With 2021 winding to a close, and the Census Bureau’s annual American Community Survey results delayed due to COVID-related collection issues, now seems a good time to re-visit the 2020 metropolitan statistical area (MSA) population estimates released by the Census Bureau a bit earlier this year.
Population change is, of course, a vital metric for the multifamily industry. The latest annual data largely represents a continuation of a trend that has been in place over the last decade, and one that has strengthened over the last five years. Population change and migration will be the subject of an upcoming blog post, but for now, the 2020 estimates will be the latest installment of ALN’s Top 5 series.
Top 5 Markets – Population Change
| MSA Name | Population Change |
|---|---|
| Dallas - Fort Worth, TX | 119,748 |
| Phoenix, AZ | 106,008 |
| Houston, TX | 91,078 |
| Austin, TX | 67,197 |
| Atlanta, GA | 60,531 |
Top 5 Markets – Population Percent Change
| MSA Name | Population Change (%) |
|---|---|
| The Villages, FL | 3.9% |
| St. George, UT | 3.9% |
| Myrtle Beach - Conway, SC - NC | 3.4% |
| Austin, TX | 3.0% |
| Coeur d'Alene, ID | 3.0% |
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