migration

Photo courtesy Wikimedia Commons

How many people are coming — and leaving — Dallas County? Has there been a local shift to more affordable new homes? What local journalist has been tapped to be a keynote speaker at a financial services conference?

We have all this in this week’s roundup of real estate news.

Dallas County Posts Some of the Highest In-and-Out Migration Numbers

Texas has the second-highest domestic in-and-out migration in the country — and Dallas County and Harris County have some of the biggest influxes of new residents, new U.S. Census data revealed last week.

The 2017 American Community Survey revealed that Dallas and Harris counties had some of the highest inbound migration numbers, with 117,129 moving to Dallas County and 175,286 moving to Harris County. (more…)

populationTwo out of three of the metropolitan areas that had the largest population growth were in Texas, and three Texas metropolitan areas were in the top 10 nationally, new census figures revealed.

The Dallas-Fort Worth-Arlington MSA topped the nation when it came to numeric population growth, the most recent Census Bureau data revealed Thursday, with a gain of 131,767 in 2018, or 1.8 percent.

Census officials attribute the growth to migration — both domestic and international migration — as well as natural increase (having more births than deaths). In fact, natural increase impacted DFW growth the most, while domestic migration was the largest source in Phoenix.

“One interesting trend we are seeing this year is that metro areas not among the most populous are ranked in the top 10 for population growth,” Sandra Johnson, a demographer in the Census Bureau’s Population Division, said in a statement. “Though no new metro areas moved into the top 10 largest areas, Phoenix, Seattle, Austin, and Orlando all experienced numeric increases in population since 2010, rivaling growth in areas with much larger populations. This trend is consistent with the overall growth we are seeing in the south and the west.” (more…)

Source: U.S. Census Bureau

Of the 10 U.S. states with the highest numeric growth, just one, Colorado, sees snow on a regular basis according to the latest U.S. Census data. Air-conditioning and an aversion to the cold continue to increase interest in warmer climates.

The state with the highest population growth should come as no surprise. Texas’ population grew by 1.3 percent, equaling 379,128 residents from July 1, 2017 to July 1, 2018. Texas also retains its crown as the second-most-populous state at 28,701,845, still some 11 million fewer than No. 1, California’s 39,557,045 residents. However with Texas adding more than twice the new residents as California, we may catch them yet.

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The US Census Bureau, along with researchers from Harvard and Brown universities, tracked the economic trajectories of 20 million children beginning in the mid-1980s (aged mid-30s today). The result is the Opportunity Atlas, an interactive map that overlays multiple data points onto each of the 70,000 Census tracks in the country (a Census tract contains 4,200 people). Data tracked includes parental income level, race and gender along with incarceration rates.

The most interesting conclusions showed that while average neighborhood income is certainly a key indicator, neighborhoods with similar incomes, in close proximity, produced startlingly different outcomes for children. It’s here where I’ll say that while the data collected can be used by policymakers to influence spending and programs, there is no specific “eureka” that turns around the economic trajectories of a neighborhood’s children. Bethany Erickson already looked at this issue thoroughly, but there is more to be said about the numbers.

The major levers are neighborhood income (what I’ll call “hope”), two-parent households (familial stability), rates of incarceration (despair) and, of course, race and gender. What’s interesting is that easy conclusions can’t really be made. There’s a “secret sauce” at work.

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Source: US Census

Yesterday, the U.S. Census released their latest numbers tracking population growth and distribution.  Surprise, surprise! Six of the top 10 largest-gaining counties were in Texas.  Surprise, surprise, surprise! Four of those were in the Metroplex – Collin, Dallas, Denton, and Tarrant. Totted-up, from July 2016 to July 2017, the Metroplex added 146,238 new residents, the most of any metro area. That’s a 12.4 percent gain … year over year!

Still think we’re overbuilding?

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