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Winston-Salem, North Carolina   Add Favorite    22 Reviews | Review This Place




Find your Best Mortgage in Winston-Salem: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Pleasant climate
-Central location
-Nearby mountains

Cons

-Economic decline
-Entertainment
-Educational attainment


What Bert Has To Say About Winston-Salem Metro Area


Until recently, Winston-Salem and High Point were associated with nearby Greensboro to form one metro area. The three cities are sometimes referred to as the Piedmont Triad. In comparison to the state’s better-known triad of Raleigh–Durham–Chapel Hill, the economy and lifestyle is more industrial and working-class, although there is a strong university presence and a high level of educational attainment. The economy has an interesting mix of declining and emerging industries, but employment overall has been relatively stable. Winston-Salem, as the name suggests, has been a center for the tobacco industry. (The cigarettes are named after the town, not vice versa.) Winston-Salem is also home to Wake Forest University, some affiliated high tech business, a collection of banking centers and is home to Krispy Kreme donuts and a new Dell Computer plant. High Point is a world trade center for furniture and is still center of the state’s largest furniture-manufacturing industry. Unfortunately, the dislocation of that industry offshore, particularly to China, is having an impact on its manufacturing base. Downtown High Point is a fascinating collection of commercial, warehouse and showroom facilities centered on this industry. Winston-Salem epitomizes the shift from older economy to new economy, and High Point is an industry town shifting emphasis from manufacturing to becoming a trade and design center. The nearby Greensboro metro area is perhaps the most prosperous of the three, though all places are generally appealing with a lack of major downsides. The nearby amenities of the Raleigh-Durham area, about 80 miles to the east, are close enough for residents to benefit.


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Highlights



Quick Facts About Winston-Salem


    ECONOMY
    The unemployment rate in Winston-Salem is 5.20 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Winston-Salem jobs have Increased by 1.77 percent.
    COST OF LIVING
    Compared to the rest of the country, Winston-Salem's cost of living is 16.00% Lower than the U.S. average.
    POPULATION
    As of 2014, Winston-Salem's population is 241,218 people. Since 2000, it has had a population growth of 68.11 percent.
    TRANSPORTATION
    Average Commute time is 26 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Winston-Salem is $115,100. Home appreciation the last 10 years has been -2.49%.
    SCHOOLS
    Winston-Salem public schools spend $9,010 per student. The average school expenditure in the U.S. is $12,383. There are about 14.4 students per teacher in Winston-Salem.

Winston-Salem Ranked & Rated



Winston-Salem Housing Market


It's a good time to buy in Winston-Salem. Home Appreciation is up 4.2% in the last 12 months. Browse Winston-Salem Real Estate.
The median home price in Winston-Salem is $115,100. Browse Homes in this Range.
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Reviews for Winston-Salem, North Carolina


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Start Your Review of Winston-Salem, NC


  8/2/2017
Attractive neighborhoods/lack job opp. + entertain

Winston-Salem has one of the most attractive residential neighborhoods in NC. Many streets are a tunnel of tall trees, medians on major roadways like sailas prkwy have a... (Read More)

 13

 6

  7/14/2015
The living is easy

It's a hard place to set down roots. Most people and their predecessors have been in WS for generations and know nothing else. They think the sun rises and sets over... (Read More)

 87

 86

  7/7/2015
Nice Southern town

Winston-Salem has a vibrant downtown, with many independent local restaurants, bars, and... (Read More)

 72

 76

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