A sleepy lakeside town in North Carolina has been named America’s fastest-growing suburb because you can buy a new home there for less than $500,000.
Mooresville is the fastest growing part of the Charlotte metropolitan area with a population of 50,000, according to the city website.
The quiet town, located near Lake Norman, is only 25 miles from the big city and is best known for the many NASCAR racing teams and drivers that come from here, earning it the nickname ‘Race City USA’.
Aside from its residents’ need for speed, it’s a nice place to settle down, with home prices averaging around $480,500 in July.
According to figures from the city government, the city’s population has grown by almost 30 percent in two years, from 38,500 to 50,000 between 2020 and 2022. GoBanking Ratesin which the cities were ranked.
Mooresville is the fastest growing part of the Charlotte metropolitan area with a population of 50,000. The quiet town, located near Lake Norman, is only 25 miles from the big city
It is best known for being the home of so many NASCAR racing teams and drivers, earning it the nickname “Race City USA.”
Those who choose to settle in the southern city can enjoy a variety of activities on nearby Lake Norman, from boating to fishing to hiking. It also has farmers markets, a corn maze and festivals to keep residents entertained.
Boats and water toys are also available for hire, and cruise charters can also be arranged.
Locals and tourists alike can enjoy a ‘beer tasting evening’, as well as visit one of the many local breweries or relax in one of the city’s many spas.
According to the city, there are also many museums to visit, including art and motorsports museums. Visit Mooresville.
Both locals and tourists can enjoy a ‘beer tasting’, as well as visit numerous local breweries
Those who choose to settle in the southern city can enjoy a variety of activities on nearby Lake Norman, from boating to fishing to hiking. It also has farmers markets, a corn maze, and festivals to keep residents entertained
There is also a Trump National Gold Club course.
It is also home to the NASCAR Technical Institute, the nation’s first technical training school that combines full automotive and motorsports technology.
Team Penske’s NASCAR teams, as well as the IndyCar and ALMS teams, are also based here.
Mooresville also has a Hall of Fame for its famous race car drivers and many other adventures.
The city is also on the list, along with Concord and Clayton.
It is also home to a Trump National Gold Club course (pictured)
GoBankingRates selects the cities on the list based on suburbs with home prices under $500,000 and a population growth of nine percent between 2020 and 2022.
Of the 50 selected participants, many came from Arizona, California, Florida, Maryland, Michigan and Texas.
The top five places to move are Moorseville, Hamtramck, Michigan; Buckeye, Arizona; Union City, Georgia; and Canyon Lake, Texas.
Several other recognizable cities also make the list, including Dearborn (Michigan), Brocton (Massachusetts), and Desert Hot Springs (California).
