Latest news with #SouthernCities
Yahoo
18-05-2025
- Business
- Yahoo
Most of America's fastest-growing cities are in Texas, Florida
The Brief Southern and Western cities led U.S. population growth from 2023 to 2024, with Princeton, Texas, growing the fastest at 30.6%. New York City saw the largest numeric gain, adding over 87,000 residents, while Los Angeles returned to the top gainers list. Seven cities passed 100,000 residents, and two—Jacksonville, FL, and Fort Worth, TX—crossed the 1 million mark. The latest census data reveals the country's fastest-growing cities are mostly in Texas and Florida. By the numbers The U.S. Census Bureau's Vintage 2024 estimates that cities of all sizes saw average growth from 2023 to 2024, with Southern and Western cities expanding the fastest. Leading the pack was Princeton, Texas, which posted a remarkable 30.6% growth rate. Other cities that follow are Fulshear and Celina, Texas, and Leesburg, Florida. What they're saying "Many population growth rates reversed or saw major changes between 2023 and 2024," Crystal Delbé, a statistician in the Census Bureau's Population Division, said in a news release. "Cities in the Northeast that had experienced population declines in 2023 are now experiencing significant population growth, on average. In fact, cities of all sizes, in all regions, showed faster growth and larger gains than in 2023, except for small cities in the South, whose average population growth rate remained the same." By the numbers The data showed that 12 of the 15 cities with the largest numeric population gains between 2023 and 2024 were located in the South or the West, but the Northeast's New York, New York still topped the list with an increase of 87,184 residents between 2023 and 2024. Rounding out the top five most populus cities were: Los Angeles, California; Chicago, Illinois; Houston, Texas and Phoenix, Arizona. See the full report here. Seven cities crossed the 100,000-population threshold, with five of them in the South: Deltona, Florida (100,513); Plantation, Florida (100,694); Sunrise, Florida (100,128); Georgetown, Texas (101,344); and San Angelo, Texas (100,159). The two others are in the West: Tracy, California (100,136), and Federal Way, Washington (100,252). Dig deeper Across the nation, cities with populations fewer than 5,000 grew by 0.3% on average, compared with average growth rates of 1.0% for those with populations of 5,000 to 9,999; 1.1% for those with populations of 10,000 to 49,999; and 1.0% for those with populations of 50,000 or more. Princeton city, Texas, a suburb of Dallas, was the fastest-growing city in 2024. Princeton increased its population by nearly one-third in just one year and has more than doubled it since 2020, from roughly 17,000 to 37,000. Washington, D.C. also added almost 15,000 residents in 2024, nearly doubling its population gain in 2023. RELATED: Here's where Gen Zers are buying homes – and it's not in LA or NYC Los Angeles, California, returned to the list of top gainers for the first time since 2016, adding over 31,000 residents in 2024, making it third among the nation's largest-gaining cities. Two cities crossed the 1 million-population threshold between 2023 and 2024 — Jacksonville, Florida (1,009,833), and Fort Worth, Texas (1,008,106). The Source Stephanie Weaver contributed to this report. The information in this story comes from the U.S. Census Bureau's Vintage 2024 population estimates, which track annual changes in population across American cities. This story was reported from Los Angeles.
Yahoo
17-05-2025
- Business
- Yahoo
10 Small Cities in the South Where Homes Are Rapidly Gaining Value
A home is often considered a good investment because of its likelihood to appreciate in value over the years. Some areas see more radical upticks in value (and, with it, sales price) than others. Take La Crescenta-Montrose, a city in Los Angeles, with a livability score of 71 out of 100. The average home value in May 2025 was $1,351,730 — up 1.8% over the year prior. In just 365 days, the home appreciated by more than 24,000. Check Out: Read Next: Now, we tend to not see home values appreciate as rapidly in small Southern cities as we do in Los Angeles suburbs — but sometimes we do. In fact, sometimes we see far more substantial appreciation in just as short a window of time. GOBankingRates analyzed smaller towns to find the Southern cities where your home is on track to gain value. Home shoppers and real estate investors, it's time to put these baby metros on your real estate radar — and to keep your eye on Kentucky in general. Population: 1,977 2020 average home value: $94,407 2024 average home value: $147,178 2025 average home value: $163,573 Be Aware: Population: 3,536 2020 average home value: $89,185 2024 average home value: $131,897 2025 average home value: $149,031 Population: 3,820 2020 average home value: $92,424 2024 average home value: $136,325 2025 average home value: $154,251 Population: 2,218 2020 average home value: $92,090 2024 average home value: $139,493 2025 average home value: $156,925 Population: 1,998 2020 average home value: $52,117 2024 average home value: $66,327 2025 average home value: $78,249 Population: 3,211 2020 average home value: $92,480 2024 average home value: $150,522 2025 average home value: $168,140 Population: 2,628 2020 average home value: $133,782 2024 average home value: $235,868 2025 average home value: $259,071 Population: 2,672 2020 average home value: $66,190 2024 average home value: $112,995 2025 average home value: $127,071 Population: 1,948 2020 average home value: $78,370 2024 average home value: $123,222 2025 average home value: $141,848 Population: 1,488 2020 average home value: $67,385 2024 average home value: $109,772 2025 average home value: $125,579 Editor's note: Photos are for representational purposes only and might not reflect the exact locations listed in this article. Methodology: For this study, GOBankingRates analyzed smaller towns to find the cities where your home will gain value. Using the Zillow Home Value Index from February 2020, 2024 and 2025, the percentage change in home values was calculated. The cities with a larger increase than the national average were kept for this study. Using the U.S. Census American Community Survey, the total population can be sourced and cities with no more than 7,500 people were kept for this study. The 1-year and 5-year percent change in home values were calculated and were each scored with the highest score being the best. The cities were sorted to show the smaller cities where your home value will gain value. All data was collected on and is up to date as of March 28, 2025. More From GOBankingRates What $1 Million in Retirement Savings Looks Like in Monthly Spending 6 Hybrid Vehicles To Stay Away From in Retirement 5 Little-Known Ways to Make Summer Travel More Affordable 8 Common Mistakes Retirees Make With Their Social Security Checks This article originally appeared on 10 Small Cities in the South Where Homes Are Rapidly Gaining Value Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-05-2025
- Business
- Yahoo
Ranked: These are now the largest US cities, based on new Census data
The Brief According to new data, many Southern and Western cities led in population gains, but New York City remained the largest U.S. city with over 8.4 million residents. Princeton, TX was the fastest-growing city, expanding by nearly 31% in just one year. Seven cities crossed the 100,000 population mark, five of them in the South, highlighting continued regional growth. WASHINGTON - New data shows that cities across the United States have experienced renewed population growth from 2023 to 2024, with Southern and Western cities driving the largest gains, but the most populus U.S. cities, overall, have remained the same. The newly released estimates are from the U.S. Census Bureau's Vintage 2024 data. By the numbers The data showed that 12 of the 15 cities with the largest numeric population gains between 2023 and 2024 were located in the South or the West, but the Northeast's New York, New York still topped the list with an increase of 87,184 residents between 2023 and 2024. Rounding out the top five most populus cities were: Los Angeles, California; Chicago, Illinois; Houston, Texas and Phoenix, Arizona. See the full report here. Seven cities crossed the 100,000-population threshold, with five of them in the South: Deltona, Florida (100,513); Plantation, Florida (100,694); Sunrise, Florida (100,128); Georgetown, Texas (101,344); and San Angelo, Texas (100,159). The two others are in the West: Tracy, California (100,136), and Federal Way, Washington (100,252). Dig deeper Across the nation, cities with populations fewer than 5,000 grew by 0.3% on average, compared with average growth rates of 1.0% for those with populations of 5,000 to 9,999; 1.1% for those with populations of 10,000 to 49,999; and 1.0% for those with populations of 50,000 or more. Princeton city, Texas, a suburb of Dallas, was the fastest-growing city in 2024. Princeton increased its population by nearly one-third in just one year and has more than doubled it since 2020, from roughly 17,000 to 37,000. Washington, D.C. also added almost 15,000 residents in 2024, nearly doubling its population gain in 2023. RELATED: Here's where Gen Zers are buying homes – and it's not in LA or NYC Los Angeles, California, returned to the list of top gainers for the first time since 2016, adding over 31,000 residents in 2024, making it third among the nation's largest-gaining cities. Two cities crossed the 1 million-population threshold between 2023 and 2024 — Jacksonville, Florida (1,009,833), and Fort Worth, Texas (1,008,106). The Source The information for this story was provided by newly released estimates from the U.S. Census Bureau's 2024 data published on May 15, 2025. This story was reported from Los Angeles.
