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Texas Dominates list of 10 Cities Expected to Bloom in 2015

By
Real Estate Agent with Kanam Realty Group/Kanam Commercial 0611757

 

People are flocking to Texas. Five cities in the Lone Star State made Forbes’ annual list of the fastest-growing cities for the year—the most of any other state. Strong population growth, reasonable cost of living, and unemployment levels below 5 percent continue to make Texas a big draw.

Forbes compiled its list of fastest-growing cities for 2015 by analyzing the 100 most populated metro areas in the U.S. and ranking them on six metrics, including estimated population increases, job growth, economic growth, and the median annual pay for college-educated workers.

Here are the 10 metros that topped Forbes’ list as fastest-growing cities for 2015:

1. Houston

  • Projected 2015 population growth rate: 1.74%
  • Job growth rate: 4.5%
  • Unemployment: 4.8%

2. Austin, Texas

  • Projected 2015 population growth rate: 2.51%
  • Job growth rate: 3.14%
  • Unemployment: 4.13%

3. Dallas

  • Projected 2015 population growth rate: 2.04%
  • Job growth rate: 4.1%
  • Unemployment: 4.91%

4. Raleigh, N.C.

  • Projected 2015 population growth rate: 2.02%
  • Job growth rate: 3.54%
  • Unemployment: 4.83%

5. Seattle

  • Projected 2015 population growth rate: 1.3%
  • Job growth rate: 3.56%
  • Unemployment: 4.7%

6. Denver

  • Projected 2015 population growth rate: 1.43%
  • Job growth rate: 2.66%
  • Unemployment: 4%

7. San Francisco

  • Projected 2015 population growth rate: 0.95%
  • Job growth rate: 3.52%
  • Unemployment: 4.16%

8. Fort Worth, Texas

  • Projected 2015 population growth rate: 2.1%
  • Job growth rate: 2.64%
  • Unemployment: 4.95%

9. Charlotte, N.C.

  • Projected 2015 population growth rate: 1.98%
  • Job growth rate: 3.1%
  • Unemployment: 5.84%

10. San Antonio, Texas

  • Projected 2015 population growth rate: 1.93%
  • Job growth rate: 3.06%
  • Unemployment: 4.56%

Source: “America’s Fastest-Growing Cities 2015,” Forbes.com , Metrotex Dallas

 

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Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Shuchi, those numbers are amazing and it is easy to see why cities in Texas are growing as people want jobs to provide for their families and Texas has them!

Mar 13, 2015 10:50 PM
John Pusa
Glendale, CA

Shuchi - Very impressive stats for for cities in Texas and other areas to grow in 2015.

Mar 14, 2015 04:30 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Great news for Texas... It is good to know that it is well on the road to recovery.

Mar 14, 2015 01:19 PM
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for a great post.  Real Estate is sure picking everywhere, but those top 10 dominated by Texas.  I am a former Texan, lived in Houston for 10 years until 1984, not as a Realtor but as an Electrical Engineer then.

Mar 16, 2015 08:39 PM
Jerry Lucas
ABC Legal Docs LLC - Colorado Springs, CO
Notary Training, Consulting. Colorado Springs, CO

Maybe Texas should annex the other 49 states and show them how to grow.

Mar 17, 2015 12:02 AM