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Home » Forbes ranks Raleigh #1 for Relocation Destination

Forbes ranks Raleigh #1 for Relocation Destination

April 15, 2009 by Kevin McVicker

Raleigh is #1 in the country !
Charlotte is #3 in the country!

U.S. migration may be down overall, but these vibrant metro areas are still attracting newcomers.

In Depth: 10 Cities Where Americans Are Relocating Unemployment is on the rise, credit is tight, and consumers aren’t spending–which means they aren’t picking up and moving much either. Very few places in America saw significant population growth in 2008.

But the buzzing metropolitan area of Denver bucked that trend. Its population increased by 2.17% in 2008. In 2007, it increased by 2.09%. In 2008, Denver was the 10th-fastest growing metro area in the U.S.

Despite the overall economic slowdown, some parts of the country keep on moving ahead, attracting more and more newcomers–even if it’s at a slower pace than in more sound economic times. These places still offer a semblance of stability, as well as great weather, cultural life and, in many cases, affordability.

Behind the Numbers
To determine the fastest-growing metro areas in the country, we used 2008 population estimates for metropolitan statistical areas with a population over 1 million, released March 19, 2009, by the U.S. Census Bureau. MSAs are geographic entities defined by the U.S. Office of Management and Budget for use by federal agencies in collecting, tabulating and publishing federal statistics.

We then compared the 2008 population estimates to the previous year’s data to see which areas had grown the most, percentage-wise.

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Nine places fared even better than Denver, though they share similar qualities: more business opportunities, better weather and more affordable housing. The top three areas according to the data are Raleigh, N.C., ranking first, which jumped 4.29% to nearly 1.9 million; Austin, Texas, which came in second, with a 3.77% increase to almost 1.7 million; and Charlotte, N.C., which moved up 3.36% to 1.7 million.

Read the entire report by clicking the link below:

Top Ten List

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    Kevin McVicker

    Kevin McVicker is a real estate broker residing in Durham, North Carolina. He has been licensed since 1994 and serves the Research Triangle region, as well as the Charlotte region. He specializes in residential brokerage for local home buyers and real estate investors.

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