With the Census Bureau reporting that the South and West held 14 of the 15 cities with the largest population gains in 2018, the personal-finance website WalletHub recently released its report on 2019’s Fastest-Growing Cities in America as well as accompanying videos. Of the 66 largest cities in the U.S., Denver ranks at No.5.
To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub compared 515 U.S. cities across 17 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, the report produced a separate ranking by city size.
Economic Growth in Denver (1=Fastest-Growing; 258=Avg.)
- 61st – Population Growth
- 90th – Median Household Income Growth
- 42nd – Job Growth
- 54th – Poverty Rate Decrease
- 206th – Regional GDP Growth
- 187th – Unemployment Rate Decrease
- 26th – Growth in Number of Businesses
- 38th– Working-Age Population Growth
- 206th – Foreclosure Rate Decrease
- 88th– Median House Price Growth
Denver ranks 37th overall and 5th in terms of large-city growth.
Read the full report here
