Round Rock — Money magazine’s Best Place to Live in America for 2019 — is on a roll. Personal finance website WalletHub just crowned the Austin suburb the 10th fastest-growing city in the U.S. and the second fastest-growing city in Texas.
WalletHub published its list of America’s fastest-growing cities October 14. To come up with the list, WalletHub compared 515 cities of varying sizes on 17 key measures of both growth and weakness over a seven-year period. Cities were judged in areas such as population growth, economic gains, and unemployment declines.
Aside from landing at No. 10 among all 515 cities, Round Rock claimed the No. 6 spot for midsize cities (100,000 to 300,000 residents) with the highest growth. It took the No. 15 ranking in WalletHub's "sociodemographics" category and ranked 28th for "jobs and economy."
Austin, too, shines on the list, ranking No. 15 overall and landing in the No. 1 spot for large cities with the highest growth.
The title of fastest-growing city in Texas goes to Frisco. The DFW suburb claimed the No. 5 spot overall and ranked No. 3 among midsize cities. In the category for highest population growth, Frisco tied for No. 1 overall with McKinney and Sugar Land, plus three cities outside Texas. Frisco also tied for No. 1 in the category of highest job growth (6.88 percent); McKinney shared that ranking.
Two other Texas cities, both in the Houston area, made WalletHub’s top 30: Sugar Land, No. 21, and Pearland, No. 27.