In this article we are going to list the 25 fastest growing mid size cities in the US. Click to skip ahead and jump to the 5 fastest growing mid size cities in the US.
The United States of America is the world’s third largest country with 3.8 million square miles. The country is divided into 50 states which are home to a population of 328 million people, making it the world’s third most populous country. With 19,495 cities, town and villages scattered across the country, USA is popularly known as being one of the most ethnically and racially diverse countries in the world. These cities are of every shape and size and consequently offer different economic lifestyles, each unique to its own. You will mostly hear about the big cities like Los Angeles, New York, Houston, Jacksonville, etc. as they attract the most tourists and are home to some of the biggest attractions for citizens and foreigners alike. But research shows that mid-size cities re on the rise. More and more people are beginning to move their livelihood and families to mid-size cities. According to research, the years between 2010 and 2015 showed more people moving into mid-sized metropolitan cities than anywhere else in the country while larger cities have reported a drop in population growth and an uptick in domestic out-migration.
A mid-sized city can have a population number anywhere from a 100,000 people to 500,000 people. People usually tend to move to mid-sized cities because of the relatively cheaper cost of living as compared to big cities. You can also maintain a considerably healthy and prosperous lifestyle at a reasonable cost. Most of these mid-sized cities and town also boast great primary, secondary and high school systems. These reasons prompt mostly family oriented people to move in. A number of researches also show that many millennials opt to move back to their mid- sized hometowns not only because of the low cost of living, close familial ties and easier commute, but also because these quaint towns offer a more approachable, neighborhood-oriented version of the urban lifestyle that is part of the pull of big cities. Even when it comes to the political sphere, research shows that people prefer mid-size cities to be favorable. According to James Fallows in The Atlantic, people tend to trust their local government more.
Because of this shift, these mid-sized, also called second-tier cities are brimming with possibilities for all kinds of industries to set up shop. A decade of investment in parks, stores and downtown tech hubs are paying off as the population increases. Mid-size cities are also great potential homes for large and small businesses to expand as the offer lower real estate costs, favorable tax codes and incentives, not to mention an increasing pool of potential hires. Places like Starbucks (NASDAQ: SBUX) and Dunkin (DNKN) have made big names in big cities but these businesses are also thriving in these family oriented cities because of the popularity of small book and coffee shops. Other than that, companies like IBM (NYSE: IBM), Cisco (NASDAQ: CSCO) and GlaxoSmithKline (NYSE: GSK) are also finding considerable success in these cities.
Here we have compiled a list for the fastest growing midsize cities in the United States. We have compiled the data from Advisor Smith. The cities are ranked by the average growth rate that the population experienced between the years 2014 to 2019. The population data is courtesy of the U.S. Census Bureau. So let’s take a look at the most popular mid-sized cities in the country, starting with number 25:
25. Roseville, California
Starting off with number 25 with a population growth rate of 2.0%, we have Roseville, California. The city had a population of 128,397 but was recorded to be 141,500 in 2019. Roseville is the largest city in California’s Placer County and is famous for being a shopping destination with the Westfield Galleria being its main shopping mall.