March 2014

Viewing posts from March , 2014

Denver Among Fastest Growing US Cities

According to CNN Money, these 10 cities grew faster than in any other major metro area between July 2012 and July 2013 (pulled from data from the Census Bureau):

  1. Austin, Texas
  2. Houston, Texas
  3. Raleigh, North Carolina
  4. Orlando, Florida
  5. San Antonio, Texas
  6. Denver, Colorado
  7. Nashville, Tennessee
  8. Charlotte, North Carolina
  9. Oklahoma City, Oklahoma
  10. Phoenix, Arizona

DENVER, COLORADO

Population: 2.7 million

% gain: 1.9%

New residents: 50,782

Great skiing, biking and hiking are just some of the reasons people flock to the Mile-High City.

“People see Colorado as a place for opportunity,” said state demographer Elizabeth Garner. And when they arrive, it’s not too hard to find one.

Area employment grew nearly 3% in 2013 thanks to hiring in sectors such as mining and energy, construction, professional and business services, and education and healthcare services, according to Denver’s Metro Area Economic Development Corporation.

And while unemployment is still just a few ticks lower than the national average, it’s improving fast. In January, the unemployment rate fell to 6.4% from 7.8% the year before.

Home prices, at a median of $259,000, aren’t exactly cheap, but they are affordable relative to median family income of nearly $78,000.

Click here to read about the other cities that made the list.