24/7 Wall St., a financial news and commentary web site, recently set out to find the nation’s fastest growing cities and discovered that the Charleston-North Charleston metro area ranks as the 12th fastest.
To identify America’s 25 fastest growing cities, the website reviewed population percentage changes in U.S. metropolitan statistical areas from July 2012 to July 2017 from the U.S. Census Bureau. Median household income figures for each city are for 2017 and came from the U.S. Census Bureau’s American Community Survey. THey also looked at the seasonally adjusted December 2018 unemployment rate from the Bureau of Labor Statistics. Data on the population change due to migration and natural growth from April 2010 to July 2017 came from the U.S. Census Bureau’s American Community Survey.
Here are the numbers behind the Charleston/North Charleston area:
- 2010-2017 population change: +16.2% (from 667,466 to 775,831)
- 2010-2017 pop. change due to migration: +81,055
- Largest 12 month change: +18,291 (2014-2015)
- Median household income: $57,659
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