Nashville Lands on Forbes’ List of America’s Fastest-Growing Cities
Forbes recently revealed their list of the fastest growing cities in America. Not surprisingly, Nashville landed within the Top 10.
To create the list, Forbes looked at a number of variables. They looked at population growth, the rate of employment, salary and the economic output from the city. They also factor in home prices. The result was a list of 25 places in the U.S. with impressive growth rates.
Nashville, Murfreesboro and Franklin were grouped together for this list and landed at No. 7. That’s a big jump from last year, where we were at No. 20. According to the article’s statistics, the projected population growth this year is 2.15% with the projected job growth at 2.05%. The projected wage growth is the most impressive — at 6.20%.
The home prices here in Middle Tennessee are also growing. They project the growth this year to be at 3.72%, compared to 10.0% last year.
Nashville landing at No. 7 on the list is great for our economy without surging prices for homebuyers too much. We sit behind Boise (at No. 1), Seattle, Dallas, Orlando, Fort Worth and Las Vegas. See the full list of America’s fastest-growing cities on Forbes.