And the highest-ranking Dallas-Fort Worth community might come as a surprise.
Three of the nation’s fastest-growing and most prosperous cities are in Texas, according to a new ranking.
Denton, New Braunfels and Round Rock are considered American “boomtowns” in a study by financial advisory firm SmartAsset. Using data from the U.S. Census Bureau, the firm examined 500 cities and ranked them based on positive trends in employment, business creation, population growth, housing growth and household income.
Denton came in second, trailing only Longmont, Colo. It’s known as a college town, serving as the home of the University of North Texas and Texas Woman’s University, and often praised for its music culture.
From 2014 to 2018, Denton’s population grew 8% and household income rose 36%. Denton County’s median household income sits at around $86,000 — a decent bit above the national median of almost $62,000.
Since August 2018, the city’s unemployment rate has fallen 0.2%. SmartAsset also ranked Denton as one of the most affordable cities in the U.S. with great school districts this year.
By Dom DiFurio
6:00 AM on Dec 5, 2019