Business Week recently published an article of the areas that grew the most during the Housing “Boom”. They measured household growth from 2000 - 2008 as well as from 2007-2008. Also included was income growth, rise of new neighborhoods and the average length of residence during the same 8-year period. Fourth on the list was: Spring Hill, Tennessee. While the cities in this article are highlighted for their growth during that 8 year period, it acknowledges that with the economic downturn that these areas are also feeling the new reality of lowering values and unemployment. it is uncertain how any of these areas will do from this point, but let’s see how our state’s rank scored.

Boomtown: Spring Hill
Household growth (2000-08): 157%
Household income growth (2000-08): 54%
Home value: $201,000

Spring Hill, 30 miles south of Nashville, expanded as growth in Nashville spilled over into neighboring suburbs. Spring Hill area households grew 157% from 2000 to 2008, to 10,707. The average income jumped 54% during that period, to $95,689 in 2008.

The top ten fastest growing communities in the report were:

1. Summerlin South, Nev., 618 percent
2. Katy, Texas, 168 percent
3. Wentzville, Mo., 160 percent
4. Spring Hill, Tenn., 157 percent
5. South Carolina, 156 percent
6. Brighton, Colo., 153 percent
7. Wesley Chapel, Fla., 151 percent
8. Lehi, Utah, 110 percent
9. Canton, Ga., 99 percent
10. Oswego, Ill., 98 percent