CoStar Analytics
Americans are leaving major cities in the Northeast, Midwest and West Coast for cities in the Southeast and Mountain West, new U.S. Census Bureau population estimates from 2021 show. And they’re increasingly bypassing large cities altogether.
Two Sun Belt metropolitan areas — Austin, Texas, and Raleigh, North Carolina — led the nation in population growth among regions with more than 1 million people. Both markets have increased their share of technology-related jobs in recent years, with Austin attracting several high-profile headquarter relocations from California, and Raleigh expanding its life sciences and pharmaceutical sector.
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