The top spot goes to the metro area of Austin-Round Rock-San Marcos, a rising technology center. Austin came in second with job growth over the last five years, due in large part to a diversified technology base. Homegrown tech companies like Dell, National Instruments, and Flextronics complement incoming companies like Apple and IBM (which both now have large bases in Austin), as well as start-ups coming out of the University of Texas Campus.
The city is extremely business-friendly with a low tax, low regulation environment that makes it attractive to out-of-state firms. All of the tech hustle and bustle has led to an influx of young professionals, which has led to a boom in construction.
Austin looks to maintain its high-flying output over the next five years as it focuses on clean technology, data centers, digital media, biosciences, and other industries.
Read more: http://www.businessinsider.com/best-performing-us-cities-of-2013-2014-1?op=1#ixzz2qIjeL8dO