Quote:
Originally Posted by BG918
I remember in the 90’s and 00’s when Las Vegas was the fastest growing metro seemingly every year, along with Phoenix, Charlotte and Atlanta. All four of those metros have fallen off quite a bit (especially Las Vegas) but are still some of the fastest growing metros.
Las Vegas and Phoenix were some of the hardest hit areas during the Great Recession though Phoenix has really ramped up its economic growth over the past five year, Vegas not as much it’s still very tourist-dependent. Atlanta and Charlotte were hit hard as well when their financial institutions and corporations were failing and consolidating. Atlanta has recovered nicely over the past decade but Charlotte hasn’t though things look like they are trending up there.
Raleigh/Durham and the Research Triangle continues to be a magnet, I see that continuing as it’s a good landing spot for those leaving the northeast and immigrants with lots of good paying jobs and a favorable climate. Orlando has also rebounded after taking a beating during the Recession and is still seeing impressive growth along with the other Florida cities like Tampa and Jacksonville.
One interesting thing I noticed is that cities with constantly high crime rates like Chicago, St Louis, Birmingham, Memphis, Baltimore and Detroit saw marked declines in the past decade, and that could be one of the culprits as people flee higher crime inner city neighborhoods.
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I started to track US metro areas population by 2000, just before US Census release their numbers. A nerd child, I was.
And indeed,
Las Vegas was insane. Using Clark County:
1990: 741,459
2000: 1,375,765 --- 85.5%
2010: 1,951,269 --- 41.8%
2019: 2,266,715 --- 16.2%
I remember vividly about the news on how hard Las Vegas was hit by 2008. At some point, they were barely growing. They somehow recovery, but they are at normal rates, even though California is hemorraging people more than ever.
Phoenix:
1990: 2,238,480
2000: 3,251,876 --- 45.3%
2010: 4,192,887 --- 28.9%
2019: 4,948,203 --- 18.0%
Phoenix was also damaged, but they rebounded and now it's growing faster than Las Vegas, but a much more modest rates than the past decades.
Atlanta, the star of the 1990's, it also slowed down much faster than their oppoents Dallas and Houston. Maybe it's the competition from Charlotte, Nashville and Raleigh.
Atlanta
1990: 3,082,308
2000: 4,263,438 --- 38.3%
2010: 5,286,728 --- 24.0%
2019: 6,020,364 --- 13.9%
Houston
1990: 3,750,883
2000: 4,693,161 --- 25.1%
2010: 5,920,416 --- 26.1%
2019: 7,066,141 --- 19.3%
Dallas
1990: 3,984,437
2000: 5,156,217 --- 29.4%
2010: 6,366,542 --- 23.5%
2019: 7,573,136 --- 18.9%