08/27/2024 | Press release | Distributed by Public on 08/27/2024 09:54
Round Rock has been recognized as the No. 15 top city for economic growth in a recent analysis comparing communities with populations under 250,000.
The ranking, published by CoworkingCafe, evaluates cities based on a range of economic indicators including job creation, business expansion and overall economic activity.
Key factors contributing to Round Rock's high ranking include:
Round Rock has seen significant investment in recent years, with notable expansions in the technology and innovative manufacturing sectors. The city's economic development efforts, combined with a favorable business climate and a high quality of life, have made it an attractive destination for companies and investors alike.
According to the analysis, Round Rock performed "well across the board" in comparison to other cities in the same population category:
CoworkingCafe utilized a variety of data points, including population growth, GDP, employment rates, trade activity and other key economic and social indicators in their evaluation. Cities were ranked "based on their total scores, with higher scores indicating better overall performance. The scores reflect each city's performance relative to others within the same population bracket, ensuring a fair comparison."
Full methodology, including more information on data sources utilized, is available online.