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Gainesville 2nd Fastest-Growing City in the Nation

Gainesville 2nd Fastest-Growing City in the Nation

Gainesville has been highlighted as the second fastest growing city in the United States in a study conducted by NerdWallet.com. Among the cities highlighted, Gainesville finished first in growth in median income and second in growth in employment rate.

The study focused on three factors to determine the growth score of each city:

  1. Population: Population growth in the working-age population (16+) between 2007 and 2011
  2. Employment: Growth in the percentage of employed residents 16+ between 2007 and 2011
  3. Income: Growth in median income for workers between 2007 and 2011

The following is an excerpt from their report focusing on Gainesville:

A growing startup hub (Gainesville is home to music startup Grooveshark), Gainesville has plenty of resources for entrepreneurs.  The Gainesville Technology Enterprise Center provides tools and training for early-stage startups. High schoolers can benefit from this entrepreneurial environment as well by participating in the University of Florida’s outreach and youth program, such as the Young Entrepreneurs for Leadership and Sustainability Summer Program.

Below is the complete chart of the top 20 Fastest Growing Cities in the United States:

Rank

City

Population growth (population 16+, 2007-2011)

Growth in employment rate (percent population 16+ in labor force, 2007-2011)

Growth in median income (median earnings for workers adjusted for inflation, 2007-2011)

Overall growth score

1 New Orleans, Louisiana 45.5% 1.6% 15.6% 82.9
2 Gainesville, Florida 14.2% 6.6% 18.7% 75.8
3 Fargo, North Dakota 14.0% 3.9% 11.3% 67.8
4 Fayetteville, North Carolina 19.6% 3.7% 4.8% 67.5
5 Odessa, Texas 6.9% 5.7% 7.7% 65.3
6 Mount Vernon, New York 4.2% 7.4% 4.4% 65.1
7 Mountain View, California 3.2% 4.7% 11.4% 63.4
8 Highlands Ranch, Colorado 14.1% 1.5% 7.5% 62.2
9 El Paso, Texas 12.7% 2.3% 6.1% 62.1
10 Pasadena, California 3.1% 4.5% 9.0% 61.9
11 Bloomington, Illinois 5.8% 3.3% 8.9% 61.3
12 Miramar, Florida 8.6% 3.6% 0.4% 59.4
13 Rochester, Minnesota 12.0% 1.9% 1.9% 59.1
14 Santa Monica, California 6.0% 3.3% 2.4% 58.4
15 Vacaville, California 1.4% 5.1% 1.2% 58.4
16 Las Cruces, New Mexico 8.0% 0.8% 8.6% 58.2
17 Quincy, Massachusetts 10.0% 2.3% 0.2% 57.9
18 Washington, District of Columbia 7.3% 0.5% 9.7% 57.8
19 Midland, Texas 8.9% 2.1% 0.8% 57.2
20 Shreveport, Louisiana 3.1% 1.9% 7.8% 57.0

According to their website, NerdWallet.com is a company that creates financial resources and delivers information and recommendations that are clear, unbiased, personalized, and complete.

Click here to view the full article at NerdWallet.com

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