Raleigh Tops Forbes' List of Business, Career Areas

Posted April 5, 2007

— Raleigh may be at a lower latitude than several metropolitan areas in the country, but the city is sitting on top of the world, according to Forbes magazine.

The widely regarded business publication Thursday listed Raleigh as the top U.S. metro area for business and careers. It listed Durham as No. 7, and seven other Tar Heel towns were in the top 200 list.

The Southeast, Forbes’ Kurt Badenhausen wrote, is one part of the nation that “consistently manages to produce strong economic growth and still keep costs down.” The article appeared on, the magazine's Web site.

Forbes used several criteria in making up the list, where Raleigh had been first runner-up for three years.

The data included indexes of business and living costs, five-year numbers on job and income growth, migration trends, the education of the work force in each metro area and other information such as crime rates and cultural opportunities, Forbes said.

“Raleigh's economy has expanded 6 percent annually over the past three years. Helping to fuel this growth are business costs that are 13 percent below the national average and a labor force where 38 percent have a college degree—the 12th-highest percentage in the country,” Badenhausen wrote.

Overall, Forbes ranked 200 large metropolitan areas.

North Carolina cities on the list in addition to Raleigh and Durham were Charlotte (21st), Asheville (23rd) and Winston-Salem (24th), Wilmington (38th), Greensboro (61st), Fayetteville (105th) and Hickory (167th).

“With the top business climate in the nation, it is no surprise that North Carolina is home to nine of the country’s top 200 places for business and careers,” Gov. Mike Easley said. “Business leaders know they can get highly skilled employees in North Carolina and employees know there is plenty for their families to enjoy from the mountains to the coast.”


Please with your account to comment on this story. You also will need a Facebook account to comment.

Oldest First
View all
  • CherryDarling Apr 7, 2007

    Sneetch - growth here is already out of control... and nothing, at this point, is going to stop it. I can only imagine what it will be like 10 years from now.

    and Bob... hate to break it to you, but the NC school systems are not as great as they (the Bd of Ed, news, etc) would have you believe. The school system needs a MAJOR MAJOR MAJOR overhaul.

  • chiefmanyhorses Apr 6, 2007

    If you call same sex marriage, gangs and me, me, me first attitude progressive. I enjoyed the serene countryside and lack of rude behavior. Nothing good lasts forever.

  • Bob Sidel Apr 6, 2007

    Thanks to all of the out of state people who have moved here to make this underdeveloped farm land into something progressive. I think the educational system might even start improving soon.

  • chiefmanyhorses Apr 6, 2007

    Great news, maybe...
    I've been a North Carolinian 40 of my 48 years. I've seen the changes throughout the entire state over the past decade. I have no doubt that the qualities which make NC so attractive will become victim of its own success.

  • lornadoone Apr 6, 2007

    E-Diva, I am proud of my city. I'm a native. However, the growth will get out of control if our local leaders don't start regulating it... then we will end up an overgrown metro area, and will drop from those lists.

  • E-Diva Apr 6, 2007

    People should be proud that the place they call home is regularly on the top 10 lists for everything....not whining about the people it brings here. How do you think we get on those lists? Great people, great business, great schools, great real estate! Congrats Raleigh, I've been in NC for 19 years - Fayetteville for 9, Chapel Hill for 4 and now Raleigh for 6 years.

  • FiveOclocksomewhere Apr 6, 2007

    Hat's off to North Carolina!!!! Native for 43 yrs

  • Corvette Sales Apr 6, 2007

    Raleigh is a great place to live. I have been here for 35 years.

  • Wolfman456 Apr 6, 2007

    This is going to cause a major growth, property values will rise.

  • The Capitalist Apr 6, 2007

    Don't split hairs, independent_thinker. The government owns the schools and roads--I could care less if they put government workers out there building them or if they pay a private company to do it. The incentives are the same, and the results are the same. Very expensive crap. If the roads were privately owned and the government school system was abolished (forcing people to pay for their kids education as they should), there would be exactly the right amount of each, and it would be far cheaper for society as a whole than the current government-owned infrastructure.

    As for oil subsidies and corporate welfare, you'll get no argument from me, and I'm not sure why you thought you would. Maybe you need to do a little more 'independent thinking' and find out what capitalism actually is. It certainly doesn't imply government support for private entities. If someone put that in your impressionable mind growing up, they were wrong.