Capitalize Financial
No Result
View All Result
Sunday, April 2, 2023
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Booms in Idaho, Utah buck the curve of slowing US growth

by capitalizefinancial
May 2, 2021
in Sports
0
Booms in Idaho, Utah buck the curve of slowing US growth

Two Western states known for their rugged landscapes and wide-open spaces are bucking the trend of sluggish U.S. population growth, which dipped to the lowest level since the Great Depression, though different forces are powering the population booms in Utah and Idaho.

In Utah, births largely drove the fastest growth in the country over the past decade. In neighboring Idaho, newcomers from California and other states helped it capture the second spot.

I don’t ever remember seeing anything like this,” said Bill Rauer, executive officer of the Idaho Building Contractors Association in southwest Idaho, the state’s most populous area. “(Builders) are running at a breakneck pace right now.”

For both states, which have long been lightly populated, the expansion comes with rapid economic growth, sparking concerns about strains on infrastructure, rising housing prices and a sharp increase in the cost of living that could threaten the area’s quality of life in the long term.

As the states tucked between the Rocky Mountains and the West Coast enter the next decade, leaders will have to wrestle with how to keep the growth rolling without letting costs spiral out of control for individual households or straining the natural resources that help draw people to the area.

The majority of Idaho’s growth, about 60%, has been driven by people moving into the state between 2010 to 2019, according to data from the Census Bureau’s American Community Survey. One in five of those came from California, many of them retirees seeking lower housing prices and some of the most pristine wilderness in the continental U.S.

The biggest growth driver in Utah, by contrast, is new births. As home to The Church of Jesus Christ of Latter-day Saints, a faith that puts a high value on family, Utah has long been among the states with the highest birth rate, largest households and youngest overall population: 31 years old compared to 38 in the U.S. as a whole in 2019.

READMORE..
No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.
  • Trending
  • Comments
  • Latest

Capital One Savings Account Rates for November 2022

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

7 personal finance tips for Gen Z, from a Gen Xer

NASA’s Orion spacecraft breaks Apollo 13 flight record

These are the 10 housing markets across the US where home sellers are sitting pretty

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy & Policy
  • Terms Of Service
  • Unsubscribe

© 2021 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 capitalize Financial All Rights Reserved