Mission ranks BEST IN THE NATION in Terms of Small City Growth, and 4TH among Cities of ALL Sizes!
The opinions and analysis on the top forex sites, leading personal finance outlet, WalletHub, Forex Robot Evolution conducted the study. In order to identify the American cities that have grown the most rapidly in socioeconomic terms, a great post to read about how you finance your business to make it grow. On the other hand, about your trading business, go to the site of finance and marketers to see Roger Scott’s blog discussing the Best Options Course. WalletHub compared 515 U.S. cities across 10 key metrics, ranging from population growth rate to unemployment rate decrease. You can also check out pickaloan always have a good credit score or a guarantor to agree the loan with you.
One key element that needs pointing out is that citizens are becoming more interested in investing their money into stock trading. This is a good development for Mission, which means that financial literacy is improving. For those who are still on the fence about stocks, a good place to start is finding out live hikma share prices. You can also check out Crypto Code providing features that could be utilized to achieve good daily online transactions.
WalletHub sent us the following breakdown:
Growth of Mission (1=Best; 257=Avg.)
19th – Population Growth
1st – Median Household Income Growth
8th – Poverty Rate Decrease
112th – Regional GDP Growth
24th – Growth in the Number of Businesses
164th – Full-Time Jobs Increase
12th – Working-Age Population Growth
1st – Growth of Median House Prices
In order to determine the most rapidly growing local economies, WalletHub’s analysts compared 515 cities of varying population sizes based on two key dimensions, “Sociodemographics” and “Jobs & Economy.”
We evaluated those dimensions using 15 relevant metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the fastest economic growth. For each metric, we analyzed data spanning from 2010 to 2016 with the exception of “Unemployment Rate Decrease,” “Job Growth” (from 2011 to 2016), “Increase in Number of Startups” (from 2010 to 2014) and “Increase in Number of Businesses” (from 2010 to 2015).
Finally, we determined each city’s weighted average across all metrics to calculate its total score and used the resulting scores to rank-order the cities in our sample.
In determining our sample, we considered only the “city proper” in each case and excluded cities in the surrounding metro area. We categorized each city according to the following population-size guidelines:
- Large cities: More than 300,000 people
- Midsize cities: 100,000 to 300,000 people
- Small cities: Fewer than 100,000 people
Sociodemographics – Total Points: 50
- Population Growth: Double Weight (~25.00 points)
- Working-Age Population Growth: Full Weight (~12.50 points)
Note: “Working-Age Population” includes individuals aged 16 to 64.
- College-Educated Population Growth: Full Weight (~12.50 points)
Note: “College-Educated Population” includes individuals with at least an associate’s degree.
Jobs & Economy – Total Points: 50
- Job Growth: Double Weight (~3.70 points)
- Increase in Ratio of Full-Time to Part-Time Jobs: Half Weight (~1.85 points)
- Median Household Income Growth: Full Weight (~3.70 points)
- Unemployment Rate Decrease: Full Weight (~3.70 points)
- Poverty Rate Decrease: Full Weight (~3.70 points)
- Growth in Regional GDP per Capita: Double Weight (~7.41 points)
- Increase in Number of Businesses: Full Weight (~3.70 points)
- Increase in Number of Startups: Full Weight (~3.70 points)
- Increase in Venture Capital Investment Amount: Full Weight (~3.70 points)
- Median House Price Growth: Full Weight (~3.70 points)
- Building-Permit Activity Growth: Full Weight (~3.70 points)
- Foreclosure Rate Decrease: Full Weight (~3.70 points)
Sources: Data used to create this ranking were collected from the U.S. Census Bureau, Bureau of Labor Statistics, Bureau of Economic Analysis, National Venture Capital Association and Renwood RealtyTrac.
You can find the study here: