Surveys Reveals Elk Grove Among Fastest Growing Cities in 2016



October 5, 2016 |

A recently released survey revealed that Elk Grove is again in the ranks of the fastest growing cities in the country. That survey was conducted by WalletHub.com, an online personal finance site.

The study, which examined 515 cities of varying sizes, looked at population growth, decrease in the unemployment rate, decrease in poverty, increase in regional per-capital GDP, population growth, income growth. According to these measures, Elk Grove was pegged as the 11th fastest growing city in the country.

Within the survey, cities were also broken into large, medium, and small classifications. Elk Grove was classified as medium, and within that rank, it was rated as the seventh highest overall in growth.

Elk Grove Mayor Gary Davis said he senses recent population growth is pegged to employment gains. Davis pointed to Apple Computer, the growth of California Northstate University, and expansion of small businesses.

"Elk Grove has a reputation for a very high quality of life," Davis said. "Elk Grove has excellent public schools, almost 100 parks, relatively low crime, large and successful youth sports programs, and a strong sense of community - all while being the 7th most diverse city in the United States."

Although the city ranked in the top three percentile in overall rankings, it did not breach the top five in any of the classifications. Not surprisingly four Silicon Valley communities were tied for first place in highest per-capital GDP growth including Mountainview, San Jose, Santa Clara, and Sunnyvale.

Within the region, Sacramento was ranked 30th out of 64 overall in the large city classification, Folsom was ranked 29th out of 204 for small cities, and Roseville was 49th out of 247 cities in the medium classification. Elk Grove was rated as 7th best overall in the medium city classification.

"It is an exciting time for Elk Grove," Davis added.





Source: WalletHub




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