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These Are The Top 20 Fastest (And The Slowest) Growing Cities In The U.S. 2018 Study

Well known for its beautiful beaches and resort hotels, Fort Myers, Florida, was named the fastest-growing city in the U.S. for 2018, that’s according to the personal-finance website WalletHub. The city is home to the Florida Gulf Coast University (FGCU).

Four Texas cities made the top 10, while Midland came in at No. 2 and Pearland at No. 3, the other two are Texas cities McKinney ranked No. 5 and College Station at No. 6 on the list as the fastest-growing cities in the U.S. 2018.

Decatur, Illinois was named the slowest-growing city in the U.S. for 2018. Shreveport, LA; Erie, PA; Lawton, OK; and Youngstown, OH rounded out the bottom five, at No. 514, No. 513, No. 512, and No. 511 respectively.


Top 20 Fastest-Growing Cities in the U.S.

  1. Fort Myers, Fla.
  2. Midland, Texas
  3. Pearland, Texas
  4. Bend, OR
  5. McKinney, Texas
  6. College Station, Texas
  7. Lehigh Acres, Fla.
  8. Mount Pleasant, SC
  9. Enterprise, NV
  10. Irvine, Calif.
  11. Milpitas, Calif.
  12. Pleasanton, Calif.
  13. Murfreesboro, TN
  14. Meridian, ID
  15. Redwood City, Calif.
  16. Frisco, Texas
  17. Round Rock, Texas
  18. Austin, Texas
  19. Miami, Fla.
  20. Saint George, UT

Top 20 Slowest-Growing Cities in the U.S.

  1. Decatur, IL (ranked 515th)
  2. Shreveport, LA
  3. Erie, PA
  4. Lawton, OK
  5. Youngstown, OH
  6. Cheektowaga, NY
  7. Montgomery, AL
  8. Waterbury, CT
  9. Springfield, IL
  10. Columbia, MD
  11. Longview, TX
  12. Baton Rouge, LA
  13. Hammond, IN
  14. Trenton, NJ
  15. Anchorage, AK
  16. Columbus, GA
  17. Joliet, IL
  18. Toledo, OH
  19. Flint, MI
  20. Fayetteville, NC (ranked 496th)

To compile the ranking, analysts compared 515 U.S. cities of varying population sizes based on two critical dimensions, “Sociodemographics” and “Jobs & Economy.” 

Sociodemographics: population growth, working-age population growth (individuals aged 16 to 64), and college-educated population growth.
Jobs & Economy: job Growth: Double Weight, increase in ratio of full-time to part-time Jobs, median household income growth, unemployment rate decrease, poverty rate decrease, growth in regional GDP per capita, increase in number of businesses, increase in number of startups, increase in venture capital investment amount, median house price growth, building-permit activity growth, and foreclosure rate decrease.
The website categorized each city according to the following population-sizes: large cities (more than 300,000 people), midsize cities (100,000 to 300,000 people), and small cities (fewer than 100,000 people)

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Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA
Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, is a publishing executive and economist who serves as CEO and Editor-in-Chief of CEOWORLD Magazine, one of the world's most influential and widely read business publications. He also chairs its Advisory Board, shaping the magazine’s editorial vision and global strategy.

Dr. Amarendra earned his Ph.D. in Finance and Banking from the European Global School, Paris, a Doctorate in Chartered Accountancy from the European International University, Paris, and a Doctorate in Business Administration (DBA) from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He also holds an MBA in International Relations and Affairs from the American University of Athens, Alabama.

Equal parts economist, strategist, and publishing visionary, Dr. Amarendra has built CEOWORLD Magazine into a trusted platform where CEOs, executives, and high-net-worth leaders turn for ideas that matter and insights that last.


Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, serves on the Executive Council at CEOWORLD Magazine. Follow him on LinkedIn, Facebook, and Twitter for insights, or explore his official website to learn more about his work.