Looking for “meteoric job growth” between now and 2028? Don’t look on the West Coast. And turn your gaze from the Northeast. Texas is where the action will be—and seven North Texas cities will be a big part of the trend.
That’s according to a new analysis of Moody’s Analytics research by Money.com, which shows that job growth is predicted to surge by double digits in 34 U.S. cities—with more than a dozen of them in the Lone Star State.
Moody’s estimated job growth over a five-year period from 2023 to 2028 for over 900 U.S. cities, and shared its latest projections with Money. Based on these 900 cities, job growth nationally is expected to be around 3.25% from 2023 to 2028, Money said.
But that boom you hear is coming from inside our state—and for many Texas cities including several in North Texas, the job growth average will be much higher.
The Top 12 cities on Money’s job growth list are all in Texas, including these from our region:
Allen :: No. 6 :: 16.3% projected job growth
Allen led all cities in North Texas with the highest projected job growth in the region for 2023 to 2028.
The six other North Texas cities in the Top 12 all came in at 15.5% projected job growth. They include Frisco at No. 7; McKinney at No. 8; Plano at No. 9; Denton at No. 10; Flower Mound at No. 11; and Lewisville at No. 12.
The Top 5 cities on the list are all in Texas, too.
They include New Braunfels (No 1 at 21% projected growth); Conroe (No. 2 at 16.7%); The Woodlands (No. 3 at 16.7%); Missouri City (No 4 at 16.3%); and Sugar Land (No 5 at 16.3%).
Florida doesn’t make an appearance on the list until No. 13 (Kissimmee, at 15.2% projected growth). It’s followed by four other Texas cities (San Marcos, Cedar Park, Georgetown, and Round Rock) before the list gets to its first Arizona city (Maricopa).
According to the Texas Workforce Commission, the state reached a total of 14.1 million jobs last year and has been experiencing “27 consecutive months of new series employment highs,” Money noted, “thanks to booms in the oil, financial services, and construction industries.”
You can read Money’s report here.
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