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PHOENIX MARKETFLASH
pHOENIX mETRO #1 FOR nET mIGRATION
APRIL 3, 2020
The Phoenix metro added 98,994 people from mid-year 2018 to mid-year 2019, according to the most recent estimates released by the U.S. Census Bureau. Nearly 80% of this gain was attributed to net migration. Phoenix was the number one metro for net migration, adding 77,664 people. These gains pushed Phoenix into the top ten most populous metropolitan areas.
Figure 1: Top 10 Metros for Net Migration
Source: U.S Census Bureau, CBRE Research, 2020.
Number of people added due to net migration from July 2018 to July 2019.
Figure 2: Top 10 Populous Metros
Source: U.S. Census Bureau, CBRE Research, 2020.
Contact
VANESSA VOGEL
Senior Research Analyst
CBRE Arizona
+1 602 912 5215
vanessa.vogel@cbre.com
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