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The study examined the population growth in 226 midsize cities around the country for the past five years and calculated the compound annual growth rate in population growth during that period.
They discovered the fastest-growing midsize city was Frisco, Texas. Frisco's population grew from 144,965 residents to 200,480 between 2014 to 2019. The city had a population growth rate of 6.7 percent per year. Texas had the most cities with 15 of the top 50 cities.
The fastest shrinking city was Jackson, Mississippi. Jackson's population decreased from 172,014 residents to 160,628 between 2014 to 2019. The city had a population growth rate of -1.4 percent per year.
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"We created this study to highlight some of the most dynamic midsize cities in the nation," said Adrian Mak, CEO, AdvisorSmith. "Americans have many choices when deciding where to live or start a business, and fast population growth is a catalyst for local business growth."
To view the rest of the study and the full list of cities, visit https://advisorsmith.com/data/fastest-growing-midsize-cities-in-america.
AdvisorSmith is a leading information resource for small business owners. AdvisorSmith empowers small businesses with original research and insights into trends to help them succeed. For more information, visit https://advisorsmith.com or follow us on Twitter @AdvisorSmithInc.
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