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South Carolina Emerges as the Top Growth State for 2024

South Carolina Growth

News Summary

In 2024, South Carolina has claimed the title of the top growth state in the U.S., according to the U-Haul report. With a cost of living 7% lower than the national average and a booming job market, the state is becoming increasingly attractive to new residents. Not only has South Carolina seen a steady influx of movers, but its population growth rate stands at 1.06%. Major companies are thriving here, contributing to a vibrant economy and enriching the communities. This upward trend positions South Carolina as a sought-after destination for those seeking new opportunities and lifestyle improvements.

South Carolina Takes the Crown as the Top Growth State of 2024

As we step into 2024, the beautiful state of South Carolina is basking in the spotlight as the number one growth state in the country, according to the latest U-Haul report. This remarkable achievement marks a significant leap for the state, climbing three spots from the previous year and surpassing Texas, which had held the title since 2021.

Why the sudden appeal?

What makes South Carolina such a hot spot for movers? For starters, the cost of living in the state is a staggering 7% below the national average, making it a pocket-friendly choice for families and individuals alike! Residents enjoy a lifestyle that doesn’t compromise on amenities, a true win-win situation.

Not to forget the state’s mild climate! With year-round temperatures that encourage outdoor activities, residents can indulge in everything from golfing to hiking in the stunning Blue Ridge Mountains, or simply soaking up the sun on pristine beaches. Who wouldn’t want to move to such a paradise?

Migration Trends and Economic Boom

net gain of movers for 2024! In fact, U-Haul reports that a whopping 51.7% of all one-way traffic into and out of the state consisted of people moving in!

Driving this popularity is an expanding business landscape. Recognized for its booming manufacturing sector, South Carolina is home to major players like Boeing, BMW, and Volvo. The tech and healthcare sectors are also on a roll, propelling a 7% increase in employment over the past five years. Areas like Charleston’s Silicon Harbor are buzzing with tech startups, while Greenville is stepping up as a leader in advanced manufacturing. South Carolina is definitely positioning itself as a rising star in the Southeast!

A Growing Population

Between the summers of 2023 and 2024, South Carolina gained around 91,000 new residents, drawing in folks mainly from New York, North Carolina, and New Jersey. As we take a closer look, cities like Columbia, Charleston, and North Charleston all boast significant populations, each exceeding 100,000 residents. Greenville County is leading the way with 525,534 people, making it the most populated area in the state!

Demographic Shifts

The Bottom Line

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STAFF HERE MYRTLE BEACH
Author: STAFF HERE MYRTLE BEACH

The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.

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