Why It's Booming: The self-proclaimed "Live Music Capital of the World" is booming, thanks in large part to Austin's high-tech industry (key employers include Dell, IBM and Apple) and the University of Texas, which provides the area with a steady stream of engineering talent. Its' population is expected to grow nearly 15% by 2012.
Why It's Booming: According to the most recent U.S. Census information, Cape Coral was the fourth fastest growing U.S. city with a population of more than 100,000. By 2012, average personal income of its residents is expected to grow by 6.9% annually.
Why It's Booming: The Atlanta metro area is a job magnet that epitomizes the economic boom of the Southeast. Companies with headquarters there include Coca-Cola, CNN and UPS. It's also got the country's busiest airport for passenger traffic. Atlanta's population has doubled in the last 20 years; by 2012, it's expected to grow another 11%.
Why It's Booming: Two words: Boeing and Microsoft. With employers like these in the metro area, it's difficult not to grow. The area also has the fifth largest concentration of biotech companies in the U.S.
Why It's Booming: San Francisco's growth factors are obvious: It's the financial capital of the West, it's a major U.S. tourist destination, it has a thriving downtown area and its proximity to major universities ensures that it has a steady stream of sharp young minds.
http://money.aol.com/forbes/realestate/fastest-growing-metros
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