McKinney, Frisco among fastest growing economies in nation, study finds

McKinney and Frisco in Collin County posted same of the most rapid local economic growth in the nation over the past seven years. McKinney ranked 5th fastest-growing economy in the nation. Here is Dr Pepper StarCenter McKinney at Craig Ranch.

City of McKinney

Frisco had the 16th fastest-growing economy in the nation. Here's The Star in Frisco, a high-profit project.

Courtesy of @James D. Smith/Dallas Cowboys

Fort Worth had the 35th fastest economic growth in the nation over the past seven years, according to a report by personal-finance website WalletHub.

Denton posted the 40th fastest-growing economy in the nation. Denton Town Center, shown here, sits at a prominent location in the city known as the home of the University of North Texas.

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The city of Flower Mound ranked as the 60th fastest-growing economy in the nation.

Jake Dean

Allen, 63rd fastest-growing economy in the nation, boasts the mixed-use Watters Creek development.

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Lewisville weighed in at 89th fastest-growing economy in the nation. In this photo, officials with the city of Lewisville and Denton County joined Mary Kay executives for a groundbreaking.

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Dallas had the 101th fastest local economic growth in the nation. Here's the Dallas sklyline from McKinney Avenue in Uptown.

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Carrollton, with the 109th fastest-growing economy in the nation.

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Richardson, 130th fastest-growing economy in the nation over the last seven years, is the home of a State Farm-anchored mixed-use project called City Line.

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Irving had the 141st fastest local economic growth in the nation. Here's the skyline of the Las Colinas area of Irving.

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Grand Prairie, 172nd fastest-growing economy in the nation.

Plano, with the 200th fastest-growing economy in the nation, has welcomed Toyota's North American headquarters campus and scores of other relocations and expansions.

Jake Dean

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McKinney and Frisco in Collin County posted some of the most rapid local economic growth in the nation over the past seven years, according to a report released Monday. Show Full Story

McKinney ranked fifth and Frisco ranked 16th in a lineup of cities with the nation’s fastest economic growth by personal finance website WalletHub.

To see how other North Texas cities fared by this metric, click through the slideshow attached to this story.

WalletHub compared 515 U.S. cities across 15 key metrics including population growth, job growth, college-educated population growth, income growth, poverty rate decrease, regional GDP growth per capita and unemployment rate decrease.

Other Texas cities finishing in the top 30 include Midland at No. 2, Pearland at No. 3, College Station at No. 6, Round Rock at No. 17, Austin at No. 18, and League City at No. 29.

Frisco experienced the nation’s highest population growth, at 6.52 percent annually, and highest job growth, at 6.12 percent annually, over the past seven years.

In May, U.S. Census population estimates placed Frisco as the fastest-growing city in the country, with 8.2 percent population growth between July 1, 2016, and July 1, 2017.

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