thanks for visiting cnnmoney.

We're no longer maintaining this page.

For the latest business news and markets data, please visit CNN Business

10 big, booming cities

New residents are flocking to these 10 cities, which added the largest number of residents between July 2011 and July 2012, according to Census Bureau.

San Diego

ten fastest growing cities san diego
  • Population: 1.3 million
  • New residents: 18,100
  • Percentage gain: 1.4%

San Diego's amazing climate and ocean side location make it a draw for new residents, especially retirees.

Its harbor is home to the largest naval fleet in the world and many defense contractors operate in the area, bringing plenty of jobs. In addition, the city's proximity to Mexico provides jobs in cargo shipping and in servicing the truck traffic to and from Mexico.

To accommodate all of the newcomers, developers have switched from building single-family homes to building more affordable condos and rental apartments, according to Doug Kuczynski of the Demographic Research Unit of California's finance department.

"More than 82% of new homes being built in San Diego are in multi-family buildings," he said. "That increases the population density."

Source: United States Census Bureau.
Cities with the largest numeric increase from July 1, 2011 to July 1, 2012.
  @CNNMoney - Last updated May 24 2013 03:00 PM ET

Partner Offers

Find Homes For Sale

Real Estate Calculator
recalchome

Was my home a good investment?

Find out now

Personal Finance

Most Popular

LendingTree