35 Fastest-Growing Cities in America

Published on June 22, 2023 at 8:12 am by Insider Monkey Staff in Lists, News

In this article, we will take a look at the 35 fastest-growing cities in America. You can skip our detailed analysis of these American cities, and go directly to the 5 Fastest-Growing Cities in America.

Increased urbanization has always signified the development and growth of a particular country. It sheds importance on the potential of the city, especially it’s economy and the level of development in terms of housing and working opportunities. When we talk about large, metropolitan cities, economic cultural hubs like New York or California come to mind but over the years, other areas in America, notably Texas and the mountain region are taking over and are called, what is now known as the ‘biggest boomtowns’ in America.

In the tale as old as time, humans no matter what era they might be from, have preferred an area or a city, that had all the amenities for a quality life. However, the definition of these amenities may have changed over the years. Today, people judge a city not only by the economic and financial opportunities it offers but by factors like whether the city has a thriving social life, the level of gender equality, or the education system. This fact has only been enunciated by the fact that Texas, the state which has seen exponential growth, is not only popular for the recent economic boom but also for its strong community life and the famous southern charm. Consequently, cities, nowadays are being judged on a variety of factors including the socio-political condition of the area.

Our Methodology

Many different factors were looked at when choosing a particular city, the main one, however, was the population growth rate, which was obtained through a comparison of the data from 2010 census to that of 2019. All of the cities mentioned have a population of over 50,000 and are arranged from fastest-growing to the top ten, in descending order based on the population growth rate. Moreover, in our article, the information and statistics given were taken from notable sources, namely the 2019 US census data, With this context in mind, let’s now discuss the 35 fastest growing cities in America.

35. El Paso, Texa

Population Growth: 4.5%
2020 population: 678,815

Ranking 5 in the nation as having the largest proportion of the Hispanic population, El Paso is located across the Mexico- united states border. This city not only has a population growth rate of 4.5% but is known for having a strong military presence and is considered one of the safest cities in America. Not only this, it has a diverse economy with its strong areas being global trade, tourism and oil, and gas.

It also has offices of over more than 70 Fortune Five hundred companies and is home to one. With a 75% household income growth rate, safe environment, cheaper cost of owning a home, and stable educational and health care system El Paso most certainly makes it to our list as one of the fastest-growing cities in America.

34. Provo, Utah

Population Growth Rate: 3.65%
Average Home Cost: $306,900

The second city to make it to our list is Provo Utah. It is the third-largest city in the state of Utah. The Census Bureau also ranked Provo 10th in the national percentage of growth in the Metro area from 2010 to 2018. With its rich history, Utah is certainly a tourist attraction, as America’s Freedom Festival is also held here. The festival is also one of the largest Independence Day celebrations in the United States of America. This city has a population growth rate of 3.65% and the average cost of a house is $306,900. Not only this, with recognized medical centers such as the Utah valley medical center, a well-connected transportation system, and a growing economy and job market, one can see why Provo has seen an increase in its population and overall business activity.

33. Fort Myers, Florida

Population Growth Rate: 5.30%
Average Home Cost: $277,900

Part of Lee County, Florida, Fort Myers is a tourist favorite destination. It is also ranked the highest for socio-demographics and has experienced exponential growth in the market for jobs and the economy. Not only this, there has been a significant decrease in the poverty rate of the city and an overall increase in the level of investments that have made this city into a business hub. With a population growth of 5.30% and the cost of a house adding up to $277,900, Fort Myers is considered a retirement haven. Famous for its vibrant architecture, lower housing costs in comparison to the rest of Florida, and the growing economy, one can see why the city is among the fastest-growing areas in the United States

32. Des Moines, Iowa

Population Growth Rate :4.9%

Average Home Cost: 173,847

Referred to as the city of monks, Des Moines is a major player in the US insurance industry. Not only this, with a median household income of $46, 430 and the average home cost amounting to $173,847, this city is considered a very suitable place to live in especially with its scenic beauty and a buzzing downtown. It is also hailed as a cultural center for Iowa with several notable museums and performing arts groups.

31. McAllen, Texas

Population Growth Rate: 8.9%
Average Home Cost: 187,486

Located in Hidalgo County, McAllen is known for emerging as a major international trade area. Coupled with a rich history and improved living and housing standards, McAllen has a population growth rate indicating its potential for growth especially with a lower cost of housing and the growing business industry.

30. Ogden, Utah

Population Growth Rate: 5.9%
Average Home Cost: $331,097

Serving as a major railway link in the past, Ogden still plays an important function serving as a convenient location for manufacturing and transportation of industrial goods. The city has a population growth rate of 5.9%. It was also rated as the 6th best place to raise a family by Forbes, back in 2010. Ogden is considered an economic epicenter for the northern part of the state and coupled with comparatively lower housing costs amounting to $331,097 and a strong sense of community, one can see why many have chosen Ogden as their home in recent years.

29. Houston, Texas

Population Growth Rate: 10.3%
Average Home Cost: 226,925

The fifth-most populous metropolitan statistical area in the US, Houston has become a global city with its culture-rich environment and a strong industrial base. With a population growth rate of 10.3%, the city is also the most racially and ethnically diverse major metropolitan area. Not only this, the cost of buying a house is $226,925, which has significantly impacted its growth as many people want to live in a city that has cheaper housing, a great environment, and a strong sense of community.

28. San Antonio, Texas

Population Growth Rate:16.7%
Average Home Cost: $:$221,886

Known as the seventh most populous city of the United States, San Antonio as the name suggests was founded as a Spanish mission and has a rich heritage. It has been considered among the rapidly growing cities in the US from 2000 to 2010 and is still reaching new heights. With a population growth rate of 16.7%, San Antonio is home to many industries including military, health care, oil, and gas.

It also serves as a headquarters for four major fortune five hundred companies. Not only this, with tourist favorite places like the ‘River Walk’, San Antonio is certainly joining the ranks of up and incoming cities in the United States especially after the growth it has seen in terms of the job market, the low cost of housing as the average cost of the house is around $221,886 and the overall population increase.

27. Conroe, Texas

Population Growth Rate:39.3%
Average Home Cost: $266,965

Bordered by Lake Conroe, with a population of 88,930, Conroe is the fastest growing city because of the countless opportunities that it has namely; its location, the education system, housing options, and scenic downtown. With a population growth rate of 39.9%, Conroe has a bright future.

26. Murfreesboro, Tennessee

Population Growth Rate: 34.6%

Average Home Cost: $308,762

With a growth rate of 34.6%, Murfreesboro is the sixth-largest city in the state of Tennessee. This historic town, known for its historical landmarks and a thriving music scene has a population growth rate of 34.6%. It also ranked 20 in the Times magazines ‘best places to live in America’ in 2018. The city with its excellent education system, strong community life, and southern charm has in recent years appealed to many due to its closeness with Nashville but the thriving job market.

25. Orlando, Florida

Population Growth Rate: 20.4%
Average Home Cost: $308,222

Nicknamed as ‘the city beautiful’, Orlando is one of the most visited cities in the world particularly because of two main tourist destinations namely the Walt Disney Resort and the Universal Orlando Resort. Not only this, Orlando is a known center for innovative technological and digital design with a population growth rate of 20.4%. It also saw a 30% increase in its population from 2018 to 2019, and it has grown ever since as this city has its own allure, not only as a beautiful place to live in but also for its growing economy.

24. Nashville, Tennessee

Population Growth Rate: 20.9%
Average Home Cost: $357,465

The fifth city to make it to our list is the most populous city of the state of Tennessee, Nashville with a population growth rate of 20.9%, and the cost of house rounding off to $357,465, is a major center for the music industry especially the country genre. Housing many music colleges and known universities, Nashville is an attraction to not only upcoming singers but music producers and executives as well.

Due to its expansive educational system, it is sometimes known as the Athens of the south. Not only this, Nashville is known for being a major industrial epicenter including banking, transportation, and technology. Hence, we can see why Nashville has seen a sharp increase in its population as people are likely to move to a city with not only a stable job market but also better and slightly less expensive housing opportunities.

23. Salt Lake City, Utah

Population Growth Rate:7.6%
Average Home Cost: $392,200

The most populous city of the state of Utah, Salt lake city is regarded as a metropolitan area. Possessing a rich history, this city has strengthened its place as a favorite tourist destination due to its skiing resort and outdoor recreation. It also hosted the 2002 winter Olympics. Not only this, the city has been steadily growing in terms of its economy after the mining boom and presently, is home to several high tech firms and two Fortune five hundred companies.

With a median household income of $60,676 and a relatively low home cost of $392, 200, one can imagine the allure of this city, especially when taking into consideration the stability in terms of the jobs being created and the overall quality of life.

22. Charleston, South Carolina

Population Growth Rate:14.3%
Average Home Cost: $411,471

Charleston, known for its rich tourism industry, was ranked in 2016 by the Travel + Leisure magazine, as the best city in the world. With a population growth rate of 14.3% and the average cost of a house being $411,471, Charleston is quickly becoming a very promising new center for informational and technological corporations. Moreover, this city is undoubtedly among the fastest-growing cities in America especially after the advent of job opportunities and the established tourism industry.

21. Charlotte. North Carolina

Population Growth Rate: 20.4%
Average Home Cost: $319,335

Known as the third fastest-growing majority in the US, Charlotte has a population growth rate of 20.4%. It is home to two of the most well-known banks in America and the NFL Carolina panthers. As indicated by its substantial business growth, this city has seven fortune five hundred companies operating in it and is the second-largest banking center in the US, which creates a lot of job opportunities.

Not only this, famous for its charm and hospitality, Charlotte boasts a very interactive community life that has become one of its strongest plus points that have prompted people to choose this city as their home.

20. Dallas, Texas

Population Growth Rate: 12.2%
Average Home Cost: $270,629

Known as the ninth most populous state in the US, Dallas is the largest metropolitan area in the southern United States. With it becoming a transportation hub, Dallas soon joined the ranks of other cities as a strong industrial and financial center. Dallas is not only home to ten Fortune 500 countries but also has a population growth rate of 12.2%.

Furthermore, one can buy a house here for $270,629, which is one of the major reasons why Dallas has seen growth in its population as the cost of housing is lower with an above-average household income. This gives rise to higher spending power and coupled with the business growth, the creation of jobs, and the Texas community life, many people have moved into this city in recent years.

19. Meridian, Idaho

Population Growth Rate: 48.3%
Average Home Cost: $530,915

The third-largest city in Idaho, Meridian is famous for its gender-balanced community, parks and recreation, livability, and growing population, Meridian has increased a whopping 72.53% in 2021. Despite having a lower cost of living, the city still has a median household income of $63,225 and is quickly growing in size as people from all over the country are flocking in because of the quality of life it offers.

18. Colorado Springs, Colorado

Population Growth Rate: 14.6%
Average Home Cost: $493,500

Located near the base of Pikes Peak, Colorado Springs is a sight to behold. With its rocky mountains on one side and high plains on the other, this city is undoubtedly a famous tourist destination. It was ranked 13 in the New York times as a place to go and has often been cited as one of the most desirable places to live in America. With a military-driven economy, not only does Colorado Springs have many important military bases but it also has seen a steep decline in its unemployment rates, evidencing the potential of growth. Furthermore, the city has a population growth rate of 14.6%.

17. Durham, North Carolina

Population Growth Rate: 21.4%
Average Home Cost: $ 253,500

Known as the ‘bull city’, Durham is the 74 most populous city in the United States. It is also a part of the research triangle and is home to the notable Duke university. With its far-ranging educational and housing opportunities, Durham is fast becoming an important hub. Not only this, with a median household income of $65, 536, the housing expenses in Durham are 27% less than the national average. Being less expensive than the national average, the city has seen a greater influx of people in recent years because of its strong community life, a growing job market, and overall quality of life.

16. New Braunfels, Texas

Population Growth Rate: 56.4%
Average Home Cost: $275,551

Famous for its beautiful landscape and the strong sense of community, New Braunfels had 15 people moving into it, every day, in 2018. And ever since then, it has been growing steadily, mainly as an ideal place to raise a family. Not only this, the city has a population growth rate of 56.4% and the average cost of a home is around $275,551, which isn’t that expensive considering the main incentives that the residents of this city enjoy. No wonder this city is among the fastest-growing!

15. Boise, Idaho

Population Growth Rate: 9.3%
Average Home Cost: $506,564

The ninth city to make it to our list is Boise. With its rich culture, the Idaho state capital, Boise has a median household income of $66,293 respectively. In recent years, this city has quickly emerged as a headquarters for large technological conglomerates to set up their offices including companies like Microsoft Corporation (NASDAQ: MSFT) and Hewlett Packard Enterprise Company (NASDAQ: HPE).

Coupled with the potential this city has in terms of housing, with the average cost of the house being $506, 564, and the potential workforce and business growth, people have been flocking into the city from all around the country,

14. Raleigh, North Carolina

Population Growth Rate: 8.9%
Average Home Cost: $350,006

The third fastest-growing city in America is Raleigh. With a population growth rate of 8.9% and the cost of a house amounting to $350,006, Raleigh is known as the ‘city of Oaks’ for its many oak trees that line the streets. With its lush greenery and clean environment, one could see why the U.S Census Bureau estimated the city population as 474,069 and named it as one of the fastest-growing cities in the country.

Home to the North Carolina state university and the research triangle park, one of the country’s biggest and largest research parks, Raleigh is undoubtedly becoming a medical hub along with the growing pharmaceutical industry, making it a source of attraction for many people especially families looking to settle down.

13. Denver, Colorado

Population Growth Rate: 21.2%
Average Home Cost: $555,410

Named as the best place to live in by the US News and World report, the sixth city on our list is none other than Denver. Also, ranked as a Beta city by the Globalisation and world cities research network, Denver has a population growth rate of 21.2%. Due to its important geographic location, the city has links to major transportation systems, which allow its residents to travel easily to neighboring cities.

Not only this, in 2010, it had the 18 largest metro economy and has only been growing ever since with several notable corporations making it their headquarters, creating a promising job market. Moreover, the average cost of a house amounts to about $555,410. Coupled with comparatively less expensive housing and the numerous financial opportunities, it is certainly a city to look out for!

11. Portland, Oregon

Population Growth Rate: 12.2%
Average Home Cost: $419,600

Referred to as the ‘city of roses, Portland has an ideal climate. In recent years, not only has it been declared a bastion of cultural growth but it also has seen exponential growth in the technology sector especially after the establishment of famous companies like Intel Corporation (NASDAQ: INTC). With a population growth rate of 12.2%, Portland is certainly a city that has attracted many families due to the stability in the job market and the ideal environment.

10. Round Rock, Texas

Population Growth Rate:42.58%
Average Home Cost: 397,679

Situated in Williamson County, Round Rock is just 14 miles away from Austin. The city known as the ‘superb suburb’ was able to garner its name because of the exponential growth it saw in terms of its economy especially after the tech conglomerate Dell Technologies Inc. (NASDAQ: DELL) made this city its headquarters. With a growing job market, above-average median household income, and comparatively lower cost of living, Round rock has been listed as the fastest-growing city in America countless times.

9. McKinney, Texas

Population Growth Rate: 51.9%
Average Home Cost: $426,363

With a 51.9% increase in its population, Mckinney is not only the fastest growing city in Texas but in the whole country as well. Also known for the ideal family life that this city offers, coupled with the various monumental attractions, growing business opportunities, and a population growth rate of 51.9%, Mckinney is certainly a city to look out for

8. Seattle, Washington

Population Growth Rate: 23.8%

Average Home Cost: $670,300

Famously known for its rainy weather, Seattle is one of the fastest-growing cities in the US with an annual growth rate of 2.1%. With a mixed economy driven by old and new industries, this city has the 8th largest port in America. Due to its advancement in technology, it is set to not only be a ‘climate neutral city’ but also is bound to be a safer and healthier place to live in. The city has a population growth rate of 23.8%.

7. Irvine, California

Population Growth Rate: 35.5%
Average Home Cost: $1,051,094

Just 46 miles away from California, Irvine is the 72 most populous city in the US. With its sprawling golf courses and OC beaches, the city is close enough to LA to enjoy all the perks of living in LA without the usual hustle and bustle. Although a slightly pricier option in terms of the average cost of the house, Irvine coupled with its overall quality of life and a stable job market is among the fastest-growing cities in the USA.

Home to the University of California, Irvine has a median household income of $91,999 and has a population growth rate of 35.5%. Not only this, the city serves as a headquarters to tech conglomerates like Samsung Electronics Co., Ltd. (KSE: 005930.KS) and Toshiba Corporation (OTC: TOSYY), which are also the city’s biggest employers. This city is also famous for its excellent education system and a safe environment that has families from all over the country migrate in herds.

6. Mount Pleasanton, South Carolina

Population Growth Rate: 3.1%
Average Home Cost: 576,685

Located in Charleston County, Mount Pleasanton is famous for the quality of life it offers especially at a lower price. With a vast historic background, beautiful beaches, and parks, this city have a median household income of $97,196, which is way above the national average. The biggest employers in this area are the US navy and Verizon Communications Inc. (NASDAQ: VZ). The city, with its awe-worthy natural beauty, a stable job market, and a lower cost of living has seen a greater influx of people in recent years.

In this article we discuss the 5 fastest growing cities in America. If you want to read our detailed analysis of these American cities, go directly to the 35 Fastest Growing Cities in America.

5. Pleasanton, California

As the name suggests, living in this city is said to be quite ‘pleasant. Ranked as one of ‘America’s best cities to live in’, Pleasanton has also been named one of the wealthiest cities in the past. It is also home to the corporate headquarters of several major companies including Safeway, The copper companies, and the Blackhawk Network.

Benny Marty/Shutterstock.com

4. Castle Rock, Colorado

Midway between Denver and Colorado Springs, castle rock is the most populous town in the state of Colorado. Due to its central position, this city is connected to all the major cities and is fast becoming one as well. With a stable transportation network, health care, and education system castle rock can be a source of attraction for many people.

photo.ua/Shutterstock.com

3. Franklin, Tennessee

South of Nashville, Franklin is often referred to as the south’s prettiest town. With its scenic beauty and a unique architectural blend of old and new neighborhoods, the city is famous for its delicious eateries, wineries, and enchanting music festival scene.

2. Sandy Springs, Georgia

Located in the suburbs of Atlanta, this city serves as a headquarters for many large corporations including UPS and Mercedes Benz USA. With a slightly high cost of living, Sandy Springs may still attract families and young professionals because of the family-friendly vibe and the excellent education system.

philip-arambula-gZKDJZyebjc-unsplash

1. League City, Texas

Home to several notable waterside resorts, league city is famous for the outdoor activities it offers. With a strong educational, health care system and a growing economy young entrepreneurs and job hunters consider the city as their holy grail.