Affordable housing. Good jobs. New experiences. As Americans, looking for new opportunity is in our bones, which is why more people are moving to new cities throughout the country. Cities like Los Angeles and New York have long been the "places to be" if you want to make something of yourself, but with strong economies and low-cost housing everywhere, there are other, less-well-known cities presenting compelling opportunities for young professionals and new retirees alike.
Below is a list of the 5 fastest-growing cities in the United States, according to census data from 2010 to 2018 (the most pool of data for a list like this). If you've been considering a big move, you might want to check out what these cities have to offer.
#1: St. George, Utah
- Unemployment rate: 3.4%
- Median household income: $55,175
- Average temperature: 33-53F (winter) & 76-102F (summer)
Utah is the fastest-growing state in the nation, and St. George is at the center of the population boom. It's population has grown nearly twice as fast as Utah's, and over four times faster than the U.S. average. About 75% of St. George's population boom has come from net migration, resulting in an employment increase of 39%.
#2: Austin-Round Rock, Texas
- Unemployment rate: 3%
- Medial household income: $69,717
- Average temperature: 41-61F (winter) & 74-95F (summer)
Austin has been one of America's fastest growing cities eight years running, with a growth rate four times higher than the U.S. average. Austin has nearly half a million more residents than it did in 2010. Part of the reason for the boom is the growing job market: Amazon, Apple, and IBM have all built offices there, resulting in an employment growth twice the national average.
#3: Midland, Texas
- Unemployment rate: 2.2%
- Medial household income: $75,570
- Average temperature: 35-61F (winter) & 73-96F (summer)
Percentage-wise, Midland is the fastest-growing metro area in all of Texas—impressive, considering that Texas has five metro areas on the nation's top 25 fastest-growing regions. Midland also has the lowest unemployment of any metro area in the country. The typical household in Midland also makes $18,000 more than the national average, which shows how strong the job market is.
#4: Myrtle Beach-Conway-North Myrtle Beach, North & South Carolina
- Unemployment rate: 5%
- Medial household income: $47,732
- Average temperature: 38-56F (winter) & 74-88F (summer)
The Myrtle Beach area had a population boom of 27%, with a net increase of 100,000 new residents between 2010 and 2018. Job growth was also enormous, with 53,000 more jobs in Myrtle Beach now than ten years ago. The employment growth here was four times higher than the rest of the country.
#5: The Villages, Florida
- Unemployment rate: 5.1%
- Medial household income: $54,771
- Average temperature: 48-69F (winter) & 74-91 (summer)
The Villages was built in the 1960s as a retirement community for middle class retirees. Over the last ten years, the area has grown by 36%—the highest population growth in the country. However, if you're looking for a job, this might not be the city. The Villages is 54% comprised of retirement-age residents, which is nearly 4 times as high as the national average. That said, the city might be a wonderful place to retire if you like sunlight and golf!
If you're looking for a moving company to help you start your next adventure, speak with Affordable Quality Moving & Storage! Our licensed and insured movers have the skills, experience, and equipment to get you moved out and moved in quickly and affordably.