School 5-7 religious day school 919.286.5860 Triangle Day School K-8 independent day school 919.383.8800 Trinity School K-12 religious day school 919.402.8262 Tutorial-1/2 Christian Schools K-1 Independent day school 919.596.8212 Franklin County Calvary Christian School K-11 religious day school 919.496.1177 Harnett County Cape Fear Christian Academy K-12 independent day school 910.897.5423 Coats Christian Academy 6-12 religious day school 910.897.2881 Faith Education Academy K-12 religious day school 910.892.9900 Foundations Christian Academy K-11 religious day school 910.892.8761 Johnathan’s House Christian Academy K-12 religious day school 919.567.1626 Learning Time Academy K Independent day school 919.567.1234 Malthouse Appleworks Private School K-9 independent day school 910.892.8660 Johnston County Academy of Hope 9-11 religious boarding school 919.550.8181 Gateway Christian School K-12 religious day school 919.894.5936 Kids R Kids School K Independent day school 919.550.8864 Lighthouse Christian Academy K-12 religious day school 919.359.9959 Southside Christian School K-7 religious day school 919.553.7652 Orange County Artgarden Montessori School K independent day school 919.942.1339 Carolina Friends School K-12 religious day school 919.383.6602 Emerson Waldorf School K-12 independent day school 919.967.1858 Montessori Day School K-5 independent day school 919.929.3339 Montessori Farm School K independent day school 919.732.5026 Pinewoods Montessori School K-4 independent day school 919.644.2090 St. Thomas More Catholic School K-8 religious day school 919.942.6243 Person County Person Christian School 1-9 religious day school 336.599.2150 Roxboro Christian Academy K-12 religious day school 336.599.0208 Sneed Academy K-3 independent day school 336.322.3757 Wake County (enrollment 250+) Cardinal Gibbons High School 9-12 religious day school 919.834.1625 Cary Academy 6-12 independent day school 919.228.4500 Friendship Christian School K-12 religious day school 919.872.2133 Grace Christian School K-12 religious day school 919.747.2020 Hilltop Christian School K-12 religious day school 919.552.5612 Montessori School of Raleigh K-9 independent day school 919.848.1545 North Raleigh Christian Academy K-12 religious day school 919.573.7900 Our Lady Lourdes Catholic School K-8 religious day school 919.861.4610 Raleigh Christian Academy K-12 religious day school 919.872.2215 Raleigh School K-5 independent day school 919.546.0788 Ravenscroft School K-12 independent day school 919.847.0900 St. David’s School K-12 religious day school 919.782.3331 St. Mary Magdalene Catholic School K-8 religious day school 919.657.4800 St. Mary’s School 9-12 independent boarding 919.424.4000 St. Michael the Archangel Catholic School K-8 religious day school 919.468.6150 St. Raphael’s Catholic School K-8 religious day school 919.865.5750 St. Timothy’s School K-8 religious day school 919.787.3011 Thales Academy of Wake Forest K-8 independent day school 919.453.6415 Trinity Academy of Raleigh K-12 religious day school 919.786.0114 Wake Christian Academy K-12 religious day school 919.772.6264 Cary Christian School K-12 religious day school 919.303.2560 Franciscan Catholic School K-8 religious day school 919.847.8205 59 2012 – 13 Research Triangle Regional Data Book International Schools Chinese Cary Chinese School 919.699.7873 • www.carycs.org CSS is a nonprofit educational organization. It promotes Chinese literacy and cultural exchange for enriching cultural diversity in our community. Raleigh Academy of Chinese Language www.racl.org Raleigh Chinese Language School is a registered nonprofit organization founded in 1977. Mandarin language classes and traditional style characters are taught, and 12 cultural classes are offered, including Chinese folk dancing, Tai-Chi, Kung-Fu, and Chinese calligraphy. Japanese Japanese Language School of Raleigh 919.787.1300 • www japanschoolraleigh.com The JLSR meets on Saturdays for 40 weeks each year. Classes include two levels of kindergarten, six grades of elementary school, three of middle school, and two of high school. There are currently about 260 students. French Ecole de Raleigh 919.781.9529 Approved by the French Government Department of Education, the curriculum is taught entirely in French. Classes for kindergarten through 12th grade are held daily throughout the school year, beginning at 1 p.m., allowing students to attend Wake County public schools in the morning. Charter Schools Charter schools provide parents a choice in the public education of their children. Public tax dollars are the primary funding sources for charter schools. The schools have open enrollment with no discrimination, no religious associations, and no tuition. North Carolina approved 95 charter schools for the 2002–2003 school year with more than 15,000 public school children enrolled. In the Raleigh-Durham area, there are a total of 27 charter schools, several of which are described below. For a complete listing, contact the State of North Carolina Division of Non-Public Education at 919.733.4276 and ask for the North Carolina Directory of Non-Public Schools or visit www.dpi.state.nc.us/charter. Durham County Carter Community School K-8 • 919.797.2340 Wake County Casa Esperanza Montessori K-8 • 919.855.9811 Healthy Start Academy Charter School K-8 • 919.956.5599 East Wake Academy K-12 • 919.404.0444 Kestrel Heights School K-12 • 919.484.1300 Endeavor Charter K-8 • 919.848.0333 Maureen Joy Charter School K-8 • 919.493.6056 Exploris Middle School 6-8 • 919.715.3690 Research Triangle Charter Academy K-8 • 919.957.7108 The Franklin Academy K-12 • 919.554.4911 Voyager Academy K-12 • 919.433.3301 Hope Elementary School K-5 • 919.834.0941 Magellan Charter School 3-8 • 919.844.0277 Orange County Orange Charter School K-8 • 919.644.6272 PreEminent Charter School K-8 • 919.235.0511 PACE Academy 9-12 • 919.933.7699 Quest Academy K-8 • 919.841.0441 Raleigh Charter High School 9-12 • 919.715.1155 Southern Wake Academy 9-12 • 919.567.9955 Sterling Montessori Academy K-8 • 919.462.8889 60 2012 – 13 Research Triangle Regional Data Book Torchlight Academy K-5 • 919.829.9500 Smarter all around.™ infrastructure Water & Sewer 62 Natural Gas 62 Telecommunications62 Electricity63 RDU International Airport 64 Highways65 Freight Railway Service 65 Public Transportation 66 Ports66 2012 – 13 Research Triangle Regional Data Book Water and Sewer The Research Triangle area is a water-rich region with substantial excess overall water supply for the foreseeable future. Water and sewer services are provided by county and municipal governments throughout the MSA. The metro area currently uses about 80 million gallons of water per day from existing supplies, which have a combined safe yield of about 180 million gallons per day. Planned expansions will raise the safe yield to about 250 million gallons by the year 2020, at which time average daily use is expected to increase to 160 – 170 million gallons per day. Service charges and rates vary by system provider. For municipal Public Works contact information, please visit www.raleigh-wake.org and click on “Communities.” Natural Gas PSNC Energy serves most of the area with a portion of the MSA receiving service from North Carolina Natural Gas. All rates are subject to a 3 percent state sales tax. Public Service Company will extend gas mains in streets that are at an established final grade for distances up to 100 feet without charge to the customer. For main extensions exceeding 100 feet, a revenue test will be required, and the customer may be charged if anticipated revenue does not produce a reasonable return on the total cost of such excess facilities. PSNC will install up to 100 feet of gas service line, measured from the property line to the meter on the customer’s premises at no charge. For installations beyond 100 feet, the customer will be charged the average cost of installation based on PSNC’s prior experience. For rate information, contact: PSNC Energy 1.800.776.2427 www.psncenergy.com Telecommunications The region has in place the necessary infrastructure to address the sophisticated telecommunications needs of today’s companies. Fiber optics, high-speed, error-free data, voice and video transmission, and digital switching are all readily available and are unmatched in reliability and quality. Additionally, the region has a wealth of wireless capabilities. Telecommunications capability highlights include: ~ All switches are digital. ~ Most major feed routes have fiber optic capabilities. ~ There are multiple fiber rings and route diversity between central offices. ~ Companies in the area can have their own self-healing networks. Companies serving the area are as follows: Access Point, Inc. Alcatel USA Alltel AT&T CenturyLink DeltaCom FeatureTel MebTel Communications Progress Telecom Sprint Teligent Time Warner Telecom Verizon Communications Windstream Communications 62 2012 – 13 Research Triangle Regional Data Book Electricity Electricity in Wake County is provided by Duke Energy Progress and the North Carolina Electric Membership Corporation. Electric rates vary by provider and depend upon the level of electricity service demands, the load factor of the operation, and whether an enterprise can vary the time of day of its energy demands. For information about the best rate for specific electricity needs, the local utility should be contacted. Information for the largest providers is given below. Duke Energy Progress www.duke-energy.com 800.452.2777 550 S. Tryon St. Charlotte, NC 28202 Rate and Rider Options Large General Service/LGS - TOU Medium General Service Small General Service/SGS - TOU Transformation Discount Incremental Power Service Rider Dispatched Power Rider Economic Development Rider Curtailable Load Rider Standard Rates–G: General service and I: Industrial Service Electric Space Conditioning Rate–GA: for customers using electricity for space heating and air conditioning Time-of-Day Rate–OPT: lowest rate for high load factor usage, half-price energy during off-peak hours Duke Power also offers an Hourly Private Rate, HP, that is currently being piloted Products and Services Power Protection Services Exterior Lighting Telecommunications High Voltage Services Energy Services Total Facilities Management Natural Gas + Energy-efficient Plants Program + Electro-technologies Assistance North Carolina Electric Membership Corporation www.ncemc.com 800.662.8835 3400 Sumner Blvd. Raleigh, NC 27616 The North Carolina Electric Membership Corporation consists of a family of corporations formed to support the state’s 26 electric cooperatives. Together, these organizations serve more than 2.5 million North Carolinians. ElectriCities www.electricities.com 919.760.6000 1427 Meadow Wood Blvd. Raleigh, NC 27604 ElectriCities is a membership organization including public power communities in North Carolina, South Carolina, and Virginia. ElectriCities provides management services to the state’s two municipal power agency’s — North Carolina Municipal Power Agency Number 1 and North Carolina Eastern Municipal Power Agency. Facts and Figures Total generation capacity: more than 22,000MW (Carolinas – 12,600 MW) Generation mix (2012): Coal: 37 percent Nuclear: 50 percent Gas/Oil - 12 percent Hydro and other: 1 percent Continuity of service: 99.99 percent Line miles (Carolinas): more than 186,000 miles of transmission and distribution lines Other Service Characteristics Owns 58,200 MW capacity Service area covers 58,000 square miles in NC More than 152,200 miles of distribution lines and 20,900 mile transmission system Continuity of Service: 99.99 percent 63 2012 – 13 Research Triangle Regional Data Book Raleigh-Durham International Airport Located five miles east of Research Triangle Park in Wake County, the Raleigh-Durham International Airport provides efficient and cost-effective travel options for the Research Triangle area. RDU is served by eight major airlines and seven regional carriers with a total of more than 400 flights daily. Non-stop weekday flights to international destinations include Cancun, London, and Toronto. For more information, visit www.rdu.com. The second phase of Terminal 2 opened Jan. 23, 2011. The terminal has two concourses featuring 36 gates, a 10 lane security checkpoint, and three island-style check-in counters. The terminal cost $570 million, is 920,000 square feet, and will accommodate up to 11.4 million passengers annually. Airlines Serving Raleigh-Durham International Airport Air Canada AirTran American Airlines American Eagle Delta Delta Connection JetBlue Southwest United United Express US Airways US Airways Express Vision Airlines Non-Stop Available Airline Flights from Raleigh–Durham International Airport Atlanta* Baltimore – Washington* Boston Cancun, Mexico Charlotte* Chicago Midway Chicago O’Hare* Cincinnati* Cleveland Columbus, OH Dallas – Fort Worth* Denver Detroit* Fort Lauderdale, FL Hartford Houston – Bush Houston – Hobby Indianapolis, IN Las Vegas London, Heathrow Los Angeles Memphis Miami* Minneapolis – St. Paul Nashville New York – JFK New York – LaGuardia Newark, NJ Orlando Philadelphia* Phoenix* Pittsburgh* San Francisco St. Louis* Tampa – St. Petersburg Toronto, Canada Trenton – Mercer County, NJ Washington – Dulles* Washington – Reagan National * Indicates major hub airport; bold typeface indicates international destination General Aviation Services www.rdu.com Cargo Carriers and Statistics A U.S. Customs office, numerous freight forwarders, and two air cargo carriers are housed at Raleigh-Durham International Airport facilitating the transportation of goods for local companies. 64 2012 – 13 Research Triangle Regional Data Book Highways North Carolina has the second largest state-maintained highway system in the nation, with more than 80,000 miles of highways. Three interstate highways intersect the Research Triangle region, giving the area excellent access to many East Coast destinations. In fact, the Research Triangle area is within two days trucking distance of over 60 percent of the U.S. industrial base. Wake County Interstates Average driving times from Wake County to: Asheville, NC 4 hours Atlanta, GA 6 hours Charleston, SC 5 hours New York, NY 9 hours Washington, DC 4.5 hours Wilmington, NC 2 hours More than 275 trucking companies employ more than 2,400 people in the Research Triangle area. These figures ensure that goods are efficiently transported to and from the Research Triangle area. The state of North Carolina has more than 2,100 trucking companies employing in excess of 31,000 people. For more information regarding trucking companies in North Carolina, visit www.nctrucking.com. Freight Railway Services The NCRR corridor spans 317 miles of track and 20 railroads crisscross North Carolina. Freight service in the Research Triangle area is provided by Norfolk-Southern Railway and CSX Transportation. Rail lines run on both the eastern and western borders of the Research Triangle Park between Raleigh and Durham. CSX TransportationNorfolk Southern Railway 860 Semart Drive 1500 Carson St. Raleigh, NC 27604 Raleigh, NC 27608 919.833.2725919.831.3002 65 2012 – 13 Research Triangle Regional Data Book Public Transportation City Bus Service www.raleighnc.gov/transit • 919.485.RIDE Each of the Raleigh-Durham area’s four largest cities offers local transit systems providing bus service within each city and the surrounding area. Regional Bus Service www.triangletransit.org • 919.485.7433 Triangle Transit provides bus service connecting the cities in the Raleigh-Durham area with the local bus systems and the Research Triangle Park. Nationwide Bus Service www.greyhound.com • 800.231.2222 (Greyhound) • 919.834.8275 (Carolina Trailways) The Raleigh-Durham area offers depots for two major nationwide bus lines: Greyhound and Carolina Trailways. Passenger Rail Service www.bytrain.org or www.amtrak.com • 919.833.7594 Amtrak offers service in the Raleigh area with the Silver Star Line, running to either New York or Miami, and the Carolinian, which offers service within North Carolina and on to Richmond and Washington, D.C. Taxi And Limousine Service The Raleigh-Durham Area is served by more than 75 taxi companies, along with airport van and limousine services. Ridesharing Services www.triangletransit.org • 919.485.7433 Triangle Transit also offers a regional ride-sharing program providing free carpool matching, vanpool formation, and van leasing assistance. Ports North Carolina’s port cities are Wilmington and Morehead City. Exporters who use the North Carolina ports at Morehead City and Wilmington and who are subject to payment of North Carolina income taxes can apply and qualify for a tax credit. For information, contact the North Carolina Ports Authority at 800.334.0682 or visit www.ncports.com. Wilmington Foreign Trade Zone #66 390 acres • 1 million square feet of warehouse space Wilmington is one of the few U.S. South Atlantic ports with a rail line running directly into its container yard. This makes it unnecessary to drag containers between the docks and a distant rail ramp. Morehead City Foreign Trade Zone #67 40 acres • 190,000 square feet of warehouse space Morehead City is along the Newport River, four miles from the Atlantic Ocean. It is used principally for handling breakbulk and bulk cargo but does have container-handling capability.` 66 2012 – 13 Research Triangle Regional Data Book Smarter all around.™ properties data book Wake County Properties 68 Construction Costs 70 70 Research Triangle Park Centennial Campus 71 2012 – 13 Research Triangle Regional Data Book Wake County Properties The Research Triangle area is a dynamic market with a broad offering of buildings and land available for sale or lease. The area offers numerous class A office buildings, some freestanding and others located in beautifully landscaped office centers or parks. There are also a number of flex building complexes providing space for mixed-use laboratory, showroom, distribution, and light assembly requirements. For your manufacturing facility needs, the community has many industrial/business parks for manufacturing, assembly, distribution, and warehousing operations. There are also a number of freestanding industrial/warehouse buildings and multi-tenant facilities in a variety of sizes. If you want to purchase land, there are many master-planned office, industrial, and business parks. The area also offers numerous appropriately zoned, freestanding industrial and office sites with full utilities and infrastructure in place, which are available for purchase. Property Inventory A complete listing of available properties in Wake County is available at www.raleigh-wake. org. Once a building has been identified, please call the Wake County Economic Development’s research manager at 919.664.7066 for additional information. Average Lease Rates Office buildings rates are typically quoted on a full service basis, whereas industrial, warehouse, and flex buildings are typically quoted on a triple net basis, meaning that an additional amount would be paid for taxes, insurance and common area maintenance (a TICAM charge). Rates are typically quoted on a per square foot per year basis. Flex buildings are typically quoted on the basis of a shell rate, with an additional amount added for the cost of any upfit for offices or specialized requirements. Construction Costs Construction costs in North Carolina are among the lowest of any state in the country and will vary depending upon the construction materials used, the characteristics and topography of the site, any specialized air conditioning/air handling or electrical utility requirements, etc. Land Prices Generally, land is more costly near Research Triangle Park, RDU Airport, downtown Raleigh, and near Interstate-40 access. As is the case in all parts of the country, the larger the parcel the better the per acre price. Land in business parks is more expensive than free standing sites, though when development costs for utilities, roads, site preparation, and landscaping are added, this can tend to equalize price differentials. 68 2012 – 13 Research Triangle Regional Data Book Published Market Surveys There are a number of periodically published sources of information about the real estate market in the Raleigh-Durham area. Copies of the following reports and surveys are available either from the publisher or from Wake County Economic Development: Space Published by Triangle Area Office Building Association, this publication is a survey of office, flex, warehouse, and retail buildings in the market. Copies available from: Triangle Business Journal www.bizjournals.com/triangle 1305 Navaho Drive, Suite 100 Raleigh, NC 27609 919.327.1000 Business Leader Media Provides information on real estate trends and happenings in the market. Copies available from: Business Leader Media www.businessleader.com 3801 Wake Forest Road, Suite 102 Raleigh, NC 27609 919.872.7077 Quarterly Office and Industrial Market Index Briefs Published by CB Richard Ellis, these briefs summarize vacancy and absorption rates in each submarket and provide narratives on real estate in the area and summaries of new commercial construction. Copies available from: CB Richard Ellis www.cbre.com/raleigh 4208 Six Forks Road, Suite 1220 Raleigh, NC 27609 919.831.8200 Annual Market Report & Forecast Published by NAI Carolantic Realty, the Annual Real Estate Report provides an in-depth analysis of the office, industrial, retail, hotel, apartment, and single-family housing markets. It also provides a forecast for the upcoming year. Copies are available free of charge from: NAI Carolantic Realty www.naicarolantic.com 3605 Glenwood Ave., Suite 100 Raleigh, NC 27612 [email protected] 919.832.0594 69 2012 – 13 Research Triangle Regional Data Book Construction Costs The Research Triangle area enjoys relatively low building construction costs. Costs are more than 20 percent lower than the average for 30 major U.S. cities and compare favorably to other metropolitan areas. Construction costs in the area are declining relative to the benchmark 30 major city average. Research Triangle Construction Cost Index Note: Index is for given year with average for 30 major cities for each year = 100.0 2011 Construction Cost Index City Cost Index Atlanta, GA Austin, TX Baltimore, MD Chicago, IL Charlotte, NC Columbia, SC Durham, NC Greensboro, NC Jacksonville, FL Nashville, TN Raleigh, NC Richmond, VA San Francisco, CA San Jose, CA Washington, D.C. United States 88.1 79.1 92.6 117.2 76.5 76.3 77.1 76.2 85.2 85.9 76.6 85.3 123.6 117.9 97.9 100.0 Source: R.S. Means, Co., 2011: Means Building Construction Cost Data Research Triangle park Research Triangle Park is a planned research development, created in 1959 by leaders from business, government, and academia to attract companies doing world-class research and development in growing scientific and technological disciplines. RTP is centrally located between the three major Triangle research universities: North Carolina State University in Raleigh, Duke University in Durham, and University of North Carolina in Chapel Hill. Close ties between university departments and RTP firms and access to university facilities are strong advantages for area businesses. Also located in RTP is the NC Biotechnology Center, a state supported initiative that provides grants and creative services to support biotech companies. The partially state funded MCNC offers advanced resources in microfabrication and telecommunications and houses the NC Supercomputing Center. Other strong drawing cards are the Research Triangle Institute (the nation’s fourth largest nonprofit contract research organization), educated and talented students, a high quality labor supply, and opportunities for interactive research. Raleigh-Durham International Airport is only five miles from RTP. Research Triangle Park Facts Size: 7,000 acres Total tenants: 170 1,800 startups have been created since 1970 Employees: 49,000 Average salary: $56,000 Approximately 80 percent of the employees in RTP work for multinational companies Development surpasses 22.5 million square feet Capital investment exceeds $2.8 billion Website www.rtp.org 70 2012 – 13 Research Triangle Regional Data Book Centennial Campus The Centennial Campus of North Carolina State University, a 1,334-acre research park adjacent to NC State University’s main campus in Raleigh, is quickly emerging as the Research Triangle’s fastest growing development. There is no other campus or research park like it in the country. Centennial Campus is a “technopolis” of corporate, government, and academic R&D facilities and business incubators. The unique master plan guiding its growth builds on R&D neighborhoods with multidisciplinary themes: Biotechnology, Advanced Communications Technologies, Environmental Technologies, Advanced Materials, International Technology Transfer and Trade, and Pre-College Education. The major feature of Centennial Campus is the intensive partnership among industry, government, and university residents. Corporate and government resident partners are given full University Affiliate Status. This facilitates research partnerships in a broad spectrum of scientific, technological, and scholarly endeavors, as well as access to university facilities and equipment. Workforce partnerships provide just-in-time research faculty, graduate students, and interns for corporate project teams. The leading-edge technology environment supports training partnerships and teleconferences among corporate and government sites as well as universities throughout the country. Centennial Campus Facts Size: 1,334 acres (1,120 Centennial Campus, 214 Centennial Biomedical Campus) Population: 2,556 corporate and government employees; 1,200 university faculty, staff and postdocs; 6,400 university students; 600 middle school students; 60 housing residents Available Space: 3 million square feet of space constructed in 32 major building modules; wet lab and office incubator space; building sites through land lease for build-to-suit options Website www.centennial.ncsu.edu 71 2012 – 13 Research Triangle Regional Data Book