AT A GLANCE
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Information from realestate.usnews.com
WHY INVEST IN GREENVILLE
As one of the biggest net inflow metro areas in 2020 Greenville has become a leader in today's economy. With the benefit of being located between two of the South's biggest hubs, Charlotte and Atlanta, Greenville offers not only a unique charm and energetic spirit but is uniquely located to provide a variety of industries to the area. Including some major Fortune 500 companies like GE, Lockheed, and 3M. Along with some of the state's finest hospitals and health facilities, Greenville is home to both Furman University and Bob Jones University. With an appealing and attractive workforce and low tax rates, Greenville is listed as one of the top cities for young adults by Forbes Magazine.
Offering everything from fine dining, live music, shopping, and art galleries it is no wonder Greenville has been named one of the best cities in the U.S. by National Geographic Traveler. With the natural beauty from the Blue Ridge Mountains Greenville offers lakes and rivers for fishing, kayaking, and swimming, or some of the countries most amazing hiking and biking trails. Greenville is an exciting market for any investor.
With a steady annual population increase year to year, Greenville saw a population growth of 3.44% increase In 2020 with an expectation of continued growth in future years.
Greenville real estate appreciated 70.32% over the last ten years, which is an average annual home appreciation rate of 7.02%.
Even with the craziness of Covid-19 in 2020, the unemployment rate was only 4.0% vs. the national average of 6.7%.
The job market in Greenville increased by 0.7% over the last year. Future job growth is expected to increase 39.8% over the next ten years, which is higher than the U.S. expected average of 33.5%.