North Texas’ rapid expansion is not slowing down. A recent study found that several cities in the region have some of the fastest-growing populations in the U.S.
Journalist research company Journo Report and Casino review company CasinooftheKings recently conducted an analysis of U.S. cities experiencing the fastest development to identify those with the highest population growth, with Frisco and McKinney coming out near the top.
Frisco ranked third with a score of 53.5. The city boasts the second-largest infrastructure investment, totaling $120 million, second only to Goodyear, Arizona. Frisco experienced a job growth rate of 4.5% and rapid housing development, with 36.8 new homes built per 1,000 existing ones. Additionally, the city’s unemployment rate stands at 3.2%, lower than both Goodyear and St. George, Utah which ranked first and second, respectively.
McKinney secured fourth place with a score of 47.84. Over the past five years, the city's population has grown by 18.74%, while jobs increased by 4.5%. Although McKinney’s infrastructure investment is slightly lower than Frisco’s, it still totals an impressive $100 million. Notably, McKinney has the lowest unemployment rate in the ranking, at just 3%.
However, not all North Texas cities can keep up with the growth. Local Profile previously reported that Princeton City Council recently enacted a temporary moratorium on new residential housing to give city officials time to conduct a comprehensive evaluation of the city's infrastructure and public services.
The city's primary concerns center around the impact of residential property development on public facilities, including water, wastewater, roadways, and police services, all of which are operating at or above capacity. To address these issues, the city will need several large water storage tanks to improve its infrastructure, as well as the addition of 30 more police officers to meet growing demands.
The temporary moratorium will last for at least 120 days, with the possibility of an extension. During this period, all permits related to property development, including construction, reconstruction and any other alterations or improvements, are suspended.
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