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Cabarrus Magazine

WalletHub Study Ranks Concord as 2016’s 9th Fastest-Growing City

Oct 03, 2016 04:44PM ● By Melanie Heisinger

2016’s Fastest Growing Cities. Courtesy of WalletHub.

With the economy steadily rebounding since the Great Recession, the personal-finance website WalletHub conducted an in-depth analysis of 2016’s Fastest Growing Cities.

In order to identify the U.S. cities that grew the most rapidly between 2009 and 2015, WalletHub’s analysts compared 515 U.S. cities across 14 key metrics, ranging from “population growth rate” to “college-educated population growth” to “unemployment rate decrease.” In addition, they produced separate rankings for large, midsize and small cities.  

Pace of Economic Growth in Concord (1=Fastest Growing; 258=Avg.) 

  • 7th – Population Growth
  • 33rd – Job Growth
  • 124th – Poverty Rate Decrease
  • 96th – Regional GDP Growth
  • 1st – Growth in Number of Businesses
  • 65th – Full-Time Jobs Increase
  • 13th – Working-Age Population Growth 
Concord ranks 9th overall and 3rd in terms of small city growth.

For the full list, visit WalletHub's article here

Content courtesy of WalletHub's article, "2016’s Fastest Growing Cities."

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