St Louis Area Population Growth Nearly Flat But Asians and Males on The Rise

The St Louis 5-county core had a total population of 2,027,996 in 2017, up from 2,000,405 in 2010.  The population increase os 27,591 represents a very modest population increase of just 1.36% for the 7-year period, according to the latest date from the U.S. Census Bureau.  As the table below shows, the number of Asian people in St Louis grew by 11,913 during the period, an amount equal to 43% of the total St Louis population growth.

The St Louis 5-county core consists of the city of St Louis and the counties of St Louis, St Charles, Jefferson and Franklin.  As shown below, three of the five counties experienced a growth in population from 2010 to 2017 with St Charles having the greatest growth at over 8.5%.  The city of St Louis experienced the largest population decline with a loss of about 3.5% of its population during the 7-year period.

Another interesting tidbit in the data below is the growth in the male population in the St Louis 5-county core.  During this period, the male population increased by 1.6% while the female population increased just 1.14%.  While it may seem that significant, that is a 40% higher growth rate for males.

Continue reading “St Louis Area Population Growth Nearly Flat But Asians and Males on The Rise

2010 Census data disappointing for St. Louis; what is effect on the St. Louis Real Estate market?

It’s hard to miss the fact that the US Census Bureau just released some of the results of the 2010 census for our area.  It’s been all over the media about St. Charles County’s population surpassing the City of St. Louis and moving it into the spot of the third largest county in the State.

Being the data junkie I’ve become I decided to tear into the numbers and see how the 2010 data compared with the 2000 data to see what changes have taken place in the last decade and see what I could glean from the data to perhaps get a little insight on the impact of these changes on the St. Louis real estate market.  Also, since I have been somewhat of a contrarian in saying the that reports of low housing starts is a good thing as I don’t think we need to add housing units in this market, I thought it would make sense to see if my theory holds water. Continue reading “2010 Census data disappointing for St. Louis; what is effect on the St. Louis Real Estate market?