Raleigh and the Research Triangle region continue to be among the fastest-growing metros in the nation, growing by 2% in 2021. That was second only to Austin among markets with more than 1 million population. After the completion of the 2020 census, Wake County's population surpassed Mecklenburg County, home to the city of Charlotte, bec
Raleigh and the Research Triangle region continue to be among the fastest-growing metros in the nation, growing by 2% in 2021. That was second only to Austin among markets with more than 1 million population. After the completion of the 2020 census, Wake County's population surpassed Mecklenburg County, home to the city of Charlotte, becoming the largest county in North Carolina. As the home of North Carolina's state capital, the metro has a large government and public administration employment base that adds to the diversity of the region's industries.
Fayetteville averages some of the most affordable rents in the region at roughly $1,160/month. Even the market's 4 & 5 Star communities are very affordable, with the typical unit in this class renting for $1,330/month, compared to the national average of $2,070/month. Annual rent growth is up year over year, posting a record increase of
Fayetteville averages some of the most affordable rents in the region at roughly $1,160/month. Even the market's 4 & 5 Star communities are very affordable, with the typical unit in this class renting for $1,330/month, compared to the national average of $2,070/month. Annual rent growth is up year over year, posting a record increase of 10.0%. Fort Bragg and Pope Army Airfield contribute significantly to multifamily demand. Combined, the bases account for more than 50,000 active duty personnel.
The Louisville International Airport is among the nation's busiest in terms of air cargo, handling over 6 billion pounds of cargo annually. UPS is among the largest employers in Louisville with over 25,000 employees. Norton Healthcare, Humana, and the University of Louisville Health are among the largest employers in Louisville and emplo
The Louisville International Airport is among the nation's busiest in terms of air cargo, handling over 6 billion pounds of cargo annually. UPS is among the largest employers in Louisville with over 25,000 employees. Norton Healthcare, Humana, and the University of Louisville Health are among the largest employers in Louisville and employ nearly 40,000 workers. The regional healthcare industry generates an estimated $80 billion in revenue.
Several Fortune 500 companies are located in Lexington. The region's central location, low business costs, educated workforce, and high quality of life continue to attract business and spur expansions. Lexington is also the home of the University of Kentucky employing 15,000 workers and student enrollment over 30,000.