2018 Best-Performing Cities | large-cities
Best-Performing Cities
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Large Cities 2018

Dallas-Plano-Irving, TX MD

Overall Rank: 5      Population: 4,911,000

Dallas-Plano-Irving, TX, ranks fifth, down two spots on this year’s index. Although the metro did not place in the Top 10 for any of our growth metrics, the combination of a robust and diverse high-tech industry and solid growth in jobs and wages across all the one-year, five-year, and 12-month measures reveals the broad-based vitality of the Dallas- Plano-Irving regional economy. The metro gained 14,000 positions responsible for the management of companies and enterprises between 2012 and 2017, more than any other region in the U.S. and underscoring how attractive the location is for global and regional headquarters. Dallas-Plano- Irving also added 37,800 administrative and support service jobs over the same five-year period, and 5,200 in 2017 alone. McKesson Corporation, a California based pharmaceutical firm, moved its U.S. Pharmaceutical Group to Irving in 2017, bringing 1,200 employees to regional offices.37 Leadership cited the business climate as a crucial draw to the region. These headquarter jobs create demand for services and contribute to job creation across the high-, mid-, and lowwage categories.

Metro's Performance in Each Index Component

Component 2013 2014 2015 2016 2017 2018 Score/
Value
5-yr Job Growth1 21  28  11  12  12  14  108.98 
1-yr Job Growth2 26  40  14  15  20  101.22 
5-yr Wages & Salaries Growth3 48  48  30  15  25  14  110.00 
1-yr Wages & Salaries Growth4 22  20  48  24  14  37  102.17 
Short-Term Job Growth5 16  13  17  10  25  15  101.97% 
5-yr Relative HT GDP Growth6 52  68  34  28  30  13  118.55 
1-yr Relative HT GDP Growth7 75  57  47  47  34  27  102.62 
High-Tech GDP LQ8 24  32  29  27  25  24  1.46 
# of HT GDP LQs Over 19 19  12  12  21  12.0 

2017-2018 Growth Comparison (by score)