Realtor.com has released its inaugural list of the fastestgrowing neighborhoods in America, based on the increase in thenumber of households, jobs and new homes underconstruction.

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All of the top 10 boomtowns are in major cities or within 20miles of one.

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“The top 10 list has a decided urban tilt,” Jonathan Smoke,chief economist for Realtor.com, said. “This does reflect ashift toward denser and more walkable locations that appeal to boththe young and older demographic segments that are driving today'shousing market.”

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Ryan Fuchs of Ifrah Financial Services in Frisco, Texas, added,“Advisers should view these rankings as another data point … [that]can certainly indicate areas of future growth, which can be anindicator of areas to get clients.”

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He cautioned, however, that “high projected growth … does notnecessarily mean that the people moving in would fit a particularadviser's profile of an ideal or preferred client.”

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In compiling the list, Realtor.com first ranked the single bestcounty in each state, then the 30 best counties from that list, allbased on a balanced growth index for job creation, new constructionstarts and household growth in 2016.

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New construction accounted for 50% of the weight in the index,while household growth and job growth each had a 25% weighting. The10 best neighborhoods in the highest rated counties were thenchosen based on a five-year projection for household growth.

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All of these so-called boomtowns are projected to experiencehousehold growth between 9% and 20% over the next five years. Thereport was based on data from multiple sources including Moody'sAnalytics, Nielsen Demographics and Realtor.com.

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Many of the top-ranked counties today also dominated the housingboom in 2005, according to Smoke. Los Angeles County and CookCounty in Illinois, however, are showing substantially strongergrowth now.

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Here are Realtor.com's top 10 boomtowns in America:

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top 10 boomtowns10. Atlanta

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ZIP Code: 30363

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Neighborhood: The Atlantic Station neighborhood is on thenorthwestern side of midtown Atlanta and near the AtlantaBeltline, a former railway corridor around the core of Atlantathat is being developed as a multi-use trail.

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Projected Five-Year Household Growth: 15.7%

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Housing Starts Growth for County vs. Top 100: 2.3X

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Job Growth for County vs. Top 100: 1.4X

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top 10 boomtowns9. Chicago

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ZIP Code: 60603

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Neighborhood: Home to the Art Institute of Chicago, and east ofSouth Wacker Drive, a major roadway in downtown Chicago, and southand west of the famous Millennium Park, which borders LakeMichigan.

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Projected Five-Year Household Growth: 18.9%

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Housing Starts Growth for County vs. Top 100: 1.4X

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Job Growth for County vs. Top 100: 4.2X

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top 10 boomtowns8. Brooklyn, NewYork

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ZIP Code: 11249

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Neighborhood: The Willimasburg section of Brooklyn was once thehome of hipsters, and now, in this particular ZIP code, the home ofresidents in multimillion-dollar condos along the East Riverwaterfront.

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Projected Five-Year Household Growth: 9.2%

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Housing Starts Growth for County vs. Top 100: 1.9X

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Job Growth for County vs. Top 100: 2.0X

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top 10 boomtowns7. Rolesville, NorthCarolina

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ZIP Code: 27571

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Neighborhood: Rolesville is a suburb about 30 miles outside ofRaleigh, the state capital, with many family farms and, at almost180 years old, a small-town feel.

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Projected Five-Year Household Growth: 12.1%

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Housing Starts Growth for County vs. Top 100: 2.4X

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Job Growth for County vs. Top 100: 1.3X

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top 10 boomtowns6. Seattle

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ZIP Code: 98121

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Neighborhood: The home of the famous Pike Place market on thePuget Sound waterfront, this neghborhood also includes the Seattleacquarium and is due south of the landmark Space Needle.

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Projected Five-Year Household Growth: 11.9%

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Housing Starts Growth for County vs. Top 100: 3.1X

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Job Growth for County vs. Top 100: 2.3X

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top 10 boomtowns5. Las Vegas

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ZIP Code: 89179

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Neighborhood: A residential area south and west of the famousand infamous Las Vegas Strip and east of Red Rock NationalPark.

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Projected Five-Year Household Growth: 19.4%

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Housing Starts Growth for County vs. Top 100: 3.3X

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Job Growth for County vs. Top 100: 2.5X

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Top 10 boomtowns4. Miami

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ZIP Code: 33132

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Neighborhood: Another waterfront neighborhood near downtownMiami, but unlike many others, it's also home to an amphitheaterand sports arena and not the last landmass before a large body ofwater. That would be Miami Beach, due east of this Miamineighborhood.

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Projected Five-Year Household Growth: 14.9%

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Housing Starts Growth for County vs. Top 100: 3.0X

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Job Growth for County vs. Top 100: 4.8X

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top 10 boomtowns3. Dallas

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ZIP Code: 75201

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Neighborhood: A densely populated, affluent residentialneighborhood that is one of several in downtown Dallas where youngpeople have moved in. It's east of the historic West End districtand south of the redeveloped Uptown neighborhood.

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Projected Five-Year Household Growth: 14.9%

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Housing Starts Growth for County vs. Top 100: 3.8X

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Job Growth for County vs. Top 100: 4.5X

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top 10 boomtowns2. Los Angeles

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ZIP Code: 90012

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Neighborhood: Home to the city's Chinatown as well as DodgerStadium and southwest of trendy Silverlake, with home pricessomewhat more affordable than other neighborhoods.

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Projected Five-Year Household Growth: 8.8%

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Housing Starts Growth for County vs. Top 100: 5.0X

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Job Growth for County vs. Top 100: 7.2X

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top 10 boomtowns1. Gilbert,Arizona

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ZIP Code: 85297

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Neighborhood: Located southeast of Phoenix, Gilbert is one ofthe fastest growing towns in America. Its current population is 35times what it was 35 years ago and it sits in Maricopa County,where the most famous, or infamous, resident is Sheriff JoeArpaio.

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Projected Five-Year Household Growth: 15.9%

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Housing Starts Growth for County vs. Top 100: 5.7X

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Job Growth for County vs. Top 100: 5.8X

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