Small City Economic Dynamism Index
- Community Development Finance
- Local Economic Development
The Small City Economic Dynamism Index provides a snapshot of the economic trajectory and current conditions of 816 small and midsized cities across the United States. It includes 13 indicators of economic dynamism for metropolitan and micropolitan areas with populations above 12,000 and below 500,000.
Use the check boxes in the first tab below to select up to five cities. The map and charts on the four other tabs will update based on your selections. Selecting "(All)" on the "Overall Index" tab will display all 816 metro and micropolitan areas on the map but will depopulate the charts on the other tabs. Select the appropriate "US Median" boxes to compare cities with similarly sized ones across the country.
This version of the Small City Economic Dynamism Index has been updated with more than 400 new cities, the most recent data available, and it displays more years of data to better illustrate changes over time.
- The index is an interactive data set focused on local and regional economies.
- The index ranks all 816 small and midsized U.S. cities, defined as micropolitan (with an urban core of 10,000 to below 50,000 population) or metropolitan (with 50,000 to below 500,000 population) using data at the micropolitan or metropolitan region level.
- Economic dynamism is the potential of a place to generate positive economic performance.
- It is assessed by changes in 13 indicators in four categories: demographics, economics, human and social capital, and infrastructure.
The Small City Economic Dynamism Index was developed to provide a snapshot of the economic trajectory and current conditions of small and midsized U.S. cities. To create the index, we extracted data on 816 metro and micro areas with populations of less than 500,000. We use data on micropolitan and metropolitan areas to allow for a broader understanding of a city's regional economy, and to allow for greater data availability. Economic dynamism is measured by changes in 13 indicators across four dimensions: demographics, economics, human and social capital, and infrastructure. Details on the index such as its component indicators, sources, literature, methodology, and references are described in the link below.