Two Bay Area Cities Rank High in WalletHub’s Report

WalletHub recently published a national report about “2016’s Fastest Growing Cities”. A total of 515 United States cities were reviewed and analyzed on key indicators of rapid economic growth. These cities were classified as Large, Mid, and Small sized. The report’s data set (from a period 2009 to 2015) ranges from ‘population growth’ to ‘unemployment rate decrease’ and ‘growth in regional GDP (Gross domestic product) per capita’.

“In order to identify the most rapidly growing local economies, WalletHub’s analysts compared 515 cities of varying population sizes based on two key dimensions, including “Sociodemographics” and “Jobs & Economy.” They evaluated those categories using 14 relevant metrics; each metric was graded on a 100-point scale, with 100 representing optimal economic growth.”* For more information about this methodology visit the WalletHub website.*

The report ranked the following Bay Area cities within the top 15 of their given categories:
League City ranked #1 in the Small City category, and was given an Overall Rank of #2;
Pearland ranked #13 in the Midsize City category, and was given an Overall Rank of #19.

About WalletHub - WalletHub is dedicated to helping people efficiently attain top WalletFitness™ so they may enjoy life instead of worrying about money. To that end, we strive to make the complex simple and to provide each user with a personalized level of care. To read the complete report and see how other cities ranked, go to the WalletHub website.

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By Pamela Moore, Feature Blogger for Brockway Realty, LLC

Originally Posted on Brockway Realty LLC's Official Blog