Austin Ranked as Top 5 Most Dynamic Metros in 2022
Posted on 04/27/2023 by Bryce Bencivengo
View the Full ReportAccording to the Heartland Forward's report on "The Most Dynamic Metros 2022", Austin, Texas is ranked as the fourth most dynamic metro in the United States. The report is an annual ranking that evaluates metropolitan areas across the country based on their economic performance, demographics, and innovation.
The report cites Austin's strong job growth, which has outpaced the national average in recent years. Between 2016 and 2021, Austin's employment grew by 14.1%, compared to the national average of 6.9%.
"Austin-Round Rock-Georgetown, Texas: With an astonishing medium- and short-term real GDP growth (31.2% and 10.5% respectively), this tech hamlet rises to the top as the best-performing heartland tech hub of all and fourth overall. Fast-paced wage growth driven by high demand for skilled workers and an influx of high-tech companies moving HQs from California to Austin are just two drivers of the metro’s economic growth."
-Heartland Forward Most Dynamic Metropolitans 2022
In addition to economic and demographic data, the report also considers innovation and entrepreneurship. Austin's thriving tech startup scene, arts and culture scene, and vibrant music industry were also significant factors in its high ranking.
Overall, the Most Dynamic Metros 2022 report provides valuable insights into the economic and cultural trends shaping the country's metropolitan areas. The report's comprehensive approach to ranking cities makes it an critical tool for policymakers, investors, and business leaders seeking to identify opportunities for growth and development.
The rankings
Top 10 Metropolitans Areas in the United States for 2022:
1. San Jose-Sunnyvale-Santa Clara, California, (Silicon Valley)
2. Elkhart-Goshen, Indiana
3. San Francisco-Oakland-Berkeley, California
4. Austin-Round Rock, Texas
5. The Villages, Florida
6. Midland, Texas
7. Boulder, Colorado
8. Naples-Immokalee-Marco Island, Florida
9. Provo-Orem, Utah
10. St. George, Utah
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