Everything You Should Know Before Moving to Research Triangle Park, NC
Thinking of moving to the Research Triangle Park area in NC? The region hosts a dynamic workforce of over 60,000, with nearby communities offering a median home price around $465,000 and average rents of $1,620. Residents enjoy a mild climate with 60% sunny days, commute times averaging 25 minutes, and access to world-class universities and hospitals. With a high educational attainment rate of 48.4%, competitive cost of living, and a vibrant tech-driven economy, RTP is an ideal spot for professionals and families seeking opportunity in North Carolina.
Demographics - Research Triangle Park, NC
Demographics - Research Triangle Park, NC
Research Triangle Park is a unique business hub with a daily workforce exceeding 60,000, though it is not a traditional residential city. The surrounding Durham County features a median age of 34.5 and a diverse population, including 54% White, 23.5% Black, and 11% Asian residents. About 12.5% of locals speak languages other than English, contributing to a multicultural community.
Population:
2,500 (approximate daily workforce: 60,000+)
Density:
N/A (campus-style business park, not a traditional city)
Median Age:
34.5 (Durham County avg.)
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
12.5%
Ethnic Composition
White:
54.0%
Black:
23.5%
Asian:
11.0%
Others:
11.5%
Cost Of Living
What is the average cost of living in Research Triangle Park, NC?
The cost of living in the Research Triangle Park area is slightly above the national average, with a cost of living index of 104.3. Median home values are around $465,000 and average rents for a two-bedroom apartment average $1,620, offering a balance between affordability and quality. Utilities, groceries, and healthcare costs remain competitive for the region, making it attractive for professionals and families.
Median House Value:
$465,000 (Durham/Chapel Hill area)
Gross Rent:
$1,620 (2BR, regional average)
Monthly Electricity Charges:
$120
Auto Insurance:
$1,050
House Owner Cost With Mortgage:
$1,950
House Owner Cost Without Mortgage:
$620
State Taxes:
Low:
4.75%
|
High:
4.75%
Cost Of Living Index:
104.3
Grocery:
99.1
Housing:
109.5
Utilities:
97.2
Transportation:
101.0
Health Care:
98.5
Miscellaneous:
97.0
Crime
Is Research Triangle Park, NC a safe place to live?
Research Triangle Park, located within Durham County, sees a moderate crime rate with about 300 violent crimes and 2,100 property crimes per 100,000 residents each year. Residents have a 1 in 333 chance of experiencing violent crime, which is on par with many urban areas. The business park environment and surrounding communities benefit from active security and community engagement.
Violent Crimes Per 100k:
300 (Durham County avg.)
Property Crimes Per 100k:
2,100 (Durham County avg.)
Crime Index:
2,400
Chance Of Violent Crime:
1 in 333
Chance Of Property Crime:
1 in 48
Weather
What is the weather like in Research Triangle Park, NC year-round?
The area enjoys a mild climate, with winter lows around 31°F and summer highs reaching 89°F. Residents experience 60% sunny days annually and nearly 46 inches of rainfall, supporting a lush, green landscape. Seasonal changes are comfortable and make the region ideal for year-round outdoor activities.
Winter
Min:
31°F
Max:
50°F
Spring
Min:
48°F
Max:
74°F
Summer
Min:
68°F
Max:
89°F
Fall
Min:
50°F
Max:
73°F
Average Rainfall Inches:
45.9 inches
Sunny Days Percentage:
60%
Neighbors
Communities near Research Triangle Park offer a median household income of $79,500 and a family income of $92,000, reflecting a prosperous local economy. Educational attainment is high, with nearly half of adults holding at least a bachelor’s degree, and the typical commute is about 25.5 minutes. The area features a diverse population and a low unemployment rate of 3.4%, fostering a vibrant and inclusive environment.
Median Income:
$38,000
Household Income:
$79,500
Family Income:
$92,000
Per Capita Income:
$41,200
Income Male:
$47,000
Income Female:
$40,000
Poverty Rate:
12.7%
Non English Speakers:
12.5%
Rent:
$1,620
Unemployment Rate:
3.4%
Public Transport Usage:
2.5%
Commute Time:
25.5 minutes
Education
High School or Higher:
92.1%
Bachelors or More:
48.4%
Education
How are the schools in Research Triangle Park, NC?
The region is renowned for its educational resources, with excellent public and private schools and proximity to world-class universities like Duke, UNC-Chapel Hill, and NC State. Local schools offer favorable student-teacher ratios, and nearly half the adult population holds at least a bachelor’s degree. This makes the area especially attractive for families prioritizing education.
Public Schools
Name:
Parkwood Elementary School
Street:
5207 Revere Rd, Durham, NC 27713
Phone:
919-560-3962
Students:
550
Student Teacher Ratio:
14.5
Name:
Rogers-Herr Middle School
Street:
911 W Cornwallis Rd, Durham, NC 27707
Phone:
919-560-3970
Students:
850
Student Teacher Ratio:
15.2
Private Schools
Name:
Triangle Day School
Street:
4911 Neal Rd, Durham, NC 27705
Phone:
919-383-8800
Students:
350
Colleges
Name:
Duke University
City:
Durham
State:
NC
Distance:
10 miles
Students:
17,000
Name:
University of North Carolina at Chapel Hill
City:
Chapel Hill
State:
NC
Distance:
12 miles
Students:
31,000
Name:
North Carolina State University
City:
Raleigh
State:
NC
Distance:
17 miles
Students:
35,000
Healthcare
Residents have access to top-tier healthcare, with major hospitals like Duke University Hospital and UNC Hospitals nearby. The region boasts approximately 3 physicians per 1,000 people and over 91% health insurance coverage, ensuring comprehensive medical support. Healthcare quality is strong, with a healthcare index of 81.2.
Major Hospitals
Name:
Duke University Hospital
Address:
2301 Erwin Rd, Durham, NC 27710
Phone:
(919) 684-8111
Type:
General & Teaching
Emergency Services:
Yes
Name:
UNC Hospitals
Address:
101 Manning Dr, Chapel Hill, NC 27514
Phone:
(984) 974-1000
Type:
General & Teaching
Emergency Services:
Yes
Physicians Per 1000:
3.0
Health Insurance Coverage:
91.6%
Health Care Index:
81.2
Housing Market
What is the housing market like in Research Triangle Park, NC?
The housing market features a median home price of $465,000 and an average two-bedroom rent of $1,620, with most homes being owner-occupied. The area has seen home values appreciate by 6.5% over the past year, and the rental vacancy rate sits at 6.2%. This stable and growing market makes it appealing for both buyers and renters.
Median Home Price:
$465,000
Average Rent For 2 Bedroom:
$1,620
Owner Occupied Rate:
58.4%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
6.5%
New Construction Rate:
2.2%
Foreclosure Rate:
0.4%
DMV Information
Vehicle services are provided by the North Carolina Division of Motor Vehicles, conveniently located in Raleigh and accessible online. Residents can handle driver's licenses, registrations, and other motor vehicle needs through the state DMV. Contact options include phone and the official DMV website for efficient service.
State:
North Carolina
Department:
NC Division of Motor Vehicles
Address:
1100 New Bern Ave, Raleigh, NC 27697
Phone:
919-715-7000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.