EDINBURG, Texas – The City of Edinburg was among the top 20 fastest-growing midsized cities in the United States over the last five years, according to a new survey by AdvisorSmith.
For the purpose of the survey Fastest Growing Midsize Cities in America, mid-sized cities were those with populations between 100,000 and 250,000 residents.
“We discovered that Edinburg was the No. 16 fastest-growing midsize city by population growth over the past five years,” said Julius Olitan of AdvisorSmith.
“The annual growth rate in Edinburg was 2.3%, compared with an average growth rate of 0.8% for midsize cities. From 2014-2019, Edinburg grew from 90,342 residents to 101,170.”
The ranking pleases Edinburg Mayor Richard Molina.
“We have strategically invested in our community and we see the results of that investment with booming commercial and residential growth,” Molina said.
“We’ve been battling a pandemic and now a hurricane, but Edinburg will overcome the challenges we’re facing.”
According to the U.S. Census Bureau, Edinburg has just broken into the 100,00-plus population bracket. The 2010 Census put the city at 77,100. However, the agency’s population estimate for July 1, 2019 was 101,170.
Olitan said Texas was the state with the most midsized cities on the new list, with 15 of the top 50. Other Texas cities include Frisco (#1), McKinney (#3), and Round Rock (#6).
“We examined 226 midsize cities around the country, with populations between 100,000 and 250,000 residents. We found the fastest growing cities by calculating the population growth rate over the last five years using data from the US Census Bureau,” he said.
Olitan said Americans have a “plethora of options” when considering the types of neighborhoods they want to live in. “Midsize cities offer the perfect environment for Americans who want a mix of city life and a small-town feel.”
He said that in order to determine the fastest-growing cities, AdvisorSmith calculated the compounded annual growth rate of the population during a five-year period.
“We found that the average midsize city had a population growth rate of 0.8% per year among cities included in our analysis. The growth rates ranged from -1.0% up to 6.7% per year in population growth. Cities in the West and South dominated the list of fastest-growing small cities.”
Click here to see the complete study.
Editor’s Note: The main image accompanying the above news story shows a photo of Edinburg for the corner of Trenton and McColl. (Photo: Edinburg Economic Development Corporation.
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