In this piece, we will take a look at the five fastest-growing cities in the Midwest. For more cities, head on over to 20 Fastest-Growing Cities in the Midwest.
5. Canton-Massillon, Ohio
Inbound Move Rate: 51.2%
Canton-Massillon is a metropolitan area in Ohio. It is made of Carroll and Stark counties and is one of the smaller areas on our list with a population of less than four hundred thousand people. Its principal cities, as the name suggests, are Canton and Massillon. Both cities house less than one hundred thousand people. Both cities have industrial economies, and Canton has large steel manufacturing companies that generate significant employment in the region.
4. Kansas City, Missouri
Inbound Move Rate: 51.3%
The Kansas City metropolitan area is the fifth largest in the Midwest in terms of population It has a population of roughly three million people. The metro area is bi state, with regions located in Missouri and Illinois. Greater Kansas is also the largest metropolitan area centered in Missouri. It is also one of the most prosperous regions in America, with a presence of some of the biggest firms such as AT&T, T-Mobile, General Motors, and the Ford Motor Company. Kansas City is the area’s largest city.
3. Akron, Ohio
Inbound Move Rate: 51.8%
Akron is a metropolitan area in Ohio. It houses almost seven hundred thousand people and its principal and largest city is Akron which is the only city with more than a hundred thousand residents. The metropolitan area houses a variety of companies ranging from rubber companies to utilities, manufacturing, chemicals, and aerospace and defense. Akron City is also a hub for polymer manufacturing in its state, and some of its largest employers are hospitals.
2. Omaha-Council Bluffs, Nebraska/Iowa
Inbound Move Rate: 52.4%
The Omaha-Council Bluffs is a bi-state metropolitan area located in Nebraska and Iowa. It is the twelfth largest metropolitan area in the Midwest in terms of population, with close to a million residents. The metro area’s primary city is Omaha, which houses more people than the next five largest cities. Omaha is the largest city in Nebraska and is well known for having produced one of America’s most successful financial gurus, Warren Buffett of Berkshire Hathaway. Apart from Mr. Buffett’s firm, the city is also home to large and important construction, insurance, and railroad companies.
1. Springfield, Missouri
Inbound Move Rate: 54.7%
Springfield is the second smallest metropolitan area in our list and is based in Missouri. The area houses less than half a million people, and its largest county is Greene County with roughly three hundred thousand people. The largest city is Springfield, and the city’s economy is dominated by healthcare companies.
Disclosure: None. You can also take a look at Top 20 Financial Cities in the World and 20 Most Desirable Companies To Work For In USA.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below