Arizona Real Estate Notebook

From the Phoenix Business Journal.

Arizona Population Growth

Arizona added 90,000 residents between April 1, 2010, and July 1, 2011. That equates to a 1.42 percent growth rate. Both in raw numbers and percentage terms, Arizona ranked eighth for growth.

Arizona’s population as of July 1, stood at 6,482,505. It is the 15th most-populous state.

Population growth is obviously critically important to economic growth in Arizona, especially construction and real estate.

United States Population

The United States as a whole saw its population increase by 2.8 million over the 15-month period, to 311.6 million. Its growth of 0.92 percent between April 1, 2010, and July 1, 2011, was the lowest since the mid-1940s.

Fastest Growing States

1. Washington D.C. (2.7%)
2. Texas (2.1%)
3. Utah (1.9%)
4. Alaska (1.8%)
5. Colorado (1.7%)
6. North Dakota (1.7%)