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December 04, 2019 News » San Antonio News

        
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Study Ranks New Braunfels Among the Nation's Top 10 Boomtowns

By Sanford Nowlin

click to enlarge

New Braunfels' Main Plaza Bandstand - WIKIMEDIA COMMONS / DARRYL PEARSON

Wikimedia Commons / Darryl Pearson
New Braunfels' Main Plaza Bandstand

New Braunfels, how's it feel to be a boomtown?

A new study by financial site SmartAsset ranked the San Antonio satellite community No. 6 on its annual list of the nation's 10 top boomtowns.

New Braunfels ranked fourth in both population growth and housing expansion among the 500 metros included in the analysis. The city's population grew by more than 30% from 2014 through 2018, and its count of housing units increased by more than 41%.

What's more, New Braunfels had the 15th-highest yearly GDP and establishment growth rates, two additional factors considered in the rankings.

Two other Texas cities also made SmartAsset's boomtowns list. Denton landed at No. 2 and Round Rock at No. 10.

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Tags: New Braunfels, San Antonio, boomtowns, economy, population growth, housing growth, SmartAsset, Denton, Round Rock, Texas, economic growth, GDP

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