Fastest Growing Suburbs Identified in U.S.

Recent studies highlight significant population growth in various U.S. cities and suburbs, with Texas leading in urban development. Goodyear, Arizona, tops the list as the fastest-growing city, boasting a 42% increase in residents over five years, while North Texas cities like McKinney and Frisco also show substantial growth. In North Carolina, Mooresville has emerged as the fastest-growing suburb with a nearly 30% population increase, and affordable housing prices averaging $480,430. Meanwhile, Lebanon and Gallatin in Tennessee rank among the fastest-growing suburbs nationwide, with Lebanon witnessing a 14% population surge. In Sydney, Australia, predictions indicate continued growth in specific suburbs, despite an overall slowing market. The urban growth trend underscores a broader economic shift, as cities generate the majority of the U.S. GDP and attract a more productive workforce.