Round Rock again has been recognized as among the top cities in the U.S. for economic growth, buoyed by gains in the housing market, jobs and earnings, and city infrastructure development.
For the second consecutive year, Round Rock was listed among the nation’s top small cities for economic growth by workspace solutions directory CoworkingCafe. After finishing 15th overall among cities with populations under 250,000 last year, the city came in 14th overall this year.
Round Rock came in third overall in gross domestic product evolution, with a 51 percent growth in goods and services produced between 2019 and 2023. Accordingly, it was in the top 25 in total business applications and saw 34 percent growth in median earnings during the same time period. Unemployment fell 2 percent during that period, ranking it among the top 20 small cities in the jobless rate.
The number of housing units grew 15 percent, which was aided by a 10 percent increase in the total amount of roadway miles.
CoworkingCafe analyzed data across metrics such as job gains, GDP growth, housing, infrastructure buildout, earnings, educational attainment, crime rate and population growth.
Learn more about Round Rock’s economy on the Round Rock Chamber’s website.
