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May 16, 2024 –Economy
Exurb boom: America’s fastest-growing cities
- Alex Fitzpatrick, author ofAxios What’s Next
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Change in population, 2022 to 2023Among cities with at least 250k residents in 2023The bar chart shows the U.S. cities with the greatest percentage changes in population from 2022 to 2023. Atlanta, Fort Worth, Texas, and Raleigh, N.C., experienced the most growth, while New Orleans, St. Louis, and Philadelphia saw the largest declines.Most increasedAtlanta+2.4%Fort Worth, Texas+2.2Raleigh, N.C.+1.9Henderson, Nev.+1.8Charlotte, N.C.+1.7Most decreasedMemphis, Tenn.-0.8New York-0.9Philadelphia-1.0St. Louis-1.6New Orleans-1.6Data: U.S. Census; Chart: Erin Davis/Axios VisualsAtlanta, Fort Worth and Raleigh are America’s fastest-growing cities with more than 250,000 residents as of 2023, according to new U.S. Census Bureau data out today.Why it matters: Late-pandemic shifts in where Americans live are still shaking out — with big implications for cities seeing massive growth or rapid decline.
By the numbers: Atlanta grew by 2.42% between 2022 and 2023, and now has 510,823 residents.
- Fort Worth grew by 2.23% with 978,468 residents in 2023, and Raleigh grew by 1.87%, with 482,295 residents.
Losers: New Orleans (shrank -1.56%, to 364,136 residents), St. Louis (-1.55%, to 281,754 residents) and Philadelphia (-1.04%, to 1,550,542 residents).
The big picture: Southern cities dominate the list of the fastest-growing big metros, with Florida and Texas alone accounting for eight of the top 20.
- That reflects a continued trend of Americans flocking to areas of the country that face some of the greatest climate risks.
Between the lines: Some of America’s fastest-growing places are not cities themselves, but their outer suburbs, or “exurbs.”
- “Fewer of the fastest-growing places between 2022 and 2023 were inner suburbs than in 2019 … and more were on the far outskirts of metro areas — 30, 40 and even more than 60 miles away from the largest city’s downtown,” according to a Census Bureau analysis.
- That’s a particularly pronounced phenomenon in the Phoenix metro area, where four exurbs made up a third of the broader area’s population growth in 2023, the Bureau says.
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Go deeper
- Samuel Robinson, author ofAxios Detroit
May 15, 2024-Axios Detroit
Detroit wants decision in population case against Census Bureau
City attorneys are pushing for an end to Detroit’s ongoing fight against the U.S. Census Bureau for alleged population undercounts.
Catch up fast: The city filed a motion last week for a judge to rule on at least part of its complaint in its lawsuit filed against the bureau in March.
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- Mike D’Onofrio, author ofAxios Philadelphia
May 14, 2024-Axios Philadelphia
Philadelphia is an emerging hub for managers
More bosses in the Philadelphia region are managing employees who live far away compared to other big cities, per a new report from ADP Research Institute.
Why it matters: While remote work makes it easier for teams to spread across the country, Philadelphia is emerging as a hub for top brass.
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- Nick Halter, author ofAxios Twin Cities
May 15, 2024-Axios Twin Cities
The cranes that dotted Twin Cities skylines are disappearing
The Minneapolis 2040 plan that allows for denser housing is back, but don’t expect to see the city start booming with apartment towers again.
Why it matters: The plan was just one of many factors that contributed to a spike in new housing construction that several experts have credited with keeping rents in the Twin Cities from growing as fast as other metro areas in recent years.
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