Arizona sees biggest population increase since 2008

    az state flagArizona’s population increased 1.5 percent over 2013 to 6.7 million, according to new data from the U.S. Census Bureau.  Even though Arizona saw fewer than 100,000 new residents, it’s the largest year-over-year population increase since 2008, when the state’s growth rate was 1.8 percent.

    The majority of that increase came from senior citizens, 65 and older. As a demographic they increased by 4.5 percent over 2013.  Through the recession, Arizona grew at less than 1 percent each year with a low in 2010 of 0.32 percent. In 2006, at the height of the housing boom, the state grew 3.3 percent over 2005.

    Today, Arizona has 6,711,844 people. Ten years ago, the population stood at 5.8 million.  Looking back, Arizona increased its population 15 percent over 2005, adding 873,000 new residents through births and inward migration.

    Last year’s 97,374 population increase is the highest number since the 112,000 increase in 2008.  The state’s workforce, population 16 to 65 years old, increased just 1 percent over 2013 and the number of children in the state moved up just 0.2 percent from last year.  In comparison, the U.S. population increased 0.8 percent to 317,631,125.

    Arizona population trend 2005-2010

    -2005 5,839,000
    -2006 6,029,000
    -2007 6,168,000
    -2008 6,280,000
    -2009 6,343,000
    -2010 6,390,079
    -2011 6,451,538
    -2012 6,536,241
    -2013 6,614,470
    -2014 6,711,844

    BY: Eric Jay Toll  Phoenix Business Journal

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