Author: Matt Waskow, RMA
Despite macroeconomic conditions in the multifamily sector, D-FW continues to have strong and growing fundamentals, leading the nation in population growth from 2022 to 2023. D-FW also trailed only Chicago for the most business relocation or expansion projects in 2023 as well.
Is there a megaregion in the US with a comparable growth trajectory to the Texas Triangle? In the five-year period from 2018 to 2023, Texas attracted 209 headquarters relocations, the most in the nation. Of those, 66 landed in Austin, 32 in D-FW and 25 in Houston.
Metro Area Population Growth July 2022 – July 2023 (Rankings)
1) Dallas-Fort Worth-Arlington, TX – 152,598
2) Houston-Pasadena-The Woodlands, TX – 139,789
7) Austin-Round Rock-San Marcos, TX – 50,105
9) San Antonio-New Braunfels, TX – 48,071
“D-FW grew by the size of a large suburb last year. D-FW’s population now stands at 8.1 million, according to the estimates released Thursday that provide a first look at demographic changes across the country in 2023.”