Movin’ on up.
For a lot of Individuals, their aim is to finally depart the hustle and bustle of a metropolis to purchase a house in a quiet suburban neighborhood. Whereas all of this sounds superb and dandy — the ridiculously fickle housing market is forcing many to reevaluate the place their life will settle.
So if you happen to’re open to the thought of probably transferring states, GOBankingRates’ analysis crew simply revealed the highest fastest-growing suburban neighborhoods within the US — and the way a lot cash folks have to make yearly to afford a house there.
Woodbridge, Virginia ranked No. 1 on the record. In response to the report, the city’s inhabitants soared from about 4,000 residents to 43,000 over the course of 5 years between 2018 and 2023.
On common, residents right here want about $124,161 to not stay paycheck to paycheck, in keeping with the report.
“There are a mess of causes for this inhabitants increase, however amongst them is the truth that many DC-area residents left the town through the pandemic searching for less-populated, close by suburbs, corresponding to Woodbridge,” GOBankingRates researcher CJ Williamson Southern Dwelling.
“Our information additionally reveals Woodbridge has a comparatively sturdy livability rating (71 out of 100) and a comparatively inexpensive residence median value for the DC space, at roughly $500,000 as of February 2025, which can additionally clarify its rising recognition,” he informed the outlet.
Texas dominated the highest three spots on the record. Fulshear, Texas got here in at second place with a 236.7% improve in inhabitants — and a $119,909 wage is required to afford a home right here.
Celina and Princeton have been two different Texas cities within the high three that noticed an over 100% improve in residents transferring right here. The wage vary to stay right here is between $95,000 and $137,000.
Among the neighborhoods that didn’t make the highest 10 — however nonetheless made the record embrace Saint Cloud, Florida, the place a resident wants not less than $108,487 to stay comfortably.
Hamtramck, Michigan which is extra inexpensive, contemplating if somebody desires to purchase a house there, they’ll want an revenue of $76,618.
No less than $120,895 is required yearly to afford Wake Forest, North Carolina.
For any New Yorkers who wish to make a life change — Elkridge, Maryland isn’t too far, and a wage of about $119,076 will make residing there comfy.
Out west — Citadel Rock, Colorado, Completely satisfied Valley, Oregon and Avon, Indiana are all potential choices. Wage ranges wanted to afford a house in these states must be between $85,000 and $150,000.
Down south, Kyle and Katy are two Texas areas that additionally made the record. A wage within the $90,000 vary will get you a pleasant residence there.
The highest 10 fastest-growing suburbs and the common wage wanted to stay there
1. Woodbridge, Virginia (887.3%, $124,161)
2. Fulshear, Texas (236.7%, $199,909)
3. Celina, Texas (190.2%, $137,965)
4. Princeton, Texas (114.7%, $95,375)
5. Queen Creek, Arizona (84%, $137,492)
6. Prosper, Texas (81%, $160,327)
7. Fort Mill, South Carolina (77.6%, $121,572)
8. Destiny, Texas (77.3%, $97,589)
9. Anna, Texas (70.9%, $96,137)
10. Groveland, Florida (65.4%, $105,272)
In case you can’t appear to half methods together with your nook Bodega retailer or the thought of residing in a quiet suburban neighborhood makes you wish to hurl — current information from Redfin revealed the US cities the place properties are promoting the quickest.
New York’s Rochester, Buffalo, Albany and Lengthy Island’s Nassau County all made the highest 10 record.
