Business View Magazine l November 2022

12 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 11 The top 15 largest cities remained the same as in 2020 although more than half experienced decreases in their population between 2020 and 2021 Modest Housing Unit Growth in Nearly All States • The nation’s housing stock grew by about 1.3 million units between July 2020 and July 2021, reaching a total of 142.2 million. The annual growth rate of 1.0% from 2020 to 2021 increased slightly from 0.8% in the 2019 to 2020 period. • California had the largest number of housing units (14.5 million) on July 1, 2021, followed by Texas (11.9 million) and Florida (10.1 million). The states with the fewest housing units were Wyoming (274,400) and Alaska (327,900). • Utah experienced the nation’s fastest growth in housing units, with an increase of 2.7 percent between July 1, 2020, and July 1, 2021, followed by Idaho (2.5%) and Texas (2.0%). • The states with the slowest housing growth were Rhode Island (0.2%), Illinois (0.2%) and West Virginia (0.3%). The complete list is available at Percentage Change of Housing Units by State Map. • The top five counties with the largest numeric gains in housing units between July 1, 2020, and July 1, 2021, were Harris County, Texas (34,132); Maricopa County, Arizona (29,935); Travis County, Texas (25,693); Los Angeles County, California (22,925); and Fort Bend County, Texas (14,230). • The fastest-growing county was Rockwall County, Texas, which increased by 6.5% between July 1, 2020, and July 1, 2021, followed by Chambers County, Texas (5.7%); Jasper County, South Carolina (5.4%); Hays and Comal counties in Texas, and Morgan County, Georgia (5.2%) were tied for fourth fastest growing, followed by Fort Bend County (5.1%); and Long County, Georgia (5.0%). Source: US Census Bureau, First published May 26, 2022