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Bustling Dallas suburb declared one of America's newest boomtowns

Lewisville is the 5th newest boomtown in America for 2026.
What do you get when you combine a city's surge in population, housing growth, and economy? For a place like Lewisville, it all adds up to being named America's No. 5 newest boomtown, according to a new survey from SmartAsset.
The personal finance website's just-released report analyzed more than 400 U.S. cities with populations of 65,000 or more to identify places experiencing rapid growth based on five-year changes in economic output, housing units, and labor force size.
Texas is home to the second-highest concentration of new boomtowns in America with 18 out of 75 located in the Lone Star State. Only Florida ranks higher than Texas by just one.
However, Texas nearly locked out the top five most bustling boomtowns in America. Austin suburb Georgetown topped the list, and its Central Texas neighbors New Braunfels (No. 2) and Leander (No. 4) ranked close behind. Dallas-Fort Worth mid-city Lewisville claimed the No. 5 spot. Lehi, Utah ranked in third place.
Two more Dallas suburbs, McKinney and Frisco, respectively ranked as the 8th and 10th newest boomtowns in America.
From 2019 to 2024, Lewisville saw a 24 percent increase in housing units, with its labor force growing by 23 percent during that time. SmartAsset also determined that Denton County's economic output grew at compound annual rates of 6.7 percent — higher than almost all other counties in the U.S.
Lewisville is no stranger to the "boomtown" label – the city previously appeared as the 9th biggest American boomtown in SmartAsset's 2022 report, and it become one of the most sought-after suburbs over the last several years. The city's food scene has also seen rapid expansion this year with the opening of new restaurants like F&F On The Go and Shady's Burgers and Brewhaha.
The report says population booms and "expanding business activity" can create "visible momentum" for an up-and-coming city, but these fast changes can alter a city in ways residents may not expect.
"In recent years, some American cities stand out for attracting people, investment and development at a pace that sets them apart," the report said. "Boomtown status does not mean growth benefits everyone equally, but it does reflect a city’s expanding economic capacity and the new opportunities that come with it."
America's top 10 new boomtowns are:
- No. 1 – Georgetown
- No. 2 – New Braunfels
- No. 3 – Lehi, Utah
- No. 4 – Leander
- No. 5 – Lewisville
- No. 6 – Palm Coast, Florida
- No. 7 – Nampa, Idaho
- No. 8 – McKinney
- No. 9 – Conroe
- No. 10 – Frisco
