Charlotte Is 2018’s 4th Fastest-Growing Large City in America

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With the Census Bureau reporting that the South held 8 of the 15 cities with the largest population gains in 2017, the personal-finance website WalletHub today released its report on 2018’s Fastest-Growing Cities in America.

To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub compared 515 U.S. cities across 15 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, we produced a separate ranking by city size.

Economic Growth in Charlotte (1=Fastest-Growing; 258=Avg.)

  • 41st – Population Growth
  • 235th – Median Household Income Growth
  • 18th – Job Growth
  • 94th – Poverty Rate Decrease
  • 1st – Growth in Number of Businesses
  • 34th – Working-Age Population Growth
  • 230th – Foreclosure Rate Decrease

Charlotte ranks 32nd overall and 4th in terms of large-city growth.

Rank* Large City Name
(Score)
Rank* Midsize City Name
(Score)
Rank* Small City Name
(Score)
1 Austin, TX
(65.83)
1 Midland, TX
(73.55)
1 Fort Myers, FL
(76.57)
2 Miami, FL
(65.75)
2 Pearland, TX
(72.68)
2 Bend, OR
(72.45)
3 Seattle, WA
(63.47)
3 McKinney, TX
(71.40)
3 Mount Pleasant, SC
(70.87)
4 Charlotte, NC
(61.81)
4 College Station, TX
(71.17)
4 Milpitas, CA
(70.29)
5 Denver, CO
(61.65)
5 Lehigh Acres, FL
(71.00)
5 Pleasanton, CA
(69.39)
6 Fort Worth, TX
(61.59)
6 Enterprise, NV
(70.87)
6 Meridian, ID
(69.08)
7 Henderson, NV
(60.21)
7 Irvine, CA
(70.30)
7 Redwood City, CA
(67.17)
8 Nashville, TN
(59.87)
8 Murfreesboro, TN
(69.27)
8 Saint George, UT
(64.69)
9 San Francisco, CA
(56.89)
9 Frisco, TX
(67.02)
9 Manteca, CA
(64.65)
10 Atlanta, GA
(56.81)
10 Round Rock, TX
(66.31)
10 Loveland, CO
(64.51)
11 Oakland, CA
(56.40)
11 Santa Clarita, CA
(64.40)
11 Indio, CA
(62.28)
12 San Jose, CA
(56.34)
12 Cape Coral, FL
(64.38)
12 Lake Charles, LA
(61.74)
13 Aurora, CO
(55.94)
13 Greeley, CO
(63.35)
13 Mountain View, CA
(61.12)
14 San Antonio, TX
(54.90)
14 Hayward, CA
(63.32)
14 Concord, NC
(60.68)
15 Raleigh, NC
(54.83)
15 League City, TX
(62.96)
15 Boynton Beach, FL
(60.51)
16 Las Vegas, NV
(54.39)
16 Sandy Springs, GA
(62.63)
16 Sunrise, FL
(60.04)
17 Dallas, TX
(54.02)
17 Temecula, CA
(62.00)
17 Livermore, CA
(58.74)
18 Phoenix, AZ
(53.50)
18 Bellevue, WA
(61.37)
18 Town ‘n’ Country, FL
(58.31)
19 Tampa, FL
(53.42)
19 Denton, TX
(60.37)
19 Nampa, ID
(57.43)
20 Riverside, CA
(52.99)
20 Cary, NC
(59.68)
20 Orem, UT
(57.41)
21 Mesa, AZ
(52.71)
21 Orlando, FL
(59.66)
21 Flower Mound, TX
(57.13)
22 Washington, DC
(52.20)
22 Odessa, TX
(59.48)
22 Boca Raton, FL
(56.69)
23 Boston, MA
(51.98)
23 Fargo, ND
(59.34)
23 Rock Hill, SC
(56.68)
24 Portland, OR
(51.42)
24 Grand Rapids, MI
(58.87)
24 Springdale, AR
(56.20)
25 Columbus, OH
(51.34)
25 Gilbert, AZ
(58.80)
25 Fishers, IN
(55.71)
26 Jacksonville, FL
(50.61)
26 Hillsboro, OR
(58.72)
26 Palm Coast, FL
(55.50)
27 Omaha, NE
(50.12)
27 Santa Clara, CA
(58.67)
27 San Marcos, CA
(54.75)
28 Sacramento, CA
(50.11)
28 Charleston, SC
(58.48)
28 Fayetteville, AR
(54.70)
29 Minneapolis, MN
(49.74)
29 North Las Vegas, NV
(57.89)
29 Asheville, NC
(54.19)
30 Los Angeles, CA
(49.14)
30 Davie, FL
(57.63)
30 Hemet, CA
(53.82)
31 Stockton, CA
(48.77)
31 Scottsdale, AZ
(57.35)
31 Union City, CA
(53.79)
32 San Diego, CA
(48.68)
32 Ontario, CA
(56.93)
32 Ellicott City, MD
(53.58)
33 Fresno, CA
(48.37)
33 Allen, TX
(56.82)
33 Carmel, IN
(53.39)
34 Indianapolis, IN
(47.22)
34 Athens-Clarke, GA
(56.77)
34 Pharr, TX
(53.19)
35 Santa Ana, CA
(46.05)
35 Clovis, CA
(56.45)
35 Chino, CA
(53.17)
36 New Orleans, LA
(46.03)
36 Arvada, CO
(56.19)
36 Hesperia, CA
(52.81)
37 Anaheim, CA
(45.93)
37 Surprise, AZ
(56.19)
37 Spokane Valley, WA
(52.76)
38 Saint Paul, MN
(45.77)
38 Reno, NV
(56.18)
38 Largo, FL
(52.67)
39 Oklahoma City, OK
(45.68)
39 Centennial, CO
(55.95)
39 Somerville, MA
(52.15)
40 Bakersfield, CA
(45.42)
40 Pompano Beach, FL
(55.82)
40 Bryan, TX
(52.12)
41 Colorado Springs, CO
(45.30)
41 Thornton, CO
(55.69)
41 Avondale, AZ
(51.68)
42 Houston, TX
(45.24)
42 Port Saint Lucie, FL
(55.59)
42 Deltona, FL
(51.47)
43 Long Beach, CA
(44.15)
43 San Mateo, CA
(55.52)
43 Longmont, CO
(51.36)
44 Arlington, TX
(43.60)
44 Richmond, CA
(54.99)
44 Compton, CA
(51.22)
45 Kansas City, MO
(43.09)
45 Coral Springs, FL
(54.87)
45 Napa, CA
(51.07)
46 Honolulu, HI
(42.92)
46 Fairfield, CA
(54.84)
46 Tracy, CA
(50.46)
47 Lexington, KY
(42.91)
47 North Charleston, SC
(54.84)
47 Medford, OR
(50.36)
48 Louisville, KY
(41.87)
48 Lewisville, TX
(54.83)
48 Weston, FL
(50.36)
49 New York, NY
(41.72)
49 Durham, NC
(54.66)
49 Iowa City, IA
(50.26)
50 Pittsburgh, PA
(41.55)
50 Brandon, FL
(54.59)
50 Turlock, CA
(50.22)

What do you think about Charlotte recent growth trend?

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