Thursday, June 08, 2006

U.S. Population Movement

Which states are people moving to? Top 3 states with an increase in population from July 2000 to July 2004:

Florida +190,894
Arizona + 66,344
Nevada + 50,803

Which states are people moving away from? Top 3 states with the highest decrease in population from July 2000 to July 2004:

New York -182,886
California -99,039
Illinois -71,854

An interesting sidenote here--3 of the hottest real estate markets this decade so far have been Florida, Arizona and Nevada. All three of them are cooling off now.

How has Colorado done recently? From 1990 to 2000, Colorado averaged an increase of +43,518 annually. From 2000 to 2004, Colorado averaged an increase of +8,280 annually. For our real estate market to pick up steam again we need more people moving to our state which comes from job growth.

Information from U.S. Census Bureau
http://www.census.gov/prod/2006pubs/p25-1135.pdf

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