The area's white population appears pretty flat in this scenario, while the Hispanic population rises steadily above 3 million by 2030. are occupied by their owners. Welcome to the official website of the Active 20-30 Club of Phoenix, the oldest philanthropic organization in the valley dedicated to serving underprivileged children. Arecentreport from ASUs Kyl Center for Water Policysaysthere likelywont beenough wateravailablefrom the Central Arizona Project in the long term to replenish the groundwater used by all of the homes that are being planned. Among those working part-time, it was 18.07%, and for those that did not work, the poverty rate was 26.6%. Mesa, Arizona is the 2nd largest city on this list and is the 3rd largest city in the state. 2010 Population: 25,259 2020 Population: 32,093 Population Growth: +6,834 (27%) Location: Check on Google Maps. Email. DANIEL SLIM/AFP via Getty Images Phoenix has added 163,000 residents over the span of . Annual Growth Rates. The U.S. Census Bureau estimates that by 2030 the population of Phoenix will grow to 2.2 million, and the population of the metro area will reach 6.3 million. Average male age is 31 and average female age is 33, so average resident age is 32. If Arizonas college attainment rate continues to lag behind the national average, it will be very difficult to close the income gap. The increase in net earnings from work was a bit disappointing, given that the states minimum wage increased substantially in January. This Houston-adjacent community is projecting an extreme population increase, reflecting the rapid population growth of the state . Approximately 10.9% of the resident are over 62. Average Hourly Earnings Compare Western States and U.S. Average Hourly Earnings Compare Select Western Metros. What are the education levels among Phoenix, Arizona residents? Steady job gains translate into continued income growth, which is forecast to average 2.6% per year during the next 30 years, after adjustment for inflation. However, as the exhibit shows, Arizona is forecast to far outpace the national average rate of 0.7% per year. Copyright 2022 The Arizona Board of Regents on behalf of The University of Arizona. Phoenix city Pinal County Maricopa County Phoenix metro area Arizona United States Dec-21 Dec-22 Source: U.S. BLS, Local Area Unemployment Statistics. Renters occupy 45.6% of housing units in They have the Suns for basketball, the Cardinals for football, the Diamondbacks for baseball, and the Coyotes for hockey. More. The racial demographics of Phoenix are 72.9% White, 10.0% Other, 7.1% Black, 3.9% Two or more races, 3.8% Asian, 2.1% American Indian and 0.2% Native Hawaiian or Other Pacific Islander. It has more than doubled its population over the last 10 years and we see no reason why it wont continue to expand. Additionally, the city has been investing a lot of resources into improving its infrastructure to keep up with the demand, which is very nice to see. residents in the non-military labor force The metro area population of Tucson in 2022 was 1,003,000, a 1.01% increase from 2021. The population in 2000 was approximately 3.25 million, and has now reached almost 4.4 million which is a 35% increase of that time period. have a graduate or professional degree. The 21st annual Digital Cities Survey examines the overall technology programs and plans of the city. This small town is located just north of Eloy, and is also about 1 hour from Phoenix and Tucson. About 35% of the Valley's current population lives in Phoenix, 34% live in the East Valley, 22% in the West Valley and 10% in Pinal County, according to MAG. The non-English language spoken by the largest group is Spanish, which is spoken by 30.41% of the population. . Population projections are made for July 1 of each year in the projection period. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. Phoenix remained on Forbes' list but dropped to number 11. United Nations population projections are also included through the year 2035. Finally, water remains a concern for the long run. We believe using the recent years figures (see the table in next section) will make the estimation more accurate. United Nations population projections are also included through the year 2035. Phoenix has maintained rapid and sustained growth, and its location in a wide valley allows neighborhoods to be built with houses that can have a lot of space around them. Greater Phoenix consistently ranks among the nations top cities in the number of Five Diamond and Four Diamond and Five Star and Four Star resorts. Its proximity to Phoenix also allows it to benefit from the state capitals job market and entertainment scene, making it easy to see why this well-rounded place to live is one of the fastest growing cities in Arizona. 2030: 8.5 billion; 2050: 9.7 billion; 2100: 10.9 billion; In contrast, IHME paints a different picture. It's also the most populous state capital and the center of the Phoenix metropolitan area (or the Valley of the Sun), which is home to over 4.5 million people in 2016. Lots of workers were moving to Phoenix to take advantage of employment opportunities there, which contributes to the population growth. . WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 15, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. In the long-run, the risks to the outlook revolve around the major drivers of economic development: labor force growth, productivity and innovation, investment in the physical capital stock, and human capital development. You can also define age groups (eg. More. JLLs LaSalle Buys Apartments Near Chandler as Outside Investors Focus on Greater Phoenix Complexes. However, gains are coming at a slow pace compared to the states own history. Email. Phoenix outgrew its form of government by 1881 and incorporated, and the population experienced high growth with the railroads in the 1880s. It is the fifth most populous city in the United States, the most populous state capital in the country, and the only U.S. state capital with a population of more . CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Similarly, a U.S. Census report in 2010 concluded Phoenix would not pass Philadelphia to become America's fifth-largest city by population until 2034. Looking back last eleven years of Phoenixs population, the growth rate is strong and consistent ranging from 1.18% to 2.53%, adding around 18,000 to 39,000 people each year to the overall population. The planned projects were identified and prioritized based on street condition assessment data, field evaluations and public input. The Economic and Business Research Center has been tracking firm announcements related to employment change since 1999. Builders cant bring homes to market fast enough to meet demand now, Arizona housing analyst Jim Belfiore said at theevent. Wickenburg is the smallest town on our list, but it may not stay that way for long. Between 2019 and 2020 the population of Phoenix, AZ grew from 1.63M to 1.66M, a 1.56% increase and its median household income grew from $57,459 to $60,914, a 6.01% increase. Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages. Based on our research, Phoenix population will reach 1.81 million by 1st July of 2023. The Grand Canyon State has been quite popular in the last decade and it has expanded at the 10th fastest rate among all states since 2010. Annual Growth Rates. 5-10,11-15,20-22,45,51), which will be aggregated. The 7 Best Places to Live in Northern Arizona for 2022, What a $60,000 Salary Can Get You in Different Arizona Cities, The 16 Best Places to Live in Arizona in 2022, Phoenix vs Tucson 2022 Full Guide for Living & Traveling, Flagstaff vs Sedona 2022 Comparison for Visiting & Living, The 12 Best Resorts in the West for Every Budget. 130,300 units. . Service-providing sectors account for most of Arizonas job growth during the forecast. The billion-dollar question is where all those new residents will live. Overall, the population of New York, Los Angeles and Chicago is expected to grow less than 9 percent, less than one half their 19 percent 2010 overall share of the urban population reported by the UN. It also ranks the 5th most populated city in US after New York City, Los Angeles, Chicago and Houston. In 25 years, metro Phoenix is . In 25 years, metro Phoenix is expected to grow to 7 million people. 2010 Population: 6,363 2020 Population: 7,990 Population Growth: +1,627 (26%) Location: Check on Google Maps. That will be like adding a city the size of San Jose, California or Austin, Texas to the Valley. Demographics (aging of the baby boom generation) is likely playing a role here, and this will continue to be an issue in the long run. . 1.4 Population Density-2030 Figure 1-8 Greater Phoenix Population Density 2030 Source: Maricopa Association of Governments, 2003. I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. Phoenix vs Tucson - Overview. . About 35% of the Valley's current population lives in Phoenix, 34% live in the East Valley, 22% in the West Valley and 10% in Pinal County, according to MAG. Arizona continues to add jobs, income, and residents at a faster pace than the nation. 2022-2060 STATE AND COUNTY POPULATION PROJECTIONS. 1:41. Its projected 2025 population of 6.9 million will elevate it to seventh place, up from 13th in 2005. The growth is expected to shift with the population spread out like this: 30% living in Phoenix, 27% in the East . Phoenix is the largest city and capital of the state of Arizona. Why is Goodyear, Arizona getting so popular? It projects the population to actually peak at 9.7 billion in 2064. Call me if you want to see a map with what is in the Construction Pipeline for Apartments. The voting age population is 49.1% male and 50.9% female. WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 8, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. Indeed, average wages per worker (calculated as total wage and salary disbursements divided by total nonfarm jobs) rose just 1.8% over the year. While job growth performance has not been particularly rapid so far this year, the buzz related to employment change has been unusually strong. Phoenix, Arizona is growing somewhat quickly; To maintain a sound accurate population growth model consistent with sound demographic projection principles for counties and jurisdictions within Arizona and the state as a whole. On a per-household basis, Phoenix, Arizona is the 5th largest city in the US. Living in Sedona, AZ Pros and Cons, 8 Best Small Towns in Texas to Raise a Family in 2023 Safe & Great Schools, The 9 Cheapest and Safest Places to Live in California in 2023, The 8 Best Areas to Stay in San Francisco Without a Car. All rights reserved. It looks like your browser does not have JavaScript enabled. Phoenix Population Review. The following links provide data for this topic: According to legend, Phoenix gets its name from Cambridge-educated pioneer Darrell Duppa, who saw the ruins and prehistoric canals of the Hohokam and believed another civilization would rise from the ashes. Arizona Population News Articles. Arizona Third Quarter Economic Outlook Update Employment Compare Western States and U.S. Employment Compare Select Western Metros. 30-Year Long-run Forecast Horizon, By George W. Hammond, Ph.D. By 1950, Phoenix was home to 100,000 people in the city and thousands in surrounding areas, and it continued to attract new business and become a popular tourist destination. 2010 Population: 65,275 2020 Population: 92,736 Population Growth: +27,461 (42%) Location: Check on Google Maps. New estimates show that world population may begin shrinking in coming years. Exhibit 2 shows the long-run history and forecast for Arizona and U.S. job growth. Additionally, 42.6% of the population identifies as Hispanic. Since 2010, this city has seen some strong growth, especially after being named one of the top 50 cities to live in America by Money Magazine. It is a haven for nature lovers, as it sits right on the Gila River and is close to many large parks like Skyline Regional Park and Estrella Mountain Regional Park. WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 15, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. an active broadband internet connection. Voices, experts and personalities on the right and the left. AMAZING!!! 2.6% speak an Indo-European language, and Foreign born or Population born outside the US are 337,352, out of these 128,309 are Naturalised US citizen, 17,188 are in Europe, 31,535 in Asia, 10,047 in Africa, 65,942 in Latin America and 2,257 . Please check your download folder. The interactive map shows the location of each community (10+ units) and each location is color coded by the size (number of total units). Weekly Industrial Sales to February 17, 2023 / Phoenix / Maricopa and Pinal County Arizona. Tucson is forecast to add 227,000 residents, which translates into growth of 0.7% per year on average. A 2005 prediction for the cities with downtowns separated by 120 miles didn't seem far fetched when proclaimed by growth experts during the . Metro Phoenixs relatively affordable housing prices have long driven the regions growth. 3. There are now over 7 million people living in Arizonas peaceful desert cities and towns, which is an increase of almost 12% since 2010. The Tucson MSA added just 700 jobs over the year, for 0.2% growth. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 0:00. Two metrics determine the change in the world population: the number of babies born and the number of people dying. Reasons to Consider me for Commercial Referrals, Delivering the New Standard of Excellence in Commercial Real Estate. Arizona water officials worry about future access to Colorado River - September 13, 2022. Among those aged 16 and older, 67.2% of Map of Phoenix, United States. This small town is not so small anymore. In addition to the medium series that we deem as the most likely scenario, we also produced a low series and a high series. ARE YOU READY TO SELL OR PURCHASE YOUR INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR LAND in Phoenix, Maricopa County and Pinal County, Arizona, please call me. Phoenix's fastest-growing boomburb was Chandler, shown in these images from NASA's Landsat 5 satellite on November 7, 1989 (top), and October 29, 2009 (bottom). 2032 5,171,000. 50.2 percent of the Phoenix population is male and 49.8 percent are female. In 2007, it became the second-fastest growing metro area in the US after Las Vegas with a growth of 24%, but it was one of the hardest hit areas during the subprime mortgage crisis. But that would be up to Valley cities. Please contact me. Phoenix is considered to have one of the best culinary scenes in the country. The unemployment rate in Phoenix is 5.4%, which is calculated among residents aged 16 or older who are in the labor force. It is the only city with over 1 million residents in Arizona and it has continued to expand for the last 10 years. It is located about 40 minutes from Downtown Phoenix and offers small town charm with many amenities. Casa . Actual and Projected Net Migration and Net Natural Change in Arizona 8 4. (100 = national average). CLICK HERE TO VIEW ALL MY LISTINGS. The median rental costs in recent years comes to - per month, and the median house value is -. The first entry on our list of the fastest growing areas in Arizona is Peoria, Arizona, which is about 30 minutes northwest of Phoenix. You might call it a good problem to have. The residents of Scottsdale have proven to be quite successful, as the average income per capita of $56,000 is almost double the national average. Phoenix has a population density of During the past 40 years, Arizona has gradually fallen further and further behind the nation in per capita income, with slow wage growth contributing to the divergence. It is located about 1 hour northwest of Phoenix and offers its residents a cozy, small town feel. One result of this, says Dr. Abram Burgher of The Pain Center, will be an increase in "pain and associated disability in the elderly, especially . Personal Income Increased in All Arizona Counties Arizona Job Growth Returns to Cruising Speed. 1 Mumbai (Bombay), India Clear 1 Table. 14.0% of families are below Phoenix has grown Measuring America's People, Places, and Economy. Following the release of our 2018 population projections, . By 2020, it's forecasted that Phoenix will become the 4th most populous city in the US, and by 2030, the US Census Bureau estimates its population will reach 2.2 million with a metropolitan area that's home to 6.3 million. It's believed that sometime during 2013, Phoenix passed Philadelphia in population, although in 2016, Philadelphia again surpassed Phoenix. NASA Earth Observatory image created by Jesse Allen, using Landsat data . Some of these canals later became used for the modern. The highest rate of high school graduation is among white people with a rate of 83.79%. Phoenix is the US's deadliest city for heat fatalities while its urban sprawl makes it a concrete heat island. Phoenix residents are in the labor force. WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH DECEMBER 6, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 22, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. SPONSOR SHOWCASEGOLDWATER CLASSICSUITCASE PARTY, CHILDREN IN NEEDASPIRING YOUTH ACADEMYTAX CREDIT, 2021 Phoenix Active 20-30 Children's Foundation. $1,053. (Source: Missouri Office of Administration, Budget and Planning) Missouri's population is expected to approach 6.8 million people in 2030, a growth of roughly 1.2 million people from the year 2000, which will represent a 21% increase in the state's population. The average household income in Phoenix is $80,631 with a poverty rate of 20.31%. It is estimated that by 2030 the population will reach upwards of 7.1 million, which would represent a 118% . The Urban Heat Island effect is an especially important issue to tackle as Phoenix's population and temperatures both continue to rise. Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%). The city averaged a four percent annual population growth rate over a 40-year period from the mid-1960s to the mid-2000s. residents have an income below the poverty line, and the child poverty rate Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. It is filled with luxury homes, lavish resorts, and tons of golf courses. equivalent, 28.6% In Phoenix, 54.4% of housing units Philadelphia keeps its rank as the country's sixth-largest city after Phoenix overtook it within the last few years. 8,238,407. Smaller cities and towns with a population of under 100,000. A CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS . WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 1, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. 2010 Population: 217,385 2020 Population: 250,923 Population Growth: +33,538 (15%) Location: Check on Google Maps. Source: U.S. Department of Commerce, Census Bureau . According to U.S. Census Bureau, the population is almost equally split between men and women. Phoenix, AZ 85064. United Nations population projections are also included through the year 2035. It is another excellent place for young families, offering a top notch school system that earned an A- grade on Niche.com and plenty of recreation in and around the city to enjoy. For more information, please visit the 2021 5-year ACS Comparison Guidance page. Among the adult population 25 years old and over, 81.9% of Phoenix residents have at least a high school degree or equivalent, 28.6% have a bachelor's degree and 10.4% have a graduate or professional degree. According to the latest census statistics, 10.6% of The metro area population of Phoenix in 2021 was 4,584,000, a 1.62% increase from 2020. The National Weather Service issued . Homes priced at $300,000 or belowthat Valley residents making the areas median income can typically afford already are in short supply. Phoenix is the only one of the 10 largest US cities to post double-digit population growth at 11.2 percent. You may also like these in Catherine Reagor: The same study says that other religions (including Judaism, Buddhism, Islam, and Hinduism) collectively make up about 7% of the population. Please note that some links below are affiliate links, which means that we receive a small commission if you make a purchase through our links, but at no extra cost to you. Gilbert has a great reputation as a top place to raise a family and features one of the best school systems in the area. Phoenix doesn't have many cloudy days, so it's perfect for studying urban growth . "These people are willing to go to these locations because they can get a new house on the outskirts for significantly cheaper," Holm said. The information is provided as is, with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. Phoenix itself began with a Confederate veteran named Jack Swilling, who traveled there in the 1850s to seek wealth. Historically, new Valley homes have gone up before the freeways to serve them, straining existing transportation systems. Chart. The land was sold in 1870, and a church opened in 1871, as well as a store and soon a school and a courtroom. Show selected locations. WEEKLY LAND CLOSING UPDATE THROUGH DECEMBER 13, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. WEEKLY LAND CLOSING UPDATE THROUGH JANUARY 3, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County. However, growth is expected to be much more rapid in Phoenix than in Tucson. During 2012, Phoenix increased its population by 1.7%. Comparing with other cities in Arizona, Phoenix growth rate is aligned with the state average. Map. That growth is increasingly driven by net migration, as natural increase (the annual difference between births and deaths) decelerates due to the aging of the population. WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 22, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. Its easy to understand why its been growing so quickly, as it offers its residents many things to do, such as the historic downtown area, as well as many outdoor activities like the 23,000+ acre Lake Pleasant Regional Park. Additionally, Mesa is home to the Chicago Cubs and Oakland As spring training facilities. WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH DECEMBER 27, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. Phoenix city, Arizona . 1.8% of them were build before 1940. Phoenix is a city located in Maricopa County Arizona.It is also the county seat of Maricopa County.With a 2023 population of 1,656,892, it is the largest city in Arizona and the 5th largest city in the United States. Eric Anderson, executive director of the Maricopa Association of Governments, said about 50 percent of Pinal residents currently commute to Maricopa County. AMAZING!!! Sahuarita is a small community just 25 minutes south of Tucson in southern Arizona. The calculation is based on the average growth rate of 1.75% over last 11 years since 2011. While these announcements are related to future changes in published job data, the connection is loose. The Phoenix metropolitan statistical area (MSA) added 50,300 jobs over the year in the second quarter, for 2.6% growth. Prefer cell: 520-975-5207 or email me walterunger@ccim.net. 4: Population predictions of the 101 largest cities in the 21st century. Population projections are made for July 1 of each year in the projection period. Projected total population for each year between 2022 and 2060 for the state, counties, the Phoenix Metro Area, the Tucson Metro Area . If that fails to materialize, look for slower than expected gains nationally and in Arizona. Phoenix. Phoenix is by far the largest city in Arizona, with a population of over 1.6 million people.Meanwhile, Tucson is the 2nd largest city in the state, but its population is around 540,000, which is three times smaller than Phoenix. The poverty rate among those that worked full-time for the past 12 months was 3.83%. 2010 Population: 208,453 2020 Population: 262,866 Population Growth: +54,413 (26%) Location: Check on Google Maps. In addition to the medium series that we deem as the most likely scenario, we also produced a low series and a high series. Chart. It even made our list of the best places to live in Arizona, which are roughly 10% lower than the US average, town has been serious about its expansion as well, investing a lot of resources into improving its infrastructure, Homes.com even named Queen Creek the 10th best suburb, prices that are roughly half the national average, latest real estate offers in Eloy on Zillow, Overall cost of living is about 12% lower here, The 16 Best Places to Live in Florida for 2022, Here are the 12 Cheapest Beach Towns in California, 12 Stunning Resorts in Florida for Every Budget, California vs Florida - Our Full Comparison, 8 Fastest Growing Small Towns in Texas in 2023 Charming & Desirable, Is Sedona a Good Place to Live? 2010 Population: 1,445,632 2020 Population: 1,630,451 Population Growth: +184,819 (13%) Location: Check on Google Maps. Estimates are not comparable to other geographic levels due to methodology differences that may exist between different data sources. The metro area population of Phoenix in 2022 was 4,652,000, a 1.48% increase from 2021.