A recent study named Longmont America’s number one “boomtown,” and AIM is thrilled to be part of this community. In December 2019, SmartAsset published a list of the fastest-growing cities in terms of population change and job opportunities. Longmont claimed the top spot as the fastest-growing city in the country overall.
SmartAsset, a personal finance tech company, selected the 10 top boomtowns in America based on seven factors:
Longmont ranks in the top 25% of the study for all of SmartAsset’s metrics. Its economy is strong. Longmont ranks ninth overall for its average yearly gross domestic product (GDP) growth, which increased 5.3% from 2013 to 2017. Basically, GDP measures the value of economic activity.
Additionally, Longmont ranks in the top 30 for its unemployment rate (2.6%). Longmont’s population increased by 6.43%, and the number of establishments rose by 12.61%. Plus, its five-year housing rate grew by 17.61%.
Greeley and Denver placed in the top 10 as well—Greeley was 5th and Denver was 7th. Read more about SmartAsset’s study. Here are some other Colorado cities that ranked in the top 50:
Acquire has several clients contributing to the prosperity of their cities:
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