Personal finance site GoBankingRates is out with a list of the most explosive towns in the U.S. — meaning those that are expanding the fastest in terms of business and population growth.

The 2023 list details the biggest "boomtowns" in each state.

To come up with the list, the site looked at one-, five-, and eight-year changes in population, as well as occupied and owner-occupied units.

Eligible cities are those with a population of more than 25,000 but less than 500,000.

Getting the nod in New Jersey, perhaps unsurprisingly based on the latest Census results, is Lakewood.

Google Earth
Google Earth

The Ocean County township recorded a population increase of more than 45% over a decade. That growth was the highest in the state recorded in the 2020 Census if you exclude two golf course/country clubs in Camden County that are their own municipalities.

Canva illustration
Canva illustration

LOOK: Famous actors from New Jersey

Stacker compiled a list of famous actors born in New Jersey from IMDb.

Up or down? Average property tax changes in NJ in 2022

Below are the average property tax bills for every municipality in New Jersey last year.

The towns are listed from the biggest cut in the average bill to the highest increase. On the county maps, the deeper red color means a higher increase above 2% whereas the darker green signifies a smaller increase or a reduction.

Each listing also shows how the average tax bill is split among the county, school and municipal governments.

Dino Flammia is a reporter for New Jersey 101.5. You can reach him at

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