Elk Grove: Fastest Growing Economy in California
According to WalletHub, the City of Elk Grove is the fastest growing economy in California. WalletHub’s analysts compared 515 U.S. cities of varying population sizes based on 14 key indicators of rapid economic growth. The data set — from a period spanning 2009 to 2015 — ranges from “population growth” to “unemployment rate decrease” and “growth in regional GDP per capita.” Although WalletHub categorizes cities based on size (small, medium, large), Elk Grove was ranked highest of all California cities in all three size categories and ranked as having the 11th fastest growing economy in the United States. Read the full report here.