CO State Demography Office provides review of just released U.S. Census Bureau estimates
Denver, CO – December 20, 2016 – The Census Bureau released their July 2016 population estimates today and the Colorado State Demography Office provided the following review:
The US increased by 2.2 million, an increase of .7%, and Colorado ranks 8th in the nation for total growth. The state’s population was estimated at 5,540,545, an increase of 91,726.
In percentage terms Colorado’s growth rate between the years 2015-2016 was 1.68 and ranked 7th in US. The faster growing states were Utah, Nevada, Idaho, Florida, Washington and Oregon. Florida and Washington were the only states larger than Colorado with faster growth rates. Utah, the fastest growing state at 2.0%, increased by 60,000. Interestingly, the six faster growing states also had the top fastest job growth in the US comparing BLS total non-farm June 2015 to June 2016. Colorado was also 7th in job growth.
Natural Increase (births minus deaths) accounted for 30,300 of the change or 33% where migration accounted for 60,700 of the change or 67% of the growth. Historically since 1970 Colorado has averaged 55% of its growth from migration. The factors leading to population growth in the top three growing states varied tremendously. In Texas, natural increase and net migration almost equally contribute to their growth. In Florida, almost 95% of their growth is from net migration. At the opposite end, California gets almost 90% of their growth from natural increase.
Total Population change between 2010 and 2016 is estimated at 511,221 which ranks 8th in the US behind Texas, California, Florida, Georgia, North Carolina, Washington, and Arizona. Colorado moved up one spot and is now the 21st largest state, inching above Minnesota. From 2010-16 CO ranks 4th in its average annual growth rate of 1.6% behind North Dakota, Texas and Utah.
The Census estimates are in line with the forecasts of the State Demography Office which indicate that Colorado is continuing to grow, but at a slightly slower pace.