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 |  | | The Old Walker Hotel | |
 Town of Cary Cary is the second largest municipality in Wake County, North Carolina and the third largest municipality in The Triangle behind Raleigh and Durham. It is the seventh largest municipality in North Carolina. As of the 2000 census, the town had a total population of about 94,536. Town records show a population of 127,640 as of January 1, 2008. Cary is the 8th fastest growing city in the United States according to CNN. Nickname: Technology Town of North Carolina State North Carolina Counties Wake, Chatham Founded 1750 Incorporated April 6, 1871 The town was named for Samuel Fenton Cary Website: www.townofcary.org Geography Today’s Cary began in 1750 as a settlement called Bradford's Ordinary. About 100 years later, the construction of the North Carolina Railroad between New Bern and Hillsborough placed Bradford's Ordinary on a major transportation route. Allison Francis "Frank" Page is credited with founding the town. Page was a Wake County farmer and lumberman. He and his wife, Catherine "Kate" Raboteau Page bought 300 acres (1.2 km²) surrounding the railroad junction in 1854 and named his development Cary after Samuel Fenton Cary (a former Ohio congressman and prohibitionist he admired). Page became a railroad agent and a town developer. He laid out the first streets in Cary and built a sawmill, a general store and a post office (Page became the first Postmaster). In 1868, Page built a hotel to serve railroad passengers coming through Cary. The Town of Cary was incorporated on April 6, 1871, with Page becoming the first mayor. In 1879, the Raleigh and Augusta Air-Line Railroad (later the Seaboard, now CSX Transportation) arrived in Cary from the southwest, creating Fetner Junction just north of downtown and spurring further growth. History In the early years Cary adopted zoning and other ordinances on an ad-hoc basis to control growth and give the city structure. Beginning in 1971, the town created a Planned Unit Development (PUD) zoning to accommodate population growth related to the growth of Research Triangle Park nearby. A PUD allows a developer to plan an entire community before beginning development, thus allowing future residents to be aware of where churches, schools, commercial and industrial areas will be located well before such use begins. Kildaire Farms, a 967-acre (3.9 km²) Planned Unit Development in Cary was North Carolina's first PUD. It was developed on the Pine State Dairy Farm by Thomas F. Adams, Jr. Adams named a section of Kildaire Farms "Farmington Woods" in their honor. The local government has placed a high value on creating an aesthetically pleasing town. Demographics As of the census of 2000, there were 94,536 people, 34,906 households, 25,132 families residing in the town. The population density was 867.2/km² (2,246.0/mi²). As of October 2006, the population had grown to 117,442, a 4.68% increase over the previous year. There were 36,863 housing units at an average density of 338.2/km² (875.8/mi²). The racial makeup of the town was 82.17% White, 6.15% African American, 0.27% Native American, 8.08% Asian, 0.03% Pacific Islander, 1.47% from other races, and 1.83% from two or more races. Hispanic or Latino of any race were 4.28% of the population.
There were 34,906 households out of which 41.7% had children under the age of 18 living with them, 63.3% were married couples living together, 6.3% had a female householder with no husband present, and 28.0% were non-families. 21.0% of all households were made up of individuals and 3.0% had someone living alone who was 65 years of age or older. The average household size was 2.69 and the average family size was 3.18. In the town, 29.1% of the population was under the age of 18, 6.6% from 18 to 24, 38.6% from 25 to 44, 20.4% from 45 to 64, and 5.4% 65 years of age or older. The median age was 33.7 years. For every 100 females there were 99.2 males. For every 100 females age 18 and over, there were 97.2 males. According to a 2006 estimate, the median income for a household in the town was $80,986, and the median income for a family was $96,602. Males had a median income of $62,012 versus $38,819 for females. The per capita income for the town was $32,974. About 2.1% of families and 3.4% of the population were below the poverty line, including 2.8% of those under age 18 and 3.5% of those age 65 or over. In terms of higher education, 68.0% of adult residents in Cary (25 and older) hold an associate degree or higher, and 60.7% of adults possess a baccalaureate degree or higher. Cary has the most Ph.D.s per capita in the U.S. for towns larger than 75,000 people. Cary has one of the lowest crime rates in the state for cities of its size. The home ownership rate (owner-occupied housing units to total units) is 72.8%. In 2001, Town of Cary was declared the fourth safest of 327 large cities in the nation in the 8th Annual Morgan Quitno Safest (And Most Dangerous) City Award. The town's reputation as a bedroom community for transplants from outside the South has led to backronyms for its name such as "Containment Area for Relocated Yankees." Data from the 2000 Census shows 29.2% of Cary residents are native to North Carolina. 55.2% were born in other states. Additionally, 15.6% of the town population were born outside the United States. One of the major reasons for Cary's popularity is the town's proximity to the Research Triangle Park and the many other localities hosting biotech, pharmaceutical and high tech companies, making it an ideal location for people moving to the Research Triangle area for work. 
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Request my Free Wake Forest, Cary, Raleigh and Research Triangle Park Relocation Package. It's packed full of useful and important information about the Wake Forest, Cary, Raleigh and Research Triangle Park, North Carolina area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... 
Pricing >Strategic Pricing
When you decide to sell your home, your next decision is key to the sale--"How much should I ask?" If you ask too little for your home, you could potentially lose money. Asking too much for your home could cause it to sit on the market for a long time.
Your real estate agent wants to sell your home as soon as possible, for the best price. The agent will use a Competitive Market Analysis to determine the price for your home. The sales professional may advise you to reduce the asking price if buyers fail to surface after a certain period of time on the market.
If you are serious about selling your home, you should take your real estate agent's advice. In case the first price reduction doesn't generate a buyer, another reduction may be necessary. The monetary value of a house is only what someone is willing to pay for it, but if the market analysis is done correctly, you will get the maximum amount--and a timely sale.
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In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
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Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
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