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5 of the 25 Fastest Growing U.S. Metros are in Florida.
Naples News Now
August 15, 2023
Boomtowns are simply those American cities and metro areas that draw more people than any other region in the nation, including new businesses and people moving there in search of better jobs, according to a recent article by Kerry Smith of Florida Realtors. Boomtowns frequently have housing and service infrastructure that is rapidly increasing to support a growing population.
A background-check company called Checkr examined a variety of data, including some from the Bureau of Economic Analysis and the U.S. Census Bureau, to identify the current boomtowns. Considered variables:
Population growth
GDP growth
Unemployment rate
Workforce growth
Poverty rate
Housing unit growth
Real personal income growth
Change in median age
Change in the total number of businesses
Percentage of high-earning residents (making more than $100,000)
After it was finished, it produced a list of the top 25 and top 100 boomtowns in the United States, and of those 25, five are in Florida.
17 of the top 100 cities are in Florida, with Pensacola-Ferry Pass-Brent, the lowest-ranked Florida city, at No. 69.
None of the top 25 “not-so-much boomtowns,” according to Checkr, are in Florida.
Top 25 U.S. “boomtowns”
Provo, Utah
Boise City, Idaho
Coeur d’Alene, Idaho
Bend, Oregon
St. George, Utah
Destin, Florida
Austin, Texas
Logan, Utah
Ogden, Utah
Reno, Nevada
Bradenton, Florida
Fort Collins, Colorado
Idaho Falls, Idaho
Charlotte, N. Carolina
Palm Bay, Florida
Huntsville, Alabama
Jacksonville, Florida
Daphne, Alabama
Salt Lake City, Utah
Raleigh, N. Carolina
Phoenix, Arizona
Nashville, Tennessee
Olympia, Washington
The Villages, Florida
Seattle, Washington
The original article can be found on Florida Realtors
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