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Fischer","kicker":"Slideshow","timeToRead":"1 minute","authors":[{"name":"Michael S. Fischer","webUrl":"/author/profile/michael-s-fischer/"}],"kickerNode":[{"uri":"/slideshow/","sectionName":"Slideshow"}],"categories":[{"channelName":"Kicker","sectionName":"Slideshow","slug":"slideshow-kicker","channelUri":null},{"channelName":"Portfolio|Alternative Investments","sectionName":"Real Estate","slug":"real-estate-portfolio-alternative-investments","channelUri":null},{"channelName":"Portfolio|Economy & Markets","sectionName":"Economic Trends","slug":"economic-trends","channelUri":null},{"channelName":"Retirement Planning|Spending in Retirement","sectionName":"Lifestyle Planning","slug":"lifestyle-planning","channelUri":null}],"prettyDate":"November 06, 2024","pubDate":"2024-11-06 11:49:06.000","readtime":"1","primaryCategory":{"channelName":"Retirement Planning|Spending in Retirement","sectionName":"Lifestyle Planning","uri":"retirement/spending/lifestyle-planning"},"image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2023/09/Happy_Senior_Couple_City_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"For communities with populations between 25,000 and 99,999, AARP assessed such areas as housing, neighborhood, transportation and engagement.","breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Spending in Retirement","uri":"retirement/spending"},{"name":"Lifestyle Planning","uri":"retirement/spending/lifestyle-planning"}]},{"publication":"ThinkAdvisor","baseDomain":"www.thinkadvisor.com","presentedBy":"","uri":"/2024/11/05/top-15-cities-for-the-ultra-wealthy-2024/","title":"Top 15 Cities for the Ultra-Wealthy: 2024","byline":"Michael S. Fischer","kicker":"Slideshow","timeToRead":"3 minute","authors":[{"name":"Michael S. Fischer","webUrl":"/author/profile/michael-s-fischer/"}],"kickerNode":[{"uri":"/slideshow/","sectionName":"Slideshow"}],"categories":[{"channelName":"Kicker","sectionName":"Slideshow","slug":"slideshow-kicker","channelUri":null},{"channelName":"Portfolio|Economy & Markets","sectionName":"Economic Trends","slug":"economic-trends","channelUri":null}],"prettyDate":"November 05, 2024","pubDate":"2024-11-05 12:20:10.000","readtime":"3","primaryCategory":{"channelName":"Portfolio|Economy & Markets","sectionName":"Economic Trends","uri":"investment-portfolio/economy-markets/economic-trends"},"image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/07/Wealthy_Couple_Balcony_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"The club of individuals with liquid investable assets of $100 million has grown by 54% over the decade.","breadcrumb":[{"name":"Portfolio","uri":"investment-portfolio"},{"name":"Economic Trends","uri":"investment-portfolio/economy-markets/economic-trends"}]}]},"articleData":{"uri":"/2016/04/21/the-top-10-boomtowns-in-america-3/","canonicalUrl":"https://www.thinkadvisor.com/2016/04/21/the-top-10-boomtowns-in-america-3/","generatedId":"hei45jehlk","naturalId":"blogAndPostId/blog/post/415-61487","type":"ARTICLE","postFormat":"standard","kickerPresentedBy":null,"breadcrumb":[{"name":"Life Health","uri":"life-health"},{"name":"Life Insurance","uri":"life-health/life-insurance"}],"presentedBy":"","title":"The top 10 ‘boomtowns’ in America","readtime":"6","timeToRead":"6 minute","prettyModified":"","prettyDateTime":"April 21, 2016 at 10:07 AM","needToKnow":[],"byline":"Bernice Napach","showDisclaimer":true,"authors":[{"name":"Bernice Napach","description":"Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine.\r\n\r\nBernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.","imageLarge":"//images.benefitspro.com/contrib/content/uploads/2018/03/Bernice-Napach_avatar_1520401978-136x136.jpg","webUrl":"/author/profile/bernice-napach/"}],"publication":"ThinkAdvisor","kicker":"","kickerNode":[],"prettyDate":"April 21, 2016","pubDate":"2016-04-21 10:07:00.000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"Life Health","sectionName":"Life Insurance","name":"Life Insurance","uri":"life-health/life-insurance","slug":"life-insurance","channelUri":null},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"Realtor.com chose these neighborhoods based on their growth in households, jobs and housing starts.","categories":[],"bodyArray":["<p>Realtor.com has released its inaugural list of the fastest growing neighborhoods in America, based on the increase in the number of households, jobs and new homes under construction. All of the top 10 \"boomtowns\" are in major cities or within 20 miles of one, and three were included in Investopedia's 2015 list of the <strong><a href=\"http://www.lifehealthpro.com/2015/12/04/9-best-us-cities-for-advisors-to-find-clients-2015\">best cities for advisors to find clients</a></strong>.</p>","<p>The top 10 list has \"a decided urban tilt,\" says Jonathan Smoke, chief economist for <a href=\"http://www.realtor.com/\" target=\"_blank\">Realtor.com</a>. \"This does reflect a shift towards denser and more walkable locations that appeal to both the young and older demographic segments that are driving today's housing market.\"</p>","<p>Ryan Fuchs of Ifrah Financial Services in Frisco, Texas, says, \"Advisors should view these rankings as another data point … [that] can certainly indicate areas of future growth, which can be an indicator of areas to get clients.\" He cautions, however, that \"high projected growth … does not necessarily mean that the people moving in would fit a particular advisor's profile of an ideal or preferred client.\"</p>","<div class=\"paywall-content\"><p>In compiling the list, Realtor.com first ranked the single best county in each <a href=\"http://www.lifehealthpro.com/2016/03/11/10-best-states-to-move-to-when-you-retire\"><strong>state</strong></a>, then the 30 best counties from that list, all based on a \"balanced growth\" index for job creation, new construction starts and household growth in 2016.  New construction accounted for 50 percent of the weight in the index, while household growth and job growth each had a 25 percent weighting. The 10 best neighborhoods in the highest rated counties were then chosen based on a five-year projection for household growth. All of these so-called boomtowns are projected to experience household growth between 9 percent and 20 percent over the next five years. The report was based on data from multiple sources including Moody's Analytics, Nielsen Demographics and Realtor.com.</p>","<p>Many of the top-ranked counties today also dominated the housing boom in 2005, according to Smoke. Los Angeles County and Cook County in Illinois, however, are showing substantially stronger growth now.</p>","<p>Here are Realtor.com's top 10 boomtowns in America:</p>","<p> <!-- pagebreak --></p>","<p><strong><img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/georgiaatlantaworldofcokeapmi600.jpg\" alt=\"Atlanta\" width=\"600\"></strong></p>","<h2><strong>10. Atlanta  </strong></h2> <p>ZIP Code: 30363</p>","<p>Neighborhood: The Atlantic Station neighborhood is on the northwestern side of midtown Atlanta and near the Atlanta Beltline, a former railway corridor around the core of Atlanta that is being developed as a multi-use trail. </p>","<p>Housing Starts Growth for County vs. Top 100: 2.3X</p>","<p>Job Growth for County vs. Top 100: 1.4X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img title=\"Buckingham Fountain in Chicago.\" src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.thinkadvisor.com/thinkadvisor/article/2013/10/30/Chicago_Buckingham_Fountain_MI600.jpg\" alt=\"Buckingham Fountain in Chicago.\" width=\"600\" height=\"338\"> </figure> <h2><strong>9. Chicago  </strong></h2> <p>ZIP Code: 11249</p>","<p>Neighborhood: Home to the Art Institute of Chicago, and east of South Wacker Drive, a major roadway in downtown Chicago, and south and west of the famous Millennium Park, which borders Lake Michigan.</p>","<p>Projected 5-Year Household Growth: 18.9 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 1.4X</p>","<p>Job Growth for County vs. Top 100: 4.2X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/newyorkbrooklynmi600.jpg\" alt=\"Brooklyn\" width=\"600\"> </figure> <h2><strong>8. Brooklyn, New York</strong></h2> <p>ZIP Code: 11249</p>","<p>Neighborhood: The Willimasburg section of Brooklyn was once the home of hipsters, and now, in this particular ZIP code, the home of residents in multimillion-dollar condos along the East River waterfront.</p>","<p>Projected 5-Year Household Growth: 9.2 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 1.9X</p>","<p>Job Growth for County vs. Top 100: 2.0X </p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/ncarolinarolesvillemainstreetparkwikimi600.jpg\" alt=\"Rolesville, N.C.\" width=\"600\"> </figure> <h2><strong>7. Rolesville, North Carolina</strong></h2> <p>ZIP Code: 27571</p>","<p>Neighborhood: Rolesville is a suburb about 30 miles outside of Raleigh, the state capital, with many family farms and, at almost 180 years old, a small-town feel.</p>","<p>Projected 5-Year Household Growth: 12.1 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 2.4X</p>","<p>Job Growth for County vs. Top 100: 1.3X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/seattleseahawksfanscheerapmi600.jpg\" alt=\"Seattle\" width=\"600\"> </figure> <h2><strong>6. Seattle</strong></h2> <p>ZIP Code: 98121</p>","<p>Neighborhood: The home of the famous Pike Place market on the Puget Sound waterfront, this neghborhood also includes the Seattle acquarium and is due south of the landmark Space Needle.</p>","<p>Projected 5-Year Household Growth: 11.9 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 3.1X</p>","<p>Job Growth for County vs. Top 100: 2.3X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/nevadalasvegasstripnightmi600.jpg\" alt=\"Las Vegas\" width=\"600\"> </figure> <h2><strong>5. Las Vegas</strong></h2> <p>ZIP Code: 89179</p>","<p>Neighborhood: A residential area south and west of the famous and infamous Las Vegas Strip and east of Red Rock National Park.</p>","<p>Projected 5-Year Household Growth: 19.4 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 3.3X</p>","<p>Job Growth for County vs. Top 100: 2.5X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/floridamiamiskylineapmi600.jpg\" alt=\"Miami\" width=\"600\"> </figure> <h2><strong>4. Miami</strong></h2> <p>ZIP Code: 33132</p>","<p>Neighborhood: Another waterfront neighborhood near downtown Miami, but unlike many others, it's also home to an amphitheater and sports arena and not the last landmass before a large body of water. That would be Miami Beach, due east of this Miami neighborhood.</p>","<p>Projected 5-Year Household Growth: 14.9 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 3.0X</p>","<p>Job Growth for County vs. Top 100: 4.8X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/dallascowboysstadiumapmi600.jpg\" alt=\"Dallas\" width=\"600\"> </figure> <h2><strong>3. Dallas</strong></h2> <p>ZIP Code: 75201</p>","<p>Neighborhood: A densely populated, affluent residential neighborhood that is one of several in downtown Dallas where young people have moved in. It's east of the historic West End district and south of the redeveloped Uptown neighborhood.</p>","<p>Projected 5-Year Household Growth: 14.9 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 3.8X</p>","<p>Job Growth for County vs. Top 100: 4.5X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/hollywood-signmi600.jpg\" alt=\"Los Angeles\" width=\"600\"> </figure> <h2><strong>2. Los Angeles</strong></h2> <p>ZIP Code: 90012</p>","<p>Neighborhood: Home to the city's Chinatown as well as Dodger Stadium and southwest of trendy Silver Lake, with home prices somewhat more affordable than other neighborhoods. </p>","<p>Projected 5-Year Household Growth: 8.8 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 5.0X</p>","<p>Job Growth for County vs. Top 100: 7.2X</p>","<p> <!-- pagebreak --></p> </p>","<p><figure> <img src=\"https://images.thinkadvisor.com/cdn-cgi/image/format=auto,fit=contain/http://media.lifehealthpro.com/lifehealthpro/article/2016/04/21/arizonagilbertheritagedistrictwikimi600.jpg\" alt=\"Gilbert, Arizona\" width=\"600\"> </figure> <h2><strong>1. Gilbert, Arizona</strong></h2> <p>ZIP Code: 85297</p>","<p>Neighborhood: Located southeast of Phoenix, Gilbert is one of the fastest growing towns in America. Its current population is 35 times what it was 35 years ago and its most famous, or infamous, resident is Sheriff Joe Arpaio.</p>","<p>Projected 5-Year Household Growth: 15.9 percent</p>","<p>Housing Starts Growth for County vs. Top 100: 5.7X</p>","<p>Job Growth for County vs. Top 100: 5.8X</p>","<p><strong>See also:</strong></p>","<p><strong><a href=\"http://www.lifehealthpro.com/2015/03/27/the-fastest-growing-us-city-is-a-senior-community\">The fastest-growing U.S. city is a senior community</a></strong></p>","<p><strong><a href=\"http://www.lifehealthpro.com/2016/04/01/the-10-best-worst-states-to-pay-taxes\">The 10 best & worst states to pay taxes</a></strong></p>","<p><strong><a href=\"http://www.lifehealthpro.com/2016/03/21/home-is-where-inflation-is\">Home is where inflation is</a></strong></p>","<p><em> </em></p>","<p><em>You're invited to join us on <a href=\"https://www.facebook.com/LifeHealthPro/\" target=\"_blank\">Facebook</a>.</em></p> </div>"],"slides":[],"video":null},"articlePackages":[],"trendingArticles":{"contents":[{"uri":"/2024/11/01/irs-sets-401k-ira-contribution-limits-for-2025/","title":"IRS Sets 401(k), IRA Contribution Limits for 2025","byline":"Melanie Waddell","summary":"The tax authority also announced changes to catch-up contributions tied to Secure 2.0.","prettyDate":"November 01, 2024","kicker":"News","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2023/11/Retirement_Roth_IRA_401K_Shutter_640x640-1.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Saving for Retirement","uri":"retirement/saving"},{"name":"401(k) Plans","uri":"retirement/saving/401k-plans"}],"primaryCategory":{"name":"401(k) Plans","uri":"retirement/saving/401k-plans","channelName":"Retirement Planning|Saving for Retirement","channelUri":null}},{"uri":"/2024/10/30/fidelity-sued-over-money-market-fund-fees/","title":"Fidelity Sued Over Money 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Artificial intelligence is good at that."},{"uri":"/2024/10/31/11-risks-that-make-investors-shiver/","title":"11 News Topics That Make Investors Nervous","byline":"Allison Bell","prettyDate":"October 31, 2024","readtime":"1","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/10/2023-8-15-couple-91647797_Thinkstock_640x640.jpg","width":"640","height":"640"},"summary":"Some current events are making clients reconsider the amount of risk they're willing to take, a new survey finds."},{"uri":"/2024/10/31/millionaire-tax-vote-opens-door-to-new-clash-over-chicago-wealth/","title":"Millionaire Tax Vote Opens Door to New Clash Over Chicago Wealth","byline":"Miranda Davis","prettyDate":"October 31, 2024","readtime":"5","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/08/01_Tax_Money_Coins_Shutter_640x640.jpg","width":"640","height":"640"},"summary":"Illinois voters will weigh in on a proposed extra levy of 3% on annual incomes of over $1 million that aims to lower property taxes."},{"uri":"/2024/10/30/8-ivy-league-colleges-endowment-returns-ranked-2024/","title":"8 Ivy League Colleges' Endowment Returns, Ranked: 2024","byline":"Michael S. 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