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This North Carolina Suburb Ranks As One Of The Top 10 Rising Luxury Cities In America

Author Melanie Day

Looking for that luxury living experience close to home you’re in luck. Our friends at Architectural Digest recently ranked 115 cities as the top emerging luxury cities in America. Ten different North Carolina cities made the luxury cities list, with one popular suburb ranking in the top 10! To be included on this list cities must have at least 100,000 residents as of 2023 and that number must be trending upwards. Cities were ranked in 6 different categories. These included activities, properties, dining, annual income, diversity, and safety.

According to Architectural Digest a rising luxury city offers “more than affluence”. These cities are characterized by their “quality, comfort, and luxury”. So which NC city made the top 10? Coming in at number 9 was Cary, NC. Cary is a suburb of Raleigh that I know very well. And I’d certainly understand why it has this ranking. It’s prime location in the triangle is convenient for many high-paying jobs. And with a high average income and ever-growing infrastructure, it’s only becoming a more enticing place to live year after year.

Cary received this high ranking thanks to the following scores:

  • 4th for the percentage of households with an annual income of over $150k
  • 10th for the percentage of properties sold or listed for $1 million or higher
  • 20th for luxury activities and interests

While Cary was the highest-ranked North Carolina city on the Rising Luxury Cities list, it was far from the only one. Here’s how the other NC cities ranked:

  • Concord (26th)
  • Charlotte (34th)
  • Raleigh (38th)
  • Durham (46th)
  • High Point (60th)
  • Wilmington (65th)
  • Fayetteville (84th)
  • Greensboro (87th)
  • Winston-Salem (92nd)

So who ranked above Cary? It was cities like Irvine, CA and Frisco, TX. According to Architectural Digest, the cities on this list are “where safety, achievement, and cultural diversity” meet “luxury activities, homes, and restaurants.” You can read the full report and more about the methodology in this study here. Thanks to our friends at Architectural Digest for sharing their research with us.

This Is Where The Money Is - The Richest Cities And Towns In North Carolina

What are the richest cities and towns in North Carolina? There is a lot of money in the state between the major cities, the mountains, the coast, and in between. The financial experts at Forbes recently conducted an analysis to determine the richest places in the state of North Carolina.  To do this they looked at over 400 cities aka census-designated places in NC. Cities were ranked on four metrics including median household income, mean household income, median home value, and median property taxes paid.

So which cities made the cut? There are several cities that are around a major lake. As well as some on the coast and the mountains in the top 5. Below you’ll find detailed info about each of the top 5 cities and towns that are the richest places in North Carolina in 2023 according to Forbes. You’ll also find info on the other cities that made the top 50 list that are in the vicinity of Charlotte.

If you live in any of these cities and towns and have some extra cash to share just let me know! Looking for more detailed information? You can get that directly from Forbes and can read more here.

Curious about the richest cities in South Carolina? You can find those here (hint it’s a lot of coastal towns)

Melanie Day is a graduate of North Carolina State University. She has worked for Beasley since 2012 in a variety of behind-the-scenes roles in both digital and promotions. Melanie writes about a diverse range of topics some of her favorites include travel, restaurants, Taylor Swift, and college athletics. When not at work you'll find her at a country concert or NC State sporting event.

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