Also, some Louisiana cities are doing well while others are struggling as the study divides the rankings into “large”, “midsize” and “small cities”.
Here are how some of the Louisiana cities rank:
NEW ORLEANS: 28th fastest growing large city
LAKE CHARLES 64th fastest growing small city
LAFAYETTE 95TH fastest growing mid-sized city
KENNER 197TH fastest growing small city
BATON ROUGE 202nd fastest growing mid-sized city
SHREVEPORT 232nd fastest growing mid-sized city
METAIRIE 240TH fastest growing mid-sized city
Texas appears to lead in growth for all three size categories leading with Austin, Frisco and League City Texas.
Here is the way that WalletHub describes its study:
With the economy steadily rebounding since the Great Recession, the personal-finance website WalletHub conducted an in-depth analysis of 2016’s Fastest Growing Cities.
In order to identify the U.S. cities that grew the most rapidly between 2009 and 2015, WalletHub’s analysts compared 515 U.S. cities across 14 key metrics, ranging from “population growth rate” to “college-educated population growth” to “unemployment rate decrease.” In addition, we produced separate rankings for large, midsize and small cities.
|Fastest Growing Cities||Slowest Growing Cities|
|1||Frisco, TX||506||Waukegan, IL|
|2||League City, TX||507||Flint, MI|
|3||Lehigh Acres, FL||508||Cleveland, OH|
|4||Kent, WA||509||Cincinnati, OH|
|5||Surprise, AZ||510||Gary, IN|
|6||Meridian, ID||511||Atlanta, GA|
|7||Midland, TX||512||Toledo, OH|
|8||McKinney, TX||513||Toms River, NJ|
|9||Concord, NC||514||Detroit, MI|
|10||Bryan, TX||515||Jacksonville, NC|
Best vs. Worst
- Lehigh Acres, Fla., experienced the highest population growth, at 8.44 percent. Conversely, Detroit experienced the highest population decrease, at 4.47 percent.
- College Station, Texas, experienced the highest household income increase, at 9.07 percent. Conversely, Kenner, La., experienced the highest household income decrease, at 2.76 percent.
- Frisco, Texas, experienced the highest job growth, at 5.32 percent. Conversely, Decatur, Ill., experienced the highest jobs decrease, at 1.31 percent.
- McKinney, Texas, experienced the highest poverty rate decrease, at 9.63 percent. Conversely, Ellicott City, Md., experienced the highest poverty rate increase, at 87.61 percent.
- Midland, Texas, experienced the highest growth in GDP per capita, at 11.81 percent. Conversely, Yuma, Ariz., experienced the highest decrease in GDP per capita, at 2.79 percent.
To view the full report and your city’s ranking, please visit: