If you live in Austin, you now live in one of only 11 US cities with at least 1 million residents.
According to a new estimate by the city of Austin, Austin had 1,003,615 residents as of July 1. Three other cities in Texas already had at least 1 million residents – Dallas, Houston, and San Antonio. This means that Texas now has more than a million residents than any other state. Just behind Texas is California with three cities with at least 1 million inhabitants (Los Angeles, San Diego and San Jose).
According to the United Nations, 23 percent of the world’s population lived in a city with at least 1 million inhabitants in 2018. In 2030, 28 percent of the world’s people are expected to be concentrated in cities with at least 1 million inhabitants.
The updated population estimate for Austin was the work of the city’s longtime demographer Ryan Robinson. He retired on June 30th after more than 30 years with the City of Austin. “It’s the end of an era,” says Matt Dugan, director of the city’s long-term planning department.
According to the city’s Imagine Austin newsletter, Austin was the second fastest growing major city in the United States from 2018 to 2019, up 1.68 percent. Only Fort Worth had a one year higher growth rate (1.8 percent).
Forecasters predict that Austin will jump past San Jose in 2021 to become the 10th largest city in the country. From 2018 to 2019, the population in San Jose decreased 0.61 percent.
Data suggests the city of Austin and the entire subway area will benefit from pandemic-triggered moves from expensive locations like Los Angeles, New York City, and San Francisco. For example, real estate agency Redfin has already seen a surge in people from the San Francisco Bay Area looking for homes in the capital.
“People are starting to take the plunge and move away from big, expensive cities, even though most of them have probably already considered changing their lifestyle,” Redfin economist Taylor Marr said in a press release. “The associated pandemic and the ability to work from home [are] Accelerating pre-existing migration patterns to relatively affordable parts of the country. “
The Imagine Austin Newsletter notes that while population growth within the city limits has slowed in recent years – especially compared to the booming suburbs – Austin remains one of the fastest growing major cities in the United States. This is mainly due to the population growth in almost all countries other large metros have become younger in recent years.
According to an estimate by the city of Austin, the population of the Austin metropolitan area as of July 1 was 2,307,753. This sum corresponds roughly to the estimated size of the subway areas Pittsburgh and Sacramento in July 2019. At this point in time, Austin was ranked 29th among the largest subway areas in the country, between Las Vegas and Cincinnati is in 30th place.
From 2010 to 2019, the Austin area’s population rose 30 percent. This makes it the fastest growing major metropolitan area in the United States and the third fastest metropolitan area overall.