Most of the fastest growing cities in America have one thing in common: they are all home to major universities filled with millennials about to join the workforce.
Although millennials are hesitant to enter homeownership since they witnessed their predecessors going through the housing crisis and are dealing with a pile of student debt, they still will eventually enter the housing market in coming years.
And when they do, here are the top-10 fastest growing cities according to NerdWallet.
The study analyzed data from over 500 of the largest American cities to find the ones with the highest overall growth rates between 2009 and 2013. The data looked at the following three factors:
- Growth in the working-age population (16+)
- Growth in the percentage of residents in the labor force
- Growth in median income for workers
So with no further delay, click the next page to see the top-10 fastest growing cities in America.