Local leaders and community members are often heard touting Frisco as the “fastest growing city in the country”. But is it true?
It depends on how you look at it.
US Census data shows that hundreds of US cities have outperformed Frisco’s growth in both percentage and net gain. For example, several small towns, including Fulshear, Texas, have grown over 1,000% over the past decade.
But in the office’s most recent study of the country’s fastest growing cities, it only included those with populations over 50,000, eliminating thousands of cities.
Using that same population rule, here’s where Frisco stands in terms of the “fastest growing” label:
# 2 fastest growing in the United States
A US Census Bureau study in May 2020 named Frisco the fastest growing city in the country due to its population growth rate of 71.1% between April 1, 2010 and July 1, 2019.
But new census data shows it fell to second place after Buckeye, Ariz. Reported a rapid net gain of nearly 12,000 residents between July 1, 2019 and October 15, 2020.
Buckeye’s 10-year growth fell from 56.6% to 79.9% in just over 15 months, overtaking Frisco, whose growth only increased slightly to around 71.4% during the same period.
Fastest Growing City in Texas
Frisco is the state’s fastest growing city with a population of over 50,000. Between April 1, 2010 and October 15, 2020, its population increased from 116,989 to 200,509.
Additionally, Frisco reported the second highest population growth in the state between January and April of this year. Overall, Texas saw a net gain of about 12,700 residents at the start of this year, reflecting a growth rate of less than 0.05%, while Frisco saw a 1.2% increase, or nearly 2,100 new residents.
It should be noted that Frisco’s smaller neighbors – Little Elm and Prosper – have also experienced a significant population boom, increasing by 220.2% and 79.9% respectively over the past decade. Both still report a population of less than 50,000, according to recent census data.
Fastest Growing City in Texas for Sociodemographic and Economic Expansion
Frisco is also the fastest growing city in Texas – and No. 6 nationally – in terms of socio-demographic and economic expansion, according to a study published by personal finance site WalletHub.
Rankings were determined by population growth, employment growth, income growth, poverty rate, employment rate, and similar measures over a seven-year period.