McAllen is number one in the list of boomtowns cities of rising salaries, according to CNBC. The ranking comes from CNBC the top 10 cities in Magnify Money’s Top 10 of the biggest boomtowns in the United States. These cities identify where populations have been growing, as well as median wages rising. That methodology looked at three categories: population and housing; workforce and earnings; and business growth over a five-year period.

The first factor under review was how much both business and industry have grown locally. Researchers wanted to know how many new businesses there are, and how businesses in general are doing, as measured by their increase in hiring. For businesses that don’t have employees, known as non-employers, this includes how much revenue has increased.

“This is an incredible testament to the opportunity available here in McAllen,” said City of McAllen Mayor Jim Darling. “This represents the dynamic partnership that exists between the business community and local government to do the type of things that attract people and industry to our city.”

McAllen’s growing workforce and rising wages as well as employment opportunities are key to McAllen’s ranking on the list. People generally enter a local workforce because they seek better opportunities. Researchers wanted to see how that changed, along with improvements to the unemployment rate and the increase in earnings. McAllen’s civilian labor workforce grew by 8.7 percent, as overall, it’s unemployment rate has decreased by 10.9 percent. Add to that the median earnings for workers increased by 18.4 percent.

“The City of McAllen is committed to providing an environment for successful developments and projects through customer friendly processes,” said City of McAllen City Manager Roel “Roy” Rodriguez. “This ensures a prosperous business environment for companies to open and expand, attracting more employees and customers. It’s a win-win for us all.”