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. The unemployment rate in Phoenix is 5.4%, which is calculated among residents aged 16 or older who are in the labor force. We believe using the recent years . This small town is located just north of Eloy, and is also about 1 hour from Phoenix and Tucson. The forecast calls for Arizona to add 1.6 million jobs during the 2017 to 2047 period, which translates into annual growth of 1.5% per year. Arizona continues to add jobs, income, and residents at a faster pace than the nation. By . According to the latest census statistics, 10.6% of Projections of the Population Ages 16 to 19 in Arizona 21 . WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 22, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. By 2030, about a quarter of the population will be seniors, according to the Arizona Department of Economic Security's State Plan on Aging. Greater Phoenix is home to more than 200 golf courses. The highest rate of bachelors degrees is among asian people with a rate of 50.77%. If growth turns out to be even slower, that will reduce state growth as well. In addition to the medium series that we deem as the most likely scenario, we also produced a low series and a high series. it is growing faster than 62% United Nations population projections are also included through the year 2035. the poverty line in Phoenix. It is the capital city of state Arizona. BIGGEST CITY IN USA, DOT LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ UNDER CONSTRUCTION, LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17, Reasons to Consider me for Commercial Referrals I have the Knowledge and Experience, Walter Unger CCIM walterunger@ccim.net 1-520-975-5207 http://walter-unger.com, Why Phoenix? Call me if you want to sell your property and need an estimated value. AMAZING!!! Thank you in advance for your support! Phoenix is considered to have one of the best culinary scenes in the country. Phoenix also has a strong economy with plenty of job opportunities and a thriving downtown that provides entertainment options for all ages. By 2030, 40 percent of the metro's population growth will occur in the West Valley. Street Scout - Metro Phoenix real estate What makes Phoenix so attractive? We apologize for the inconvenience. 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. In 2000, Hispanics and Latinos accounted for just 34% of the population. Which leaves 4.0% for the goods-producing industries (mining, construction, manufacturing). Metro Phoenix Population Growth: City To Add 1 Million People By 2030 If you are looking to take advantage of the boom before it happens, then take a serious look at these up and coming cities in Arizona. are employed by the local, state and federal government. . That will be like adding a city the size of San Jose, California or Austin, Texas to the Valley. Builders cant bring homes to market fast enough to meet demand now, Arizona housing analyst Jim Belfiore said at theevent. Reasons to Consider me for Commercial Referrals, Delivering the New Standard of Excellence in Commercial Real Estate. Phoenix itself began with a Confederate veteran named Jack Swilling, who traveled there in the 1850s to seek wealth. Street Transportation Transportation 2050 - Phoenix, Arizona Exhibit 3 shows population growth for Phoenix and Tucson during the next thirty years. Call me if you want to see a map with what is in the Construction Pipeline for Apartments. Broken down by language: 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? The billion-dollar question is where all those new residents will live. San Antonio continues to record impressive population growth, ranking second nationally in increase in population in a single year, new census numbers show. Table. Exhibit 3: Population Growth in Phoenix Outpaces Tucson 1:41. Tucson is also less than half the size of Phoenix in terms of its actual square miles, too. 8,238,407. Greater Nashville Regional Council releases new population growth data Among Phoenix residents aged 5 and older, 37.4% of them speak a non-English language at home. Please check maps if your Land or Commercial Property is in the Opportunity Zone, IF SO CONTACT ME / THIS IS FOR SELLERS AND BUYERS. The religious makeup of Phoenix is: 66% of the population of the city identified themselves as Christians, while 26% claimed no religious affiliation. The state capital of Phoenix has been the fastest growing city in Arizona based on the total number of people that have moved there since 2010. 2020 Population: 13,130 2030 Population Estimated: 33,287 Population Growth Estimated: +20,157 (153%) Location: Check on Google Maps. Gilbert, Arizona is a direct neighbor to Chandler and experienced the largest percentage growth out of any large city on this list over the last 10 years. Buckeye Mayor Confirms City Will Have Sufficient Water for its Growth. Phoenix and Tucson may still merge by 2040. It is a warming trend that is very familiar to Arizona's State Climatologist, Nancy Selover. 2030 5,081,000. PHOENIX Phoenix has attracted more new residents than any other city in the United States for the fourth year in a row, according to the U.S. Census Bureau. 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). The city added 17,237 people between . Eric Anderson, executive director of the Maricopa Association of Governments, said about 50 percent of Pinal residents currently commute to Maricopa County. Of all the housing units in Phoenix, Scottsdale is regularly rated as one of the best suburbs to live in Arizona and it has a reputation as being an upscale community with plenty of amenities for its residents. The City of Phoenix, with the help of the Arizona Sustainability Alliance (AZSA) and its Urban Forestry team , is working towards a canopy coverage of 25% by 2030 and is well on its way with a 2018 percentage . The vintage year (e.g., V2022) refers to the final year of the series (2020 thru 2022). City population projections for the world's 200 largest cities in 2050 from Hoornweg & Pope's GCIF Working Paper No. Different vintage years of estimates are not comparable. Nonetheless, our analysis of suggests that there is currently a lot more buzz about employment increase so far this year than in the past. PHOENIX Phoenix Population. 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. Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona. Director and Research Professor, EBRC. . . Phoenix outgrew its form of government by 1881 and incorporated, and the population experienced high growth with the railroads in the 1880s. phoenix population 2030 - rccw.rocks The mission of the Population Estimates Program is to produce population estimates for Arizona that are as accurate as possible and are based on exemplary research, solid demographic methods, and accurate and consistent input data, thereby enabling the user community to make sound, data-driven decisions. Yes, Phoenix is the biggest city in the state of Arizona based on population. Based on the latest 2022 data from the US census, the Arizona Population News Articles. Population Estimates I am also a CCIM and through this origination (www.ccim.com) I have access to marketing not only in the United States, but also international as the market has a lot of moving parts today. There areopportunities with our expected growth, but there are also issues that need to be addressed now, Stapp said at an ASU event this past week called Where will we put another 1 million people?. Exhibit 1: The Buzz About Arizona Employment Is Strong Pinals sales tax funding for freeways is about$18 million, barely enough to fund an interchange. On a per-household basis, The area's white population appears pretty flat in this scenario, while the Hispanic population rises steadily above 3 million by 2030. Gains in the first quarter reflected increases in net earnings from work (up 3.9%); dividends, interest, and rent (up 3.8%); and transfers (up 3.3%). 5-10,11-15,20-22,45,51), which will be aggregated. Annual Growth Rates. To keep pace with growth, home builders need to construct more houses than they are now with prices that new residents can afford. Eloy, Arizona sits right in between Phoenix and Tucson, making it a strategically located town that is perfectly suited to expand. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 50.2 percent of the Phoenix population is male and 49.8 percent are female. While these announcements are related to future changes in published job data, the connection is loose. The top five races for people living in Phoenix are: White(65.9%),Black(6.5%),Asian(3.2%),Native(2.6%),two or more races(1.7%). Projected total population for each year between 2022 and 2060 for the state, counties, the Phoenix Metro Area, the Tucson Metro Area, and Balance of State: Projected total population, components of population change, population by sex and age group, population by sex and single year of age for age group 19 and younger, population by race and Hispanic origin: Sub-county population projections that are consistent with the 2022 medium series of county population projections will be published here by the end of September 2023. According to U.S. Census Bureau, the population is almost equally split between men and women. WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 8, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. NASA Earth Observatory image created by Jesse Allen, using Landsat data . The Tucson MSA added just 700 jobs over the year, for 0.2% growth. The highest rate of high school graduation is among white people with a rate of 83.79%. All rights reserved. Since it is just 1 hour from both of these major cities, residents can take advantage of double the job opportunities and entertainment amenities. Phoenix is the largest city and capital of the state of Arizona. In the West Valley, an extension of the Loop 303 and construction of a new Interstate-11 west of the White Tanks, are also behind because of a lack of freeway funding. The non-English language spoken by the largest group is Spanish, which is spoken by 30.41% of the population. 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. It is located about 1 hour northwest of Phoenix and offers its residents a cozy, small town feel. Phoenixs population density is 3,119 people per square kilometer, which is one of the most densely populated major city in US. The world population is around 8.05 billion persons in 2023. In 2020, Phoenix, AZ had a population of 1.66M people with a median age of 33.9 and a median household income of $60,914. The Phoenix metropolitan statistical area (MSA) added 50,300 jobs over the year in the second quarter, for 2.6% growth. 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. 2010 Population: 154,065 2020 Population: 184,363 Population Growth: +30,298 (20%) Location: Check on Google Maps. Could population growth propel Phoenix and Tucson to merge? Casa . The poverty rate among those that worked full-time for the past 12 months was 3.83%. Phoenix, Arizona Population 2023 - worldpopulationreview.com 0.0 5.0 10.0 15.0 Dec-19 Dec-20 Dec-21 Dec-22 Phoenix metro area United States Source: U.S. BLS, Current Employment Statistics. This is expected to remain positive and outpace inflation, but the state is not expected to beat the national rate. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. Phoenix, AZ 85064. Users should exercise caution when comparing 2017-2021 ACS 5-year estimates to other ACS estimates. The second largest city, Tucson, is 33% the size of Phoenix. 2010 Population: 34,961 2020 Population: 51,210 Population Growth: +16,249 (46%) Location: Check on Google Maps. Reach the reporter atCatherine.Reagor@arizonarepublic.comor 602-444-8040. 63% of Phoenix residents speak only English, while 37% speak other languages. We have to watch our affordability, water, air and transportation challenges, Vogel said. Phoenix has grown You can also define age groups (eg. If you are looking for the 2019 edition of population projections, please contact Thara Salamone (, Arizona Commerce Authority | 100 N. 7th Avenue | Suite 400 | Phoenix, Arizona 85007 | 602-845-1200, Arizona Population Projections 2022 Methodology Report, Maricopa Association of Governments [AZMAG.GOV], Pima Association of Governments [PAGNET.ORG]. 2010 Population: 208,453 2020 Population: 262,866 Population Growth: +54,413 (26%) Location: Check on Google Maps. Homes priced at $300,000 or belowthat Valley residents making the areas median income can typically afford already are in short supply. Arizonas population has been booming lately, so we examined which big and small cities were growing the quickest so that you can understand where you may want to head to (or avoid) next. 10th fastest rate among all states since 2010, 6 Fastest Growing Cities in Arizona in 2022 Population Over 100,000, 6 Fastest Growing Cities in Arizona in 2022 Population Under 100,000, Fastest Growing Cities in Arizona by 2030 Up and Coming Cities in Arizona, Summary Fastest Growing Cities in Arizona, top 50 cities to live in America by Money Magazine, we ranked Chandler as the best place to live in Arizona, the fastest growing large city in all of the US, one of only 13 cities in the US to have a sports team in all 4 major sports. 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. P.O. Go check out the latest real estate offers in Eloy on Zillow. Prefer cell: 520-975-5207 or email me walterunger@ccim.net. Weekly Land Sales to February 24, 2023 / Phoenix / Maricopa and Pinal County Arizona. About 35%of the Valleys current population lives in Phoenix, 34% livein the East Valley, 22% in the West Valley and 10%in Pinal County, according to MAG. . BIGGEST CITY IN USA, PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THATS GOOD FOR THE ECONOMY, BUSINESS, WHY PHOENIX? Average male age is 31 and average female age is 33, so average resident age is 32. Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages. Among those aged 16 and older, 67.2% of 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. Other . WEEKLY LAND CLOSING UPDATE THROUGH JANUARY 3, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County. Phoenix Population 2022 Statistics - World Populace 130,300 units. 2030. WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH JANUARY 17, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County. Interested!!! Population Projections - Arizona Business Know How Phoenix doesn't have many cloudy days, so it's perfect for studying urban growth . 0:00. However, that is not likely to be true for the states growth in per capita income. 4: Population predictions of the 101 largest cities in the 21st century. More. For Arizona, this is particularly important, because the state already lags well behind the nation. "The problem is that the builders simply cannot keep up with the . That was slightly slower than the 2.1% rate posted in the first quarter, but above the national rate of 1.5%. 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. 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. 12 Fastest Growing Cities in Arizona in 2022 (& 3 Up - Strategistico The Phoenix Metro Area. Population Estimates, July 1 2022, (V2022), Population Estimates, July 1 2021, (V2021), Population estimates base, April 1, 2020, (V2022), Population estimates base, April 1, 2020, (V2021), Population, percent change - April 1, 2020 (estimates base) to July 1, 2022, (V2022), Population, percent change - April 1, 2020 (estimates base) to July 1, 2021, (V2021), American Indian and Alaska Native alone, percent, Native Hawaiian and Other Pacific Islander alone, percent, White alone, not Hispanic or Latino, percent, Owner-occupied housing unit rate, 2017-2021, Median value of owner-occupied housing units, 2017-2021, Median selected monthly owner costs -with a mortgage, 2017-2021, Median selected monthly owner costs -without a mortgage, 2017-2021, Living in same house 1 year ago, percent of persons age 1 year+, 2017-2021, Language other than English spoken at home, percent of persons age 5 years+, 2017-2021, Households with a computer, percent, 2017-2021, Households with a broadband Internet subscription, percent, 2017-2021, High school graduate or higher, percent of persons age 25 years+, 2017-2021, Bachelor's degree or higher, percent of persons age 25 years+, 2017-2021, With a disability, under age 65 years, percent, 2017-2021, Persons without health insurance, under age 65 years, percent, In civilian labor force, total, percent of population age 16 years+, 2017-2021, In civilian labor force, female, percent of population age 16 years+, 2017-2021, Total accommodation and food services sales, 2017 ($1,000), Total health care and social assistance receipts/revenue, 2017 ($1,000), Total transportation and warehousing receipts/revenue, 2017 ($1,000), Mean travel time to work (minutes), workers age 16 years+, 2017-2021, Median household income (in 2021 dollars), 2017-2021, Per capita income in past 12 months (in 2021 dollars), 2017-2021, Total employment, percent change, 2019-2020, Men-owned employer firms, Reference year 2017, Women-owned employer firms, Reference year 2017, Minority-owned employer firms, Reference year 2017, Nonminority-owned employer firms, Reference year 2017, Veteran-owned employer firms, Reference year 2017, Nonveteran-owned employer firms, Reference year 2017.