Change for the better
Ever-changing Austin excels as one of America's most dynamic cities
In a world that's constantly evolving, Austin is leading the charge, according to a new study.
Austin is one of the 20 most dynamic cities in America, real estate news site Point2 Homes declares. The study looked at 150 U.S. cities, analyzing each across four major categories: human capital, education and culture, economic activity, and housing. Determining the most dynamic came down to which "cities are consistently innovating and developing" and how they "stand out among others."
The Capital City comes in at No. 11 overall. Its most notable statistic, says the report, is a 29 percent spike in gross domestic product between 2013 and 2017 (No. 2 among the cities studied). Austin also stands out for its number of news companies (No. 23), population growth (No. 24), and decrease in poverty (No. 30).
The study further breaks down the overall list of cities by size, granting Austin the title of the No. 6 most dynamic large city in the country.
Head to North Texas, and you'll find even more dynamic cities, with Grand Prairie ranking No. 5 overall and Fort Worth following at No. 7.
Grand Prairie boasts one of the nation's biggest increases in new residents from outside the city (No. 2), as well as top rankings for number of companies (No. 8), gross domestic product growth (No. 18), and home price appreciation (No. 11).
It also earns the distinction of being America's most dynamic small city and particularly stands out for its "poverty-reducing efforts," the study says.
Fort Worth stands out for its 17 percent increase in the number of new companies (No. 5). It also tops the charts for population growth (No. 10), increase in jobs (No. 13), and decrease in poverty (No. 16)).
These Texas leaders are in good company. The most dynamic city in America is San Francisco. Seattle; Denver; and Aurora, Colorado, round out the rest of the top five.