Nashville Named One of Fastest Growing Cities in 2024
The Jewel of the South Crowned as Rapid-Growth Destination
The Nashville Metropolitan Statistical Area has been included among the top 20 fastest-growing areas in the nation as of 2024. This honor has been bestowed according to a recent report from Exploding Topics, a leading data analytics platform.
Decoding the Nashville Growth Phenomenon
Data derived from reputable sources including the most recent US Census, worldometers, worldclimate.com, and bestplaces.net indicates a consistent rise in Nashville’s growth rate. The city took the 10th spot on the list of fastest-growing metro areas, tailing hotspots in Texas, Arizona, and Florida.
In the span of 2023, the Nashville Metropolitan Statistical Area, comprising Davidson, Murfreesboro, and Franklin, received an influx of approximately 86 new residents every day. This surge has been attributed to natural population growth as well as migration from other parts of the country.
Unpacking Tennessee’s Population Boom
From July 2022 to July 2023, Tennessee marked a 1.1% change in population, according to data from the U.S. Census Bureau. The Middle Tennessee area witnessed the most considerable increases, particularly in Clarksville and Spring Hill, which experienced population growth higher than 2%. Population boosts were also observed in Murfreesboro (1.9%), Smyrna (1.6%), and Franklin (1.3%).
Exploding Topics attributes the expanding growth trend to a combination of factors. Nashville’s thriving tourism industry, robust healthcare sector, and a rising number of businesses establishing their headquarters in the area have all played significant roles.
Celebrated corporations like Bridgestone Americas Inc., Nissan North America, and Tractor Supply have made Nashville their home territory. More corporate giants like Oracle Corp are set to join the rush.
The Top 20 Fastest-Growing Metro Areas
Let’s take a glance at the top 20 fastest-growing Metro areas in the United States according to the Exploding Topics report:
- Austin, Texas
- Raleigh, N.C.
- Orlando, Fla.
- Charleston, S.C.
- Houston, Texas
- Sarasota, Fla.
- San Antonio, Texas
- Dallas, Texas
- Phoenix, Ariz.
- Nashville, Tenn.
- Charlotte, N.C.
- Denver, Colo.
- Las Vegas, Nev.
- Seattle, Wash.
- Jacksonville, Fla.
- Tampa, Fla.
- Atlanta, Ga.
- Salt Lake City, Utah
- Oklahoma City, Okla.
- McAllen, Texas
Conclusion
In light of these figures, it’s evident that Nashville’s star is on the rise nationally. The charm of Southern hospitality, coupled with a vibrant economy, propels it as a top spot among America’s fastest-growing areas.
