2020’s Fastest-Growing Cities in America – WalletHub Study

10/13/20

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 AmericaSlowest-Growing Cities in America
1. Fort Myers, FL506. Lawton, OK
2. Bend, OR507. Metairie, LA
3. Meridian, ID508. Parma, OH
4. Milpitas, CA509. Jackson, MS
5. Enterprise, NV510. Albany, GA
6. Frisco, TX511. Decatur, IL
7. Town 'n' Country, FL512. Shreveport, LA
8. Round Rock, TX513. Anchorage, AK
9. Mount Pleasant, SC514. Peoria, IL
10. Nampa, ID515. 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.


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