04/17/2014 08:44 am ET Updated Apr 17, 2014

The 10 Fastest-Growing Cities In The Country, According To CNN Money (PHOTOS)

It's no secret that passing up the suburbs for the "urbs" often equates to passing up on personal space. But, if you end up heading to one of these rapidly-growing metros in the next year or so, you might just find yourself even closer to your neighbor than you ever could have expected.

According to a report from CNN Money, which compiled the latest data from the U.S. Census Bureau to determine the largest percentage population growth in metro areas with a population of one million or more (see below for more details), these places are leading the way.

So if you really want to be where the people are (or at least where they're heading), these 10 metros might be the place to start home hunting. And if popularity isn't reason enough, at least consider theses ares for their booming businesses and industries, appealing housing prices and unprecedentedly low unemployment rates.

  • 10 Phoenix, Arizona
    <strong>Population:</strong> 4.4 million
<br><strong>Percent Gain:</strong> 1.6
<br><strong>New Residents:</strong> 71,130
    Population: 4.4 million
    Percent Gain: 1.6
    New Residents: 71,130

    Reasons For Growth: Post-foreclosure crisis home price increases and growth in the renewable energy, aerospace, biomedical and business services industries
  • 9 Oklahoma City, Oklahoma
    <strong>Population:</strong> 1.3 million
<br><strong>Percent Gain:</strong> 1.7
<br><strong>New Residents:</strong> 22,280
    Population: 1.3 million
    Percent Gain: 1.7
    New Residents: 22,280

    Reasons For Growth: Expansion and growth of jobs in the oil industry
  • 8 Charlotte, North Carolina
    <strong>Population:</strong> 2.3 million
<br><strong>Percent Gain:</strong> 1.8
<br><strong>New Residents:</strong> 40,368
    Population: 2.3 million
    Percent Gain: 1.8
    New Residents: 40,368

    Reasons For Growth: Home to the second biggest banking center in the country behind New York, which has resulted in job creation through financial spinoffs
  • 7 Nashville, Tennessee
    <strong>Population:</strong> 1.8 million
<br><strong>Percent Gain:</strong> 1.8
<br><strong>New Residents:</strong> 31,153
    Population: 1.8 million
    Percent Gain: 1.8
    New Residents: 31,153

    Reasons For Growth: Thriving music industry, a host of big healthcare employers and a major start-up scene and a reasonable cost of living
  • 6 Denver, Colorado
    <strong>Population:</strong> 2.7 million
<br><strong>Percent Gain:</strong> 1.9
<br><strong>New Residents:</strong> 50,728
    Population: 2.7 million
    Percent Gain: 1.9
    New Residents: 50,728

    Reasons For Growth: Quality outdoor activity, growth in hiring sectors such as mining and energy, construction, professional and business services and education and healthcare services, improving unemployment rate and relatively affordable home prices
  • 5 San Antonio, Texas
    <strong>Population:</strong> 2.3 million
<br><strong>Percent Gain:</strong> 1.9
<br><strong>New Residents:</strong> 43,056
    Population: 2.3 million
    Percent Gain: 1.9
    New Residents: 43,056

    Reasons For Growth: Booming oil industry and diversified economy which serves as a major source of jobs, all at a young age, which helps boost the local population
  • 4 Orlando, Florida
    <strong>Population:</strong> 2.3 million
<br><strong>Percent Gain:</strong> 2
<br><strong>New Residents:</strong> 44,390
    Population: 2.3 million
    Percent Gain: 2
    New Residents: 44,390

    Reasons For Growth: Growth in the tourism industry, increasing fields of modeling and simulation, home to major industrial sites and affordable homes relative to the national average
  • 3 Raleigh, North Carolina
    <strong>Population:</strong> 1.2 million
<br><strong>Percent Gain:</strong> 2.2
<br><strong>New Residents:</strong> 26,012
    Population: 1.2 million
    Percent Gain: 2.2
    New Residents: 26,012

    Reasons For Growth: Houses major tech companies and universities, low unemployment rate and relatively affordable housing
  • 2 Houston, Texas
    <strong>Population:</strong><br><strong>Percent Gain:</strong><br><strong>New Residents:</strong><br><br><strong>Reasons For
    Percent Gain:
    New Residents:

    Reasons For Growth: Affordable housing, booming oil and gas industries and growing port industries
  • 1 Austin, Texas
    <strong>Population:</strong> 1.9 million
<br><strong>Percent Gain:</strong> 2.6
<br><strong>New Residents:</strong> 47,941
    Population: 1.9 million
    Percent Gain: 2.6
    New Residents: 47,941

    Reasons For Growth: Home to a thriving university town, a youthful and culturally growing music and startup scene and low rates of unemployment

Source: Based on U.S. Census Bureau population data for July 1, 2012 through July 1, 2013. Rankings are based on largest percentage population growth in metro areas with a population of one million or more.

To discover more details of the report, head over to CNNMoney.

More from CNNMoney:

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