More People Are Moving to Wake County, Triangle Region
According to new data from the U.S. Census Bureau, suburban communities in Wake County have been some of the fastest growing municipalities in all of North Carolina over the last six years, which can only mean good things for the Triangle area housing market in the foreseeable future.
Thanks to a thriving job market and the Triangle also being the home to a number of major universities, it’s hardly a surprise to see such tremendous growth in and around the region. But with six of North Carolina’s 10-fastest growing cities since 2010 now located in Wake County, even locals who are completely familiar with the area have to be just a little surprised at how quickly Wake County seems to be developing.
Rolesville, Wake County’s smallest town, has seen the highest population increase, spiking by roughly 82% since 2010 to a now-estimated population of just under 7,000. The other five towns rapidly-growing towns in Wake County—Fuquay-Varina, Holly Springs, Wake Forest, Morrisville, and Knightdale—have also all seen a population growth by at least 28% during that same timeframe.
As for nearby Raleigh and Durham, population numbers are also on the rise as well, with the same report showing Raleigh’s population jumping by 13% between 2010 and 2016, and Durham’s by 14.7%. The city of Cary also saw a substantial spike, increasing 18.5% to 162,320, while Chapel Hill and Hillsborough saw much more modest gains of 3.1% and 6.7%.