Worse, Baton Rouge (246) and Shreveport (249) are ranked at the very bottom for mid-sized cities with the lowest growth.
In terms of job growth, Shreveport ranked towards the very bottom, tied for 494th with Decatur Illinois. Lake Charles (514) and Shreveport (515) hit the rock bottom with lowest poverty rate decrease, while Shreveport and Lafayette were ranked in the worse five for Regional GDP.
New Orleans economic and jobs brings down growth rankings
In the categories, New Orleans, ranked 168th overall, had a 66 score for socioeconomic rank but a 363 score for jobs and the economy. The lower the score, the better.
With economic growth expected to slow in the short term after a devastating hurricane season, the personal-finance website WalletHub conducted an in-depth analysis of 2017’s Fastest-Growing Cities in America.
Baton Rouge, Shreveport: Lowest rung for mid-cities growth
- Kent, Washington, experienced the highest population growth, at 5.96 percent. Conversely, Gary, Indiana experienced the highest population decrease, at 1.30 percent.
- San Marcos, California, experienced the highest household income increase, at 9.81 percent. Conversely, Trenton, New Jersey, experienced the highest household income decrease, at 2.35 percent.
- Frisco, Texas, experienced the highest job growth, at 5.83 percent. Conversely, Shreveport, Louisiana, experienced the highest jobs decrease, at 1.16 percent.
- Fort Myers, Florida, experienced the highest decrease in poverty rate, at 2.92 percent. Conversely, Shreveport, Louisiana, experienced the highest increase in poverty rate, at 1.55 percent.
- Midland, Texas, experienced the highest growth in real GDP per capita, at 7.68 percent. Conversely, Lafayette, Louisiana, experienced the highest decrease in real GDP per capita, at 4.52 percent.
To view the full report and your city’s rank, please visit: