(Northern) Colorado is Booming
SmartAsset just came out with the top Boomtowns in America and Colorado claims seven of the 50 top boomtowns nationwide, including the number one boomtown. More importantly, three of the top 15 are cities to the north of Denver.
The rankings are as follows: Longmont (#1), Greeley (#5), Denver (#7), Fort Collins (#15), Highlands Ranch (#30), Arvada (#34) and Thornton (#42).
To find the top boomtowns in America, SmartAsset analyzed economic data for 500 cities nationwide and considered the following factors: unemployment rate, GDP growth, population change, housing development, change in household income and business growth.
According to Kara Gibson with SmartAsset, these cities “all stand out for their low unemployment rates and high percentage growth in the number of local housing units.”
As I’ve said in this space before, it’s great to be Colorado, and particularly great to be Northern Colorado.
These rankings and others are highlighted on the regional talent portal, WorkInNorthernColorado.com
The full report, including the methodology and rankings, can be found here: https://smartasset.com/mortgage/top-boomtowns-in-america-2019