What are the Top Counties for Population Growth?

What are the Top Counties for Population Growth? | Blog | InvestingTE.com
What are the Top Counties for Population Growth? | Blog | InvestingTE.com

There are counties that are growing at a rapid pace.

Where are they and why are they growing?

There are many reasons why economies grow in population.

An obvious reason is that people really like the area and want to move there.

However, there are several data-based reasons that we can also pinpoint.

In today’s, article we will discuss the top five counties with the highest increase in population.

Let’s get started.

The data in this article is courtesy of Census.gov, City-Data.com and Datausa.io.

Top Five Counties for Population Growth

What are the Top Counties for Population Growth? | Blog | InvestingTE.com
What are the Top Counties for Population Growth? | Blog | InvestingTE.com

5. Comal County, TX

Comal County is the home of New Braunfels, Canyon Lake, Bulverde and Garden Ridge.

  • From 2010 to 2020, Comal County has grown by 48.9%. The population as of 2021 was 174,986 people.
  • Comal County is on the I-35 corridor between Austin, TX and San Antonio.
  • Job growth has been consistently rising which has went from approximately 30,000 in 2000, to approximately 65,000 in 2021.
    • That is 116% total growth or 5.5% growth per year. Employment growth is a huge catalyst to population growth.
  • Median household income in 1999 was $46,147. By 2021, median household income was $93,829. That is a 103% increase or 4.68% income growth per year.
    • The stimulus new employment and wage growth brings, stimulates the local economy and home ownership.
  • Median house/condo value in 2000 was $102,100. By 2021, median house/condo value was $369,500. That’s a 262% increase or 12.47% appreciation per year.

4. Dallas County, IA

Dallas County is the home of Perry, Waukee, Adel, Dallas Center, Woodward, De Soto, Van Meter, Redfield, Dexter and Granger.

  • From 2010 to 2020, Dallas County has grown by 50.7%. The population as of 2021 was 103,796 people.
  • Dallas County is on the I-80 corridor between Des Moines, IA and Omaha, NE.
  • Job growth has been consistently rising which has went from approximately 16,000 in 2000, to approximately 49,000 in 2021.
    • That is 206% total growth or 9.8% growth per year. Employment growth is a huge catalyst to population growth.
  • Median household income in 1999 was $48,528. By 2021, median household income was $90,750. That is a 87% increase or 3.95% income growth per year.
    • The stimulus that new employment and wage growth brings, stimulates the local economy and home ownership.
  • Median house/condo value in 2000 was $105,800. By 2021, median house/condo value was $283,100. That’s a 167% increase or 7.95% appreciation per year.

3. Hays County, TX

Hays County is the home of San Marcos, Kyle, Wimberley, Buda, Dripping Springs, Woodcreek, Mountain City, Bear Creek, Hays and Driftwood.

  • From 2010 to 2020, Hays County has grown by 53.4%. The population as of 2021 was 255,397 people.
  • Hays County is also on the I-35 corridor between between Austin, TX and San Antonio.
  • Job growth has been consistently rising which has went from approximately 34,000 in 2000, to approximately 80,000 in 2021.
    • That is 135% total growth or 6.42% growth per year. Employment growth is a huge catalyst to population growth.
  • Median household income in 1999 was $45,006. By 2021, median household income was $76,842. That is a 70.7% increase or 3.21% income growth per year.
    • The stimulus that new employment and wage growth brings, stimulates the local economy and home ownership.
  • Median house/condo value in 2000 was $116,700. By 2021, median house/condo value was $344,000. That’s a 194.7% increase or 9.27% appreciation per year.

2. Williams County, ND

Williams County is the home of Williston, Tioga, Ray, Grenora, Wildrose, Epping, Alamo and Springbrook.

  • From 2010 to 2020, Williams County has grown by 82.8%. The population as of 2021 was 38,539 people.
  • Williams County is also on the I-2 corridor and borders the state of Montana.
  • Job growth has been consistently rising which has went from approximately 8,000 in 2000, to approximately 22,000 in 2021.
    • That is 175% total growth or 8.33% growth per year. Employment growth is a huge catalyst to population growth.
  • Median household income in 1999 was $31,491. By 2021, median household income was $78,245. That is a 148.4% increase or 6.74% income growth per year.
    • The stimulus that new employment and wage growth brings, stimulates the local economy and home ownership.
  • Median house/condo value in 2000 was $53,500. By 2021, median house/condo value was $257,328. That’s a 380.9% increase or 18.13% appreciation per year.

1. McKenzie County, ND

McKenzie County is the home of Watford City, Mandaree, Four Bears Village, Alexander, Arnegard, East Fairview and Rawson.

  • From 2010 to 2020, McKenzie County has grown by 82.8%. The population as of 2021 was 38,539 people.
  • McKenzie County is also on the I-85 corridor and borders the state of Montana.
  • Job growth has been consistently rising which has went from approximately 2,500 in 2000, to approximately 10,000 in 2021. That is 300% total growth or 14.28% growth per year. Employment growth is a huge catalyst to population growth.
  • Median household income in 1999 was $29,342. By 2021, median household income was $76,586. That is a 161% increase or 7.31% income growth per year.
    • The stimulus that new employment and wage growth brings, stimulates the local economy and home ownership.
  • Median house/condo value in 2000 was $46,800. By 2021, median house/condo value was $330,774. That’s a 606.7% increase or 28.89% appreciation per year.

Conclusion

What are the Top Counties for Population Growth? | Blog | InvestingTE.com
What are the Top Counties for Population Growth? | Blog | InvestingTE.com

As you can see there is a direct correlation to population growth and economic growth.

When new employment arrives it stimulates the local economy.

  • When that commerce settles in, home ownership increases.
  • With the uptick in homeownership, the buyer demand also increases.
  • Buyer demand impacts home values and drives appreciation.

If the local economy doesn’t have enough homes available, new construction occurs.

Thanks for joining us today faithful readers – future leaders.

We hope this article has been helpful for you.

Love ya and please continue to strive to exceed expectations.

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