2017 Florida Population Update

 

Real estate is space for people to live in, work in, shop in, and store things in. More people means  more demand for real estate.

Populations trends are very positive for Florida, the I-4 corridor, and Polk County. Our firm is positioned in the center of this expanding population and we understand the opportunities it creates for commercial real estate sellers and investors.

Florida’s strong population growth is positive for the real estate market because … more people means more demand for real estate. As a result of our continued population growth, we can expect continued strong demand for real estate in Florida.

In 2017 Florida’s strong population growth continued. In 2016, population growth was more than 1,000 people per day, which moderated slightly to almost 900 people per day in 2017. Some highlights of Florida population trends in 2017 include:

  • Annual population growth of 327,811 representing a growth rate of 1.59%
  • Florida is 6.4% of the US population and 14.2% of the nation’s growth in population
  • Florida’s population growth rate is 2.2 times the US population growth rate
  • For the third year in a row, Florida is growing by more people than California