Alamo City Boom
Forbes names San Antonio one of America's next boomtowns
Texas is the land of opportunity, according to Forbes' report on America's next boomtowns. Forbes analyzed the 53 largest metro areas in the country to determine which have the best chance of prospering in the next decade, and four of the 10 are in Texas.
"The most vital parts of urban America can be encapsulated largely in one five-letter word: Texas," says Forbes, declaring Austin No. 1, Houston No. 6, Dallas-Fort Worth No. 7, and San Antonio No. 8 on the list.
"Austin, Houston, Dallas-Fort Worth, and San Antonio are very different places, but they all have enjoyed double-digit job growth from 2010 through 2014, well above the national average of 8.1 percent," Forbes notes. These Lone Star hubs also boast huge increases in populations of young, educated millennials and households with children. The metros have also seen hikes in income growth.
In San Antonio, it looks like this: San Antonio experienced 12.5 percent job growth from 2010-2015 and an 8.7 percent population increase from 2010 to 2014. And, 27.6 percent of the population ages 25-44 have at least a bachelor's degree.
Dell also expects big things from Texas. According to the recently published Dell Future Ready Economies Model, Austin, Dallas-Fort Worth, and Houston are among America's most future-ready cities.
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