Checkr – an employee background-check firm – analyzed data to pinpoint the growth metros that would be attractive to employer relocations and job-seeking movers.
Notably, Ocala, The Villages and Gainesville are high on their list of recognized metros poised for high growth. The article discusses the fastest-growing cities in America, also known as “boomtowns.” Boomtowns are cities that experience rapid economic growth and development within a relatively short period. These cities often attract large numbers of people seeking employment and entrepreneurial prospects. Checkr compiled a list of the top 10 boomtowns in America based on 10 key factors, including population growth, GDP growth, unemployment rate, and housing unit growth.
Key Factors in determining high-growth potential:
- Population growth
- GDP growth
- Unemployment rate
- Workforce growth
- Poverty rate
- Housing unit growth
- Real personal income growth
- Change in median age
- Change in the total number of businesses
- Percentage of high-earning residents (making more than $100,000)
