20 Fastest Growing States in 2024

Page 5 of 5

1. South Carolina

Percentage Change in Population: 1.7%

Population Growth: 90,600

South Carolina is situated along the southeastern Atlantic coast. The state’s population grew by over 90,000 individuals to reach a total population of 5,373,555 in 2023. This marked the highest percentage population increase in the country at 1.7%.

More and more people are moving to Palmetto State, attracted by its appealing features. South Carolina draws retirees seeking a peaceful lifestyle and decent weather, while the younger generation is attracted by its job market and low cost of living. The cost of living in South Carolina is over 5% lower than the US average.

According to a survey conducted by ABC15, a majority of respondents cited weather (54%) as the primary reason for relocating to the Palmetto State. Taxes (14%) and cost of living (21%) were also significant factors influencing their decision to move.

At Insider Monkey, we delve into a variety of topics, ranging from the fastest-growing states in 2024 to business aspects; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Michael Burry Is Selling These Stocks and Jim Cramer is Recommending These Stocks.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5