Spring Hill, located approximately 35 miles south of Nashville, has claimed the title of the fastest-growing city in Tennessee, as per the most recent census data. Over the last eight years, the city has experienced an impressive surge in population, boasting a nearly 51% increase.
Alongside this demographic shift, Spring Hill has also witnessed notable economic development and maintained a high quality of life.
In this discussion, we will delve into the factors propelling Spring Hill’s growth, the obstacles it encounters, and its comparative standing with other cities in the state.
The Fastest Growing City in Tennessee
Spring Hill, located approximately 35 miles south of Nashville, has been recognized as the fastest-growing city in Tennessee, according to data from the U.S. Census Bureau.
The city has experienced a remarkable population surge of nearly 51% over the past eight years, rising from 29,036 residents in 2010 to 43,769 in 2018.
Several factors contribute to Spring Hill’s rapid growth, including its proximity to the state capital, a thriving and affordable housing market, a high quality of life, and robust economic development initiatives.
Home to major employers such as General Motors, Magna International, and Ryder System, Spring Hill has become a hub of economic activity.
Mayor Rick Graham acknowledges the city’s pride in its growth but is also mindful of the challenges it presents. He highlights ongoing efforts to enhance infrastructure, transportation, and public services while preserving the city’s unique identity and character.
“We are a city that is growing, but we are also a city that is planning,” Graham said. “We want to make sure that we grow in a smart and sustainable way, and that we maintain the quality of life that attracts people to Spring Hill in the first place.”
Spring Hill is not the sole Tennessee city undergoing rapid expansion. According to the U.S. Census Bureau, the state witnessed a 6.7% population surge from 2010 to 2020, ranking it as the 16th fastest-growing state in the nation.
Other urban centers experiencing notable population growth include Nashville, Murfreesboro, Clarksville, Franklin, and Mt. Juliet.
Governor Bill Lee of Tennessee attributes the state’s growth to its appeal and competitiveness. He emphasizes the state’s dedication to generating more opportunities and enhancing the well-being of its residents.
“Tennessee is a great place to live, work, and raise a family,” Lee said. “We are proud of our state’s progress and potential, and we are excited about our future.”
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How Has Spring Hill’s Economy Changed Over the Years?
Spring Hill has undergone significant economic transformations over the years, transitioning from a rural area with a sparse population to a rapidly growing city boasting a diverse economic foundation. Key changes include:
1. The median household income in Spring Hill increased by 5.79%, rising from $52,532 in 2020 to $55,573 in 2021. Additionally, the median property value experienced a notable 10.6% growth, reaching $179,600 in 2021.
2. In 2021, Spring Hill’s unemployment rate stood at 5.8%, which is lower than the national average of 6.0%. The job market also expanded by 2.4% over the past year.
3. From 2010 to 2020, Spring Hill’s population surged by 6.7%, establishing it as the fastest-growing city in Tennessee and the 16th fastest-growing state in the nation.
These shifts underscore Spring Hill’s evolution from a rural to an urban setting, highlighting its potential for continued growth and development in the future.
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Cost of Living in Spring Hill Compared to Nashville
The living expenses in Spring Hill are a bit above the national average but below those in Nashville. The primary distinction lies in housing costs, which are approximately 12% higher in Spring Hill compared to Nashville.
Nevertheless, Spring Hill boasts a lower crime rate, a higher median income, and an improved quality of life compared to Nashville. Consequently, for certain individuals, the higher cost of living in Spring Hill may be justifiable, depending on their preferences and requirements.
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Final Words
Spring Hill has undergone significant growth over the past decade, seeing increases in both population and economic development. Residents of the city enjoy various advantages, including a low crime rate, a high median income, and an overall high quality of life.
Nevertheless, Spring Hill grapples with certain challenges, such as the need to enhance its infrastructure, transportation, and public services.
Additionally, preserving the city’s unique identity and character is a priority. Spring Hill is actively planning for its future and is enthusiastic about the potential ahead.
References: stacker.com, iheart.com, datausa.io
