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A small southern town has become an unexpected hotspot for job seekers.
The New York Post reports that moving and storage company Move Buddha has crowned Summerville, South Carolina, as the nation’s “top jobs magnet district.”
The company’s analysis of search data from early 2024 through Oct. 1 showed a surge in interest in Summerville. Often overlooked in favor of larger metropolitan areas, the quaint town has quietly cultivated a thriving job market, attracting workers from all over the country.
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The factors contributing to Summerville’s popularity as a work destination are diverse. Its strategic location, affordable cost of living and growing economy have all contributed significantly to its appeal. The city’s strong sense of community, excellent schools and abundant recreational opportunities make it an attractive place for families and young professionals.
“Metro regions with robust job growth are fueling interest in nearby suburbs, with newcomers attracted by the opportunity to build both a stable career and a comfortable life,” the report said. ‘The American dream can take vastly different forms.
“Together they highlight a clear trend: as employment increases, so does the attractiveness of surrounding suburban areas.”
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Summerville is a magnet for new residents. The high in-to-out moving ratio, with approximately 3.76 people moving for every person leaving, is driving significant population growth. The surge in demand has led to a booming real estate market and a booming economy.
In just one year, 5,500 construction jobs have been added to the market, contributing to a total job growth of 80,000.
According to Move Buddha, the job market in Summerville, a city of just over 52,000 residents, grew 4.2% between August 2023 and August 2024. throughout the country.
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Despite the influx of residents, home prices in Summerville remain relatively affordable, with average home costs of $380,000. This is in stark contrast to more expensive tech hubs like Beverly Hills, California, where the median home price is well over $3 million and job growth is significantly lower at 1.6%.
“While many suburban moves are driven by remote work trends that enable a more affordable lifestyle in remote locations, many movers also view living near a robust job market as a real estate feature that can support them as they lose a remote job. “, the report said. “As a result, suburbs and small towns – especially those near jobs – remain popular.”
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This article Small-town charm and big-city jobs have families flocking to this southern suburb originally appeared on Benzinga.com
