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More Coloradans moving out as population growth brings traffic headaches, higher home prices

Article publisher: 
Denver Post
Article date: 
December 4, 2017
Article category: 
Colorado News
Medium
Article Body: 

Colorado’s red-hot population growth rate is cooling, and while current residents may celebrate, those who are leaving in increasing numbers say they were driven away by rising housing prices, jobs that don’t pay enough and traffic jams.

The state in 2016 saw its first drop this decade in the number of people arriving from other states, while those leaving Colorado hit a record high, resulting in the lowest net-migration number — 30,000 total new residents — in seven years.

New annual figures from the U.S. Census Bureau’s American Community Survey show that 193,000 Coloradans moved away last year, 10,000 more than in 2015, while 223,000 moved here, down about 4,000 from the year before but still well above recent years.

“We are seeing that there has been an increase in outs — the highest on record,” said state demographer Elizabeth Garner...

Home prices in metro Denver are up 57 percent the past eight years through October, as measured by the S&P CoreLogic Case-Shiller home price indices, while the average apartment rent since mid-2009 is up 63.6 percent, according to rent figures from the Apartment Association of Metro Denver.
 
The average hourly wage, by contrast, rose from $25.07 to $28.94, an increase of only 15.4 percent, according to the U.S. Bureau of Labor Statistics.
 
Meanwhile, Colorado’s population grew by 11 percent from 2009 to 2016 to 5.55 million residents...
 

 

CAIRCO Notes
 
American women voluntarily achieved replacement level fertility (2.1 children per woman) in 1970. Yet mass immigration is driving US population to double this century. This population pressure - and resulting cultural pressure - drives people to migrate to Colorado from states such as California that are inundated with legal and illegal immigration.