10 Fastest-Growing Cities in the South

1. Charleston, South Carolina

GDP Growth Rate: 5.9%

Charleston, South Carolina, cements its status as one of the fastest-growing cities in the South due to its robust economy, strategic location, and commitment to closing economic disparities. The city’s economy is bolstered by key sectors such as tourism, healthcare, technology, and manufacturing, providing a diverse array of employment opportunities and driving economic growth. Additionally, Charleston’s thriving hospitality industry, anchored by its historic charm and coastal attractions, contributes significantly to its economic vitality. However, Charleston also recognizes the importance of addressing economic disparities and promoting inclusivity. Efforts such as the Mayor’s Office for Children, Youth, and Families and initiatives aimed at affordable housing and workforce development demonstrate Charleston’s commitment to closing gaps and creating opportunities for all residents to thrive in the city.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out 18 Best Southern Cities to Retire on a Budget of $1500 a Month and Best Workers’ Compensation Law Firms in Each of the 30 Biggest Cities in the US.