flexiblefullpage - default
Currently Reading

America’s Up-And-Coming Boom Towns

Advertisement
billboard - default
Housing Markets

America’s Up-And-Coming Boom Towns

These small metros are attracting droves of new arrivals, and it’s not difficult to understand why


December 28, 2021
Nampa, Idaho
Image: Stock.adobe.com

Of SmartAsset’s 50 fastest growing metropolises in the nation, six Northwestern cities finished in the top 10, according to The New York Times, though Murfreesboro, Tennessee came out on top thanks to its minuscule unemployment rate and fast-growing median household income. The rankings compared population growth and household income to the region’s total number of businesses and housing units over a five year period. 

Just behind Murfreesboro were two small Idaho metros with booming population growth and promising increases in household income. 

Six cities in the Northwest finished in the top 10 — three in Washington, two in Idaho and one in Oregon. But the city that came out on top was Murfreesboro, Tenn., about 35 miles southeast of downtown Nashville, which finished in the top 20 percent of cities in most of the metrics the study considered. One was its August 2021 unemployment rate of just 3.4 percent. Another was its median household income, which grew by 38 percent over five years.

Nampa, Idaho, a suburb of Boise and Idaho’s third-largest city in its own right, finished second. There, the number of businesses grew by about 29 percent and median household income increased by 39 percent over those same five years. Right behind Nampa in third place was Meridian, Idaho, about 10 miles east, where the population grew by more than 31 percent from 2015 to 2020 and the August 2021 unemployment rate was 2.5 percent.

For the full list of America’s top boom towns …

Read more

Advertisement
leaderboard2 - default

Related Stories

Housing Markets

These Are the 10 Most Popular US Cities for Out-of-State Buyers

Americans are relocating to these metro areas for more favorable regional amenities and more affordable housing

Regional Builders

Smith Douglas Homes Enters Houston, TX Market

With the acquisition of local builder Devon Street Homes, Smith Douglas Homes is expanding to the Houston market to serve more Texas communities in need of increased housing development

Housing Giants

2023 Housing Giants Report and Rankings

Pro Builder's annual Housing Giants report ranks the top U.S. home builders by revenue, closings, and type and location of homes built and this year investigates off-site construction's potential to help home builders resist the headwinds of escalating costs and lack of affordability 

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.