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A Texas Suburb that Saw Its Population Jump by a Third Is the Fastest-Growing City in US

  • Princeton, a suburb located roughly 46 miles north of Dallas, experienced a 30 percent population increase last year, making it the fastest-growing city in the United States in 2024.
  • This growth resulted from hundreds of thousands moving to the Dallas-Fort Worth region, with Princeton’s population more than doubling since 2020 due to affordable housing compared to nearby suburbs.
  • Between 2020 and 2023, Princeton experienced a homebuilding surge that outpaced the total development of the previous ten years combined; however, a 2023 moratorium on new residential projects was implemented to prevent overburdening essential infrastructure such as water, sewage, and emergency services.
  • Mayor Eugene Escobar highlighted affordability as Princeton’s key attraction, pointing out that the median home price is about $325,000, which is considerably less than McKinney’s $500,000 and Frisco’s $685,000. City Manager Michael Mashburn emphasized that the community has a unique opportunity to shape Princeton’s character and quality of life for the years ahead.
  • The rapid population increase strained infrastructure and traffic, but officials are planning carefully to maintain Princeton’s small-town character amid ongoing growth and development pressures.
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A Texas suburb that saw its population jump by a third is the fastest-growing city in US

The town struggled to build roads and infrastructure fast enough as it transforms from a farming community.

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Marshall News Messenger broke the news in on Monday, May 19, 2025.
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