Aug. 09--Security-Widefield may not be a city, but the unincorporated area south of Colorado Springs bested its much larger neighbor in a list of Colorado "cities on the rise."
The Top 10 Colorado "Cities on the Rise"
6. Wheat Ridge
7. Castle Rock
10. Fort Collins
The Bottom 5
28. Pueblo West
29. Commerce City
The personal finance website NerdWallet ranked Fountain and Security-Widefield as the state's two top "cities on the rise," based on growth in population, employment and income from 2009 through 2012. Colorado Springs was in the bottom half of the 31 ranked cities of 20,000-plus residents.
The two Fountain Valley communities received top billing based on their double-digit income growth and strong population growth, according to NerdWallet's blog.
Colorado Springs ranked 25th because of slow income and employment growth, which more than offset rapid population growth.
The San Francisco-based website began studying the fastest-growing areas in Texas in March. Since then, it has looked at 13 more states as a way to show which areas "have the most opportunities for those looking to relocate within their states," said Jaime Ortiz, a senior strategy analyst for NerdWallet. "Looking at employment and income growth along with population growth shows where those opportunities are."
All of the top 10 Colorado areas on the list are along the Front Range.
NerdWallet attributed Fountain's growth to a construction boom triggered by Fort Carson's expansion that brought new restaurants and shopping centers to the city in recent years.
"We're thrilled, but not surprised. Fountain has been a well-kept secret for a long time," said Lisa Cochrun, Fountain's economic development director. "We have been underserved by retailers and service providers for a long time. We have worked long and hard to put together a strategy to serve our citizens and help the city grow. Everybody has pulled together to move Fountain forward."
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