Study: Fort Collins is No. 2 boomtown in America

FORT COLLINS -- Fort Collins is the No. 2 boomtown in America, according to a study by SmartAsset.

SmartAsset said its study looked at 572 of the largest U.S. cities to determine the top 10 boomtowns based on unemployment, GDP growth rate, net migration rate, and housing growth rate.

While many major metro areas in Colorado saw job growth slow in 2016, the study said Fort Collins’ unemployment rate fell to 2.9% in August – far below the national average.

The study also noted Northern Colorado’s population growth in recent years with net migration into Fort Collins among the highest in the study.

In addition, the number of housing units in the city grew by 8.9% between 2014-2015.

Longmont also made SmartAsset’s top 10 list, claiming the No. 4 position.

Longmont made the list for its low unemployment rate (3.5% in August) and steady job growth.

The top 10 boomtowns were: