These Are the Fastest Growing Cities in the U.S.

These Are the Fastest Growing Cities in the U.S.

These are the fastest growing cities in the U.S. and they are not always the biggest cities in the country. Los Angeles, New York, Philadelphia, Chicago and San Francisco are not only large, but also very famous. However, when it comes to growth there are many other cities both large and small that are growing at a much faster rate in 2017. Recently, Forbes posted its annual list of America’s Fastest-Growing Cities. While some of these cities are well known, there are several others that might surprise you.

1. Cape Coral-Fort Myers, FL

After a 3.39% population growth last year, this area is expected to outdo itself this year, with a projected growth rate of 3.61%. That makes the top dog two years in a row on this list.

2. ORLANDO-KISSIMMEE-SANFORD, FL

With expected population growth of 3.14%, Orlando has the second highest growth rate in the country for the second consecutive year.

3. PROVO-OREM, UT

This quiet college town is experiencing amazing growth and it’s expected to increase by another 1.95% this year. GMP and wage growth are also expected to increase over last year’s rate.

4. DELTONA-DAYTONA BEACH-ORMOND BEACH, FL

With a projected population growth of 2.57%and a job growth rate of 3.16% this popular area in Florida is another one of the fastest growing locations in The Sunshine State.

5. JACKSONVILLE, FL

This is the third of six spots in Florida on the list and it’s expected to grow by 1.88% this year, along with a job growth rate increase of 2.59 %. GMP growth and wage growth are also projected to increase over last year.

6. NORTH PORT-SARASOTA-BRADENTON, FL

With a 2.67% growth rate last year, this area is booming and it’s expected to continue this year by another 2.59%, along with a projected GMP growth rate of 5.41%.

7. SEATTLE-TACOMA-BELLEVUE, WA

Heading back to the Pacific Northwest, Seattle and Tacoma are growing at a rapid pace, with expected population growth of 1.38% this year after a 1.56% jump last year. GMP and wage growth are also expected to increase over last year.

8. TAMPA-ST. PETERSBURG-CLEARWATER, FL

The first of many spots in the top 10 from Florida, this area grew by 1.65% in 201 and is projected to grow even more this year, by 1.76%.

9. PORTLAND-VANCOUVER-HILLSBORO, OR

This hot spot in the Pacific Northwest is expected to grow at a 1.11% clip in 2017 after jumping up by 1.2% last year. Home price skyrocketed in 2016 by 12.18% and is expected jump another 5.99% this year.

10. SALT LAKE CITY, UT

Coming in at number 10 is Salt Lake, City. It experienced Pop. Growth of 1.24% in 2016 and is projected to grow another 1.23% this year. Job growth is expected to grow by 3.28% in 2017 and wages are expected to increase 7.21%.

HOW THE LIST WAS COMPILED

The list is based on several factors. In addition to population growth, Forbes also looked at employment numbers, economic output, wages and home prices.

To see the entire list of the top 25 fastest-growing cities, click here.

We hope you found this article about “The Fastest Growing Cities in the U.S.” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

 

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

Mark Lutz: A Lifelong Mission to End Extreme Poverty

When Mark Lutz speaks about eradicating extreme poverty, his passion emanates from a lifetime of service and firsthand experiences around the world. Lutz, Senior Vice President of Global Philanthropy at Opportunity International, has spent more than four decades raising funds for missions and microfinance—transforming countless lives in the process. A Childhood Shaped by Apartheid Born…

Aaron Manoucheri: Building a Multi Generation Legacy in Real Estate

Aaron Manoucheri, a third-generation real estate investor and partner at Manoucheri Brothers LLC, understands the delicate balance between tradition and innovation in the family business. In a recent interview on American Dreams, he shared his journey, philosophy, and insights on navigating the ever-changing real estate landscape while maintaining a deep connection to his roots. A Legacy…

Combining Profits with Purpose: A New Era of Impact Investing

A Panel Discussion with Peter Borish, Linda Horner & Dr. Kal Mentak In an era where traditional philanthropy and capitalism often seem at odds, a new wave of thinking is reshaping the landscape—one that integrates financial success with meaningful social impact. This was the central theme of a compelling panel discussion featuring Peter Borish, Linda…

The AI Revolution: Avoiding a Future Controlled by the Few

Artificial Intelligence (AI) is at an inflection point. While most discussions center around the potential and risks of AI, Aldo Carrascoso, CEO and Co-Founder of Vivum AI, offers a different perspective—AI is at its own “War of Currents” moment, much like the battle between AC and DC electricity in the early 20th century. In a…