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1. Dallas – Fort Worth – Arlington, TX Population: 7 million Median household income is $59,530 and the
median age is 35 Largest metropolitan area in the South Economic and cultural hub of the region
commonly called North Texas Known for sporting events, tourism and
manufacturing
2. New York – Newark – Jersey City, NY-NJ-PA Population: 20.1 million Median household income is $67,066 and the
median age is 38 Robust tourism spending and continued job
growth boosted retail sales in the New York City metro in 2016
This metro is now a “peaking” market as demand grows ahead of new supply additions
At the forefront of fashion, glamour and innovation
3. Houston – The Woodlands – Sugar Land, TX Population: 6.5 million Median household income is $60,072 and the
median age is 34 The retail market remains healthy and Houston’s
suburbs continue to expand; “retail always follows rooftops”
Houston ranks second nationally, slightly outpaced by Dallas/Ft. Worth in construction activity
4. Los Angeles – Long Beach – Anaheim, CA Population: 13.3 million Median household income is $60,514 and the
median age is 36 Los Angeles receives more than 10 million
visitors each year with a median age of 36 and a median income of $90,580
Retail trade is the 3rd largest industry in Los Angeles county with total business revenue being $119,111,840,000
5. Atlanta – Sandy Springs – Roswell, GA Population: 5.7 million Median household income is $58,153 and the
median age is 36 Major industries are Financial services,
Technology, and Telecommunications Atlanta remains the largest city in Georgia
with a population of approximately 463,878 and Sandy Springs remains the 7th largest city with 105,330
6. Chicago – Naperville – Elgin, IL-IN-WI Population: 9.6 million Median household income is $61,598 and the
median age is 37 The retail trade industry has a higher rate of
employment than any other industry in Chicago
The best retail growth has been in Kendall County, which experienced a 5 percent increase over the past two years; Kendall is under-served with restaurants
7. Miami – Fort Lauderdale – West Palm Beach, FL Population: 5.9 million Median household income is $48,458 and the
median age is 41 Strong population growth with urbanization
transforming the retail landscape Hospitality/Tourism is the principal industry in
Miami
8. Washington – Arlington – Alexandria, DC-VA-MD-WV Population: 6 Million Median household income is $91,193 and the
median age is 36 Major industries in this metro include Federal
Government, Education, and Tourism An increase in the population and in tech
companies has caused a boom in commercial construction
9. Denver – Aurora – Lakewood, CO Population: 2.8 million Median household income is $66,870 and the
median age is 36 Top industries are Aerospace,
Telecommunications, and Technology #1 on the Forbes list for “Best Places for
Business and Careers”
10. Philadelphia – Camden – Wilmington, PA-NJ-DE-MD Population: 6.1 million Median household income is $62,171 and the
median age is 38 The top industries are Bio-science, Financial
Services, and Tourism Now known as the “18-hour city”