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Home Blog WalletHub names San Marcos No. 13 fastest-growing economy

 

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San Marcos’ bustling economy great real estate market, and business-friendly environment have been noticed by homebuyers and businesses alike, who continue to move into the area. Now the city has been recognized for this combination of xx factors. WalletHub named San Marcos No. 13 on its list of fastest-growing economies in the nation.

 

In order to identify the American cities that have grown the most rapidly in socioeconomic terms, WalletHub scored 515 cities of varying sizes based on two key dimensions, “Socio-Demographic Landscape” and “Jobs & Economic Environment,” they said.


From there, they ranked 10 relevant metrics, with “data spanning 2008 to 2014…and then calculated the weighted sum of the scores and used the overall score to rank the cities. Metrics included:


  • Population Growth

  • Median Household Income Growth

  • Unemployment Rate Decrease

  • Job Growth

  • Growth in the Number of Businesses

  • Growth of Median House Prices


The WalletHub ranking is the latest in a long line of accolades and important growth trends for San Marcos. San Marcos is the fastest-growing city in the nation and located in one of the country’s fastest-growing counties. Neighboring New Braunfels is No. 13 in national growth.


These two cities are at the geographic center of the I35 Corridor, considered one of the most dynamic areas in the country with projections for continued growth. HEB is bringing the first HEB Plus to New Braunfels’ northeast side, while Amazon is building a new $14 million, 855,000-square-foot facility in San Marcos.


As San Marcos homebuyers increase, real estate developers step up to meet the need for new homes in the area. The brand-new community of The Crossings from SouthStar Communities, developer of Havenwood and Vintage Oaks in New Braunfels, features two Lennar Homes’ single-family neighborhoods, Brookside II and Camden Collection.


One of the nation’s more awarded builders, Lennar has a long history of creating neighborhoods that suit the needs of modern buyers. Brookside II and Camden Collection will present a range of spacious, modern floorplans with features including granite countertops, Energy Star® stainless steel appliances, and landscape packages, built in and offered at no extra charge with Lennar’s popular Everything’s Included (EI) program. Hill Country scenery and a range of community amenities including a swimming pool, grassy play areas, and walking trails also tempt Hill Country homebuyers, as do Quick Move Homes that allow buyers to move in right away without waiting through construction.


For more information about The Crossings, visit the website.
 

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