Population Growth/Decline

Growing Market

With a 2 Year Compound Annual Growth Rate (CAGR) of 0.85% the Phoenix-Mesa-Tucson, AZ Market is growing. It ranks 38th in 2 year population change across all STI Markets.

Components of Change

Natural growth

With 70,198 Births and 55,355 Deaths in the last year there was a net change of 14,843 population from natural causes. That equates to a natural growth of 0.22%.

Migratory growth

Net migration in the Phoenix-Mesa-Tucson, AZ market in the last year was 43,411. This amounts to a migratory growth of 0.65%.

STI Markets Comparison

Components of Change for STI Markets

Figure 3: Components of Change for STI Markets