Winston-Salem Homes for Sale

The Twin City

Winston-Salem is a city in and the county seat of Forsyth CountyNorth Carolina, United States. With a 2015 estimated population of 241,218, it is the second largest municipality in the Piedmont Triad region and the 5th-most populous city in North Carolina, and the 89th-most populous city in the United States. It is home to the tallest office building in the region, 100 North Main Street, formerly the Wachovia Building and now known locally as the Wells Fargo Center.

Winston-Salem is called the “Twin City” for its dual heritage and “City of the Arts and Innovation” for its dedication to fine arts and theater and technological research. “Camel City” is a reference to the city’s historic involvement in the tobacco industry related to locally based R. J. Reynolds Tobacco Company‘s Camel cigarettes. Many locals refer to the city as “Winston” in informal speech. Another nickname, “the Dash,” comes from the (-) in the city’s name, although technically it is a hyphen, not a dash; this nickname is only used by the local minor league baseball team, the Winston-Salem Dash.

In 2012, the city was listed among the 10 best places to retire in the U.S. by CBS MoneyWatch.

Local Economy

Finance, Tobacco, Tech and Healthcare

It is the location of the corporate headquarters of BB&T (Branch Banking and Trust Company), HanesBrands, Inc., Krispy Kreme Doughnuts, Inc., Lowes FoodsStores, ISP SportsReynolds American (parent of R. J. Reynolds Tobacco Company), Reynolda Manufacturing Solutions, K&W Cafeterias, and TW Garner Food Company (makers of Texas Pete). Blue Rhino, the nation’s largest propane exchange company and a division of Ferrellgas, is also headquartered in Winston. Wachovia Corporation was based downtown until it merged with First Union Corporation in September 2001; the corporate headquarters of the combined company was located in Charlotte, until it was purchased by Wells Fargo in December 2008. PepsiCo has its Customer Service Center located here as well.

Although traditionally associated with the textile and tobacco industries, Winston-Salem is transforming itself to be a leader in the nanotech, high-tech and bio-tech fields. Medical research is a fast-growing local industry, and Wake Forest Baptist Medical Center is the largest employer in Winston-Salem.

Public and private investment of $713 million has created the Wake Forest Innovation Quarter, an innovation district in downtown which features business, education in biomedical research and engineering, information technology and digital media, as well as public gathering spaces, apartment living and community events.

Largest employers

According to the Winston-Salem Business Inc.’s 2012–2013 data report on major employers, the ten largest employers in the city are:

# Employer # of Employees
1 Wake Forest Baptist Medical Center 11,750
2 Novant Health 8,145
3 Winston-Salem/Forsyth County Schools 6,692
4 City/County Government 4,689
5 Reynolds American, Inc. 3,000
6 Wells Fargo 2,800
7 Hanesbrands Inc. 2,251
8 BB&T 2,200
9 Wake Forest University 1,680
10 Lowe’s Foods 1,500

Major industries

According to the Winston-Salem Business Inc.’s 2012 data report on major industries, the major industries are by percentage:

# Employment by Sector % Percentage
1 Health Care and Social Assistance 29%
2 Trade, Transportation and Utilities 19%
3 Professional and Business Services 14%
4 Manufacturing 10%
5 Leisure and Hospitality 10%
5 Financial Activities 6%
7 Public Administration 4%
8 Construction 3%
9 Other Services 3%
10 Information 1%

Attractions, The Arts and Education

Historical Locations and Fine Arts

Attractions

  • Bethabara Historic District is a site where Moravians from Pennsylvania first settled in North Carolina, the 195-acre (0.79 km2) area includes a museum and a Moravian church and offers hiking, birdwatching and many varieties of trees and plants.
  • Old Salem is a restored Moravian settlement founded in 1766. Seventy percent of the buildings are original and the village is a living history museum with skilled tinsmiths, blacksmiths, cobblers, gunsmiths, bakers and carpenters practicing their trades while interacting with visitors. Along with the original 18th-century buildings, Old Salem is also home to the Museum of Early Southern Decorative Arts (MESDA), a gallery of 18th- and early 19th-century furniture, ceramics, and textiles.
  • Reynolda Gardens is a 4-acre (16,000 m2) formal garden set within a larger woodland site, originally part of the R. J. Reynolds country estate.
  • The Wake Forest University Museum of Anthropology is an anthropological museum, maintained by Wake Forest University, that has many artifacts and other pieces of history.
  • Kaleideum North (formerly SciWorks) – An interactive museum for children, SciWorks has 25,000 square feet (2,300 m2) of exhibit space, 119-seat Planetarium and 15-acre (61,000 m2) outdoor Environmental Park. Permanent exhibits include: Foucault Pendulum, PhysicsWorks, SoundWorks, HealthWorks, BioWorks and KidsWorks. The Environmental Park includes habitats for river otter, deer and waterfowl.
  • Kaleideum Downtown  offers exhibits and programs designed to develop creative thinking, strengthen language skills, and encourage curiosity for children ages birth to eight. Despite the name, it is primarily an indoor playground for children with activities (admission fee or membership required).
  • New Winston Museum is the community history museum for Winston-Salem and Forsyth County. It focuses on time periods since 1850 and features exhibitions and public programs.

Art

Winston is often referred to as the “City of the Arts”, partly because it created the first arts council in the United States, founded in 1949, and because of the local art schools and attractions. These include the University of North Carolina School of the Arts, Twin City Stage, Winston-Salem Theatre Alliance, the Piedmont Opera Theater, the Winston-Salem Symphony, the Stevens Center for the Performing Arts, the Milton Rhodes Center for the Arts, the Hanesbrands Theater, and the Sawtooth Center for Visual Arts.

The city’s Arts District is centered around Sixth and Trade Streets, where there are many galleries and workshops; nearby is also the ARTivity on the Green art park, established by Art for Art’s Sake.

It is also home to the Southeastern Center for Contemporary Art (SECCA), a nationally known art center, as well as the Reynolda House Museum of American Art (the restored 1917 mansion built by the founder of the R. J. Reynolds Tobacco Company and now affiliated with Wake Forest University), displays a premiere collection of American art.

The city plays host to the National Black Theatre Festival, the RiverRun International Film Festival and the Reynolda Film Festival.

Winston-Salem is also the home of the Art-o-mat and houses nine of them throughout the city.

The city is also home to Carolina Music Ways, a grassroots arts organization focusing on the area’s diverse, interconnected music traditions, including bluegrass, blues, jazz, gospel, old-time stringband, and Moravian music.

Once a year the city is also the home of the Heavy Rebel Weekender music festival, featuring over 70 bands, primarily rockabilly, punk and honky tonk, over three days.

Shopping

Winston is home to Hanes Mall, one of the largest shopping malls in North Carolina. The area surrounding the mall along Stratford Road and Hanes Mall Boulevard has become the city’s largest shopping district.

Other shopping areas exist in the city, including Thruway Shopping Center, the city’s first shopping center, Hanes Point Shopping Center, Hanes Commons, Pavilions, Stone’s Throw Plaza, Silas Creek Crossing, and the Marketplace Mall.