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Informational News Blog by Angie Adams. I'd appreciate your Comments!

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Lower Property Taxes spur Growth in York County

As most of us know, York County's growth rate blew past 5 percent between 2006 and 2007. It has grown faster than any other county in the state according to 2007 Census estimates released this week. And this despite the national housing market collapse and a sluggish economy that has cooled, and in some cases reversed growth in many South Carolina counties. It's an indication of the Carolinas' continued growth, especially in the Charlotte area. is a dynamic, growing metro area, and we're getting the bleed-over from it. It signifies that the economy here is good and we're going to be one of the areas in the country to see that kind of growth.

York County's 5.2 percent growth rate was up from 4.8 percent between 2005 and 2006, a rate that ranked as S.C.'s fourth-fastest that year.

According to Census estimates, all major cities and towns in the Charlotte region grew between July 2006 and July 2007. Fort Mill's population even jumped 7 percent, ranking it second in the state to Bluffton's 10 percent leap. Four other York County municipalities joined Fort Mill among S.C.'s 10 fastest-growing cities -- Clover, Smyrna and Rock Hill.

The Census Bureau distinguishes between growth rate and numbers of people. Charlotte, for example, grew by only 3 percent. But it gained an estimated 17,471 people, ranking it ninth among U.S. cities in the number of new residents.

Also see www.AngiesWeb.com

 

Published Tuesday, July 15, 2008 8:07 AM by Angie Adams NC/SC REALTOR® Broker

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