America's Fastest-Growing Suburbs and the Salaries Needed To Afford Them
You don’t need to earn six figures to comfortably live in many of the nation’s fastest-growing suburbs. In a new MoneyLion study ranking the 50 fastest-growing U.S. suburbs, 23 suburbs have median household incomes under $100,000 annually.
After defining suburbs as locations with a minimum of 5,000 total households which are not named cities in the metropolitan area, MoneyLion analyzed each suburb’s total population and median household income. We kept the locations with a minimum 20% total population increase from 2019 to 2024.
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Each location’s total cost of living was calculated using the average expenditure and mortgage costs.
Key Findings
The five fastest-growing suburbs have experienced five-year population booms of 100% or greater. They are Fulshear, Texas (252%); Celina, Texas (208.3%); Wildwood, Florida (157.5%); Princeton, Texas (132.6%); and Melissa, Texas (112.3%).
Texas boasts 15 fastest-growing suburbs, the most of any state: Fulshear (#1), Celina (#2), Princeton (#4), Melissa (#5), Manor (#7), Anna (#8), Fate (#10), Royse City (#17), Forney (#24), Glenn Heights (#26), Hutto (#30), Leander (#35), Red Oak (#39), Kyle (#44) and Midlothian (#46).
Florida and Utah tied after Texas with seven suburbs apiece. In Florida, they are Wildwood (#3), Groveland (#14), Panama City Beach (#22), Haines City (#25), Leesburg (#36), Clermont (#42) and Doral (#48). The seven fastest-growing Utah suburbs include Saratoga Springs (#11), Eagle Mountain (#12), West Haven (#16), Herriman (#23), Bluffdale (#29), Lehi (#43) and Hurricane (#47).
You can live comfortably in four suburbs for under $75,000 annually: Lebanon, Tennessee ($72,848); Coolidge, Arizona ($67,023); Haines City ($65,975) and Leesburg ($52,880).
You need to earn $170,000+ to reside in Celina and Fulshear, the two fastest-growing Texas suburbs. The median household income is $170,894 in Celina and $187,035 in Fulshear.
Ranked from the highest to lowest five-year population change percentages, here’s what you need to earn annually to live in America’s 50 fastest-growing suburbs.
1. Fulshear, Texas
Total population (2019): 9,906
Total population (2024): 34,868
5-year population change (%): 252%
Median household income: $187,035
Average home value: $505,439
Total cost of living annually: $61,196
2. Celina, Texas
Total population (2019): 11,116
Total population (2024): 34,268
5-year population change (%): 208.3%
Median household income: $170,894
Average home value: $548,113
Total cost of living annually: $61,415
3. Wildwood, Florida
Total population (2019): 6,838
Total population (2024): 17,608
5-year population change (%): 157.5%
Median household income: $76,552
Average home value: $296,553
Total cost of living annually: $43,515
4. Princeton, Texas
Total population (2019): 10,846
Total population (2024): 25,229
5-year population change (%): 132.6%
Median household income: $105,200
Average home value: $295,687
Total cost of living annually: $44,463
5. Melissa, Texas
Total population (2019): 9,487
Total population (2024): 20,136
5-year population change (%): 112.3%
Median household income: $138,763
Average home value: $435,108
Total cost of living annually: $53,763
6. Mableton, Georgia
Total population (2019): 41,487
Total population (2024): 77,678
5-year population change (%): 87.2%
Median household income: $77,980
Average home value: $353,234
Total cost of living annually: $50,091
7. Manor, Texas
Total population (2019): 9,974
Total population (2024): 18,603
5-year population change (%): 86.5%
Median household income: $84,529
Average home value: $321,741
Total cost of living annually: $47,328
8. Anna, Texas
Total population (2019): 13,052
Total population (2024): 24,330
5-year population change (%): 86.4%
Median household income: $105,593
Average home value: $348,409
Total cost of living annually: $47,978
9. Hardeeville, South Carolina
Total population (2019): 6,064
Total population (2024): 10,871
5-year population change (%): 79.3%
Median household income: $78,365
Average home value: $425,094
Total cost of living annually: $51,613
10. Fate, Texas
Total population (2019): 12,787
Total population (2024): 22,884
5-year population change (%): 79%
Median household income: $132,752
Average home value: $359,914
Total cost of living annually: $50,776
11. Saratoga Springs, Utah
Total population (2019): 29,161
Total population (2024): 48,425
5-year population change (%): 66.1%
Median household income: $128,802
Average home value: $578,270
Total cost of living annually: $63,532
12. Eagle Mountain, Utah
Total population (2019): 32,412
Total population (2024): 53,290
5-year population change (%): 64.4%
Median household income: $113,648
Average home value: $515,263
Total cost of living annually: $59,768
13. Star, Idaho
Total population (2019): 9,115
Total population (2024): 14,745
5-year population change (%): 61.8%
Median household income: $97,936
Average home value: $580,582
Total cost of living annually: $62,968
14. Groveland, Florida
Total population (2019): 13,672
Total population (2024): 22,012
5-year population change (%): 61%
Median household income: $100,226
Average home value: $372,389
Total cost of living annually: $51,334
15. Lathrop, California
Total population (2019): 22,341
Total population (2024): 35,052
5-year population change (%): 56.9%
Median household income: $126,421
Average home value: $646,407
Total cost of living annually: $71,502
16. West Haven, Utah
Total population (2019): 13,782
Total population (2024): 21,563
5-year population change (%): 56.5%
Median household income: $101,012
Average home value: $568,087
Total cost of living annually: $61,536
17. Royse City, Texas
Total population (2019): 12,982
Total population (2024): 20,037
5-year population change (%): 54.3%
Median household income: $116,660
Average home value: $314,159
Total cost of living annually: $47,759
18. Centerton, Arkansas
Total population (2019): 14,203
Total population (2024): 21,920
5-year population change (%): 54.3%
Median household income: $115,713
Average home value: $349,130
Total cost of living annually: $46,343
19. Port Wentworth, Georgia
Total population (2019): 8,463
Total population (2024): 12,892
5-year population change (%): 52.3%
Median household income: $79,731
Average home value: $290,732
Total cost of living annually: $43,596
20. Buckeye, Arizona
Total population (2019): 69,744
Total population (2024): 104,923
5-year population change (%): 50.4%
Median household income: $99,486
Average home value: $396,581
Total cost of living annually: $52,615
21. Holly Springs, Georgia
Total population (2019): 12,509
Total population (2024): 18,627
5-year population change (%): 48.9%
Median household income: $113,992
Average home value: $434,553
Total cost of living annually: $56,045
22. Panama City Beach, Florida
Total population (2019): 12,751
Total population (2024): 18,971
5-year population change (%): 48.8%
Median household income: $80,941
Average home value: $424,061
Total cost of living annually: $52,936
23. Herriman, Utah
Total population (2019): 40,149
Total population (2024): 59,346
5-year population change (%): 47.8%
Median household income: $122,650
Average home value: $639,615
Total cost of living annually: $67,976
24. Forney, Texas
Total population (2019): 21,459
Total population (2024): 31,532
5-year population change (%): 46.9%
Median household income: $104,112
Average home value: $309,235
Total cost of living annually: $48,219
25. Haines City, Florida
Total population (2019): 24,164
Total population (2024): 34,234
5-year population change (%): 41.7%
Median household income: $65,975
Average home value: $299,727
Total cost of living annually: $45,124
26. Glenn Heights, Texas
Total population (2019): 12,802
Total population (2024): 18,096
5-year population change (%): 41.4%
Median household income: $81,718
Average home value: $328,266
Total cost of living annually: $48,706
27. Waukee, Iowa
Total population (2019): 20,785
Total population (2024): 29,236
5-year population change (%): 40.7%
Median household income: $101,029
Average home value: $360,788
Total cost of living annually: $47,473
28. Spring Hill, Tennessee
Total population (2019): 39,711
Total population (2024): 55,765
5-year population change (%): 40.4%
Median household income: $112,013
Average home value: $521,839
Total cost of living annually: $60,847
29. Bluffdale, Utah
Total population (2019): 13,403
Total population (2024): 18,797
5-year population change (%): 40.2%
Median household income: $129,531
Average home value: $675,143
Total cost of living annually: $70,116
30. Hutto, Texas
Total population (2019): 25,320
Total population (2024): 35,483
5-year population change (%): 40.1%
Median household income: $118,834
Average home value: $341,450
Total cost of living annually: $48,713
31. Kuna, Idaho
Total population (2019): 19,580
Total population (2024): 27,158
5-year population change (%): 38.7%
Median household income: $96,219
Average home value: $453,687
Total cost of living annually: $53,939
32. Perry, Georgia
Total population (2019): 16,595
Total population (2024): 23,001
5-year population change (%): 38.6%
Median household income: $76,909
Average home value: $272,158
Total cost of living annually: $41,798
33. Maricopa, Arizona
Total population (2019): 48,629
Total population (2024): 67,163
5-year population change (%): 38.1%
Median household income: $96,391
Average home value: $345,104
Total cost of living annually: $48,182
34. Westfield, Indiana
Total population (2019): 39,610
Total population (2024): 54,677
5-year population change (%): 38%
Median household income: $122,789
Average home value: $477,672
Total cost of living annually: $56,140
35. Leander, Texas
Total population (2019): 53,716
Total population (2024): 74,067
5-year population change (%): 37.9%
Median household income: $139,048
Average home value: $433,251
Total cost of living annually: $54,697
36. Leesburg, Florida
Total population (2019): 22,672
Total population (2024): 30,807
5-year population change (%): 35.9%
Median household income: $52,880
Average home value: $282,321
Total cost of living annually: $42,731
37. Lebanon, Tennessee
Total population (2019): 33,159
Total population (2024): 44,788
5-year population change (%): 35.1%
Median household income: $72,848
Average home value: $439,729
Total cost of living annually: $54,063
38. Greer, South Carolina
Total population (2019): 30,854
Total population (2024): 41,536
5-year population change (%): 34.6%
Median household income: $82,626
Average home value: $346,298
Total cost of living annually: $46,656
39. Red Oak, Texas
Total population (2019): 12,724
Total population (2024): 17,077
5-year population change (%): 34.2%
Median household income: $104,561
Average home value: $342,272
Total cost of living annually: $49,447
40. Goodyear, Arizona
Total population (2019): 80,371
Total population (2024): 107,645
5-year population change (%): 33.9%
Median household income: $103,319
Average home value: $470,145
Total cost of living annually: $57,301
41. Gulf Shores, Alabama
Total population (2019): 12,267
Total population (2024): 16,401
5-year population change (%): 33.7%
Median household income: $78,188
Average home value: $485,893
Total cost of living annually: $56,501
42. Clermont, Florida
Total population (2019): 35,209
Total population (2024): 46,853
5-year population change (%): 33.1%
Median household income: $82,306
Average home value: $432,235
Total cost of living annually: $55,115
43. Lehi, Utah
Total population (2019): 64,006
Total population (2024): 85,173
5-year population change (%): 33.1%
Median household income: $131,299
Average home value: $583,182
Total cost of living annually: $63,198
44. Kyle, Texas
Total population (2019): 42,706
Total population (2024): 56,823
5-year population change (%): 33.1%
Median household income: $90,323
Average home value: $301,838
Total cost of living annually: $46,714
45. Otsego, Minnesota
Total population (2019): 16,763
Total population (2024): 22,245
5-year population change (%): 32.7%
Median household income: $119,927
Average home value: $422,371
Total cost of living annually: $52,449
46. Midlothian, Texas
Total population (2019): 29,743
Total population (2024): 39,356
5-year population change (%): 32.3%
Median household income: $126,641
Average home value: $447,289
Total cost of living annually: $56,741
47. Hurricane, Utah
Total population (2019): 17,212
Total population (2024): 22,771
5-year population change (%): 32.3%
Median household income: $75,016
Average home value: $514,499
Total cost of living annually: $58,354
48. Doral, Florida
Total population (2019): 59,972
Total population (2024): 79,216
5-year population change (%): 32.1%
Median household income: $94,164
Average home value: $675,244
Total cost of living annually: $73,576
49. Coolidge, Arizona
Total population (2019): 12,685
Total population (2024): 16,636
5-year population change (%): 31.2%
Median household income: $67,023
Average home value: $272,141
Total cost of living annually: $42,210
50. Mebane, North Carolina
Total population (2019): 14,952
Total population (2024): 19,538
5-year population change (%): 30.7%
Median household income: $83,174
Average home value: $350,935
Total cost of living annually: $46,857
Methodology: MoneyLion defined suburbs as locations with at least 5,000 total households and not being a named city in the metropolitan area. Using the U.S. Census 2019 and 2024 ACS, the total population, population ages 65 and over, total households and median household income were all sourced. Only the locations with at least a 20% increase in total population from 2019 to 2024 were kept for this study. Cost-of-living indexes were sourced from Sperling's BestPlaces and national average expenditure costs for all households from the Bureau of Labor Statistics Consumer Expenditure Survey. The average home value was sourced from Zillow Home Value Index. Assuming a 10% down payment and using the national average 30-year fixed mortgage rate of 6.38%, as sourced from the Federal Reserve Economic Data on March 27, the average mortgage was calculated for each suburb. Using the average expenditure and mortgage costs, the total cost of living was calculated for each location. The suburbs were sorted to show the largest 5-year increase in total population. All data is up to date as of March 27, 2026.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal, or tax advice.
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