News Summary
Woodruff, South Carolina experienced a significant population growth of 10.4% from 2023 to 2024, making it the second fastest-growing city in the state. This surge is largely attributed to new housing developments and industrial investments, including a BMW electric vehicle battery plant. The Upstate region is also witnessing notable growth, with several cities capitalizing on affordable housing and lifestyle options, contributing to South Carolina’s position as one of the states with the highest population growth rates in the country.
Woodruff, South Carolina is experiencing significant population growth, with a recorded increase of approximately 10.4% from 2023 to 2024. This remarkable surge makes it the second fastest-growing city in South Carolina, trailing only Hardeeville. The most recent estimates put Woodruff’s population at 5,072, representing a gain of 854 residents since the 2020 Census.
This growth is being fueled primarily by a combination of extensive new housing construction and substantial industrial investments totaling nearly $1 billion. Key contributors to this economic boom include the establishment of a new BMW electric vehicle battery plant and the headquarters of a global cooling solutions provider, which have both chosen Woodruff as their operational base.
Woodruff is not alone in this trend; the Upstate region of South Carolina is witnessing a broader population surge, with several municipalities earning spots among the state’s fastest-growing cities. Mauldin, ranked as the seventh fastest-growing city, experienced a population growth of 5.8%, while Fountain Inn, in eighth place, saw an increase of 5.7%. Greer, located conveniently between Greenville and Spartanburg, ranks twelfth and has transformed into an industrial hub, thanks to its rail yard connection to the Port of Charleston.
While Woodruff leads the charge, the entire region benefits from relatively affordable housing compared to other major U.S. cities, coupled with recreational opportunities stemming from the nearby Blue Ridge Mountains and lakes. The Greenville-Spartanburg area, in particular, saw a net migration rate that more than doubled during the COVID-19 pandemic, as more individuals and families sought out the Upstate’s livability.
Census data reveals that municipalities across the South, including many in South Carolina, are observing the highest population growth rates in 2024. A total of 61 cities in the state recorded double-digit growth, placing South Carolina fourth nationally for population growth rates, following Florida, Texas, and Utah.
Greenville, the most populous city within the Upstate, has experienced a modest growth rate of 1.4%, bringing its population to over 570,000 residents. The ongoing residential development reflects a growing demand in housing, exemplified by the median home price in Greenville County, which was approximately $350,000 in February 2025. In desirable neighborhoods, home prices often exceed $1 million, reflecting competitive property listings that contribute to the rising prices.
Spartanburg County’s metro area has also emerged notably, ranking as the tenth fastest-growing region in the nation between July 2023 and July 2024. Communities like Inman, Landrum, Lyman, Moore, Wellford, and Woodruff are among those experiencing remarkable growth within the county.
Additionally, areas surrounding Clemson University, often referred to as the “Golden Corner,” remain stable as rural homes and lakeside properties attract a diverse range of buyers. Despite fluctuations in national economic conditions, South Carolina’s real estate market continues to show resilience, indicating a robust ongoing interest in property within the Upstate region.
In summary, the rapid population and industrial growth in Woodruff, along with the wider Upstate area, illustrates a dynamic landscape of opportunity in South Carolina. With a combination of industrial investments, affordable housing, and attractive lifestyle options, it is clear why this region is becoming a preferred destination for new residents and businesses alike.
Deeper Dive: News & Info About This Topic
HERE Resources
AIRSYS Cooling Technologies Establishes New Headquarters in Woodruff
AIRSYS Cooling Technologies Announces New Headquarters in Woodruff
BMW Spartanburg Marks 7 Millionth Vehicle Completion
Traffic Trouble in Spartanburg: I-85 Widening Project on Hold
BMW’s Spartanburg Plant Leads U.S. in Automotive Exports
Luck Cos. Announces $450 Million Investment in South Carolina
Additional Resources
- Post and Courier: Upstate SC Economic & Population Growth
- Wikipedia: Population Growth
- The State: South Carolina Population Growth
- Google Search: South Carolina Economic Growth
- Post and Courier: Fastest Growing SC Cities
- Encyclopedia Britannica: Economic Growth
- Stacker: Fastest Growing Home Prices in SC
- Google News: South Carolina Fastest Growing Cities
