Cary North Carolina boasts an ideal location. While the housing mix includes a wide variety of single-family and multi-use properties, a large portion of the real estate market is made up of large four- and five-bedroom homes, which are typically over 3000 square feet in size. Nonetheless, buyers can find a nice range of options in one of the safest cities in the country.
Cary city limits span two counties between Raleigh and Durham. Residents enjoy easy access to the airport, both major metro centers and all three universities of the Research Triangle. Despite its close proximity to these campuses, Cary consists largely of single-family homes. Furthermore, over 70% of homes are owner-occupied. Cary is also known for is relatively affluent population. Median household income is well over $100,000, which means many homes are priced above $500,000. Colonial-style construction is popular throughout the Piedmont region, and private neighborhoods are scattered throughout the entire city. Nonetheless, buyers can find an array of lower-priced, medium-sized homes around Cary Towne Center, and several new townhome communities are developing just west of the Triangle Expressway. Better still, the city enacted Planned Unit Development(PUD) zoning in 1971, which allows future residents to know the exact location of schools, industrial zones and amenities.
The three universities of the Research Triangle employ a large percentage of local residents. Major industries are software development, engineering technology, medical research and finance. With over 5,000 employees, the SAS Institute is Cary’s largest employer. Other top employers include Verizon, WakeMed and Fidelity Investments. American Airlines operates a major reservation center in Cary, and the town is also home to the famous John Deere Tractor. Jobseekers are fortunate to enjoy a wide range thanks to a well-planned public transportation system. In fact, Cary operates its own transit system called C-Tran. The network includes six fixed routes as well as door service for seniors and people with disabilities.