In this piece, we will take a look at the five fastest-growing cities in the Southeast. For more cities, head on over to 20 Fastest-Growing Cities in the Southeast.
5. Virginia Beach, Virginia
Net Inbound Move Rate: 54.7%
Virginia Beach is a Southeastern Virginian city with a population of almost half a million people. It is one of the younger cities on our list since it was officially incorporated during the mid 20th century. Virginia Beach is one of the world’s leading tourist destinations, known particularly for its long pleasure beach. Naturally, this leads to tourism playing an important role in the city’s economy. Apart from tourism, broadcasting, and defense equipment companies also have a presence in the city.
4. Memphis, Tennessee
Net Inbound Move Rate: 55.1%
Memphis is the second largest city in Tennessee in terms of population. It is also one of the older cities on our list since it was set up in the early nineteenth century. Memphis benefits from its central location, which makes it a transportation hub in its state. Several large companies are based in the city, the most notable of which is FedEx, which benefits from Memphis’s central location. The city is also a hub for aerospace and aircraft parts manufacturing in America.
3. Hialeah, Florida
Net Inbound Move Rate: 55.2%
Hialeah is another small city on our list, which houses less than a quarter of a million people. The city is primarily made up of Hispanics, and it was incorporated in 1925. Hialeah is known primarily for its strong presence in the retail industry, with the sector made of both large companies such as Walmart and countless small mom and pop stores. Hialeah also has one of the largest race parks in the country, the Hialeah Park Race Track.
2. Miami, Florida
Net Inbound Move Rate: 55.2%
Miami is the second biggest city in Florida in terms of population, which sits at almost half a million people. It is an economic hub in the state and in America and is known for its skyscraper skyline. Miami was settled in the mid 19th century, making it a relatively younger major city in the U.S. The city is a hub for the television production industry in America, and it also has some of the biggest ports in the U.S. Miami is also home to important cruise ship companies due to its coastal location.
1. Charlotte, North Carolina
Net Inbound Move Rate: 56.6%
Charlotte is the largest city in North Carolina with a population of more than eight hundred thousand people. It is regularly ranked as one of the fastest growing metropolitan areas in America. Charlotte plays an important role in the U.S. financial industry, with a large presence of banking and financial firms.
Disclosure: None. You can also take a look at 11 Best Data Center Stocks to Buy Now and 30 Countries with the Highest GDP in 2022.
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