Austin Texas
Cities in Texas dominated the list of 2014’s Fastest Growing Cities published by finance website WalletHub. Mission, Irving, Edinburgh, Austin and Pharr were all listed within the top 10. The list was created based on socio-demographic landscape, as well as jobs and economic development.
The greater Austin area is projected to be a particularly vibrant area for job growth, and was listed at No. 1 for being the fastest growing large city in the U.S. According to Forbes, Austin’s reputation for creative culture and a burgeoning music scene, paired with many emerging companies that have chosen to call it home make it a destination for highly qualified talent.
The source noted that many of the new positions coming out of the metropolis are in premium industries with salaries starting at six figures. Some of the fastest growing fields in the area include the biotechnology, pharmaceutical and technology trades. Unemployment rests at 4.3 percent, significantly lower than the national figure of 5.9 percent. Job growth increased by 4.3 percent last year and is expected to steadily increase.