To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub compared 515 U.S. cities across 17 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, we produced a separate ranking by city size.
Economic Growth in Albuquerque (1=Fastest-Growing; 258=Avg.):
- 359th – Population Growth
- 450th – Median Household Income Growth
- 340th – Job Growth
- 318th – Poverty Rate Decrease
- 403rd – Regional GDP Growth
- 442nd – Unemployment Rate Decrease
- 454th – Growth in Number of Businesses
- 387th – Working-Age Population Growth
- 435th – Median House Price Growth
Albuquerque ranks 437th overall and 61st in terms of large-city growth.
For the full report, please visit:
https://wallethub.com/edu/fastest-growing-cities/7010/
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