Which Indiana metro area is the fastest growing in the U.S.? A new study has the answer.

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Which Indiana metro area is the fastest growing in the U.S.? A new study has the answer.

LAFAYETTE, Ind. — In a study focusing on

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in metropolitan areas across the United States, the Lafayette-West Lafayette area took the top spot as the fastest growing community.

The study, conducted by California-based company

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, utilized building permit data, focusing on new housing permits, filed between January and February of this year, according to a news release.

Ranking the 30 top spots for “fastest growing construction” across the U.S., here’s how the study’s findings came about.

How did Lafayette-West Lafayette rank as the fastest-growing metro?

The data used in the study, the release said, was collected through the Bureau of Economic Analysis, Building Permit Survey within the U.S. Census Bureau and residential data through the U.S. Census.

Additionally, the release said 2023 data retrieved from the Bureau of Economic Analysis was used to calculate construction-related GDP as a percentage of the metro area’s total GDP, to determine the proportion of funds each area was allocating towards housing growth and investment within the *******.

The data concluded the Lafayette-West Lafayette metropolitan area secured the top spot, with a total of 630 new privately-owned housing units filed per 100,000 people in the two month time *******. That number saw a significant gap between the second place spot of Carson City, Nevada, with 429 housing permits filed per 100,000 people.

Did any other Indiana cities make the list?

The study saw only one other Indiana city make the top 30 list, with Bloomington coming in at 18 with 177 housing permits filed per 100,000 people.

S-Line Contractors spokesperson Sam Bitar said in the release the data was positive news for the “rapidly expanding locales” as the data showed robust economic vitality.

“The housing market may feel stagnant right now in many places across the US, but these cities are operating against the trend,” Bitar said. “A high number of new residences reflects both an increase in residential demand and the willingness of local government to devote the necessary funds to developing these areas.”

What other U.S. cities made the fastest-growing metro list?

Here is the order, ranking 1-30, of U.S. cities identified in the study as “fastest growing.”

Lafayette-West Lafayette, Indiana

Cape Coral-Fort Myers, Florida

Greenville, North Carolina

Wilmington, North Carolina

Lakeland-Winter Haven, Florida

Naples-Marco Island, Florida

Lake Havasu City-Kingman, Arizona; Crestview-Fort Walton Beach-Destin, Florida

Daphne-Fairhope-Foley, Alabama; Orlando-Kissimmee-Sanford, Florida; Homosassa Springs, Florida

Burlington, North Carolina; Fayetteville-Springdale-Rogers, Arkansas

Raleigh-Cary, North Carolina

Charleston-North Charleston, South Carolina; Harrisonburg, Virginia

Durham-Chapel Hill, North Carolina

Hickory-Lenoir-Morganton, North Carolina; Charlotte-Concord-Gastonia, North Carolina

Nashville-Davidson-Murfreesboro-Franklin, Tennessee

Des Moines-West Des Moines, Iowa

Spartanburg, South Carolina

Jillian Ellison is a reporter for the Journal & Courier. She can be reached via email at *****@*****.tld.

This article originally appeared on Lafayette Journal & Courier:

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