About Knightdale

Knightdale is a town in Wake County, North Carolina, United States. The population was 5,958 at the 2000 census, and estimated at 9,843 in January 2008. With the population boom experienced in the North Carolina Research Triangle area in the past two decades, Knightdale has in many ways become a suburb of Raleigh, bordering that city at the Neuse River. The estimated population of the Raleigh-Durham-Cary Combined Statistical Area (CSA) was 1,565,223 as of July 1, 2006, with the Raleigh-Cary Metropolitan Statistical Area (MSA) portion estimated at 994,551 residents.

Wednesday, April 16, 2008

AA Bond Rating for Knightdale

Knightdale is now the smallest town in the state of North Carolina with an AA bond rating. The rating means lower interest rates on money borrowed.
According to Standard and Poors, Knightdale’s financial position is sound, with operating surpluses in three out of the past five fiscal years and above average reserve levels relative to a $7.2 million budget.

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