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The 10 Fastest Growing Cities in the U.S.

Alcove Team | 12/1/21

The 10 Fastest Growing Cities in the U.S.

According to the US Census Bureau, the South and West are home to the fastest growing cities in the US. The United States is home to huge cities and small towns. Thanks to improving policies, US cities steadily grow.

If you’ve been wondering what the fastest growing cities in the US are, you’re in for a treat. This article outlines the 10 fastest growing cities in the US and what makes them attractive.

10 Fastest Growing Cities in the United States

Here are the fastest growing cities in the United States based on the latest data released by the US Census Bureau:

1. Buckeye, Arizona

Located in Maricopa County, Arizona, Buckeye City deserves a spot on this list for many reasons.

For one, the city’s population grew the most according to the latest data released in 2018. Buckeye also serves as a retirement destination close to several golf courses.

On top of that, Buckeye’s short distance to Phoenix’s job market makes it an attractive city for people who want to advance their careers. Working people who reside in Buckeye do so mainly because housing costs are 4.6% lower in the city than in Phoenix. 

Quick Facts About Buckeye

  • Population: 80,000

  • Population Growth: 5%

  • Employment Rate Increase: 3%

  • Expected Job Growth in 10 Years: 40%

  • Median Household Income:  $61,469

  • Median Age: 34

  • Average Home Value: $251,015

2. New Braunfels, Texas

Known for its Germanic heritage, New Braunfels is located between SanAntonio and Austin. This historic city boasts beautiful landscapes and a quaint downtown area perfect for walks. 

The city is also home to enormous water parks that families all over Texas regularly visit. Aside from that, New Braunfels features a diverse population.

Quick Facts About New Braunfels

  • Population: 85,000

  • Population Growth: 2%

  • Employment Rate Increase: 7%

  • Expected Job Growth in 10 Years: 46%

  • Median Household Income:  $65,932

  • Median Age: 36.5

  • Average Home Value: $275,551

3. Frisco, Texas     

Frisco can be found about 30 miles north of Dallas. Located in Collin County, Texas, much of Frisco’s growth can be credited to suburban development and people working in Dallas-Fort Worth.

Major employers in Frisco include Raytheon Space & Airborne Systems and Baylor Medical Center. The city is also home to many sports teams such as the Frisco RoughRiders. 

Quick Facts About Frisco

  • Population: 200,000

  • Population Growth: 6.1%

  • Employment Rate Increase: 6.88%

  • Expected Job Growth in 10 Years: 55.7%

  • Median Household Income: $131,989

  • Median Age: 37

  • Average Home Value: $416,158

4. McKinney, Texas

Another Texas City, McKinney is the second-biggest city in Collin County. A suburb of the Dallas-Fort Worth metroplex, McKinney is located 32 miles north of Dallas.

Interestingly, McKinney shares many features with the aforementioned Texas city, Frisco.

Additionally, McKinney has received several awards over the years. These awards include the Best Place to live by Money Magazine in 2014. The city also grabbed the ninth spot on the list of Best Place for First-Time Home Buyers by WalletHub in 2018. 

Quick Facts About McKinney

  • Population: 209,000

  • Population Growth: 5.4%

  • Employment Rate Increase: 5.48%

  • Expected Job Growth in 10 Years: 55%

  • Median Household Income:  $87,608

  • Median Age: 36.2

  • Average Home Value: $320,99 

5. South Jordan, Utah

Located 18 miles from Salt Lake City, South Jordan lies in the Salt Lake Valley along the banks of the Jordan River between the Wasatch Mountains and the Oquirrh Mountains.
All the outdoor-friendly places in South Jordan make the city not only one of the fastest growing cities in the US, but also one of the healthiest. 

Quick Facts About South Jordan

  • Population: 82,120

  • Population Growth: 4.4%

  • Employment Rate Increase: 4.22%

  • Expected Job Growth in 10 Years: 46.4%

  • Median Household Income: $99,856

  • Median Age: 32.6

  • Average Home Value: $460,715

6. Meridian, Idaho

Despite being the third-largest city in Idaho, Meridian boasts a lower living cost than the national average.

Located west of Boise, Idaho’s capital, Meridian features relaxing spring water parks, amazing settlers parks, and a beautiful state capitol.

Meridian is also home to Wahooz Family Fun Zone, a famous family attraction open all year round. On top of that, the city is just a few hours away from the US’ best ski resorts. 

Quick Facts About Meridian

  • Population: 121,182

  • Population Growth: 6.1%

  • Employment Rate Increase: 5.94%

  • Expected Job Growth in 10 Years: 57.5%

  • Median Household Income: $63,225

  • Median Age: 35.7

  • Average Home Value: $253,000

7. Cedar Park, Texas

Another Texas city on this list, Cedar Park has been among the fastest growing cities in the US for several years now. 

A major suburb of Austin, Cedar Park is known for its excellent schools and all-inclusive business environment. 

Major employers in Cedar Park include high-tech firms like Firefly Space Systems, National Oilwell Varco, and Fallbrook Technologies. These firms offer various skilled jobs and boast steady growth. 

Quick Facts About Cedar Park

  • Population: 81,040

  • Population Growth: 3.12%

  • Employment Rate Increase: 3.5%

  • Expected Job Growth in 10 Years: 52.6%

  • Median Household Income: $79,323

  • Median Age: 35

  • Average Home Value: $487,500

8. Fort Myers, Florida

A major tourist destination in Florida, Fort Myers also serves as the commercial center of Lee County.

Despite being a tourist destination, many retirees and families choose Fort Myers as their forever homes. 

Boasting beautiful beaches on the Gulf Coast, both residents and tourists can enjoy tons of water sports in Fort Myers.  

Quick Facts About Fort Myers

  • Population: 91,086

  • Population Growth: 5.30%

  • Employment Rate Increase: 4.3%

  • Expected Job Growth in 10 Years: 44.0%

  • Median Household Income: $37,360

  • Median Age: 39.2

  • Average Home Value: $269,700

9. Irvine, California

A master-planned city located in Orange County, California, experts designed Irvine for phased, long-term growth. Their efforts eventually paid off, as Irvine is now one of the fastest growing cities in the US. 

Home to the famous University of California, Irvine serves as a top educational destination. The city also serves as the US headquarters of big tech companies like Toshiba and Samsung. 

Quick Facts About Irvine

  • Population: 283,700

  • Population Growth: 1.93%

  • Employment Rate Increase: 4.2%

  • Expected Job Growth in 10 Years: 40.2%

  • Median Household Income: $91,999

  • Median Age: 34.4

  • Average Home Value: $1,030,900

10. Conroe, TX

Lying 40 miles from Houston, Texas, Conroe features several amazing breweries and relaxing parks. 

As the seat of Montgomery County, Conroe features many affordable living choices for residents and various investment properties for businesses. 

Quick Facts About Conroe

  • Population: 96,214

  • Population Growth: 5.58%

  • Employment Rate Increase: 3.2%

  • Expected Job Growth in 10 Years: 72.1%

  • Median Household Income: $60,343

  • Median Age: 32

  • Average Home Value: $187,300 

Conclusion

Alcove Rooms will assist in the management of your real estate

The South and West are steadily growing, thanks to the movement of jobs and reasonable living costs.

Alcove helps you find rooms for rent in beautiful homes. To learn more, check out our listings at: alcoverooms.com/listings