According to a company called ‘smartasset’ Indio is number 18 on the list of 2021 Boomtowns in America. The online financial information provider ranked cities based on business growth, housing growth, and change in household income.
Indio was the only California city included in the top 30 cities, and scored an 89.4 out of a possible index of 100 points.
According to ‘smartasset’, the country’s 500 largest cities were ranked by population change, average yearly GDP growth, and five-year housing growth. The City of Indio currently has nearly 4,300 new housing units planned or under construction. 405 new single-family home permits have been issued so far in 2021 with total valuation of $65.92 million.
Barcelona homes being built by Beazer Homes in Indio CA
Photo from City of Indio CA