With the Census Bureau reporting that the South and West held 13 of the 15 cities with the largest population gains between 2010 and 2019, the personal-finance website WalletHub today released its report on 2020’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. Fort Myers, FL | 506. Lawton, OK |
2. Bend, OR | 507. Metairie, LA |
3. Meridian, ID | 508. Parma, OH |
4. Milpitas, CA | 509. Jackson, MS |
5. Enterprise, NV | 510. Albany, GA |
6. Frisco, TX | 511. Decatur, IL |
7. Town 'n' Country, FL | 512. Shreveport, LA |
8. Round Rock, TX | 513. Anchorage, AK |
9. Mount Pleasant, SC | 514. Peoria, IL |
10. Nampa, ID | 515. Erie, PA |
Key Stats
- Enterprise, Nevada, experienced the highest population growth, at 8.14 percent. Conversely, East Los Angeles, California, experienced the highest population decrease, at 2.06 percent.
- Midland, Texas, experienced the highest growth in real GDP per capita, at 10.28 percent. Conversely, Lafayette, Louisiana, experienced the highest decrease in real GDP per capita, at 2.35 percent.
- San Mateo, California, experienced the highest household income increase, at 10.61 percent. Conversely, Pharr, Texas, experienced the highest household income decrease, at 1.74 percent.
- Frisco, Texas, experienced the highest job growth, at 6.74 percent. Conversely, Anchorage, Alaska, experienced the highest jobs decrease, at 1.22 percent.