The Fannie Mae Foundation updates growth trends in "boomburbs" in a new Census Note.
"Are the Boomburbs Still Booming?" tracks 53 boomburbs -- suburbs with more than 100,000 residents that are not the largest cities in their metropolitan areas and that have experienced double-digit growth rates in recent decades. According to the report, most boomburbs continue to top the list of the nation's fastest-growing cities. Between 2000 and 2003, all five of the fastest-growing cities with more than 100,000 residents were boomburbs.
However, a few mature, minority-dominated boomburbs added residents more slowly than in the 1990s, and two San Francisco Bay area boomburbs experienced significant losses after the dot-com bubble burst.
Although most boomburbs have maintained blistering growth rates, a few have been built out asfar as they can go and have added residents more slowly than in the 1990s. In addition, twomature, minority-dominated boomburbs saw sharply lower growth rates than during the 1990s.And two Bay area boomburbs have more or less gone bust with the dot-com bubble.
Thanks to Land Use Lines
FULL STORY: Are the Boomburbs Still Booming?
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