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ATLANTA -- Atlanta ranked No. 12 onForbes'of America's Fastest-Growing Cities 2014.The list is a compilation of the 20 fastest growing metro areas in America in terms of population and economy.

Austin, Texas tops this year's list with a population growth rate of 2.5%. Forbes reported Atlanta had a median pay of $62,500. A growth rate of 1.27 percent and an unemployment rate of 7.07 percent.

Here are the Top 5 Fastest-Growing Cities:

Austin, Texas
Raleigh, N.C.
Phoenix, Ariz.
Dallas, Texas
Salt Lake City, Utah

To compile the list Forbes began with the 100 most populous Metropolitan Statistical Areas (MSAs) in the U.S. We rated these places based on six metrics. Using data from Moody's Analytics, we assessed the estimated rates of population growth for 2013 and 2014, year-over-year job growth for 2013, and the rate of gross metro product growth-a.k.a. the economic growth rate--for 2013, Forbes said.

For the complete list, clickhere.

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