Arizona and its cities: It’s all a matter of growing up; a basis for new construction, says real estate consultant Jim Belfiore

Aerial view Gilbert/The Guerro Group
Aerial view Gilbert/The Guerrero Group

By Phil Riske | Senior Reporter/Writer

Phoenix is heading to become the nation’s fifth most populous city when next year’s Census estimates are released.

Meanwhile, seven of the nation’s fastest-growing cities are in Texas, according to new data, and Buckeye is included in the top 10, with a one-year population change (2014-2015) of 4.30 percent.

Most areas with the strongest gains are concentrated in the southern U.S. and parts of the West Coast. The Sun Belt, in particular, is experiencing an uptick in migration after a slowdown following the recession, Governing magazine reports.

The following population growth table lists the most recent estimates for all Arizona jurisdictions with populations of at least 50,000 compared to 2014 populations:

Screen Shot 2016-05-20 at 3.25.32 PM

Estimates are current as of July of each year.

SOURCE: U.S. Census Bureau

“With population growth returning to pre-recession levels, housing demand has begun picking up, as well. Metro Phoenix area cities such as Buckeye and Casa Grande- long dormant following the Great Recession and housing bubble burst- are now showing promising growth in household formations, the basis for new construction.”

~ Jim Belfiore. Belfiore Consulting

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May 2016