Friday, September 12, 2014

Baby Boomtowns: The U.S. Cities Attracting The Most Families

New Geography reports:
Virtually all the metro areas where there has been the strongest growth in families from 2000 to 2013 are highly suburban, highly affordable and located in the South and Intermountain West. If they also have a strong economy, like top-ranked Raleigh, N.C., they are even more attractive. In concert with strong net in-migration, the number of children in the Raleigh metro area between the ages of 5 and 14 grew by 63,600 from 2000-13, or 55.7%. That’s roughly 10 times the national growth rate of 0.5% for this demographic.

The same combination of affordable housing and economic growth has helped No. 2 Austin, Texas, where there were 86,200 more children in 2013 than in 2000, growth of 49.3%, as well as No. 4 Charlotte, N.C. (+82,100, 32.9%).

Several of the high-ranked metro areas on our list are housing bubble hot spots that experienced rapid population growth in the first half of the last decade but then stalled out in the Recession. No. 3 Las Vegas posted 35% growth among 5 to 14 year olds from 2000 to 2010. Since 2010 its child population has expanded at a modest 2.3% rate. A similar pattern can be observed in No. 5 Phoenix.

In most of the top 10 metro areas on our list kids in the age range we looked at account for over 14% of the total population, compared to a national average of 13%. The city with the largest share of kids is No. 12 Salt Lake City, where 16.2% of the residents are between the ages of 5 and 14.
Check out the list at the end of the article.