A quiet lakeside town in North Carolina has been named the fastest-growing suburb in the United States, as one can buy a new home for less than $500,000.
Mooresville is the fastest growing area in the Charlotte metropolitan area, with a population of 50,000, according to city website.
The sleepy town, located near Lake Norman, is just 25 miles from the big city and is best known for the number of NASCAR racing teams and drivers that hail from the area, earning it the nickname “Race City USA.”
Beyond its residents’ need for speed, it’s a good place to settle down, with home prices averaging around $480,500 in July.
The city’s population has grown by almost 30 percent in two years, rising from 38,500 to 50,000 between 2020 and 2022, according to GoBanking Feesthat classified cities.
Mooresville is the fastest growing area in the Charlotte metropolitan area, with a population of 50,000. The quiet town, located near Lake Norman, is just 25 miles from the big city.
It is best known for the number of NASCAR racing teams and drivers that hail from the area, earning it the nickname “Race City USA.”
Those who decide to settle in the southern city will be able to enjoy numerous activities on nearby Lake Norman, from boating to fishing and hiking. There are also farmers markets, a corn maze and festivals to delight residents.
Boat and water toy rentals are also available, as well as cruise charters.
Residents and tourists alike can indulge in a little “beer tasting” by visiting tons of local breweries or even relaxing at one of the city’s many spas.
The city also has numerous museums to visit, including art and motorsports museums, according to Visit Mooresville.
Residents and tourists alike can enjoy a “beer tasting” by visiting tons of local breweries.
Those who choose to settle in the southern city will be able to enjoy numerous activities on nearby Lake Norman, from boating to fishing and hiking. It also has farmers markets, a corn maze and festivals to delight residents.
It is also home to a Trump National Gold Club golf course.
It is also home to the NASCAR Technical Institute, the nation’s first technical training school combining comprehensive automotive and motorsports technology.
It is also home to Team Penske’s NASCAR teams, as well as the IndyCar and ALMS teams.
Mooresville also has a Hall of Fame for its famous race car drivers and many adventures in race car driving.
The city also appears on the list along with Concord and Clayton.
It is also home to a Trump National Gold Club golf course (pictured)
GoBankingRates chooses the cities on the list based on suburbs that had home values under $500,000 and saw nine percent population growth between 2020 and 2022.
Of the 50 chosen, 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.
Some more recognizable cities also made the list, including Dearborn, Michigan; Brocton, Massachusetts; and Desert Hot Springs, California.
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