A sleepy lakeside town in North Carolina has been named the fastest-growing suburb in America because you can buy a new home there for less than $500,000.
Mooresville is the fastest-growing part of the Charlotte metropolitan area with a population of 50,000, according to the city’s website.
This quiet 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 come from this location, earning it the nickname “Race City USA.”
Aside from its residents’ need for speed, it’s a nice place to settle down with home prices averaging around $480,500 in July.
The city’s population grew nearly 30% in two years, from 38,500 to 50,000 between 2020 and 2022, according to GoBankingRates, which ranks cities.
Mooresville is the fastest growing part of 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 come from this location, earning it the nickname “Race City USA.”
Those who choose to settle in the southern city will enjoy plenty of activities on nearby Lake Norman, from boating to fishing to hiking. The city also offers farmers markets, a corn maze, and festivals that will delight locals.
Boat and water toy rentals are also available, as well as cruise charters.
Residents and tourists alike can enjoy a “beer trial” by visiting many local breweries or even relaxing at one of the city’s many spas.
The city also has plenty of museums to visit, including those dedicated to art and motorsports, 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 can enjoy a variety of activities on nearby Lake Norman, from boating to fishing to hiking. There are also farmers markets, a corn maze and festivals to keep residents happy.
It is also home to a Trump National Gold Club course.
It is also home to the NASCAR Technical Institute, the nation’s first technical training school that combines comprehensive automotive and motorsports technology.
It is also home to Team Penske’s NASCAR teams, as well as IndyCar and ALMS teams.
Mooresville also has a Hall of Fame for its famous racing drivers and many race car driving adventures.
The city also makes the list alongside Concord and Clayton.
It is also home to a Trump National Gold Club course (pictured)
GoBankingRates chooses the cities on the list based on suburbs with home values under $500,000 and a population growth of 9% between 2020 and 2022.
Among the 50 people 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.
Other more well-known cities also made the list, including Dearborn, Michigan, Brocton, Massachusetts, and Desert Hot Springs, California.