A Look at the Fastest Growing Cities in 2019
From Wallet Hub:
“With the Census Bureau reporting that the South and West held 14 of the 15 cities with the largest population gains in 2018, the personal-finance website WalletHub today released its report on 2019’s Fastest-Growing Cities in America as well as accompanying videos.
“To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub compared 515 U.S. cities across 17 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, we produced a separate ranking by city size.
| Fastest-Growing Cities in America | Slowest-Growing Cities in America | |
| 1. Lehigh Acres, FL | 506. Portsmouth, VA | |
| 2. Mount Pleasant, SC | 507. Waterloo, IA | |
| 3. Bend, OR | 508. Anchorage, AK | |
| 4. Enterprise, NV | 509. Albany, GA | |
| 5. Frisco, TX | 510. Springfield, IL | |
| 6. Fort Myers, FL | 511. Decatur, IL | |
| 7. Meridian, ID | 512. Davenport, IA | |
| 8. St. George, UT | 513. Erie, PA | |
| 9. Cape Coral, FL | 514. Canton, OH | |
| 10. Round Rock, TX | 515. Shreveport, LA |
Kevin Price, Host of the Price of Business show and Editor at Large at USA Daily Times asked friends of the show their view on these numbers.
Randy Hilton, who lives in the Dallas/Fort Worth area wrote “Since Texas sprawls more than some areas it might be more accurate to consider fastest growing counties or regions rather than just cities. Here in North Central Texas (Fort Worth and surrounding bergs like Frisco and that D city etc.) we’re growing like crazy.
“I hear that much of the growth is California flight but the most accurate info would come from the real estate sales force.
“U-Haul one way truck rental prices will also be a good indicator of which cities are growing the fastest. The broader the gap between leaving one city to go to another, the more acute the growth or decline.”
Bob Stewart wrote “I live in central New York. I’m surprised to not see any city up here not listed.” When asked to clarify he wrote “People are leaving the state in droves. I meant the bottom of the list.”
Mike Fleharty wrote “I’m near Cleveland Ohio. No fast growing cities on this list that I’m near but about an hour or so from Canton and it has no effect on me.”
Meanwhile Mary Ann Faremouth (who is also a regular on the Price of Business show) wrote “Frisco, TX is #5 on list – I live in Houston – Could be open land available for development and or Tax Breaks/Grants, climate, etc.” That is a sentiment advocated by little Chamber of Commerce organizations thorough out the state. However, with the explosive growth in the state, that may become a reality in the near future. In the continued look at Texas, and Fisco, Texas in particular, Deena Blades wrote “Frisco and round Rock Texas- wow!” She lives in Llano.
“Key Stats
- Enterprise, Nevada, experienced the highest population growth, at 7.40 percent. Conversely, Albany, Georgia, experienced the highest population decrease, at 1.59 percent.
- Milpitas, Santa Clara, Sunnyvale, San Jose and Mountain View, California, experienced the highest growth in real GDP per capita, at 6.41 percent. Conversely, Lafayette, Louisiana, experienced the highest decrease in real GDP per capita, at 5.76 percent.
- Vista, California, experienced the highest household income increase, at 11.63 percent. Conversely, Las Cruces, New Mexico, experienced the highest household income decrease, at 2.16 percent.
- Frisco, Texas, experienced the highest job growth, at 6.88 percent. Conversely, Peoria, Illinois, experienced the highest jobs decrease, at 1.12 percent.
To view the full report and your city’s rank, please visit:
https://wallethub.com/edu/fastest-growing-cities/7010/
