thanks for visiting cnnmoney.

We're no longer maintaining this page.

For the latest business news and markets data, please visit CNN Business

Fastest growing boomtowns

Rising oil and gas prices have brought big oil, plenty of workers and lots of housing headaches to the nation's fastest-growing boomtowns.

Dickinson, N.D.

boom towns dickinson north dakota
  • Population: 26,771
  • 1-year growth*: 6.5%

Located on the southern edge of the Bakken formation, Dickinson is going through similar growth as Williston.

In fact, out of all metro areas -- large and small -- last year, Williston is the only place in the country where the population grew faster.

Related: Seeking fortune in a Walmart parking lot

Here, too, the influx of job seekers has left the city short on housing. Rents have nearly doubled in three years, with two-bedroom apartments going for $1,600 or more a month.

The number of building permits for single-family homes, more than quadrupled in 2012. "Usually, winter halts construction," said city administrator, Shawn Kessel. "But we've had two pretty mild winters in a row and construction never did stop."

Source: U.S. Census Bureau.
*Rankings are based on the change in annual population estimates for metropolitan and micropolitan areas between July 1, 2011 to July 1, 2012.
  @CNNMoney - Last updated March 19 2013 05:58 AM ET

Partner Offers

Find Homes For Sale

Most Popular

LendingTree