Top 5 US Cities with Fastest Economic Growth: Georgetown, New Braunfels, Lehi, Leander, Lewisville
In SmartAsset's 2026 assessment of U.S. cities experiencing the most rapid economic expansion from 2019 to 2024, Georgetown, Texas, secured the top position, followed by New Braunfels, Texas; Lehi, Utah; Leander, Texas; and Lewisville, Texas. This evaluation focused on mid-sized and larger cities with populations exceeding 65,000, analyzing factors such as economic shifts, housing, and workforce metrics. Nearly half of the 75 cities listed were located in Texas and Florida. Georgetown saw a 34% increase in housing and labor force, with Williamson County's GDP rising by 7.7%. New Braunfels experienced a 40% growth in housing units, a 32% increase in labor force, and a GDP growth of 6.8%. Lehi's labor force surged by 67%, with a GDP of 5.6%. Leander's housing grew by 48%, labor force by 25%, and GDP by 6.1%. Lewisville's housing rose by 24%, labor force by 23%, and GDP by 6.7%.
Key facts
- SmartAsset ranked U.S. cities with populations above 65,000 on economic, housing, and workforce growth from 2019 to 2024.
- Georgetown, Texas, topped the list with 34% growth in both housing units and labor force.
- Williamson County, home to Georgetown, had compound annual real GDP growth of 7.7%.
- Pegatron acquired a 168,000-square-foot facility in Georgetown.
- New Braunfels, Texas, ranked second with 40% housing growth and 32% labor force growth.
- Lehi, Utah, ranked third with a 67% labor force increase, the largest in the top five.
- Leander, Texas, ranked fourth with 48% housing growth, the largest on the list.
- Lewisville, Texas, ranked fifth with 24% housing growth and 23% labor force growth.
- Florida and Texas together accounted for nearly half of the 75 cities on the list.
- The Northeast produced only one city on the final list.
Entities
Institutions
- SmartAsset
- Pegatron
- Adobe
- Microsoft
- Texas Instruments
- St. John Properties
- Titan Development
- McAdams Engineering
- Schlitterbahn Waterpark and Resort
- Forbes Advisor
- Texas Travel Awards
Locations
- Georgetown, Texas
- Williamson County, Texas
- New Braunfels, Texas
- Comal County, Texas
- Lehi, Utah
- Utah County, Utah
- Leander, Texas
- Lewisville, Texas
- Denton County, Texas
- Dallas-Fort Worth Metroplex
- Austin, Texas
- San Antonio, Texas
- Provo, Utah
- Salt Lake City, Utah
- Florida
- Texas
- Northeast
- Rust Belt
- United States
Sources
- Quartz —