Cities to watch: 2016’s fastest-growing places
JERSEY CITY, N.J. – March 21, 2016 – After being overthrown last year by Houston, Austin regains the No. 1 spot as the fastest-growing city in the U.S., according to a new analysis by Forbes. Adding to its allure, Austin boasts booming technology, pharmaceutical and biotech industries as well as low-cost of living.
Forbes.com compiled its annual list of America's Fastest-Growing Cities by ranking the 100 largest metro areas and their surrounding suburbs. For its rankings, they factor in population growth for 2015 and 2016, year-over-year job growth for 2015, the metro's economic growth rate, unemployment, and median annual pay for college-educated workers in the area.
The following cities topped Forbes' list as the fastest-growing populations and economies (included below with each city's population growth for 2015 and projected growth rate for 2016):
1. Austin, Texas
2. San Francisco, Calif.
3. Dallas, Texas
4. Seattle, Wash.
5. Salt Lake City, Utah
6. Ogden, Utah
7. Orlando, Fla.
8. San Jose, Calif.
9. Raleigh, N.C.
10. Cape Coral, Fla.
Source: "America's Fastest-Growing Cities 2016," Forbes.com (March 8, 2016)"
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