Georgetown is the second-fastest growing city in the nation with a population of 50,000 or more, according to data from the U.S. Census Bureau released May 20.

The census estimates the city added 4,168 residents between July 1, 2013, and July 1, 2014, which is a 7.6 percent increase for that year.

According to a news release from the city, the population is expected to continue to grow rapidly. More than 1,200 single-family homes have been platted and more than 1,100 multifamily units have been completed or are near completion, according to the city’s Planning Department. Another 7,855 single-family homes are planned in the city and are expected to be built out in five to 20 years, according to the news release.

Based on an average household size of 2.46 according to the census, the city expects to add 25,055 residents in the next 10 to 20 years, according to the news release.

For more information about the census growth rankings, visit www.census.gov/popest/data/cities/totals/2014/index.html.