(KNUE-FM) It may come as no surprise to you that Texas is predicted to become America’s ultimate business hub in the near future. With that prosperity, some Texans and wealthy individuals from other areas are undoubtedly hoping to enjoy the fruits of their labor, including living in a gorgeous neighborhood.
Why Texas Is Becoming America’s Future Business Hub
Given that, it only makes sense that booming businesses mean booming suburbs—and wealthy suburbs at that—are soon to follow. In reality, they’re already here and continuing to grow. Some are growing at an incredible rate.
What’s Driving the Boom in Wealthy Suburbs?
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GOBankingRates rated the fastest-growing wealthy suburbs in the United States in May of this year. And what do the TOP 3 all have in common? Yep, they’re right here in Texas. In fact, the #1 fastest-growing wealthy suburb is less than four hours from Tyler, Texas.
So, how did GOBankingRates come to determine which U.S. suburbs are the fastest-growing wealthy suburbs?
How GOBankingRates Identified the Fastest-Growing Wealthy Suburbs
GOBanking Rates “sourced places from the U.S. Census American Community Survey with populations between 25,000 and 100,000.
Metro areas with populations of 1 million or more were kept, and the American Community Survey Census from 2018 and 2023 were referenced to determine each city’s numerical and percentage change in population from 2018 to 2023.”…