AdvisorSmith Discovers the Fastest Growing & Shrinking Large Cities in America

NEW YORK - Aug. 20, 2020 - PRLog -- AdvisorSmith, a leading information resource for small businesses, released its newest study on the large cities in America that are growing and shrinking the fastest.

The study examined population growth in 89 large cities around the country with populations of 250,000 or more residents. The compound annual growth rate in population was calculated from a five year period between 2014 and 2019.

The fastest-growing large city was Henderson, Nevada. Henderson's population grew from 274,255 residents to 320,189 between 2014 to 2019. The city had an annualized population growth rate of 3.1 percent per year. The top 25 fastest growing cities were all located in the West and South.

The fastest shrinking city was St. Louis, Missouri. St. Louis' population decreased from 317,014 residents to 300,576 between 2014 to 2019. The city shrunk by an average of 1.1 percent per year.

"We created this study to highlight population growth in some of the most dynamic large cities in the nation," said Adrian Mak, CEO, AdvisorSmith. "Americans have many choices when deciding where to live or start a business, and fast population growth is a catalyst for local business growth."

To view the rest of the study and the full list of cities, visit https://advisorsmith.com/data/fastest-growing-and-shrinking-large-cities-in-america.

About AdvisorSmith

AdvisorSmith is a leading information resource for small business owners. AdvisorSmith empowers small businesses with original research and insights into trends to help them succeed. For more information, visit https://advisorsmith.com or follow us on Twitter @AdvisorSmithInc.