7 Fastest Growing Cities In The US {2023 Data}

February 28th, 2023

7 Fastest Growing Cities In The US {2023 Data}

Fastest Growing Cities In The US

What are the fastest-growing cities in the US?

Certain areas around the country have been booming over the last few years. Most people move for nice weather, economy/jobs, family, schools, etc. One commonality we found is that most residents have been moving to the Southern states, specifically the Southeast, for lower living costs, more space, and warmer weather. The southeast has had an influx in population over the last few years.

States like California and New York have had the greatest population decrease since 2021. People now realize it is too expensive or crowded to live in those states any longer. Other residents up North are also leaving their states to move to the South. The job market and weather play a significant role in that move.

This article will highlight the top seven areas that have grown immensely over the last couple of years based on economic prosperity, affordable housing, and a high standard of living. 

Here are the seven fastest-growing cities in the United States and why! 

Austin, Texas

Austin Texas skyline during the day near the water

Austin is experiencing a high inbound migration as people continue to move to the city, thanks partly to the affordability of homes and the economic outlook. Texas's capital is considered a trendy and eccentric place to visit and live. It is a fantastic place for young professionals, families, and retirees. Austin has been named the happiest big city in Texas.

One great thing about Austin, Texas, is that the cost of living is 3 percent lower than the national average. Even though it is an affordable city to live in, it is still more expensive than other cities in Texas. 

Something to consider when looking into Austin is the home prices. The cost of buying a home in this city is 2 percent higher than the national average. It is important to remember that even though it costs more to purchase a home, the rent in Austin is still way more expensive.

Living in Austin provides many job opportunities as the city is booming with tech companies. Austin is home to multiple Fortune 500 companies and many technology startups. This city has significant companies like Google, PayPal, Adobe, Amazon, Intel, Facebook, and many more. If you are in the tech industry and are looking for a great place to move job-wise, Austin is the perfect place.

Austin, Texas, is also known for its abundance of things to do throughout the city. On a nice day, you can go outdoors and enjoy the natural pools and lakes or go hiking. They have a variety of food trucks that drive throughout the city daily for its residents to have easy access. Another cool thing about living in Austin is its live music. Austin is known as the "Live Music Capital of the World."

This city offers so much and is a beautiful place to reside. It is no wonder that Austin is one of the best places to live in Texas

Raleigh, North Carolina

Raleigh, NC skyline at night with car and building lights

Raleigh is another great Capital city that has constantly been growing fast over the last few years. As one of the biggest cities in North Carolina, Raleigh has nearly 70 people moving to the area every single day. Raleigh is known for its beautiful Oak trees that line downtown streets, nicknamed the "City of Oaks."

People are moving to Raleigh because of its affordable cost of living. It caters to any age, demographic, ethnicity, etc., because of this city's diverse cultures. Whether you plan to buy a home in Raleigh or rent, options are abundant.

The housing market in Raleigh keeps growing as the years go by, and more residents and companies move in. Home prices are currently affordable but are expected to rise slightly as the city grows. 

Companies like Apple, Facebook (Meta), Amazon, Google have all announced their plans to make the Triangle market a big part of their future as tech, education, and healthcare continue to attract people to Raleigh. 

The restaurant scene has put Raleigh on the map for foodies all over the country, with Ashley Christensen among the many top award-winning chefs who call Raleigh home.

Raleigh may be your city if you are looking for a place with the ultimate combination of live, work, and play. Every establishment within Raleigh has a unique vibe and atmosphere, from rooftop bars to live music venues to bar/arcades. Whether you want to go somewhere that is relaxed with live music or a place that is more upbeat with a DJ; this city has it all.

Raleigh is the perfect place to relocate if you want plentiful job opportunities, many family-friendly options, delicious restaurants, great neighborhoods, and much more.

Orlando, Florida

Orlando, Florida Skyline at night bright lights buildings and palm trees

Did you know around 100 people move to the Orlando area daily? That is a lot of people. Here is why it is such a great city to live in or visit, making it one of the fastest-growing cities in America.

The best thing about living in Orlando is the cost of living is 2 percent lower than the national average and 3 percent lower than the state average. Another thing that attracts residents to this area is no state income tax. So, living in Orlando can help you and your family after where you move from and save money.

And, of course, you are living in the sunshine state. The weather in Orlando is absolutely one of the reasons people are flocking to the area. It gets less hot and muggy than other cities like Miami, which are further south. You get a good mix of weather, but it stays predominantly warm for most of the year.

As many of you know, Orlando is home to many theme parks. Some of the most popular destinations in the world are right here down the road. You have Walt Disney World, Universal Orlando, Seaworld, LEGO Land, and more parks. Living in Orlando will give you access to various things to do every day.

This city is also home to tons of large companies allowing for job opportunities to be easily accessible. They have corporations like AAA, Siemens, JetBlue, Merlin Entertainment Group, and more.

Charleston, South Carolina

Charleston skyline during sunset beautiful buildings

Charleston is known for its authentic beauty. It is the city that has Cobblestone streets, pastel-colored homes, palm trees, and everything in between. The detail that went into this city is insanely beautiful and attracts residents and visitors daily. 

Charleston, South Carolina, has some of the most delicious restaurants and fun bars. Most of these destinations allow you to enjoy your meal or drink on a rooftop or a patio that will enable you to see the stunning views of the water and all of Charleston. 

A great thing about Charleston is that it is midway between Myrtle Beach and Savannah, Georgia. It is also in a perfect location allowing easy access to the shore. It is a 20-minute drive to Folly Beach, one of South Carolina's best beaches.

Living in Charleston can be pricier for things like utilities and groceries. But on the flip side, the housing costs are 2 percent lower than the national average. Everything else that goes into the cost of living in a city is about the same in Charleston as in surrounding cities. 

Phoenix, Arizona

Phoenix Arizona skyline during the day with a cactus in the foreground

Phoenix is the capital of Arizona and probably one of the prettiest places. It is also the largest city in the state, with over 1.63 million residents. Phoenix is rapidly growing daily because it is named one of Arizona's best places to live. It is one of the most recognized cities for its job opportunities, desert atmosphere, and stunning homes!

If you are looking for an affordable place to live, it is around 5 percent lower than the national average. It is a prime place for young professionals and retirees to live because of its low property tax, and the city is an overall inexpensive place to live. 

The homes that you will find within the city of Phoenix are so unique. They are constructed in all styles and are mostly famous for their Pueblo-style ranches and Spanish Colonial-style homes. Living in Phoenix, you will be faced with an expensive housing market. Home prices keep increasing over the years as more and more residents relocate. 

However, Phoenix, Arizona, has a robust job market. This city's job growth is expected to keep growing and surpass the average national growth prediction. They have large companies like Petsmart, Avnet, Wells Fargo, Bank of America, and more.

Phoenix is a popular place to move to because of all the essential things and the weather. If you have never been to Arizona, prepare for its hot, dry weather. A plus side of this is you get to escape the humidity.

Nashville, Tennessee

Broadway Street in Nashville, TN at night

Nashville has been a trendy tourist area for quite some time now. You hear about all the trips to this destination for Bachelorette parties, weekend getaways, and more. It is that place that every country music lover enjoys to the max.

Nashville, Tennessee, is a place that has bars owned by some of the most famous country singers on the road, known as Broadway. They have bars owned by the famous Kid Rock, Luke Bryan, Miranda Lambert, Jason Aldean, and more. Not only are these establishments lively at night, but some are even restaurants that serve delicious food.

This city is also very known for its Nashville Hot Chicken. People will travel from all over the world to come here to try their hot chicken, and it sure is delicious.

They have an insanely large job market if you consider moving to Nashville. This market has been booming for a few years and is expected to grow. Finding a stable income in Nashville won't be a difficult task.

Overall, Nashville's living cost is lower than the national average. It is 3 percent lower, housing prices are 9 percent lower, and utility costs are 10 percent lower. In Nashville, residents spend most of their money on housing and food.

Nashville, Tennessee, is the perfect place for young professionals. There are plenty of housing options whether you want to rent or buy, tons of job opportunities, and it is just an overall lively place with so much to explore and do.

Charlotte, North Carolina

Charlotte NC skyline on a clear day

Charlotte has quickly become one of the best places to live and one of the largest cities in North Carolina. Charlotte is a popular place to relocate to for families and especially young adults. Keep reading to see why more than 100 people move daily to Charlotte.

If you are looking for a place to live in NC with that "big city" feel, Charlotte will be that place. Charlotte has a variety of job opportunities, with more to come. It is home to large companies in industries like banking, human resources, finance and insurance, tech, and more. Charlotte is a fantastic place to move to if you are looking for a career.

Overall, Queen City's living cost is 3 percent less than the national average. In addition, it is 11 percent less than the national average for housing costs and 8 percent less than the national average for utilities. Charlotte is a very affordable city to move to.

On top of its affordability, it has many things to do. This city has several local coffee shops, breweries, and restaurants. Charlotte is also home to a variety of bars and clubs. Living in Charlotte, you will find it effortless to come up with something to do any day of the week.

Another great thing about this city is that it is home to the NFL team, the Carolina Panthers. The stadium is located right downtown. You can see this stadium from any rooftop bar or restaurant you visit in downtown Charlotte.

Fastest-Growing Cities in America - Final Thoughts

As you read through the guide, we hope it outlines why each city is considered one of the fastest-growing cities in America. They each have their uniqueness to offer to their residents and visitors. Each city has a booming job and housing market, making moving to any of the above cities easy.

We only covered seven large cities, but tons around the United States have grown immensely. 

If you are considering moving to any of these cities, contact us today to get connected with a local Real Estate Specialist for more information and guidance! 


US Census BureauUSA GovUhaul, and United Van Lines to compile the data for our article on the fastest-growing cities in the country. 

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Ryan Fitzgerald

Ryan Fitzgerald

Hi there! My name is Ryan Fitzgerald, and I am a REALTOR®. My goal is to help you learn more about real estate through our Real Estate Blog! Hopefully, you enjoyed the above blog post and it found a way to provide help or value to you. When you're ready to buy or sell a home of your own let us know here. Please feel free to join the conversation by dropping us a comment below.