Austin #1 - America's Fastest Growing Cities (Forbes)

If you haven't heard, Austin is getting bigger.... 

Texas State Capitol

Forbes rated the 100 largest MSAs based on Population Growth, 2012 Job Growth, Rate of Economic Growth (gross metro product growth). They also used federal Unemployment Data & Median Salary data.  They came up with their list of the 20 fastest growing metro areas in the US.  Texas leads the nation, again!  This is GOOD for Real Estate - but not so great for traffic.  ;}

"Perhaps not surprisingly, cities in Texas — which welcomed more than 427,000 newcomers from August 2011 to July 2012, according to the U.S. Census Bureau — dominated our list. Houston ranked second, behind Austin, followed by Dallas in third place and San Antonio in ninth. Robust labor markets, unemployment rates under 6% (well below the national average),no state income tax, a business-friendly regulatory environment, and strong population inflows all contributed to Texas towns’ high rankings."

1) Austin, TX

• M.S.A.: Austin-Round Rock-San Marcos, TX
• 2012 Population growth rate: 2.8%
• 2013 Population growth rate: 2.7%
• Job growth rate: 3.1%
• Unemployment: 4.9%Gross Metro Product: 6.3%
• Median salary: $63,200

2) Houston, TX

• M.S.A.: Houston-Sugar Land-Baytown, TX
• 2012 Population growth rate: 2%
• 2013 Population growth rate: 2%
• Job growth rate: 3.4%
• Unemployment: 5.8%
• Gross Metro Product: 6.8%
• Median salary: $70,900

3) Dallas, TX

• M.S.A.: Dallas-Fort Worth-Arlington, TX
• 2012 Population growth rate: 2.1%
• 2013 Population growth rate: 2.1%
• Job growth rate: 2.1%
• Unemployment:5.7%
• Gross Metro Product: 5.9%
• Median salary: $65,100

4) Raleigh, NC
5) Salt Lake City, UT
6) Seattle, WA
7) Provo, UT
8) Phoenix, AZ

9) San Antonio, TX

• M.S.A.: San Antonio-New Braunfels, TX
• 2012 Population growth rate: 2.1%
• 2013 Population growth rate: 2%
• Job growth rate: 2%
• Unemployment: 5.6%
• Gross Metro Product: 4.1%
• Median salary: $56,900

10) Portland, OR
11) Washington, DC
12) San Jose, CA
13) San Diego, CA
14) San Francisco, CA
15) Boise, ID
16) Denver, CO
17) Oklahoma City, OK
18) Charlotte, NC
19) Bakersfield, CA
20) Ogden, UT


Full Text of Forbes.com Article

Austin Fifth Fastest-growing Metro area in Nation

Austin hasn't lost its allure.
The city was the only one in Texas to make the list of the 10 fastest-growing U.S. metro areas, ranking fifth, with a population increase of 4.3 percent in 2007, according to the U.S. Census Bureau.

The Austin-Round Rock area had the eighth highest numeric population gain, with 65,880 new residents moving into the region in 2007.
Overall, four Texas metropolitan areas saw big numerical population increases last year.
The Dallas-Fort Worth region ranked No. 1 in the list of top 10 U.S. metro areas by overall numeric population growth with an additional 162,250 people from 2006 to 2007.
The Houston metro area ranked fourth on that list, with an additional 120,544 people, trailing Atlanta, with 151,000 people, and Phoenix, with 132,000.
Neighboring San Antonio came in tenth with an increase of 53,925.
The Census Bureau also reports that eight of the fastest-growing metro areas were located in the southern part of the country.

-As reported in Austin Business Journal 3/27/08