Round Rock Listed Among Fastest Growing Cities In U.S.

Press release from City of Round Rock:

October 19, 2020

From families settling in, to businesses putting down economic roots, it’s no surprise that WalletHub recently listed Round Rock among the fastest-growing cities in the United States.

Round Rock came in at No. 8 in the publication’s most recent analysis, which compared 515 cities of varying population sizes based on 17 key measures of both growth and decline over a period of seven years to determine where the fastest local economic growth has occurred.

The study looked outside of simple factors like population growth, diving deeper into other critical economic success factors such as unemployment rate decrease and growth in regional GDP per capita.

“Experts might not agree on the ‘best’ or the ‘right’ recipe for rapid economic growth, but some cities know the key ingredients for long-term prosperity better than others. Patterns emerge within those cities, allowing us to identify what factors contribute to a lasting cycle of growth,” said Adam McCann, WalletHub’s Financial Writer.

Who else made the list? Take a look:

1. Fort Myers, FL
2. Bend, OR
3. Meridian, ID
4. Milpitas, CA
5. Enterprise, NV
6. Frisco, TX
7. Town ‘n’ Country, FL
8. Round Rock, TX
9. Mount Pleasant, SC
10. Nampa, ID
11. McKinney, TX
12. Henderson, NV
13. Chino, CA
14. Cape Coral, FL
15. Port Saint Lucie, FL
16. Sugar Land, TX
17. Midland, TX
18. Irvine, CA
19. Murfreesboro, TN
20. College Station, TX
21. Lehigh Acres, FL
22. North Charleston, SC
23. Spring Valley, NV
24. Concord, NC
25. Tempe, AZ

For a full list cities included in the analysis and a detailed explanation of study methodology, visit: https://wallethub.com/edu/fastest-growing-cities/

This press release was produced by the City of Round Rock. The views expressed are the author's own.