The U.S. Census Bureau released their annual population trends data for 2023 yesterday. Americans continue to leave the northeast with the south experiencing the largest inflow of new residents; accounting for 87% of the nation’s growth in 2023.
Top 10 States by Numeric Growth: 2022 to 2023
1. Texas – 473,453
2. Florida – 365,205
3. North Carolina – 139,526
4. Georgia – 116,077
5. South Carolina – 90,600
6. Tennessee – 77,513
7. Arizona – 65,660
8. Virginia – 36,599
9. Colorado – 36,571
10. Utah – 36,498
Top 10 States by Percentage Growth: 2022 to 2023
1. South Carolina – 1.7%
2. Florida – 1.6%
3. Texas – 1.6%
4. Idaho – 1.3%
5. North Carolina – 1.3%
6. Delaware – 1.2%
7. District of Columbia – 1.2%
8. Tennessee – 1.1%
9. Utah – 1.1%
10. Georgia – 1.1%
Multifamily Market News 