EDMOND, Okla. — SmartAsset has released a list of the top 10 fastest growing cities in the nation as of December 19. Edmond, Oklahoma came in at number six.
According to edmondsun.com, “the group lists Edmond among the biggest boomtowns of 2014, and ranking sixth in the nation out of the 550 cities examined. The city rated in the top 50 for both GDP and housing growth, and its net-migration rate was 56th overall.”
SmartAsset also noted that Edmond has an 8 percent housing growth rate and 5.8 percent GDP growth. The city’s unemployment rate is 4.6 percent with a net migration rate of 0.9 percent.
Midland, Texas and Bismark, North Dakota are the first and second fastest growing cities in the country; notably for their oil industries.
But Edmond attributes its success to quality housing and schools.
“We all know that’s been one of the best economies probably over five years now,” Janet Yowell, executive director of the Edmond Economic Development Authority said.
“People who are interested in their children’s education tend to be more educated themselves,” Yowell added.