Living in the suburbs is typically a lot cheaper than residing in the city proper. You can cut costs while still enjoying a comfortable lifestyle. GOBankingRates conducted a study to find the 50 fastest-growing suburbs in America and how much income each metro area requires. Among those were 19 East Coast suburbs.
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Some of the apparent population growth is a result of the U.S. Census Bureau redefining some Census Designated Places. All boundary data is based on 2023. See more about the methodology at the end of this gallery.
Also see the wealthiest suburbs in America.
Fort Mill, South Carolina
Population increase %: 77.6%
Income needed to live comfortably: $121,572
Household median income: $127,537
Total cost of living annually: $60,786
Average home value: $527,953
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Groveland, Florida
Population increase %: 65.4%
Income needed to live comfortably: $105,272
Household median income: $92,258
Total cost of living annually: $52,636
Average home value: $380,076
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Waxhaw, North Carolina
Population increase %: 49.9%
Income needed to live comfortably: $134,366
Household median income: $128,115
Total cost of living annually: $67,183
Average home value: $604,211
Apollo Beach, Florida
Population increase %: 45.7%
Income needed to live comfortably: $116,973
Household median income: $113,130
Total cost of living annually: $58,487
Average home value: $463,947
Apex, North Carolina
Population increase %: 40.4%
Income needed to live comfortably: $132,730
Household median income: $138,442
Total cost of living annually: $66,365
Average home value: $612,709
Mooresville, North Carolina
Population increase %: 38.4%
Income needed to live comfortably: $116,267
Household median income: $88,592
Total cost of living annually: $58,133
Average home value: $473,259
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Clayton, North Carolina
Population increase %: 38%
Income needed to live comfortably: $97,195
Household median income: $73,348
Total cost of living annually: $48,598
Average home value: $364,940
Sun City Center, Florida
Population increase %: 35.4%
Income needed to live comfortably: $97,515
Household median income: $71,012
Total cost of living annually: $48,757
Average home value: $330,225
Clermont, Florida
Population increase %: 34.2%
Income needed to live comfortably: $111,951
Household median income: $79,789
Total cost of living annually: $55,975
Average home value: $431,786
Doral, Florida
Population increase %: 31.3%
Income needed to live comfortably: $152,479
Household median income: $88,474
Total cost of living annually: $76,239
Average home value: $693,544
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Wesley Chapel, Florida
Population increase %: 30.7%
Income needed to live comfortably: $109,419
Household median income: $107,004
Total cost of living annually: $54,709
Average home value: $420,097
Holly Springs, North Carolina
Population increase %: 30.3%
Income needed to live comfortably: $128,187
Household median income: $132,435
Total cost of living annually: $64,093
Average home value: $578,214
Union City, Georgia
Population increase %: 30.3%
Income needed to live comfortably: $86,409
Household median income: $47,635
Total cost of living annually: $43,205
Average home value: $248,507
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Ruskin, Florida
Population increase %: 28.1%
Income needed to live comfortably: $97,402
Household median income: $76,402
Total cost of living annually: $48,701
Average home value: $331,571
Leesburg, Florida
Population increase %: 28%
Income needed to live comfortably: $87,863
Household median income: $47,506
Total cost of living annually: $43,932
Average home value: $291,225
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Elkridge, Maryland
Population increase %: 27.6%
Income needed to live comfortably: $119,076
Household median income: $135,412
Total cost of living annually: $59,538
Average home value: $494,247
Canton, Georgia
Population increase %: 27.5%
Income needed to live comfortably: $123,056
Household median income: $81,642
Total cost of living annually: $61,528
Average home value: $506,325
Wake Forest, North Carolina
Population increase %: 27.5%
Income needed to live comfortably: $120,895
Household median income: $120,777
Total cost of living annually: $60,448
Average home value: $519,208
Saint Cloud, Florida
Population increase %: 26.2%
Income needed to live comfortably: $108,487
Household median income: $76,196
Total cost of living annually: $54,243
Average home value: $405,506
Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.
Methodology: For this study, GOBankingRates found suburbs with 2023 populations between 20,000 and 100,000. Metro areas with at least 1 million people were kept for this study. GOBankingRates then found total population for 2023, total population for 2018 and household median income from the U.S. Census American Community Survey. The percentage change in population from 2018 to 2023 was then calculated. The highest percentage changes were selected to represent the fastest-growing suburbs. The cost of living was sourced from Sperling’s BestPlaces and include the grocery, healthcare, housing, utilities, transportation and miscellaneous indexes. Using data fom the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location was calculated. The average home value was sourced from Zillow Home Value Index for February 2025 and average mortgage was calculated using Federal Reserve Economic Data. Cost of living then was calculated. All data was collected on and is up to date as of March 24, 2025.
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This article originally appeared on GOBankingRates.com: Want To Live in One of These Exploding East Coast Suburbs? Here’s the Salary You Need
