December 10, 2019
SmartAsset released its “Top Boomtowns in America — 2019 Edition.” The online loan company defined boomtowns as “characterized by prosperity and robust development . . .” as well as “often desirable places to put down roots and take out a mortgage.” While Longmont, CO, took the top spot, Denton, TX came in no. 2, while New Braunfels and Round Rock took sixth and 10th places in the list, respectively.
Denton, part of the Dallas-Fort Worth metroplex, experienced population and household incomes increase, while unemployment decreased. New Braunfels, approximately 30 miles north of San Antonio, also did well with population growth, with the city’s housing unit number increasing by more than 41% from 2014 to 2018.
As for the Austin suburb of Round Rock, the number of business establishments in the city increased by 20.3% from 2012-2016, “the third-highest rate for this metric overall and the highest among our top 10 boomtowns,” SmartAsset analysts pointed out.
Pictured: Courthouse-on-the-Square, Denton, TX; photo by Aaron Jacobs
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