While lists of the fastest growing cities in the country typically feature a lineup of the usual suspects, a new list of the fastest growing neighborhoods in the country is anything but usual. Stippled all over the contiguous United States, the list of the fastest growing neighborhoods in the country--places where job opportunities are piling up, new households are forming, and new homes are being built to meet growing demand--are as varied as their climates or the people who call them home.
In order to compile the list, Realtor.com used a zip code analysis to find neighborhoods that have experienced up to five times the job growth of the top 100 counties in the country. Each neighborhood on the list also shares details such as new home starts being six times the growth of in the top 100 counties and each individual zip code is projected to continue to see a growth in households of 9 percent to 19 percent of the next five years.
Kicking off the list at number 10 is Atlantic Station in Atlanta, Ga. Over the last year, many stores in the neighborhood have seen double-digit growth due to an extreme makeover that included parking decks, increased security, and street-side parking meters. Atlantic Station is projected to experience a 15.7 percent five-year household growth rate, as well.
The Loop in Chicago, Ill. was number nine on the list, and long known for being a hotspot for young professionals and academics working at the nearby University of Chicago. Also, a recently completed apartment tower just added 690 rental units that acted as a boon to the area’s theater district. The projected five-year household growth is 18.9 percent.
Lest you think every neighborhood on the list is located in a large city, Rolesville, N.C. (7) and Power Ranch in Gilbert, Ariz. (1) are also featured prominently. Other neighborhoods on the list stretch from coast to coast from the hipster haven of Williamsburg in Brooklyn, N.Y. (8), to Belltown in Seattle, Wash. (6).
To view the full list and why each neighborhood was selected, click the link below.
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