Growth spurt

Austin and Round Rock zoom onto list of America’s biggest boomtowns

Austin skyline with Barton Springs Pool and Lady Bird Lake

Austin is No. 17 among American boomtowns.

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There’s no denying that Austin — and the surrounding areas — are booming. A new study from personal finance website SmartAsset ranks Austin and neighboring Round Rock as two of the nation’s top 50 boomtowns.

To come up with its list of boomtowns, SmartAsset evaluated data for 500 of the largest U.S. cities. It looked at growth factors for each city such as five-year population change, average yearly growth in economic output (GDP), five-year change in number of businesses, five-year growth in housing, and August 2021 unemployment rate.

Austin clocks in at No. 17 in the U.S. and No. 3 in Texas. The Capital City saw an 8.03 percent change in population, 16.4 percent change in establishments, and 12.8 percent change in housing growth during the time period studied. On SmartAsset’s 100-point boomtown scale, Austin earns a score of 89.51.

Round Rock ties for 25th in the U.S. and takes fourth place in Texas, with an 18.53 percent change in population, 29.9 percent growth in businesses, and 23.15 percent change in housing. In total, Round Rock scores 86.97 points.

Nearby New Braunfels, with a score of 89.82, zooms ahead of Austin and Round Rock in the rankings, tying for No. 14 in the U.S. and ranking No. 2 in Texas. New Braunfels’ population skyrocketed 36.03 percent in five years, and the housing rate jumped more than 50 percent.

But it’s not just Central Texas that is booming by SmartAsset’s measurements. Three other Texas cities broke into the U.S. top 50:

Conroe (Houston metro area), No. 3, tied with Meridian, Idaho. Boomtown score: 97.56. Conroe did not appear in SmartAsset’s 2019 boomtown study.
Denton (Dallas-Fort Worth metro area), No. 36. Boomtown score: 83.87. Denton appeared at No. 2 in SmartAsset’s 2019 boomtown study.
McKinney (Dallas-Fort Worth metro area), No. 39. Boomtown score: 83.59. McKinney appeared at No. 14 in SmartAsset’s 2019 boomtown study.

Four Texas cities dropped out of the boomtown ranking from 2019 to 2021: Frisco, which ranked 13th two years ago; College Station, ranked 16th; Flower Mound, ranked 24th; and Allen, ranked 37th.

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Who Has the Energy?

Austin City Council approves energy plan to go coal-free by 2035

Photo by Jeremy Doddridge on Unsplash

Austin Energy drafted a plan that the Austin City Council accepted unanimously.

Many are uncertain about the world's collective energy strategy, but the City of Austin has a game plan for the next 10 years. The City Council has unanimously adopted Austin Energy’s Resource, Generation and Climate Protection Plan to 2035.

According to a release from the city, this plan offers "a flexible path to a clean energy future that incorporates the community’s core values of reliability, affordability, environmental sustainability and energy equity."

Members of the public can review extensive documentation, including the 72-page report, at publicinput.com.

The plan authored by Austin Energy includes a number of strategies carried over from 2020. It includes a goal of going completely carbon-free by 2035 in favor of renewable sources like wind and solar; prioritizing solutions that directly impact the customer like better demand response, efficiency programs, solar options, and customer-installed battery storage; and reaching further into exploring more advanced systems like nuclear and geothermal tech or virtual power plants.

It also addresses the need for more responsive solutions during "extreme weather events," both in the heat and cold, which it proposes implementing locally. The lead meteorologist for the Electric Reliability Council of Texas (ERCOT) has predicted an overall warmer winter for 2025, but with greater chances of experiencing extreme cold — so this may be an increasingly pressing topic on Austinites' minds.

Despite a sweeping desire to enable more renewable resources, one of the local solutions would be allowing Austin Energy to add more, higher-efficiency natural gas peakers, which would have an emissions cap and only run as an emergency measure. A graph in the report shows that 50 percent of Austin Energy's 2023 generation was renewable, compared to 41 percent of ERCOT's.

"As renewable resources continue to increase in the ERCOT system, we’re seeing new operational challenges," the report explains. "One example is curtailment for these resources when too much power is produced and the system can’t handle it. This makes that resource less valuable to our customers. Local renewable energy, energy storage, energy efficiency and demand response investments avoid these challenges and will be especially important going forward."

“A big part of this plan is readying ourselves to get out of Fayette Power Project,” said Mayor Kirk Watson in the city release. “There must be replacement power to protect customers from energy shortfalls and additional energy market risks. For those who share the goal of getting out of coal, this plan is a step forward.”

Austin Energy created the plan with input from 7,512 customers, including 6,355 residential consumers. Their greatest concern was reliability, ranked as a No. 1 value by 38 percent of participants. There were also stakeholder workshops involving groups like the University of Texas at Austin, Austin ISD, H-E-B, Sierra Club, and Habitat for Humanity.

“We are extremely grateful to Austin City Council and our many community partners and industry experts who played a vital role in shaping Austin Energy’s future,” said Austin Energy general manager Bob Kahn. “We are confident that this plan provides the flexibility Austin Energy needs to meet the challenges ahead while reflecting the priorities of our community.”

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