With the second-lowest unemployment rate in the nation of just 3.1% at the end of last year, [number two] Midland’s population may not be growing fast enough for the needs of many employers. Even so, between 2010 and 2013, the population grew by 10.7%, most of which came from domestic migration. Midland is also at the center of an oil boom, which has attracted so many new residents that the area has had to deal with housing shortages. The population influx has also put a strain on public institutions such as schools, and likely caused, among other things, a spike in home prices. Over the last five years, home prices rose by 26.2%, the second-largest home price increase in the nation.
Monday, March 31, 2014
America’s Fastest Growing Cities
NONE of them are in CA. Three are in ...TX.