+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The 35 cities in the US with the biggest influx of people, the most work opportunities, and the hottest business growth

Aug 12, 2018, 23:10 IST

f11photo/Shutterstock

Advertisement
  • MagnifyMoney looked at the 100 largest US metros to determine the "biggest boomtowns" in America.
  • In these up-and-coming cities, population and housing, workforce and employment opportunities, and business are booming.
  • Texas cities took up one-third of the top 15 metros, with Austin taking the top spot.

If you're looking for an up-and-coming city with a growing business scene, you won't find popular destinations like New York City or Los Angeles on any list.

Rather, Texas and parts of the Mountain region are taking over and considered the "biggest boomtowns" in America.

That's according to MagnifyMoney, which looked at the 100 largest metropolitan areas around the US and their change from 2011-2016 to determine which cities have the biggest influx of people, most work opportunities, and biggest business growth based on US Census data.

To calculate the ranking, every metro was scored on a scale of 100 in three categories:

Advertisement

  • People and housing: How many people are flocking to the area and is the metro keeping up, considering total population and housing units.
  • Workforce and employment opportunities: Unemployment rates, civilian labor force, and median earnings.
  • Growing industry: Rate of business and industry growth, including number of establishments and paid employees per paid period.

Each category was scored relative to other metros and looking at positive and negative changes in the area. The biggest positive change scores a 100, except unemployment rate, which was reversed in respect to the scale.

Below are the top 35 metros that showed the most people, business, and opportunity growth over a five-year period.

35. Greenville, South Carolina

Population and housing score: 31.7

Workforce and earning score: 43.2

Business growth score: 38.3

34. Columbus, Ohio

Population and housing score: 31.9

Workforce and earning score: 38.9

Business growth score: 44.1

33. Omaha, Nebraska

Population and housing score: 38.2

Workforce and earning score: 44

Business growth score: 35.7

32. Atlanta, Georgia

Population and housing score: 37.1

Workforce and earning score: 30

Business growth score: 53.4

31. Oklahoma City, Oklahoma

Population and housing score: 45.6

Workforce and earning score: 44.4

Business growth score: 30.8

30. New Orleans, Louisiana

Population and housing score: 43.5

Workforce and earning score: 26.9

Business growth score: 50.7

29. Miami, Florida

Population and housing score: 31.1

Workforce and earning score: 31.5

Business growth score: 58.8

28. Phoenix, Arizona

Population and housing score: 45.5

Workforce and earning score: 28.9

Business growth score: 48.8

27. Grand Rapids, Michigan

Population and housing score: 19.5

Workforce and earning score: 53.3

Business growth score: 52

26. Las Vegas, Nevada

Population and housing score: 44.1

Workforce and earning score: 17.1

Business growth score: 64.2

25. Sarasota, Florida

Population and housing score: 37.7

Workforce and earning score: 38.1

Business growth score: 55.1

24. El Paso, Texas

Population and housing score: 54.1

Workforce and earning score: 39.1

Business growth score: 38.5

23. Colorado Springs, Colorado

Population and housing score: 54.3

Workforce and earning score: 32.3

Business growth score: 45.8

22. San Francisco, California

Population and housing score: 31.6

Workforce and earning score: 47.5

Business growth score: 55.8

21. Portland, Oregon

Population and housing score: 38.3

Workforce and earning score: 43.5

Business growth score: 57.6

20. Seattle, Washington

Population and housing score: 45.9

Workforce and earning score: 45.6

Business growth score: 49.4

19. San Jose, California

Population and housing score: 39.4

Workforce and earning score: 53.4

Business growth score: 49.5

18. Salt Lake City, Utah

Population and housing score: 46

Workforce and earning score: 48

Business growth score: 52.7

17. Fort Myers, Florida

Population and housing score: 44.2

Workforce and earning score: 36.5

Business growth score: 66.8

16. Durham, North Carolina

Population and housing score: 55.9

Workforce and earning score: 42.2

Business growth score: 55.9

15. Des Moines, Iowa

Population and housing score: 59.7

Workforce and earning score: 42.8

Business growth score: 52.5

14. Orlando, Florida

Population and housing score: 55.7

Workforce and earning score: 33.1

Business growth score: 67.6

13. Charlotte, North Carolina

Population and housing score: 55.7

Workforce and earning score: 39.8

Business growth score: 64.2

12. Ogden, Utah

Population and housing score: 51.2

Workforce and earning score: 46.8

Business growth score: 63.3

11. Houston, Texas

Population and housing score: 77.7

Workforce and earning score: 41.9

Business growth score: 43.9

10. McAllen, Texas

Population and housing score: 60.3

Workforce and earning score: 62.2

Business growth score: 44.3

9. San Antonio, Texas

Population and housing score: 57.2

Workforce and earning score: 45.4

Business growth score: 64.5

8. Boise, Idaho

Population and housing score: 53.2

Workforce and earning score: 47.8

Business growth score: 67

7. Dallas, Texas

Population and housing score: 61.4

Workforce and earning score: 48.7

Business growth score: 64.4

6. Denver, Colorado

Population and housing score: 52.2

Workforce and earning score: 58.3

Business growth score: 65.3

5. Nashville, Tennessee

Population and housing score: 54.5

Workforce and earning score: 54.6

Business growth score: 72.9

4. Charleston, South Carolina

Population and housing score: 66.9

Workforce and earning score: 60.6

Business growth score: 71.7

3. Raleigh, North Carolina

Population and housing score: 84.1

Workforce and earning score: 48.3

Business growth score: 70.8

2. Provo, Utah

Population and housing score: 79.9

Workforce and earning score: 52.2

Business growth score: 95.1

1. Austin, Texas

Population and housing score: 100

Workforce and earning score: 70.3

Business growth score: 93

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article