The U.S. population grew by just 0.6% from 2017 to 2018, the lowest annual growth rate in 80 years. While population growth is slowing at an alarming rate nationwide, some U.S. cities are bucking the trend, reporting booming population growth in recent years.
Population change is the product of two factors — net migration and natural growth. Natural growth is simply the number of births over a given period less the number of deaths. Net migration is the difference between the number of new residents — either from other parts of the country or from abroad — and the number of residents who have left the area
24/7 Wall St. reviewed the percentage change in the populations of 382 U.S. metro areas between 2010 and 2017 to identify the fastest growing American cities. Over that period, some cities’ populations expanded by well over 20%.
The cities on this list tend to be concentrated in the Southeastern United States. A few of these fastest growing cities are also in Western states that, as a whole, are growing far more rapidly than much of the rest of the country.
To identify America’s 25 fastest growing cities, 24/7 Wall St. reviewed population percentage changes in U.S. metropolitan statistical areas from July 2012 to July 2017 from the U.S. Census Bureau. Median household income figures for each city are for 2017 and came from the U.S. Census Bureau’s American Community Survey. We also looked at the seasonally adjusted December 2018 unemployment rate from the Bureau of Labor Statistics. Data on the population change due to migration and natural growth from April 2010 to July 2017 came from the U.S. Census Bureau’s American Community Survey.