5 Top-Ranked Economic Growth Cities in Metro Phoenix
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Large, Mid-Size, and Small U.S. Cities Ranked

Mesa, Phoenix, Gilbert, Chandler, and Surprise are all among the top U.S. cities for economic growth, according to a recent analysis from CoworkingCafe. For large cities (500k+), Mesa ranked #1 and Phoenix #3. In mid-size cities (population between 250k-500k), Gilbert ranked #1 and Chandler ranked #3. And in the top-ranked small cities (population under 250k) for economic growth, Surprise ranked #5 in the U.S.

As the U.S. economy continues to navigate the complexities of a post-pandemic world, certain cities have emerged as beacons of prosperity and growth. The national economic landscape is characterized by a resurgence in job creation, an increase in consumer spending and significant technological advancements. Amidst these trends, cities that adapt to changing economic conditions and leverage their unique assets are thriving.

With this in mind, we looked at the latest available data to identify the top cities fostering economic growth. By assessing metrics such as population growth, GDP, employment rates, trade activity, and other economic indicators, we’ve compiled a detailed report showcasing these thriving urban centers. This article will delve into the top cities for economic growth, divided into three sections: small cities with populations under 250,000, mid-sized cities (between 250,000 and 500,00), and large cities (over 500,000).

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Mesa, AZ, leads the list for large cities, driven by impressive gross domestic product (GDP) growth of 38% between 2018 and 2022 and employment growth of 2%. Infrastructure also improved in the four year timeframe in Mesa, registering an uptick of 34%. This robust economic performance can be linked to several strategic initiatives and factors. Mesa’s focus on diversifying its economy has attracted numerous tech companies, bolstering the city’s GDP and creating high-quality jobs. Additionally, the city’s investment in infrastructure, including transportation and public amenities, has made it a more attractive place for businesses and residents alike.

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Phoenix, AZ, ranks third, bolstered by an evolving infrastructure and growing GDP. But those are not the only metrics where Phoenix stands out. 54% more business applications were registered between 2018-2022, reaching an impressive total of 83,305. This surge in entrepreneurial activity has been accompanied by a 2% drop in the unemployment rate, indicating a dynamic but competitive job market.

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Leading the mid-sized city category, Gilbert, AZ, excels with a total score of 67, almost 10 points ahead of runner-up Jersey City. This is mostly driven by a substantial GDP growth of 38%, the second highest among mid-sized cities. One sign that Gilbert is growing beyond expectations is its uptick in infrastructure and housing units. People are choosing Gilbert as a place to move or grow their family more than they did in 2018. As a result, in 2022, the city’s population was 10% higher. Known for its high quality of life, Gilbert offers excellent schools, parks, and a strong sense of community, making it a desirable place to live and work.

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Meanwhile, Chandler, AZ, ranks third for this population bracket. The city has experienced improvements in infrastructure evolution, scoring best for this metric with a 34% growth. Another sign of Chandler’s economic advancement is the 38% uptick in GDP, as it continues to thrive within the Phoenix-Mesa-Chandler metropolitan area. The city’s business-friendly environment and strategic investments have spurred its economic success. Chandler is home to several high-tech manufacturing firms and a growing number of startups, contributing to its dynamic economy.

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Surprise, AZ, rounds out the list, trailing behind Murfreesboro. The city stands out with a 38% uptick in GDP and is ranked 4th among small cities with one of the best- evolving infrastructures. Surprise, Arizona, offers a blend of small-town charm and big-city amenities, making it an attractive place for families, retirees, and businesses alike.

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Cyclic Materials opened its first commercial-scale rare earth magnet recycling facility in @cityofmesa, strengthening the domestic supply of rare earth elements and critical minerals. The company invested more than $30 million in the 144,000-square-foot facility, which will initially create more than 25 jobs. The plant can process up to 25,000 metric tons of end-of-life products containing magnets each year. Cyclic Materials will recover rare earth magnet concentrate through its Mag-Xtract™ process, along with critical materials such as copper, aluminum and steel. Federal, state and local leaders joined company executives to celebrate the facility’s grand opening. #cyclicmaterials #silicondesert #mesaaz #advancedmanufacturing #metrophx
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The Metro Phoenix housing market continues to earn national recognition, with five Valley cities ranking among the country’s 50 best real estate markets, according to a new @wallethub analysis. The Best Real Estate Markets 2026 report determines the best local real estate markets in the U.S. WalletHub compared 300 cities of varying sizes across 17 key indicators of housing-market attractiveness and economic strength. The study places Gilbert at 13, followed by Surprise at 27, Peoria at 42, Tempe at 46 and Chandler at 50.
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Tempe-based Dutch Bros Coffee plans to acquire 51 former Salad and Go locations after the fast-casual chain filed for bankruptcy, with the ongoing cyclosporiasis outbreak contributing to its collapse. Court documents filed Tuesday in federal bankruptcy court identify a Dutch Bros-affiliated LLC as the buyer of dozens of Salad and Go restaurants in Arizona and Nevada, along with leases for additional former locations in Texas and Oklahoma. #saladandgo #dutchbros #dutchbroscoffee #tempeaz #drivethru
Salad and Go filed for Chapter 11 bankruptcy protection Monday and announced it will permanently close all of its locations, serving its final meals Wednesday. The Gilbert-founded drive-thru restaurant chain submitted voluntary bankruptcy petitions in the U.S. Bankruptcy Court for the Southern District of Texas in Houston.

The company said declining consumer demand, rapid expansion challenges, and rising operating costs made its business unsustainable. Salad and Go also said the Cyclospora foodborne illness outbreak in July hurt sales, even though health officials did not link the chain to the contamination. #saladandgo #gilbertaz #cyclospora #bankruptcy #chapter11
@wallethub has released its 2026 Best & Worst Places to Rent report, ranking more than 180 U.S. cities to help renters identify the nation’s top housing markets. The study places @scottsdaleazgov (No. 1), @gilbertyourtown (2), and @cityofchandler (3) at the top of the rankings, with @peoriaazcam (6), @cityofmesa (16), @glendaleaz (17), @cityofphoenixaz (19), and @tempegov (25) also earning spots among the nation’s 25 best cities for renters. #wallethub #houserental #eastvalleyaz #scottsdaleaz #metrophx
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Cyclic Materials opened its first commercial-scale rare earth magnet recycling facility in @cityofmesa, strengthening the domestic supply of rare earth elements and critical minerals. The company invested more than $30 million in the 144,000-square-foot facility, which will initially create more than 25 jobs. The plant can process up to 25,000 metric tons of end-of-life products containing magnets each year. Cyclic Materials will recover rare earth magnet concentrate through its Mag-Xtract™ process, along with critical materials such as copper, aluminum and steel. Federal, state and local leaders joined company executives to celebrate the facility’s grand opening. #cyclicmaterials #silicondesert #mesaaz #advancedmanufacturing #metrophx
Heritage Park (@heritageparkgilbert), a new mixed-use destination taking shape in (@downtowngilbertaz) Gilbert’s Heritage District, has announced its first five tenants. The lineup includes Arizona’s first Popup Bagels (@popupbagels), along with La La Land, Hudson House, Salt & Straw, and @solidcore. Construction continues across the development, with the first businesses expected to open in the second quarter of 2027. #gilbertaz #heritagedistrict #heritagepark #townofgilbert #metrophx
Scottsdale-based @barrett_jackson has launched Digital Select Auctions, a premium online marketplace for curated collector vehicles. The platform allows enthusiasts worldwide to bid during exclusive, timed digital auctions. Barrett-Jackson will oversee each transaction, including holding the money and vehicle title, to provide buyers and sellers with greater confidence. The company will also verify completed sales and apply its auction expertise to the process. The first Digital Select Auction will run Nov. 5-12 at Barrett-Jackson.com. #barrettjackson #autoauction #automobilia #scottsdaleaz #metrophx
The Metro Phoenix housing market continues to earn national recognition, with five Valley cities ranking among the country’s 50 best real estate markets, according to a new @wallethub analysis. The Best Real Estate Markets 2026 report determines the best local real estate markets in the U.S. WalletHub compared 300 cities of varying sizes across 17 key indicators of housing-market attractiveness and economic strength. The study places Gilbert at 13, followed by Surprise at 27, Peoria at 42, Tempe at 46 and Chandler at 50.
#metrophx #realestatemarket2026 #gilbertaz #surpriseaz #peoriaaz
Tempe-based Dutch Bros Coffee plans to acquire 51 former Salad and Go locations after the fast-casual chain filed for bankruptcy, with the ongoing cyclosporiasis outbreak contributing to its collapse. Court documents filed Tuesday in federal bankruptcy court identify a Dutch Bros-affiliated LLC as the buyer of dozens of Salad and Go restaurants in Arizona and Nevada, along with leases for additional former locations in Texas and Oklahoma. #saladandgo #dutchbros #dutchbroscoffee #tempeaz #drivethru
Salad and Go filed for Chapter 11 bankruptcy protection Monday and announced it will permanently close all of its locations, serving its final meals Wednesday. The Gilbert-founded drive-thru restaurant chain submitted voluntary bankruptcy petitions in the U.S. Bankruptcy Court for the Southern District of Texas in Houston.

The company said declining consumer demand, rapid expansion challenges, and rising operating costs made its business unsustainable. Salad and Go also said the Cyclospora foodborne illness outbreak in July hurt sales, even though health officials did not link the chain to the contamination. #saladandgo #gilbertaz #cyclospora #bankruptcy #chapter11
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