Wednesday, December 4, 2019

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

Posted By on Wed, Dec 4, 2019 at 4:16 PM

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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