We’ve recently posted data from two national moving companies about where American’s are moving to and from. The NAHB’s Eye on Housing blog recently took data from the U.S. Census Bureau to show exactly where America’s population is growing and how the South and West are the big gainers. They report that the U.S. population grew by 2.3 million people between 7/1/16 & 7/1/17 and now sits at an estimated 325.7 million; representing a 0.7% increase.
Despite some volatility, U.S. population growth has been slowly declining since 1992 as shown by the chart below. Over the 1990 to 1999 period the average annual growth of the US population was 1.2%. During the 2000-2009 period, the average annual growth slowed to 1.0%. However, population growth broadly accelerated between 2003 and 2006. During the 2010-2017 period, annual growth averaged 0.8%.
Click here to read the full analysis on the NAHB’s Eye on Housing.
