Five Texas cities among most recession-resistant nationallyFive Texas cities among most recession-resistant nationallyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=240192020-03-10T05:00:00Z2020-03-16T19:00:00Z

​​​NEW YORK – Five Texas cities have landed on SmartAsset's list of the top ten most recession-resistant cities in America. 

"Texas performs particularly well for its state’s rainy-day funds as a percentage of state expenditures—ranking second-highest of all 50 states at almost 19 percent,” SmartAsset analysts said.​​

No. 1 Frisco was in the top 11 of all three broad categories SmartAsset analyzed: employment, housing, and social assistance. 

Frisco had the lowest housing costs as a percentage of income. It recently ranked 13th on SmartAsset's list of the top boomtowns in America.

Plano took the number three spot, ranking in the top 10 percent in SmartAsset's broad study categories.

No. 4 Denton was recently named the top boomtown in Texas and the second nationally. No. 5 Austin was also a top contender on that list. 

Lubbock ranked seventh, and it was recently named the third most affordable place for veterans. 

Round Rock, Arlington, and Killeen were the only other Texas cities in the top 25, ranking 11th, 19th, and 20th, respectively.

Cedar Rapids, Iowa,​ ranked second overall. 

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​Source: SmartAsset
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