Since 1990, our population here in Brunswick County has more than doubled from 50,985 to 112,257 in 2012. The area is actually the second fastest growing county in all of North Carolina. The Brunswick County Economic Development Commission cites a growth rate of 47% over the past 12 years. In fact, the U.S. Census Bureau lists our county as one of the 100 fastest growing in the nation. These are all good signs for Brunswick residents and business owners as the area was able to quickly bounce back from the recent recession and then continue to surge onward. The coastal setting, low tax rates and high quality of life here help to ensure that our area will continue with this positive trend.
Non-Stop Business Development
With over 2,500 acres of industrial zoned land for companies to build on, it’s no surprise that Brunswick County continues to grow so rapidly. There are even talks about dropping building permits and inspection rates as low as $1 a piece. As businesses continue to grow in the county, the population is increasing at a growth rate that is much higher than the state average.
Brunswick County is Now THE Fastest Growing – 2014 Update
The U.S. Census Bureau reports that our county is now the fastest growing in North Carolina and ranks as 47th-fastest growing county in the US. “The figures reflect continued interest in Brunswick County as a desirable location to live, work and visit,” stated Mike Hargett, Director of Planning and Community Development. “Based on the increasing level of development activity, this positive trend is expected to continue.” On the average Brunswick County’s population has had a yearly growth rate of 2.8 percent, that’s roughly over 3,000 new locals moving here annually. This provides a positive indication that existing homeowners will continue to see their property values increase while home developers will likely further invest in what is clearly a popular real estate market.
New Master-planned Development in the Works
A group of developers are preparing to break ground on a 2,114 acre mixed-use development that is aimed to accommodate the growing baby boomer population in Brunswick County. The development will have up to 2,250 living units set up as either single-family or multi-family homes.
The planned location would be near the intersection of N.C. Highway 211 and Midway Road and be mostly in the Oak Island zoning jurisdiction. The name for the project is “The Charles” and homes would start at around $250,000. The development will include more than just dwellings as there will also be retail spaces, offices, medical centers, and special residential units for those over the age of 55. There are also plans to get a continuing care retirement community designation from the North Carolina Department of Insurance. Click here to read more about this story.