Four Texas cities among nation’s biggest ‘boomtowns’

​​​NEW YORK – ​​Four Texas cities have landed on Magnify Money’s list of the biggest "boomtowns" in America. 

Austin ranked first on the list, showing the greatest five-year growth in population and housing. However, the 10 percent increase in housing units isn’t keeping up with the 16 percent population growth. 

Austin had the highest workforce and earnings score on the list due to a 23 percent drop in unemployment and a 9 percent increase in median wages.  

Dallas, San Antonio, and McAllen ranked seventh, ninth, and tenth, respectively. Houston followed closely behind at eleventh. 

The rest of the top ten rankings include Provo, Utah; Raleigh, N.C.; Charleston, S.C.; Nashville, Tenn.; Denver; and Boise, Idaho. 

To create the rankings, Magnify Money looked at the 100 largest metropolitan statistical areas, tracking changes in population and housing, workforce and earnings, and business growth.