May 27th, 2022

1. Jurupa Valley, CA

Jurupa Valley, California is a city of nearly 107,000 people about 50 miles west of Los Angeles. The city’s population grew 9.41% faster than the number of new housing units between 2016 and 2020, the third-highest rate in our study. Median household income also increased by 32.18% during the same time period (12th-best overall), while the median home value shot up 45.25%, which ranks 49th out of 322 cities.

2. Denver, CO

Denver’s population grew by nearly 8% between 2016 and 2020, outpacing housing unit growth by 5.61% during that time. That’s the 13th-largest difference between population growth and housing unit growth in our study. Denver also experienced the 29th-largest jump in median household income, as it rose 29.16% between 2016 and 2020. The median home value in this city of nearly 716,000 residents also went up 49.09%. That’s a larger increase than 87% of cities in our study.

3. Everett, WA

Everett, Washington is located 25 miles north of Seattle and ranks in the top 10% of cities for all three metrics we considered. Everett had the 26th-largest median household income growth between 2016 and 2020, rising 29.63%. The city also saw its median home value rise 48.60% during that time (28th-highest overall). Meanwhile, the city had the 30th-highest housing demand across our study, as its population grew 3.20% faster than the number of new housing units.

4. Stockton, CA

The median home value in Stockton, California rose by 56.13% between 2016 and 2020, the 10th-most across all 322 cities. The city of 311,000 residents also saw population growth outpace housing unit growth by 2.75% during that time (41st-best overall). Finally, the median household income rose 26.85% over that four-year period, ranking in the top 50 cities for that metric.

5. Vallejo, CA

Vallejo, California experienced the fifth-largest increase in median home value between 2016 and 2020 (59.23%). This Bay Area city also saw its population grow 4.28% faster than new housing units during that time (21st-most). The city ranks 72nd out of 322 cities for four-year change in median household income, which increased 23.94% between 2016 and 2020.

6. Sunnyvale, CA

Between 2016 and 2020, Sunnyvale, California had the third-largest change in both median home value (62.64%) and median household income (37.04%). Meanwhile, housing demand is more muted. The city’s population grew about a percentage point faster than the city’s housing stock during that same time, ranking 106th-highest overall.

7. Arvada, CO

This suburb of Denver saw its median home value rise 52.50% from 2016 to 2020, which is the 22nd-largest increase across our study. Home to 120,000 people, Arvada’s population grew 1.74% faster than its housing stock (69th overall) during that four-year period, while the median household income rose 28.69% (31st-highest overall).

8. Moreno Valley, CA

Population growth in this southern California city outpaced housing unit growth by 4.45% from 2016 to 2020. That’s the 19th-highest housing demand in our study. Meanwhile, Moreno Valley had the 51st-largest increase in median home value (45.07%) during the same four-year stretch and the 61st-biggest jump in median household income (24.67%).

9. Oakland, CA

Oakland, California’s median household income rose by 38.71% between 2016 and 2020, the second-largest increase across our study. The city of over 422,000 residents also had the 45th-largest four-year change in median home value (45.85%), while the population grew 1.32% faster than housing units.

10. Port St. Lucie, FL

The first and only East Coast city in the top 10, Port St. Lucie, Florida, had the 26th-largest increase in median home value, which rose 50.20% between 2016 and 2020. The population grew by 11.46% during this stretch, outpacing housing unit growth by 3.33% (the 27th-largest difference). The median household income also increased by 22.73% from 2016 to 2020 (83rd-most).

See the original article over here