Tag Archives: population

A list of the 30 fastest growing wealthy suburbs includes two suburbs with population declines

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I recently found a list of wealthy American with the most population growth. But I noticed that the list ends with two suburbs that lost population during the time period of interest (2018-2023). I suspect this might be because how they selected the communities on the list.

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Methodology: For this study, GOBankingRates analyzed suburbs to find the fastest-growing wealthy suburbs in America. First GOBankingRates found the places with a population between 25,000 and 100,000 according to the U.S. Census American Community Survey. The metro area for each location was found and only the metro areas with a population of 1 million or more were kept. With these suburbs isolated, the numerical and percentage change in population from 2018 to 2023 were found for each city using data from the American Community Survey Census from 2018 and 2023. For each location, GOBankingRates found total population, population ages 65 and over, total households, and household median income all sourced from the American Community Survey. Only places with a median household income of $150,000 or more were kept for this study. Using this data the percentage of the population ages 65 and over were calculated. The cost-of-living indexes were sourced from Sperling’s BestPlaces and include the grocery, healthcare, housing, utilities, transportation, and miscellaneous cost of living indexes. Using the cost-of-living indexes and the national average expenditure costs, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location were calculated. The livability index was sourced from AreaVibes for each location and included as supplemental information. The average single-family home value was sourced from Zillow Home Value Index for November 2024. Using the average single-family home value, assuming a 10% down payment, and using the most recent national average 30-year fixed mortgage rate, as sourced from the Federal Reserve Economic Data, the average mortgage can be calculated. Using the average mortgage and average expenditure costs, the average total monthly and annual cost of living were calculated. The cities were sorted to show the highest percentage population increase first to show the places with the fastest-growing wealthy suburbs in America. All data was collected on and is up to date as of Jan. 6, 2025.

The bigger question is this: how many suburbs in the United States of population 25,000 to 100,000 have median household incomes over $150,000? I suspect this is not a huge list. Hence, there are only 28 suburbs who meet this criteria and grew between 2018 and 2023.

But it may not take much to change the parameters to include more suburban communities on the list. For example:

  1. What if the median household income was $140,000? Is there a strong reason for leaving the cutoff at $150,000?
  2. Why limit the population to communities between 25,000 and 100,000? If the list could includ communities between 10,000 and 100,000, are there now more growing wealthy suburbs?
  3. Limiting the analysis to metropolitan areas with 1 million people reduces the number of possible regions and suburbs. If the cutoff is 1 million people in an MSA, this means a little over 50 regions are included. Lower the region’s population and you would have more suburbs that might meet the criteria.
  4. Change the list from 30 suburbs to 20 and then the last one on the list would have 5% population growth.

Thanksgiving travel to set records this year – because there are more people in the first place?

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At Thanksgiving each year come the stories about how many millions of Americans are going to travel for the holiday. But is this partly because there are more people in the country? From the story first:

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Just as sure as the turkey will taste dry, airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end in another record day for air travel in the United States…

Auto club and insurance company AAA predicts that nearly 80 million Americans will venture at least 50 miles from home between Tuesday and next Monday. Most of them will travel by car…

The Transportation Security Administration expects to screen 18.3 million people at U.S. airports during the same seven-day stretch. That would be 6% more than during the corresponding days last year but fit a pattern set throughout 2024.

The TSA predicts that 3 million people will pass through airport security checkpoints on Sunday; more than that could break the record of 3.01 million set on the Sunday after the July Fourth holiday. Tuesday and Wednesday are expected to be the next-busiest air travel days of Thanksgiving week.

What could be other possible reasons for increased travel? Some options:

  1. Cheaper prices to travel and/or more money travelers are putting toward it. Are flights cheaper this year than in the past?
  2. The timing of Thanksgiving. The article hints that it might be different this year because Thanksgiving is so late. Does this happen every time Thanksgiving is later?
  3. An increased emphasis on or interest in visiting family.

If the media is going to report that more people are traveling, how do we know it is not just because there are more people? The US Census Bureau population clock says there are more than 337 million people in the United States now and there were more than 331 million in 2020.

What happens when a place is no longer growing quickly, Florida edition

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Populations and demand in housing markets can ebb and flow. What happens when a state known for growth for a while starts to lose its luster?

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Florida was one of the epicenters of the pandemic’s great migration, but while crowds of people are trying to settle into places like Orlando, Tampa, and Jacksonville, many Floridians want to dump their homes and get out.

The exodus is mainly being driven by higher housing costs, a higher cost of living, and souring attitudes toward the influx of people who moved to Florida in recent years. Those factors combined are making daily life in the state way more difficult, current and former Florida residents said.

While 730,000 people moved to Florida during 2021 and 2022, nearly half a million people left, according to US Census data.

The state, meanwhile, just lost its status as the most moved-to region this year, according to an analysis conducted by the Florida-based moving service PODS. South Florida, in particular, ranked among the regions people were most keen to move out of, the report said.

Waning enthusiasm for the state is evident in housing activity, which has fallen from its pandemic highs. The number of homes for sale in Florida has soared 42% compared to levels last year, according to Redfin.

In the United States, growth is good. A growing population is connected to an increasing status that hopefully just brings in more people and business.

But population booms do not last forever. A good number of American communities have had periods of rapid population growth, including many big cities and numerous suburbs, and then other periods of slow growth or even population loss.

From the evidence above, it sounds like Florida’s growth has slowed. It is another matter if the state starts losing residents. If that happens, dire descriptions can emerge such as it being a “failed” state.

If growth slows in Florida, what other states might take up the mantle of those with rapid growth? Can they have a sustained run of growth that brings prestige?

Proximity to population centers means warehouses for rural areas

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If you live in a rural town in the United States that is close to a number of population centers, warehouses may be in your future (if they are not already):

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Shippensburg, Pennsylvania, and nearby rural towns like it are being drastically transformed into distribution hotspots for major retailers like Amazon and Walmart – to the dismay of some longtime residents.

With its endless acres of farmland, the tiny town is seemingly the perfect location for huge warehouses – and it is at most a day’s drive away from one-third of the US population and half of Canada‘s, making it the ideal delivery truck epicenter…

P&G, which owns Charmin, Crest, Gillette and Pampers, was one of the first to do so in 2014, followed by Amazon.com, DHL, FedEx, Home Depot, Kohler, Lowe’s, Office Depot, Pepsi, SC Johnson, Staples, Target, Ulta Beauty, Unilever and UPS, among many others…

What’s happening in Shippensburg is similar to what’s already happened to California’s Inland Empire, which used to be a major center of agriculture. Now, this area of southern California is the nation’s warehouse capital, home to Amazon and Walmart facilities.

Take out a map, draw circles around major population centers, and see the places where these circles intersect. That places like Shippensburg could be so close to so many people marks it for these changes.

This could help remind people of the ongoing connections between cities and rural areas. In today’s changing world, it is not just about farming versus commercial and industrial activity; the two spaces are tied together by trade, social networks, and an awareness of each other.

“Phoenix is a guide to our future”

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A new cover story in The Atlantic looks at Phoenix, Arizona and considers what the United States is and what it could be:

NASA Satellite Captures Super Bowl Cities – Phoenix [annotated] by NASA Goddard Photo and Video is licensed under CC-BY 2.0

The Valley is one of the fastest-growing regions in America, where a developer decided to put a city of the future on a piece of virgin desert miles from anything. At night, from the air, the Phoenix metroplex looks like a glittering alien craft that has landed where the Earth is flat and wide enough to host it. The street grids and subdivisions spreading across retired farmland end only when they’re stopped by the borders of a tribal reservation or the dark folds of mountains, some of them surrounded on all sides by sprawl.

Phoenix makes you keenly aware of human artifice—its ingenuity and its fragility. The American lust for new things and new ideas, good and bad ones, is most palpable here in the West, but the dynamo that generates all the microchip factories and battery plants and downtown high-rises and master-planned suburbs runs so high that it suggests its own oblivion. New Yorkers and Chicagoans don’t wonder how long their cities will go on existing, but in Phoenix in August, when the heat has broken 110 degrees for a month straight, the desert golf courses and urban freeways give this civilization an air of impermanence, like a mirage composed of sheer hubris, and a surprising number of inhabitants begin to brood on its disappearance.

Growth keeps coming at a furious pace, despite decades of drought, and despite political extremism that makes every election a crisis threatening violence. Democracy is also a fragile artifice. It depends less on tradition and law than on the shifting contents of individual skulls—belief, virtue, restraint. Its durability under natural and human stress is being put to an intense test in the Valley. And because a vision of vanishing now haunts the whole country, Phoenix is a guide to our future.

Several thoughts in response:

  1. How many Americans know Phoenix is the fifth-largest city in the country – growing from over 106,000 residents in 1950 to over 1.6 million today – and the tenth-largest metropolitan area?
  2. Like many American communities, Phoenix and the region depends on growth. More residents, more business activity, more infrastructure. What happens to Phoenix when/if growth slows? How would a mature region in 50 or 100 years look similar or different?
  3. The environment plays a role in Phoenix and the region. At the same time, Phoenix expanded at a particular point in American history, later than many big cities. How do these two factors intersect?
  4. How would urban sociologists think about Phoenix compared to other American cities and region? Is it more unusual or does it follow similar patterns to other sprawling regions? What marks Phoenix as unique? Do the same social, political, and economic factors propel the region or is there something different going on?

“Bleep it, I’ll move to Peoria”

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I recently heard a radio ad touting the good features of Peoria, Illinois. And it included the line (as I remember it) in the headline of this post.

2017 3D-Printed Habitat Challenge (NHQ201708260021) by NASA HQ PHOTO is licensed under CC-BY-NC-ND 2.0

This is not exactly how I imagined more Americans might move to Rust Belt cities. Zillow predicted Buffalo would be the hottest housing market in 2024. Such interest could be driven by jobs and affordable housing.

How many people would move to Peoria? Apparently, others have had this thought. Including this TikToker. And this YouTuber. Or, perhaps people might remember the longstanding question, “Will it play in Peoria,” and want to find out for themselves.

My guess at how Peoria or a similar city could truly boom is that a major, well-known company moves its operations to the city. While the opposite might seem to be happening in cities like Peoria – such as Caterpillar moving out – imagine a Silicon Valley company making Peoria home. Such a move could be good for its employees and help improve the fortunes of a different area.

Can we now regularly compare NYC, LA, Chicago, and Houston?

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Comments from the newly-elected mayor of Houston compare the four largest cities in the United States. The Chicago Tribune editorial board thinks this is a problem for Chicago.

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“We’re not New York. We’re not L.A. We’re sure not Chicago. We fix our problems.”

Quick quiz: Who recently said that? Ron DeSantis? Greg Abbott? Nikki Haley?

The answer is John Whitmire, a Democrat who over the weekend resoundingly won election as mayor of Houston, the nation’s fourth largest city and on track to overtake Chicago as third largest if present demographic trends continue…

Politically, Chicago comes across to much of the rest of the country as a city that’s off course, focusing not on the issues at the top of residents’ priority list (public safety, jobs, public transit, for example) but on progressive to-do lists. Not only are Johnson and his City Council allies choosing to spend their time and political capital on issues the majority of Chicagoans view as less than pressing, they’re doing a poor job even when it comes to their own priorities.

Several factors appear to be at work. First, as noted, Houston is approaching Chicago’s population. Chicago was once the second city, then became the third city, and likely will soon be the fourth city. This means a decline a status, both internally and from the outside.

Second, Chicago has long had a reputation as “the city that works.” It might have all sorts of problems but things got done. If the perception inside and outside is that things do not get done, then people might have concerns.

Both of these might be existential issues for a city that is regarded as a global city and has always been behind at least one other major American city.

Additionally, are New York and LA ready to be mentioned in the same breath as Houston?

One prediction that Dallas/Fort Worth-Houston-Austin will replace New York-Los Angeles-Chicago by 2100

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moveBuddha has a prediction about which three US cities will have the most people by the end of this century:

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  • The future belongs to Texas.  America’s three biggest cities by 2100 will be #1 Dallas, #2 Houston, and #3 Austin. Fast-growing San Antonio also ranks at #11.
  • The Sunbelt keeps rising. Phoenix is projected to be the 4th-biggest U.S. city by population in 2100. Other Sunbelt cities in the top 10 are #6 Atlanta, #9 Orlando, and #10 Miami.
  • NYC and L.A. are currently the top two biggest U.S. cities, but they’re projected to fall to #5 and #7, respectively, by the year 2100.

The methodology to arrive at this?

We wanted to know at moveBuddha what U.S. metropolitan areas would see the biggest population growth by 2100. We did this by using the compound annual population growth rate of the biggest U.S. metro areas (250,000 residents or more) between the 2010 and 2020 U.S. Census estimates and extrapolating it over 80 years.

This was an inexact science, and growth rates are bound to change. But it gave us a rough idea of which American cities may rise to the top by the dawning of the 22nd century. Climate change effects, migration patterns from climate change, and other unforeseen events could change things.

Two parts of this projection seem implausible to me. First, extrapolating the current rates of growth to last for more than seven decades. Growth rates will likely rise or fall across different metropolitan regions. It is hard to imagine many places will be able to keep up high rates of growth for that long. Second, the size of these regions. There is no US region currently near the predicted populations in 2100. Would this come from significant increases in density in the central areas or even more sprawling regions? It would be interesting to see where all those people would live and work.

Of course, at this point it is hard to bet against the ongoing population growth of the Sunbelt.

And what would this do to the status of New York City and Los Angeles? Chicago has some experience with this but could NYC handle this well?

Gen Z headed South looking for cheaper and bigger houses?

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Sunbelt populations are growing. One reason is because Gen Z is moving to the South for housing:

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Traditionally, younger generations have flocked to cities to start their careers and enjoy the hustle and bustle of urban life. However, Gen Z is proving to be a little different, with more and more moving to the South in favor of large outdoor spaces, low cost of living and a slower pace of life…

The Southern region boasts more affordable housing and living space, which is becoming increasingly attractive to Gen Z as well as some Millennials and older adults who are fed up with cramped city life.

According to Storage Cafe, the average floor area of single-family homes sold in the South increased by 60 square feet between 2019 and 2022, meaning the average is now 2,608 square feet…

And since Gen Z is more likely to rent rather than own a home currently, it makes sense that more of the younger generation would be seeking out spaces where housing costs are cheaper.

I would be interested in seeing more numbers here. Are Gen Z movers doing so at similar rates as other Americans?

Is one of the side effects of all this movement a point where housing and opportunities in the South are no longer as attractive?

The final part of the article hints at the possible political ramifications of these moves. I would want to hear more about how younger adults might transform communities and day-to-day life in other ways. Is this a continuation of the American suburban dream with more liberal politics thrown on top?

Dallas-Fort Worth metro area predicted to pass Chicago area in population in roughly a decade

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Which American metropolitan areas are poised for large population gains in the coming years? One prediction says Dallas-Fort Worth will soon be the third largest metro area:

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Dallas-Fort Worth is one of the country’s fastest growing metropolitan areas…

Business expansion and relocations are fueling the Dallas region’s growth, putting it on track to overtake the Chicago area and become the third-most-populous metro within the decade…

Dallas-Fort Worth is on track to be the only U.S. metropolitan area to house two cities with populations over 1 million in the next five years, as people and companies seek profit, opportunity and room to grow.

The population shift to the Sunbelt continues.

As for Chicago, it was passed by Toronto in population, Houston might pass it soon, and Dallas-Fort Worth pass the metropolitan area population. How far will the city and metropolitan area be down lists in a few decades?

Cities and metropolitan areas rise and fall in population over time. Chicago was once smaller than St. Louis than shot past it with the latter losing a lot of population in the 1900s. Where will the new boom cities be?