The 2017 population projections series updates the prior series released in 2014, which was the first to incorporate separate assumptions about the fertility of native and foreign-born women living in the United States, since the latter tend to have higher fertility rates. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). These data did not paint such a rosy picture in June. Arizona's 30-year outlook: Short-run trouble, long-run growth As soon as this statistic is updated, you will immediately be notified via e-mail. Utah experienced the nations fastest growth in housing units, with an increase of 2.7 percent between July 1, 2020, and July 1, 2021, followed by Idaho (2.5%) and Texas (2.0%). The vintage 2016 sub-county projections only covered 2016-2050 so a new procedure was needed to extend the current series to 2055. The baseline forecast assumes that the current surge in the spread of the coronavirus is contained quickly and that there is no major resurgence in the fall. A locked padlock Some of the files may require a plug-in or additional software to view. Keep in mind that the projections may be subject to large revisions in the future as new information impacts the outlook. 877-861-2010 (U.S. and Canada only) Copyright 2022 The Arizona Board of Regents on behalf of The University of Arizona. Community Profiles - AZMAG The states with the slowest housing growth were Rhode Island (0.2%), Illinois (0.2%) and West Virginia (0.3%). Those towns are not getting worse, they're getting better. The state also adds 1.58 million jobs and $343 billion in real personal income. Historical and Projected Gains to Life Expectancy, 1960-2060. U.S. - projected state population by state 2040 | Statista Whether or not the state makes significant progress in closing the income gap with the U.S. will depend in large part on investments in education, as well as other drivers of innovation. These projections do not include any assumptions about the possible long-run impacts of the pandemic on the U.S. economy. The series uses the cohort-component method and historical trends in births, deaths, and international migration to project the future size and composition of the national population. U.S. Census Bureau QuickFacts: Arizona Once the pandemic is over, the state will once again consistently generate robust job, outlook, and population gains. Eight of the 15 fastest-growing large cities or towns by percent change were in the West with five in Arizona and seven in the South. In. All rights reserved. A paid subscription is required for full access. Explore census data with visualizations and view tutorials. hbbd``b`fs%`A\ $g`bec`$&@ 3B The average weekly wage in the Phoenix MSA for 2018was $1,038and the average annual wage in the Phoenix MSA was $53,966, putting the MSA in the top 20% of large regions nationally. Future Population Growth - Our World in Data If you are an admin, please authenticate by logging in again. A .gov website belongs to an official government organization in the United States. Fastest-Growing Cities Are Still in the West and South, Survey of Income and Program Participation (SIPP), population estimates for cities and towns, Percentage Change of Housing Units by State Map, release estimates of the July 1, 2021, population, www.census.gov/programs-surveys/popest/about/schedule.html, www.census.gov/programs-surveys/popest/technical-documentation/methodology.html. Lock Arizonas job-population ratio rises during the next 30 years, reaching 44.1% by 2050. The U.S. unemployment rate hits 8.6% on average in 2020 before falling to 6.3% in 2021 and 5.3% in 2022. The July 2020 forecast from IHS Markit underpins the state projections. This data is critical for government programs, policies, and decision-making. Employment begins to recover in the third quarter of 2020 (just as in the baseline), but does not reach the previous peak until the third quarter of 2022. (2019). The 30-year forecasts call for job, income, and sales growth in Arizona to gradually decelerate, reflecting slowing population gains due to the aging of the baby boom generation. U.S. Census Bureau - Population Estimates. If you think it's hot now, just wait: Some climate researchers predict Arizona will be unlivable by 2050. Accessed May 01, 2023. https://www.statista.com/statistics/312714/us-projected-state-population-by-state/. Our surveys provide periodic and comprehensive statistics about the nation. Population: Total Population National Ranking Population Projections In-Migration 2017 Net Migration 2017 Educational Attainment 2017 Age 2018 Household income 2018 Race & Ethnicity Other Economic Indicators: Real GDP Growth Loading. The current metro area population of Phoenix in 2023 is 4,717,000, a 1.4% increase from 2022. With roughly 83 million people being added to the worlds population every year, the upward trend in population size is expected to continue, even assuming that fertility levels will continue to decline. Official websites use .gov This data is critical for government programs, policies, and decision-making. 5513 0 obj <>stream Official websites use .gov Income growth is forecast to slow to 2.8% next year, as the fiscal stimulus is replaced by organic income gains. Measuring America's People, Places, and Economy. Personal Income Compare Western States and U.S. Unemployment Rate, SA Compare Western States and U.S. Register Now for the 2023 Eller Breakfast with the Arizona Personal Income Growth Ended 2022 on a High Maricopa County Leads the Nation in Population Growth. MAG produces population and employment projections by municipal planning area (MPA), incorporated jurisdiction, and regional analysis zone (RAZ). International Population Estimates and Projections. As Exhibit 1 shows, state job gains rebound strongly from the COVID-19 recession, then decelerate to just over 1.0% per year by 2050. These data result from a survey of establishments and exclude agricultural workers and the self employed. During the next 30 years, Arizona population is forecast to rise by 2.81 million, hitting 10.1 million by 2050. The fastest-growing county was Rockwall County, Texas, which increased by 6.5% between July 1, 2020, and July 1, 2021, followed by Chambers County, Texas (5.7%); Jasper County, South Carolina (5.4%); Hays and Comal counties in Texas, and Morgan County, Georgia (5.2%) were tied for. Nonfarm employment in the state bounced back during May and June, with over-the-month gains of 62,900 and 73,800, respectively. The 30-year forecasts call for job, income, and sales growth in Arizona to gradually decelerate, reflecting slowing population gains due to the aging of the baby boom generation. Water resources and other environmental concerns will also have an important influence on growth in coming decades. The top five counties with the largest numeric gains in housing units between July 1, 2020, and July 1, 2021, were Harris County, Texas (34,132); Maricopa County, Arizona (29,935); Travis County, Texas (25,693); Los Angeles County, California (22,925); and Fort Bend County, Texas (14,230). The nations housing stock grew by about 1.3 million units between July 2020 and July 2021, reaching a total of 142.2 million. Note: Text in bold was updated at 10am on May 26, 2022. State-level population projections come from the Arizona Office of Economic Opportunity's baseline projections (medium series). Learn more about how Statista can support your business. endstream endobj startxref While Arizona makes progress during the forecast, the rate remains well below the nation, reflecting the states demographic mix. Source: U.S. Bureau of Labor Statistics, Current Employment Statistics, Super Sectors Phoenix-Mesa-Scottsdale MSA Nonfarm Employment 2018Annual Average, * Transaction Privilege and Severance Tax, Source: Arizona Department of Revenue 2019 Annual Report. As a Premium user you get access to the detailed source references and background information about this statistic. Our surveys provide periodic and comprehensive statistics about the nation. Population in the states of the U.S. 2022, U.S. real Gross Domestic Product 2021, by state, U.S. real gross domestic product 2022, by state, U.S. state and local government outstanding debt 2020, by state. These assumptions generate a continued gradual recovery in Arizona through the second half of 2020 and into 2021. These tables feature 2017 National Population Projections by age, sex, race, Hispanic origin, and nativity. In, University of Virginia (Weldon Cooper Center for Public Service). We have provided a few examples below that you can copy and paste to your site: Your data export is now complete.

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