fastest growing metro areas houston
  • Population: 6.3 million
  • % gain : 2.2%
  • New residents: 137,782

Oil and gas have long kept Houston humming. But these days -- with oil prices hovering around $100 a barrel -- the city is booming.

"The recent oil surge going on in Texas is generating major job gains," said Ray Perryman, a regional economist and founder of The Perryman Group.

Related: Cost of living: How far will my salary go in another city?

But it's not just the energy sector that's hiring. A major port city, Houston is also home to several manufacturing, transportation, aerospace and medical research companies as well.

Newcomers will find homes affordable, too: The median home price in Houston is about $195,000, about $10,000 less than the national median.

March 27 2014 12:25 AM ET
Source: Based on U.S. Census Bureau population data for July 1, 2012 through July 1, 2013. Rankings are based on largest percentage population growth in metro areas with a population of one million or more.

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