Charleston Area enjoys BoomTown status
Top Boomtowns in America – 2019 Edition via smartasset
Written by: Nadia Ahmad
“Boomtowns, characterized by prosperity and robust development, are often desirable places to put down roots and take out a mortgage. Economic growth provides employment opportunities and draws new residents. Some places, however, are growing faster than others. That’s why SmartAsset decided to find the cities in America where populations and job opportunities are rising rapidly.”
“In order to find the top 10 boomtowns in America, we looked at the most recently available data for 500 of the largest cities across the following seven metrics: population change, unemployment rate, change in unemployment rate, GDP growth rate, business growth, housing growth and change in household income.“
“Colorado, Texas and South Carolina dominate the top 10. These states each claim three of the top 10 boomtowns nationwide. They stand out for their low unemployment rate and high five-year housing-growth rate.”
Charleston, North Charleston and Mount Pleasant are each individually listed...