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Here Are the Top U.S. Boomtowns of 2022

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Housing Markets

Here Are the Top U.S. Boomtowns of 2022

With rising populations, booming local economies, and strong housing growth, these markets are thriving even in a housing slowdown

December 1, 2022
Nampa, Idaho on state map
Image: Stock.adobe.com

A market correction is leading to significant price drops in overheated metros across the U.S., but even in a housing slowdown, some markets are still seeing substantial growth. The West and South dominate the top 50 boomtowns in America with strong population, business, and housing growth. 

After posting consistent growth from 2016 to 2021, Nampa and Meridian, two Idaho metros, are the fastest growing cities in 2022, according to SmartAsset. Ranking third on the list is Murfreesboro, TN, where housing units have increased by 31.47% over the last five years and income has increased by 41.95% in the same time period.

Murfreesboro, Tennessee ranks in the top 15 cities for its five-year increases in housing units (31.47%) and population (19.38%). Workers in the city have also seen a 41.95% increase in income over the same time period (29th-best). The area encompassing Murfreesboro ranks 34th-best for its business growth between 2015 and 2020 (15.13%).

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