20 Fastest Growing U.S. Cities in 2016

As we inch ever-so-slowly towards the November 8 election, it’s easy to get bogged down by claims that our great nation’s economy is in free-fall. But in reality, cities across the United States are experiencing positive signs of economic growth, determined through factors including population growth and falling unemployment rates.

Analyzing 515 cities of varying sizes 2009 to 2015, Wallethub compiled a list of 2016’s fastest growing cities. The personal finance site use 14 key sociodemographic and economic factors, including increased numbers of businesses and startups, growth in regional GDP per capita and an increased ratio of full-time to part-time jobs. 

20 Fastest Growing Cities of 2016:

  1. Frisco, TX
  2. League City, TX
  3. Lehigh Acres, FL
  4. Kent, WA
  5. Surprise, AZ
  6. Meridian, ID
  7. Midland, TX
  8. McKinney, TX
  9. Concord, NC
  10. Bryan, TX
  11. Elk Grove, CA
  12. Odessa, TX
  13. Fargo, ND
  14. Fort Myers, FL
  15. College Station, TX
  16. Brandon, FL
  17. Miramar, FL
  18. Mission, TX
  19. Pearland, TX
  20. Saint George, UT

According to Wallethub, much of the country’s economic growth is concentrated in cities on the West Coast (particularly California), Texas, Florida, and along the eastern seaboard. 

If you’re considering a move to a city with more than 300,000 people, the personal finance site ranks Austin, Texas, Bakersfield, Calif., Charlotte, N.C., Denver, Colo. and Aurora, Colo. among the largest cities with the highest growth. According to the data, large cities to avoid include Memphis Tenn., St. Louis, Mo., Cleveland, Ohio, Atlanta, Ga., and Detroit, Mich.

On the flip side, if you’re looking for a small city with high growth, Wallethub suggests checking out League City, TX, Meridian, Idaho, Concord, N.C., Bryan, Texas and Fort Myers, Fla. Stay away from Flint. Mich. and Jacksonville, N.C., among other cities.

Find out where your city ranks at WalletHub.

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