Measuring America's People, Places, and Economy. Among Phoenix residents aged 5 and older, 37.4% of them speak a non-English language at home. 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. The U.S. Census Bureau documented . 10 most populous in the country and bumping Boston out of the top 10, according to U.S. Census Bureau . The Phoenix-Mesa-Scottsdale Metropolitan Statistical Area (Phoenix MSA) includes all of Maricopa County and Pinal County and is 14,587 square miles (Maricopa County, 9,223 square miles and Pinal County, 5,364 square miles). Employment Compare Western States and U.S. Employment Compare Select Western Metros. The first entry on our list of the fastest growing areas in Arizona is Peoria, Arizona, which is about 30 minutes northwest of Phoenix. . Here is our privacy policy that outlines how we handle your data. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. 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. The issue is the cost of infrastructure and services for the land to be developed.. The top five languages (other than English) spoken in Phoenix are: Spanish (30.6%), Asian (2.1%), Indo-European (2.5%), and other languages (1.4%). The Hohokam eventually abandoned the area between 1300 and 1450 due to floods and drought, and the Akimel O'odham settled here, as well as the Yavapai and eventually the Maricopa. The Hohokam tamed the harsh desert landscape . Box 32381 . Human capital (typically measured by educational attainment) will continue to matter. Population Estimates, July 1 2022, (V2022) . 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. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits. Show selected locations. The race least likely to be in poverty in Phoenix is Islander, with 10.3% below the poverty level. The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. +27 11 463 2333. Spanning over 519 miles, Phoenix has a population density of 3,201 people per square mile. 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. We made an in-depth research into the 2020 Census data and split our findings of the fastest growing areas in Arizona into two main categories: We sorted our list by the change in the total population. 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. 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. Top Arizona developers and planners attended the meeting, which focused on how to accommodate the Valleys next growth spurt. 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. are employed by the local, state and federal government. have a bachelor's degree and 10.4% "The problem is that the builders simply cannot keep up with the . The median rental costs in recent years comes to - per month, and the median house value is -. 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. Sahuarita is a small community just 25 minutes south of Tucson in southern Arizona. 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. 2010-2020,2025,2030-2035) Age Criteria: Valid ages are from 0 to 95 where 95 signifies all people 95 and above. We apologize for the inconvenience. 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. The billion-dollar question is where all those new residents will live. While these announcements are related to future changes in published job data, the connection is loose. The land was sold in 1870, and a church opened in 1871, as well as a store and soon a school and a courtroom. Clear 1 Table. This small town is located just north of Eloy, and is also about 1 hour from Phoenix and Tucson. of similarly sized cities since 2000. Annual Growth Rates. 2,797.8 people is 26.6%. More. More than 22 million people visit metropolitan Phoenix each year. The majority (approximately 8 million) will reside in the Phoenix City-Data Forum > U.S. Forums > Arizona > Phoenix area: Phoenix in 2030 (Tucson, Gilbert, Marana: real estate market, mortgage, hotels) . Reasons to Consider me for Commercial Referrals, Delivering the New Standard of Excellence in Commercial Real Estate. 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? You may also like these in Catherine Reagor: Builders cant bring homes to market fast enough to meet demand now, Arizona housing analyst Jim Belfiore said at theevent. 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. Middle Tennessee's population growth continues to surge, and one group hopes new data will provide fresh urgency around one of region's most pressuring challenges: transportation. 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. TAX INFO. United Nations - World Population Prospects, The current metro area population of Phoenix in 2023 is, The metro area population of Phoenix in 2022 was, The metro area population of Phoenix in 2021 was, The metro area population of Phoenix in 2020 was. 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. The town has been serious about its expansion as well, with development projects going on all throughout the community to increase the number of homes and amenities that are available. CSV. The recorded level of the pollutants was as follows: PM2.5 - 5 g/m, PM10 - 18.9 g/m and ozone (O 3) - 89 g/m. Indeed, average wages per worker (calculated as total wage and salary disbursements divided by total nonfarm jobs) rose just 1.8% over the year. Phoenix is currently growing at a rate of 0.99% annually and its population has increased by 3.03% since the most recent census, which recorded a population of 1,608,139 in 2020. WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 1, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. Exclusive sports coverage of Arizona high schools, Sun Devils, Suns, Cardinals and Diamondbacks plus access to USA TODAY Sports+ at no additional cost. Homes priced at $300,000 or belowthat Valley residents making the areas median income can typically afford already are in short supply. 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. RCC-ACIS.org. Maricopa County has about $460 million for freeway funding from sales tax proceeds. Phoenix is the cultural center of the Valley of the Sun, as well as the entire state. In early 2013, Forbes ranked the Phoenix Metro Area as the 8th fastest-growing major city in the United States, after Austin, Houston, Dallas, Raleigh, Salt Lake City, Seattle, and Provo. More jobs also are needed near Valley edge communities where new affordable homes can go up. But, the cost of living here is quite steep, coming in at over 30% more than the rest of the US, with housing costs that are more than double the average as well. Its unknown whether every growth area will have aguarantee of adequate water supply for the foreseeable future. Phoenix has a population density of State Highlights. Phoenix outgrew its form of government by 1881 and incorporated, and the population experienced high growth with the railroads in the 1880s. Please check your download folder. 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. Also Call me if you needan estimated value of your Property. This is a slight increase from . The poverty rate among those that worked full-time for the past 12 months was 3.83%. 2010 Population: 6,363 2020 Population: 7,990 Population Growth: +1,627 (26%) Location: Check on Google Maps. The national baseline forecast assumes that productivity growth rebounds from the weak performance of recent years. 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. . When he found the abandoned river valley, he thought it would be suitable for farming, and he built a series of canals following those of the old Native American System. Chart and table of population level and growth rate for the Phoenix metro area from 1950 to 2023. 4. It is best known for being one of the more affordable, yet desirable suburbs in the region. The Phoenix metropolitan statistical area (MSA) added 50,300 jobs over the year in the second quarter, for 2.6% growth. According to preliminary data, Arizonas personal income rose by 3.8% over the year in the first quarter of 2017, a bit above national growth of 3.1%. AMAZING!!! PHOENIX Phoenix Population. Where should we start? Follow her on Twitter@Catherinereagor. You can also define age groups (eg. Lots of workers were moving to Phoenix to take advantage of employment opportunities there, which contributes to the population growth. $1,053. This is expected to remain positive and outpace inflation, but the state is not expected to beat the national rate. I am also in this to make money therefore it will be a win-win situation for all of us. In early 2021, Phoenix was enjoying a period of "Good" quality air with a US AQI reading of just 36. However, growth is expected to be much more rapid in Phoenix than in Tucson. 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. The Phoenix Metro Area. Based on our research, Phoenix population will reach 1.81 million by 1st July of 2023. A massive investment in infrastructure is necessary for the thousands of new homes, retail centers and job hubs that wouldaccommodate another million people. The most common ancestries in Phoenix were: Mexican (35.9%), German (15.3%), Irish (10.3%), English (9.4%), African American (6.5%), Italian (4.5%), American (2.7%) and Polish (2.5%). The 30-year forecast calls for Arizona to outpace the national rate of growth. The UN anticipates that US growth will be less concentrated in the largest urban areas between 2010 and 2030. 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 . Population projections are made for July 1 of each year in the projection period. In 25 years, metro Phoenix is expected to grow to 7 million people. Metro Phoenix has plenty of land for growth, said real estate expert Greg Vogel, CEO of Arizona Land Advisors Organization. Actual and Projected Net Migration and Net Natural Change in Arizona 8 4. 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. Eloy, Arizona sits right in between Phoenix and Tucson, making it a strategically located town that is perfectly suited to expand. 4: Population predictions of the 101 largest cities in the 21st century. During 2012, Phoenix increased its population by 1.7%. It has grown in popularity due to its affordability, warm weather all year round, and overall safety. However, gains are coming at a slow pace compared to the states own history. In 25 years, metro Phoenix is expected to grow to 7 million people. Different vintage years of estimates are not comparable. Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants. 1:41. That's a 37.68 percent increase. Two metrics determine the change in the world population: the number of babies born and the number of people dying. WEEKLY LAND CLOSING UPDATE THROUGH DECEMBER 27, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. Phoenix city Pinal County Maricopa County Phoenix metro area Arizona United States Dec-21 Dec-22 Source: U.S. BLS, Local Area Unemployment Statistics. The total voting age population of Phoenix, Arizona, meaning US citizens 18 or older, is 1,015,961. Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me. Map. It is located about 1 hour northwest of Phoenix and offers its residents a cozy, small town feel. I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. Here's why Arizona can expect more heat, . 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. The current metro area population of Tucson in 2023 is 1,014,000, a 1.1% increase from 2022. Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, Properties and Investment Properties. 5TH. The vintage year (e.g., V2022) refers to the final year of the series (2020 thru 2022). Some of these canals later became used for the modern Arizona Canal and the Hayden-Rhodes Aqueduct. In addition to the medium series that we deem as the most likely scenario, we also produced a low series and a high series. Its projected 2025 population of 6.9 million will elevate it to seventh place, up from 13th in 2005. Its regularly ranked as one of the best suburbs in the state and has been attracting many young professionals, families, and retirees, too. Print. This content is only available to subscribers. The religious makeup of Phoenix is: 66% of the population of the city identified themselves as Christians, while 26% claimed no religious affiliation. The world population has grown rapidly, particularly over the past century: in 1900, there were fewer than 2 billion people on the planet. We visualize this and how country populations will change by 2100. . By 2030, about a quarter of the population will be seniors, according to the Arizona Department of Economic Security's State Plan on Aging. Here is our terms & conditions that stipulates how you can use this site. 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. With a 2023 population of 1,656,892, it is the largest city in Arizona and the 5th largest city in the United States.Phoenix is currently growing at a rate of 0.99% annually and its population has increased by 3.03% since the most recent census, which recorded a population of 1,608,139 in 2020. have a graduate or professional degree. Director and Research Professor, EBRC. (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. 2010 Population: 217,385 2020 Population: 250,923 Population Growth: +33,538 (15%) Location: Check on Google Maps. Which leaves 4.0% for the goods-producing industries (mining, construction, manufacturing). Check out my professional profile and connect with me on LinkedIn. The median gross monthly rent payment for renters in Phoenix is Phoenix Sky Harbor International Airport, dubbed Americas Friendliest Airport, is the main airport for the Greater Phoenix area. There are long-term questions about whether there is enough water to accommodate the expected growth in places such as Pinal County and Buckeye. Please refer to the Projections Methodology section near the bottom of the page for assumptions and input data used for these alternative series. The median household income in Phoenix is $57,459. Both the Phoenix and Tucson MSAs are forecast to add jobs, population, residents, and income during the forecast. Estimates are not comparable to other geographic levels due to methodology differences that may exist between different data sources. It was even named the best place to find a job by WalletHub in all of America. Chandler, Arizona is another suburb of Phoenix that has seen a rapid expansion in recent years. CLICK HERE: Arizona Opportunity Zones As We Understand /maps. an active broadband internet connection. 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. I also sold hundreds millions of dollars worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. Arizonas job growth continued at a moderate pace in the second quarter of 2017. 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. Based on the latest 2022 data from the US census, the This particular dataset tracks the number of announcements, not the number of jobs associated with the announcements. It's believed that sometime during 2013, Phoenix passed Philadelphia in population, although in 2016, Philadelphia again surpassed Phoenix. The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 35-44. Weekly Industrial Sales to February 24, 2023 / Phoenix / Maricopa and Pinal County Arizona.