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- These cities are gaining population the fastest—and these ones are losing it
These cities are gaining population the fastest—and these ones are losing it
ResiClub took a closer look at the latest Census population data.
Meghan Malas
June 19, 2024
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To see which U.S. cities are gaining and losing the most residents, ResiClub examined the latest Census data, including estimates for July 2023, for U.S. cities with populations of more than 20,000.
This is city proper data—NOT metro-level data.
Among all 1,875 U.S. cities in the Census dataset:
The 5 cities that saw the biggest year-over-year population gain
Celina, Texas: +26.6%
Fulshear, Texas: +25.6%
Princeton, Texas: +22.3%
Anna, Texas: +16.9%
Lathrop, California: +13.6%
The 5 cities that saw the biggest year-over-year population decline
Florence, Arizona: -4.7%
Twentynine Palms, California: -3.9%
Corcoran, California: -3.7%
Gallup, New Mexico: -2.4%
Sierra Vista, Arizona: -2.1%
Click here to view a searchable version of the table below featuring data for 1,875 U.S. cities
Among the 50 U.S. cities (see chart below) with the largest populations:
The 5 major cities that saw the biggest year-over-year population gain
Atlanta, Georgia: +2.4%
Fort Worth, Texas: +2.2%
Raleigh, North Carolina: +1.9%
Charlotte, North Carolina: +1.7%
San Antonio, Texas: +1.5%
The five major cities that saw the biggest year-over-year population decline
Philadelphia, Pennsylvania: -1.0%
New York, New York: -0.9%
Memphis, Tennessee: -0.8%
Long Beach, California: -0.8%
Portland, Oregon: -0.7%
Click here to view an searchable version of the table below featuring data for 1,875 U.S. cities
Big picture: The Sun Belt remains the epicenter of U.S. population growth.
On Tuesday, KB Home reported that it had 3,997 net new orders in the second quarter of 2024. That’s up +1.5% on a year-over-year basis.
KB Home’s net new home orders in Q2:
Q2 2019: 4,064 homes
Q2 2020: 1,758 homes (“COVID-19 lockdowns” quarter)
Q2 2021: 4,300 homes
Q2 2022: 3,914 homes
Q2 2023: 3,936 homes
Q2 2024: 3,997 homes
On their Tuesday earnings call, an analyst asked KB Home—a homebuilder ranked No. 545 on the Fortune 1000 list—about rising resale inventory in the U.S. Southeast, including Florida.
KB Home’s take 👇
“Sure. It's a good question. Resale is always our biggest competitor. So we're always focused on it. We've got to stay tethered to resale pricing. We have to have a reasonable premium, but I don't think we've really seen any big changes in demand yet related to resale levels coming up. I mean you talk about Florida and the headline is going to be something like resale inventory levels have exploded. They're double year over year. But when you dig into the markets, like I was specifically looking at [Tampa] earlier today, we're talking about going from, I think 1.8 months of supply to 3.6 months of supply. So while it has increased and it has become more of a formidable competitor than it was when the supply was less than 2 months [of supply]. It's still well below the historical norms. I think historical norms close to six months of supply that would be considered in balance. So definitely keeping an eye on it. Probably some impact to our sales in Florida in the quarter. But as I mentioned earlier, all of our regions performed well, every one of them with sales per month per community above five each month of the quarter. So I wouldn't say that we're seeing a big impact from that yet. It's just something that we will certainly stay tuned into and adjust as needed, though.”
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Nothing in this newsletter is investment advice. Please do your own research.