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Why homebuyers are migrating to Atlanta and other Sunbelt cities

by Rincey Abraham

Atlanta, Georgia Skyline

Atlanta experienced the third-largest population growth in the nation in 2015, according to Census estimates. From 2014 to 2015, the Atlanta area’s population grew from 5.615 million to 5.710 million, which was a 1.7-percent increase.

The city’s change in population was larger than that of both Los Angeles and New York, which are two and three times more populous than Atlanta, respectively. While New York and Los Angeles’ populations grew as well, Atlanta – and most of the other cities that made the top 10 – seem to be following long-term growth trends dating back to the year 2000.

Sunbelt Migration

According to research from New Geography, migration to states in America’s Sunbelt has been very strong. The trend is largely attributed to high housing prices, which consume large shares (as much as 45 percent) of a homeowner’s income in places such as Los Angeles, San Francisco and New York, according to Zillow. Additionally, more immigrants are choosing to live in Sunbelt cities to seek out both economic opportunities and lower housing prices.

Check out the top 10 metropolitan areas that experienced the largest population change from 2014 to 2015:

Metro Area 2014 Population 2015 Population 14-15 Change Percent Change
Houston 6,497,864 6,656,947 159,083 2.4%
Dallas 6,958,092 7,102,796 144,704 2.1%
Atlanta 5,615,364 5,710,795 95,431 1.7%
Phoenix 4,486,543 4,574,531 87,988 2%
New York 20,095,119 20,182,305 87,186 0.4%
Los Angeles 13,254,397 13,340,068 85,671 0.6%
Miami 5,937,100 6,012,331 75,231 1.3%
Washington D.C. 6,033,891 6,097,684 63,793 1.1%
Seattle 3,672,866 3,733,580 60,714 1.7%
Orlando 2,326,729 2,387,138 60,409 2.6%

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