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South Carolina sees a surge in its population in 2015

South Carolina's real estate market is on the climb, which is good news for anyone living in the state or looking for a home. People currently owning property in the state may find their homes starting to be worth more, too, as people from other states aim to move to the south. South Carolina has overtaken Alabama as the 23rd most populated state, showing how much people want to move into the state.

A Dec. 29 report discusses what that means for South Carolina as a state and for those living there. For one thing, more homes being built means a stronger economy and better work opportunities for construction teams, electricians and others. More residents in an area also increase tax incomes to the state and local governments, making it possible to afford better roads, schooling and so on. Cities will continue to grow, and the state, as a whole, will see increased income streams through taxation and spending in the local economies.

The Census Bureau has shown that South Carolina has more people moving into it than out, with around four-fifths of population gains coming from people moving into the state from other locations. The additional climb in population was thanks to a positive birth rate within the state's boundaries.

That change is actually uncommon; most states in the United States actually saw more people leaving the states than entering them, particularly when you consider the Midwestern and northeastern states. There's no direct reason for why that's the case, but for those in South Carolina, now is a good time to consider purchasing real estate at lower costs to sell while the need for homes grows and the number of people settling in well-developed areas.

Source: The Post and Courier, "S.C. overtakes Alabama to become the nation’s 23rd most populous state," David Slade, Dec. 29, 2015

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