c-RTX10RB8-Gary Cameron

For the first time in six years, US suburbs are growing faster than cities

0.89%

The growth rate of suburbs in the US was 0.89% in 2016, compared to 0.82% in cities.

Published   |  Photo by Reuters/Gary Cameron
c-RTX10RB8-Gary Cameron
0.89%

This is the first time in six years that suburbs are growing faster than cities.

c-RTX10RB8-Gary Cameron
0.89%

With the economy doing better, young people are able to afford pricier suburban homes.

c-RTR2YNN3-Mike Blake

Reuters/Mike Blake

c-RTX10RB8-Gary Cameron
0.89%

They are also being scared away by the high prices they find in major cities in the US.

c-RTX10RB8-Gary Cameron
0.89%

The number of large cities with declining populations jumped from five in 2012 to 14 in 2016.

Published

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