The economy is rapidly expanding for some U.S. cities this year. WalletHub's Richie Bernardo presents the fastest growing cities in the U.S. based on WalletHub’s analysis of 515 cities looking at factors such as “population growth,” “unemployment rate decrease,” and “growth in regional GDP per capita.”

Frisco, Texas, was the fastest growing city, followed by League City, Texas, Lehigh Acres, Fla., Kent, Wash., and Suprise, Ariz.

WalletHub shared some other findings with BUILDER:

  • 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.
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