News Summary
A recent ranking has highlighted four Phoenix Metro suburbs as top contenders for affordable housing in the U.S. Maricopa, Buckeye, San Tan Valley, and Goodyear rank among the fastest-growing affordable suburbs, each maintaining home values under $500,000. With strong population growth rates and accessible home prices, these areas are attracting new residents. Additionally, Queen Creek was named Arizona’s fastest-growing town. This trend underscores the appeal of suburban living in the Phoenix area and the growing demand for affordable housing options.
Phoenix, Arizona – A recent national ranking has spotlighted the Phoenix Metro suburbs as notable contenders in the realm of affordable housing, with four communities making significant strides on the list of America’s fastest-growing affordable suburbs. According to the data gathered from Zillow and the U.S. Census Bureau, the suburbs of Maricopa, Buckeye, San Tan Valley, and Goodyear have earned high rankings due to their impressive growth rates and accessible home prices.
Maricopa, ranked at #9, Buckeye at #15, San Tan Valley at #16, and Goodyear at #26 are all recognized for maintaining home values below $500,000. These suburbs have shown strong population growth trends while providing affordability, making them attractive for new residents looking to settle in the Phoenix area.
While Texas has dominated the overall ranking with various suburbs achieving high growth rates, these four locations in the Phoenix Metro area stand out among the top 30 nationally. The recognition of such affordable options contributes to the broader conversation about housing availability in the U.S., particularly as families seek homes within reasonable price ranges.
In addition to the achievements of these four suburbs, Queen Creek has been highlighted as Arizona’s fastest-growing town, coming in at 23rd in the national rankings. The area has seen a growth spurt of approximately 8.1% from July 2023 to July 2024, adding around 6,286 new residents to its population. In the same vein, Casa Grande, another suburb located in Pinal County, ranked 27th nationally, with a population growth rate of about 7.7%, translating to approximately 4,900 people added to the community. This growth indicates a trend towards expanding suburban living, particularly in Arizona.
Notably, much of Arizona’s growth has been concentrated in less densely populated areas. However, certain cities in the East Valley, such as Fountain Hills, Chandler, and Tempe are experiencing minor population declines. Fountain Hills saw a slight decrease of about 0.1%, equivalent to 19 people, while Chandler reported a loss of approximately 312 residents. Tempe faced the most significant decline, with a reduction of about 0.3% or 537 people.
Despite these localized declines, the overall trend for Arizona remains positive, with nearly all cities reporting growth on average. This trend aligns with nationwide data, which indicates a general increase in population, especially in the southern and western U.S. regions. Notably, Princeton, Texas was recorded as the fastest-growing city in the U.S., while Washington, D.C. experienced a doubling of its population growth rate compared to the previous year.
The information gleaned from this study underlines the growing appeal and accessibility of suburban living in the Phoenix area, making it an attractive option for potential homebuyers looking for affordability coupled with rapid growth. As cities like Maricopa, Buckeye, San Tan Valley, and Goodyear continue to cultivate their appeal, they may continue to draw new residents seeking homes in dynamic, expanding communities.
Deeper Dive: News & Info About This Topic
HERE Resources
Phoenix Suburb Ranks as Second-Fastest Growing City in the U.S.
Phoenix Leads the Nation in Build-to-Rent Growth
Additional Resources
- AZ Big Media: Phoenix Suburbs
- Inc: Fastest Growing Companies in Phoenix
- HowStuffWorks: Fastest Growing Cities
- AZ Family: Queen Creek Growth
- Exploding Topics: Fastest Growing Cities
- Wikipedia: Phoenix, Arizona
- Google Search: Phoenix Arizona Growth
- Encyclopedia Britannica: Phoenix
Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
