Kileen, Texas, is the most affordable fast-growing city in America, according to a Dec. 14 report from personal finance website GoBankingRates.
GoBankingRates identified the 200 largest cities from the latest American Community Survey from the U.S. Census Bureau. The website then analyzed these cities in terms of population changes, median household income, average rent, average home values and overall cost of living.
Here are the 10 most affordable fast-growing cities in the country, as ranked by GoBankingRates:
1. Kileen, Texas
Five-year growth percentage: 9.4%
Typical home value: $225,885
2. Sioux Falls, S.D.
Five-year growth percentage: 13.5%
Typical home value: $311,981
3. Clarksville, Tenn.
Five-year growth percentage: 13.6%
Typical home value: $295,087
4. Oklahoma City
Five-year growth percentage: 8.3%
Typical home value: $194,726
5. Lubbock, Texas
Five-year growth percentage: 4.4%
Typical home value: $204,490
6. Huntsville, Ala.
Five-year growth percentage: 12.9%
Typical home value: $278,772
7. Kansas City, Mo.
Five-year growth percentage: 6.1%
Typical home value: $223,152
8. Greensboro, N.C.
Five-year growth percentage: 3.9%
Typical home value: $250,260
9. Gainesville, Fla.
Five-year growth percentage: 10.1%
Typical home value: $305,388
10. Winston-Salem, N.C.
Five-year growth percentage: 3.9%
Typical home value: $238,981