To conduct the study, the financial technology company analyzed economic data for 500 cities nationwide and examined unemployment rate, business growth, GDP growth, population change, housing development and change in household income, according to a news release from the town of Flower Mound.
In addition to Flower Mound’s ranking, other top-ranking DFW boomtowns include Denton at No. 2, Frisco at No. 13, McKinney at No. 14 and Allen at No. 37. All five DFW cities have top 10 rates for five-year growth in the number of local businesses. Flower Mound experienced an approximate 18.6%increase.
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