Summerville, South Carolina named the #1 Suburb People Want to Move to (2 Other SC Cities Also Made the Top 10) in new report

A crux of the American dream since the post-war boom, suburbs continue to attract more movers than any other type of neighborhood. With their promise of stability, community, and homeownership, they offer the space and amenities that many seek. They’re known as family-friendly havens, safely outside the noise of the employment-rich cities around which they sprawl.

Essential to the ideal of suburban homeownership is steady employment. Today’s top suburbs drawing interest from relocating Americans are known not only for their lifestyle appeal, but also for their strong job markets.

In 2024, which of America’s suburbs have local job markets strong enough to attract movers from all over the country?

Using search data from the moveBuddha Moving Cost Calculator, we found that among more than 210K move inquiries made so far in 2024, there are 43 suburbs where this aspect of the American dream is alive and well. In addition to generating more searches from people looking to move in compared to out, these top suburbs also have annual job growth over the August 2024 national average of 1.55%.

Big Takeaways

• Growing gems: Just 43 American suburbs in 2024 are popular with movers and are in metros that can boast above-average job growth.
• Southern coastal cities dominate move searches, with 9/10 of the most popular cities located within the region.
• #1 Summerville, SC, a Charleston suburb, soars almost 38% above the closest competition for desirability: 3.76 people search for a move into this popular suburb for every outbound search.
• The best for affordability, Broken Arrow, OK, a Tulsa suburb, sees average home prices of just $275,250. On the flip side, famous and Hollywood-adjacent Beverly Hills, CA sets buyers back more than 11x Broken Arrow’s average: a typical home here will cost buyers $3,511,964.
• The 5 job-magnet suburbs everyone wants to move to in 2024, in metros with the fastest-growing job markets, with 2023-2024 job growth from 4.2% to 2.9%, vastly higher than the national 1.55% average: Summerville, SC; Mount Pleasant, SC; Meridian, ID; Henderson, NV; and Bentonville, AR.

The job-magnet suburbs everyone wants to move to in 2024: Summerville, SC

While not every suburb in the top ten for popularity has ocean waves lapping at its shores, all are within 2 hours of a beach day. The coastal South reigns supreme for its suburbs where people want to move in, and where far fewer residents considering a move-out.

The 10 top job-magnet suburbs everyone wants to move to in 2024, with the highest in-to-out move ratios:

1. Summerville, South Carolina
2. Conway, South Carolina
3. Beverly Hills, California
4. Winter Garden, Florida
5. Davenport, Florida
6. Bluffton, South Carolina
7. Cary, North Carolina
8. Clermont, Florida
9. Wake Forest, North Carolina
10. Conroe, Texas

Eight of the ten most popular suburbs fall within just three states: North Carolina, South Carolina, and Florida. In North Carolina’s Raleigh-Durham-Chapel Hill metro area, Cary and Wake Forest both rank as top suburban destinations. In Florida, three Orlando-area suburbs take the prize: Clermont, Winter Garden, and Davenport. South Carolina’s top suburbs are spread across the state.

With the highest move-in ratio, Summerville, SC, sees 3.76 people searching to move in for every resident looking to leave. A suburb of Charleston, Summerville’s popularity among prospective movers may be due to the incredibly strong job growth in the metro area – 4.2% between August 2023 and 2024. Known for its red-brick historic district, farmer’s market, and community events like the Flowertown Festival, Summerville is also one of just three suburbs in the top ten with an average home value under $400K (the others are Conway, SC, and Davenport, FL).

The juggernaut of southern suburbs is broken by only Beverly Hills, CA, where 2.54 new residents express a desire to move in for every outbound search.

Full Report

Source Link: MoveBuddha