U.S. Census Bureau Releases State Growth Estimates: NY & NJ Holding Steady, West and South Growing Quickest
WASHINGTON, D.C — Americans are flocking to the coasts and seeking good weather. This according to the U.S. Census Bureau’s latest population estimates, who found that the fastest-growing states by percentage of population are Idaho, Nevada, Utah, Washington, Florida, Arizona, Texas, Washington, D.C., Colorado, and Oregon. In terms of numeric growth, the top ten states are Texas, Florida, California, Washington, North Carolina, Georgia, Arizona, Colorado, Tennessee, and South Carolina.
Most of the fastest-growing states are largely concentrated in the South and the West, home to 38% of the United States population. Conversely, states in the Northern and the Eastern regions of the U.S. grew less quickly.
Idaho is the unlikely dark horse among all fifty states – its population rose a full 2.2%, accounting for 36,917 new residents. Idaho maintained its position as the 39th most populous state. Wyoming is the slowest-growing state, losing 1% of its population (equivalent to a net-loss of 5,595 residents) and maintained its position as the least populated state.
New Jersey’s population grew from 8,978,416 inhabitants on July 1, 2016 to 9,0005,644 as of July 1, 2017, accounting for a .3% change, equivalent to 27,228 new residents. New Jersey kept its place as the 11th most populous state in the U.S., and was 22nd in terms of numeric change year over year, and 33nd in terms of percentage change year over year.
New York’s population grew from 19,836,286 residents on July 1, 2016 to 19,849,399 as of July 1, 2017, accounting for a .1% change, equivalent to 13,113 new residents. New York maintained is ranking of the 4th most populate state in the U.S., but ranked 30th in terms of numeric change year over year, and 41st in percentage change year over year.
For more on the changing demographics in New Jersey and New York, check out previous CapRE Insider Reports:
- Location, Demographics, Workforce: Last Mile Facilities Are Completely Different From Big-Box Suburban Warehouses
- Q&A with Brian Philipson, Urban Square Properties: Shifting Demographics Good for New Jersey Multi-Family, Keep an Eye on Empty Nesters
- New Jersey Apartment Summit: New Jersey Demographics Changing Quickly, Transitioning to European Model