In a world that's constantly evolving, a couple of Dallas-Fort Worth cities are leading the charge, according to a new study.
Grand Prairie and Fort Worth are among the 10 most dynamic cities in America, real estate news site Point2 Homes declares. The study looked at 150 U.S. cities, analyzing each across four major categories: human capital, education and culture, economic activity, and housing. Determining the most dynamic came down to which "cities are consistently innovating and developing" and how they "stand out among others."
Grand Prairie comes in at No. 5 overall. Its most notable statistic, says the report, is a 34 percent decline in the number of people living below the poverty line between 2013 and 2017, representing the 13th biggest drop in the U.S.
The city also boasts one of the nation's biggest increases in new residents from outside the city (No. 2), as well as top rankings for number of companies (No. 8), gross domestic product growth (No. 18), and home price appreciation (No. 11).
The study further breaks down the overall list of cities by size, granting Grand Prairie the distinction of being America's most dynamic small city.
To the west, Fort Worth, No. 7 overall, stands out for its 17 percent spike in the number of new companies (No. 5 among cities studied). Fort Worth, the No. 4 most dynamic large city, also tops the charts for population growth (No. 10), increase in jobs (No. 13), decrease in poverty (No. 16), and home price appreciation (No. 22).
Locally, there's a trend. More people and companies are moving to Dallas, too, the 10th most dynamic large city and 24th overall, and GDP here is also on the rise.
DFW isn't the only region in Texas that shines in the study. Austin is the sixth most dynamic large city and 11th overall. The Capital City is attracting new residents and companies and also boasts increasing GDP.
These Texas leaders are in good company. The most dynamic city in America is San Francisco. Seattle; Denver; and Aurora, Colorado, round out the rest of the top five.