What is the economy of Durham like?

April 25, 2012 | 0 Comments

You may know the city of Durham, North Carolina as the home of the Blue Devils but if you take a closer look, you’ll find there’s a lot more in Durham to be interested in than its university sports program. Located 30 miles northwest of Raleigh, Durham makes up one tip of the famous Research Triangle Park (RTP) that holds close to 140 research and development companies.

Visitors to Durham find its relatively mild climate truly appealing, with winter lows rarely reaching 35 degrees and summer highs hovering at just under 90. Its growing population, which is steadily approaching the quarter million mark, all seem to agree with its appeal.

Home to both Duke University and North Carolina Central University, the combined student population of 22,000 seems almost dwarfed when held in comparison to the 33,000 employed by Duke alone. The city’s local economy, spurred on by the presence of major employers that comprise the 140 companies within the RTP, is a thriving one.

All of which goes to prove that you don’t have to be a university student or even a sports fanatic to want to take up residence in this bustling metropolis. Apartments in Durham run the gamut from inexpensive (north Durham) to borderline extravagant (west Durham) but there’s one commonality that brings them together. All are within the influence of Durham’s vibrant culture and economy.

Category: City Guides, Raleigh/Durham/Chapel Hill