The U.S. Census Bureau recently released their national and state population estimates. Overall, the population of the United States grew in the past year by 392,665, or 0.1%. This is actually the lowest rate of growth seen since the nation’s founding. Decreased international migration, decreased fertility, and increased mortality due to the pandemic were reasons cited for this low growth rate. Of course, record level fatalities due to drug overdoses and violent crimes during the pandemic must not be overlooked either.
Of course, some states have seen continued population growth recently. In large part, the work from home environments being adopted by many employers during the pandemic have also contributed to some movement.
Which states are Americans moving to?
The top 3 most populous states in the country in 2021 are California (39,237,836 people), Texas (29,527,941 people), & Florida (21,781,128 people). With this said, only Texas and Florida saw increases in their population over the recent year. In California, the population actually decreased and continues to do so. Due to various factors including high costs of living and restrictive government mandates, many Californians have opted to relocate to other states.
As for the top 10 states in numeric growth over the past year, they are as follows:
- #1. Texas
- #2. Florida
- #3. Arizona
- #4. North Carolina
- #5. Georgia
- #6. South Carolina
- #7. Utah
- #8. Tennessee
- #9. Idaho
- #10. Nevada
Summary
In analyzing these data, it is obvious that more Americans are opting to relocate to warmer states with lower costs of living and less restrictive government. Areas such as South Florida have always been highly desirable relocation destinations for many Americans. Given the recent U.S. Census data, it appears that these trends will continue for the foreseeable future. Investing in South Florida real estate will likely continue to be a wise decision. Are you thinking of buying property in South Florida? We can help!
At Live South Florida Realty, Inc. we have assisted many clients with their real estate needs. Are you looking to buy or sell a property in South Florida? Now more than ever, it is critical to have a qualified real estate team and the proper search tools behind you. Live South Florida Realty, Inc., has been a leader in the South Florida market for many years. Let our team of professionals assist you with buying or selling your piece of paradise today! In addition, our recently launched “Florida Home Search” app is now available on the Apple App Store and Google Play Store. With real-time MLS feeds, this app lets you set your own alerts to notify you as soon as a property meeting your needs hits the market. Furthermore, it will also let you know of recent closed sales in your area so that you may be even more educated on the market. Be sure to download this app for your smartphone or tablet today!
