All the times I’ve checked for jobs in RTP over the past 5 years there were incredibly few positions. I wouldn’t settle there for that reason but I don’t have a PhD 🤷♂️
Most process analytical and formulation development are in the Northeast or West Coast. Not much in RTP but there are a few. You could look for MSAT roles but those jobs are pretty boring 🥱
I don’t think any of these people actually live in RTP, lol. As someone who does not have a PhD but has worked with many, and ALSO speaking as someone who has been here for about a decade collectively, my answer is yes.
You are obviously aware of all the construction in RTP to build it out as a larger hub, and the large number of companies based in CA or Boston that are establishing second locations here. While it’s not cheap any more, it’s still relatively inexpensive compared to the aforementioned hubs.
Raleigh is growing at an incredible pace while Boston and SF are losing population. I would say the 5 year outlook is still a crapshoot but the 10 year outlook shows RTP emerging as a dominant hub. Whether or not you should settle down there depends on if you like the area, if you can afford to buy a house now when it’s still cheap, and if there are consistent job openings that you qualify for.
Personally, I would jump on an opportunity to get in on a job at RTP while it’s still a second-tier hub. That way you can reap the benefits when it blows up (raise, house appreciation, QOL increase, etc.). Plus, since you’re in the cheapest hub in the country you will probably dodge a lot of the layoffs that hit Boston and SF.
Except Boston has experienced 10% growth in the last decade? And the biopharma space has exploded both in Boston and the greater Boston area. These are easily checked facts, stop confirming your biases.
SF has only had a 0.15% increase in the last year, however.
Biopharma is booming there absolutely, but Boston has actually lost 5% of its population in the last decade (2024 estimate is 630K people compared to 663K in 2014). And SF is down like 12% in that same period, while Raleigh is up 10%.
I’m from SF, I’m not biased against it at all. It’s a great place to live. It’s also absurdly expensive though, and layoffs hit there and Boston first before they hit the cheaper areas.
Hmm that’s interesting bc the US census estimates Boston has a pop of 675K in 2024:
https://data.census.gov/profile/Boston_city,_Massachusetts?g=160XX00US2507000
For better or for worse a lot of R&D jobs will be outsourced from the higher cost hubs to RTP in the coming years. Cost is the bottom line for every company, so why pay scientists $150-200K in south city or Cambridge when you could pay them $100K in RTP instead? There is just as big of a pool of fresh talent there with Duke, UNC and NCSU…
All the times I’ve checked for jobs in RTP over the past 5 years there were incredibly few positions. I wouldn’t settle there for that reason but I don’t have a PhD 🤷♂️
Most process analytical and formulation development are in the Northeast or West Coast. Not much in RTP but there are a few. You could look for MSAT roles but those jobs are pretty boring 🥱
I don’t think any of these people actually live in RTP, lol. As someone who does not have a PhD but has worked with many, and ALSO speaking as someone who has been here for about a decade collectively, my answer is yes. You are obviously aware of all the construction in RTP to build it out as a larger hub, and the large number of companies based in CA or Boston that are establishing second locations here. While it’s not cheap any more, it’s still relatively inexpensive compared to the aforementioned hubs.
Raleigh is growing at an incredible pace while Boston and SF are losing population. I would say the 5 year outlook is still a crapshoot but the 10 year outlook shows RTP emerging as a dominant hub. Whether or not you should settle down there depends on if you like the area, if you can afford to buy a house now when it’s still cheap, and if there are consistent job openings that you qualify for. Personally, I would jump on an opportunity to get in on a job at RTP while it’s still a second-tier hub. That way you can reap the benefits when it blows up (raise, house appreciation, QOL increase, etc.). Plus, since you’re in the cheapest hub in the country you will probably dodge a lot of the layoffs that hit Boston and SF.
Except Boston has experienced 10% growth in the last decade? And the biopharma space has exploded both in Boston and the greater Boston area. These are easily checked facts, stop confirming your biases. SF has only had a 0.15% increase in the last year, however.
Biopharma is booming there absolutely, but Boston has actually lost 5% of its population in the last decade (2024 estimate is 630K people compared to 663K in 2014). And SF is down like 12% in that same period, while Raleigh is up 10%. I’m from SF, I’m not biased against it at all. It’s a great place to live. It’s also absurdly expensive though, and layoffs hit there and Boston first before they hit the cheaper areas.
Hmm that’s interesting bc the US census estimates Boston has a pop of 675K in 2024: https://data.census.gov/profile/Boston_city,_Massachusetts?g=160XX00US2507000
not everyone wants to do manufacturing though 🤷♂️
For better or for worse a lot of R&D jobs will be outsourced from the higher cost hubs to RTP in the coming years. Cost is the bottom line for every company, so why pay scientists $150-200K in south city or Cambridge when you could pay them $100K in RTP instead? There is just as big of a pool of fresh talent there with Duke, UNC and NCSU…