Industries that Love Winston-Salem, and Why: Part 3

Industries that Love Winston-Salem, and Why: Part 3

Upon further analysis, the data suggests Winston-Salem.


In economic development, individual regions tend to focus their efforts on specific industries. In this series of posts, we’re examining why several individual industries have focused their expansion efforts, ultimately, in Winston-Salem, Forsyth County.


So good to be so low

So good to be so low

Low cost of living leads to high ranking for Winston-Salem

A recent blurb in the Winston-Salem Journal reported that our fair city ranks as one of the least expensive places to live in the world.

The Cost of Living Survey for 2011, conducted by Mercer LLC, ranked Winston-Salem 18th out of 214 cities after comparing cost related to things such as housing, food, clothing, transportation and entertainment. Winston-Salem made the list in 2010 at number 17 as well.

This underlines one of the factors that makes Winston-Salem, Forsyth County such an appealing place for businesses interested in expanding or relocating. What makes this ranking all the more significant is when you realize how much you can get for your money here. Winston-Salem manages to be remarkably affordable while still offering an exceptional quality of life.

Although cost of living is only one of several data points to consider when deciding on where to grow a business, the area’s combination of positive attributes (i.e. infrastructure, relatively easy access to major markets and available workforce) is what makes Winston-Salem a ideal choice.

To learn more about the survey, visit the Mercer website (a copy of the report is available for purchase).

UNCSA Named to Kiplinger’s “Best Values in Public Colleges”

And Takes Top Honors in “Lowest Student-Faculty Ratio” Category

WINSTON-SALEM – For the second year in a row, the University of North Carolina School of the Arts (UNCSA) has been ranked among Kiplinger’s Best Values in Public Colleges. In addition, UNCSA again took top honors in the “lowest student-faculty ratio” category.

Kiplinger’s Personal Finance magazine announced the 100 Best Values in Public Colleges today, ranking four-year institutions “that deliver a stellar education at an affordable price.”  The annual rankings appear in Kiplinger’s February 2011 issue, on newsstands today, and online at

UNCSA ranked 48th this year, breaking into the nation’s top 50 and up from 61st last year.

For the second year in a row, Kiplinger’s reported that: “The University of North Carolina School of the Arts earns top honors in the student-faculty category, with a ratio of 8-1.” 

Other UNC system schools making the Kiplinger’s list of best values were UNC-Chapel Hill, 1st; N.C. State, 15th; UNC-Wilmington, 27th; Appalachian State University, 35th; and UNC-Asheville, 58th.

Kiplinger’s reports that it bases its rankings “on a combination of academics and affordability. We start with data from more than 500 public four-year schools, provided by Peterson’s/Nelnet, then add our own reporting. We narrow the list to about 120 schools based on measures of academic quality — including SAT or ACT scores, admission and retention rates, student-faculty ratios, and four- and six-year graduation rates, which most schools reported for the class that entered in 2003. We then rank each school based on cost and financial aid. In our scoring system, academic quality carries more weight than costs (almost two-thirds of the total).”

The University of North Carolina School of the Arts is the first state-supported, residential school of its kind in the nation. Established as the North Carolina School of the Arts by the N.C. General Assembly in 1963, UNCSA opened in Winston-Salem (“The City of Arts and Innovation”) in 1965 and became part of the University of North Carolina system in 1972. More than 1,100 students from high school through graduate school train for careers in the arts in five professional schools: Dance, Design and Production (including a Visual Arts Program), Drama, Filmmaking, and Music. UNCSA is the state’s only public arts conservatory, dedicated entirely to the professional training of talented students in the performing, visual and moving image arts. UNCSA is located at 1533 S. Main St., Winston-Salem. For more information, visit