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20 years of Best Places

Money's top places have always had great schools, reasonable housing and a genuine sense of community. For many, the trick today is to maintain those virtues when everyone wants to move in. Here is an update on seven past winners.

Raleigh/Durham/Chapel Hill, N.C. (1994)
Franklin Street in Chapel Hill
Raleigh/Durham/Chapel Hill, N.C. (1994)
 
1994 986,100 2.7% $140,000
2007 1,421,600 3.4% $212,000


It's no secret that the Raleigh/Durham/Chapel Hill area has a lot of gray matter, with three major universities - Duke, the University of North Carolina at Chapel Hill and North Carolina State - and the famed Research Triangle Park. In 1994 all that brainpower, plus the area's idyllic setting, job opportunities and great weather, made it our Best Place.

Today it remains a job mecca, and Triangle Park alone is home to 40,000 employees at 130 companies with a diverse group of employers in high-tech, life sciences and academe. The metro area added nearly 30,000 jobs in 2006, and Black Enterprise magazine named Raleigh/Durham the third-best area in the U.S. for African Americans in 2007. Rapid growth - before 1994 and since - has increased traffic and sprawl. Several school districts have switched to year-round schedules to help ease overcrowding, despite loud objections from parents.

Biggest development since 1994: Public and private investments worth a combined $1.8 billion will dramatically reshape Raleigh's downtown core. Construction began earlier this year.

Nashua, N.H.

Seattle

Rochester, Minn.

Raleigh, Durham, Chapel Hill

Gainesville, Fla.

Charlottesville, Va.

Sarasota
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25 top-earning towns Wondering where the wealth is? Residents of these 25 places have the highest median household incomes in the country. (more)
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