According to the Houston Business Journal, Texas' five major cities — Houston, San Antonio, Dallas, Austin and Fort Worth — were among the top ten in the nation for population growth from 2005 to 2006, according to a U.S. Census Bureau report released earlier this week.
Many of America's fastest-growing cities appear to be suburbs. Three Dallas-area cities, McKinney (No. 2), Grand Prairie (No. 6) and Denton (No. 9), were in the top ten in percentage population gained. Fort Worth was No. 11 on that list.
The Business Journal reported that six Texas cities cracked the top 25 for total population:
- Houston (No. 4)
- San Antonio (No. 7)
- Dallas (No. 9)
- Austin (No. 16)
- Fort Worth (No. 18)
- El Paso (No. 21)
We'd recently discussed the high foreclosure rate in Texas and I'm often asked when the "bubble" will burst. My response is that Texas still has even more growth slated for upcoming years. Population growth is expected because of the continued increases in job growth, our increasing immigrant population, baby boomer relocations and faster-than-average birth rates.
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