Frisco Americas Fastest Growing City
Frisco, Americas Fastest Growing City
For the first time in at least five years, Frisco has topped the U.S. Census Bureau's list of fastest-growing big cities in the nation. Frisco is adding an average of 37 new residents every day for a population jump of 8.2 percent. Over a years’ time, that translates into an additional 13,505 people looking for a place to live in Frisco.
Texas has surpassed California’s share of the top 15 list, with five cities making the cut. California -- which has about 11 million more residents than the Lone Star State overall -- had four.
Experts have said that the Lone Star State’s routine dominance in just about any kind of population or economic growth measure can be traced back to a few factors.
In the recent past, Frisco, in particular, had lots of open land for development, at relatively low cost which drove substantial national and international attraction to the area, Toyota, The Dallas Cowboys, and the PGA, to name a few. Add to that, the city of Frisco has aggressively pursued high-paying corporate jobs and investment using a variety of tax breaks and grants. All this has added up to Frisco being an economic development dynamo.
In the final analysis, it’s JOBS and low housing and land costs, coupled with a newly built infrastructure that has entice companies and with that resident from more expensive coastal cities.
When you compare the cost of a square foot of real estate in San Francisco at over $1,400.00 with $150.00 in North Dallas, then you don’t have to be an economist to understand why this boom has occurred.
With this being a job boom and not an energy or mineral boom when it subsides, the infrastructure and economy will be strong because, in the first place, it was jobs that brought people here.
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