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retire

Finding the Best Places to Retire Since 2006!

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Retire in Holly Springs, North Carolina?

Overview: Holly Springs is a very fast growing town in the center of North Carolina. People originally settled here to take advantage of the area's freshwater springs, from which the town got its name.

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Today people come because Holly Springs is just 20 miles down the road from the booming Research Triangle, the largest research park in the United States. Residents are well educated and if they do not have employment in one of the Triangle's 200 high tech research companies, then they probably work at Seqirus, a local flu vaccine manufacturer. Holly Springs has two private golf courses, and the Cultural Center is a state-of-the-art facility that includes a performing arts theater and an outdoor stage. Bass Lake is perfect for fishing and canoeing, and nearby Shearon Harris Reservoir and Jordan Lake provide more outdoor recreation opportunities. Atlantic Ocean beaches are a three hour drive to the east, and the Blue Ridge Mountains are a three hour drive to the west.

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New subdivisions are common and are peppered with large bungalows, arts and crafts styles and four squares. Older areas have brick ranch ramblers and plantation style homes.

Population:  32,000 (city proper)

Percentage of Population 45 or Better:  35%

Cost of Living:    18% above the national average

Median Home Price:  $295,000

Climate:  This area has hot, humid summers with temperatures in 80s and 90s and mild winters with temperatures in 40s, 50s and 60s. On average, it receives 48 inches of rain and a trace of snow per year.

At Least One Hospital Accepts Medicare Patients?   No, but Wakemed Cary Hospital is about eight miles away in Cary and and accepts Medicare patients.

At Least One Hospital Accredited By Joint Commission?   No, but Wakemed Cary Hospital is about eight miles away in Cary and and is accredited.

Public Transit:   No

Crime Rate:    Below the national average

Public Library:   Yes, the Holly Springs Community Library. It has a bookmobile and internet access.

Political Leanings:   Liberal

Is North Carolina Considered Tax Friendly for Retirement?   Somewhat

Cons:    None

Notes:   Not all long time locals are happy about woods and farmland giving way to new subdivisions. The Shearon Harris Nuclear Power Plant is 10 miles away in New Hill. A landfill is not far from Holly Springs, and some people say it is a little odorous (while others say that it is not). Overall, Holly Springs has a nice reputation and has grown by a whopping 3,000% within the last couple of decades.

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Recommended as a Retirement Spot?    Yes

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North Carolina:

"Esse quam videri" is the motto of North Carolina, also known as the Tar Heel State. It was the 12th state to be admitted to the Union, joining the other states on November 21, 1789. North Carolina was also one of the Thirteen Colonies and was originally named the Province of Carolina. It was the second to the last state to declare its secession from the Union during the Civil War.

Situated in the Southeastern region of the United States, North Carolina is bordered by South Carolina, Georgia, Tennessee and Virginia. The capital is Raleigh, but the largest city is Charlotte.

The historical people of North Carolina include the Chowanoke, Roanoke, Pamlico, Coree and Cape Fear Indians. The Revolutionary War impoverished the state of North Carolina for several years.

Charlotte is on a rapid growth streak thanks to its banking industry. North Carolina is also home to several universities, including the University of North Carolina, Duke University and North Carolina State University.

The state hosts more than 80% of the NASCAR racing teams and is the site of the Charlotte Motor Speedway. The Carolina Panthers represents North Carolina in the National Football League, and the Charlotte Bobcats play in the National Basketball Association.

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Stats:

Population - 10,147,788 

Persons 65 years old and over - 16%

High school graduates, age 25+ - 86% 

Bachelor's degree or higher, age 25+ - 25%

Persons of Hispanic or Latino origin - 10% 

White persons, not Hispanic - 63% 

Median household income - $46,868 

Median home value - $162,500

Social Security taxed? No

Source: U.S. Census Bureau

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