By Elsa Maxey
A study released by consumer finance website NerdWallet lists Fort Bend County as one of the fastest growing counties in a nationwide study. Three critical factors in more than 750 counties using U.S. Census data are reported to have been analyzed in the study – growth in population, employment rate, and median income. A list of the 10 counties with impressive data has Fort Bend almost in the middle.
The study further states what is known locally – more people are moving to Fort Bend County. Just drive around and notice the people and motorist activity at commercial and retail areas, not to mention how a quick glance at new housing and other construction can be readily seen.
So which are the fastest growing counties in the U.S. according to the data reviewed?
1). Orleans Parish, Louisiana;
2). Guadalupe County, Texas;
3). Kendall County, Illinois;
4). White County, Arkansas;
5). Elmore County, Alabama;
6). Fort Bend County, Texas;
7). Loudoun County Virginia;
8). Williamson County, Texas;
9). Monongalia County, West Virginia; and 10). Comanche County, Oklahoma.
The study states that Fort Bend County has seen impressive population growth through the years. Specifically, between 2000 and 2012, the population is shown to have jumped from 350,000 to nearly 630,000.
Crediting the rise in population, the study reports that it is due to the wide variety of industries listing education, health care, science, energy, administrative services, waste management and retail occupations as those accounting for close to 50 percent of those employed in this area.
Also according to the study, Fort Bend County has kept unemployment low, 5.5 percent as of April 2013. The county’s growth in the employment rate is cited at 16.8 percent, and median income growth between the same period, 2007-2011, is calculated at 10.5 percent.