It’s probably no surprise to any of my fellow Gilbert, AZ residents that yet another study shows Gilbert is the fastest growing large (>100K population) suburb in the nation.
The fastest-growing big suburb (with a population of 100,000 or more) is Gilbert, Ariz., outside Phoenix, which grew from 112,766 people to 191,517. The Phoenix area saw the greatest positive domestic migration of any American metro area last year, with 115,000 more people moving into town than leaving. Affordable housing and a growing economy are draws for the city.
Those numbers are from 2000 to 2006 based on US Census data and represent an almost 70% increase in population. We moved here in 1999 and have witnessed this growth first hand. As previously mentioned here, there are some growing pains, particularly in the areas of road and traffic infrastructure. Our City Council has done an admirable job trying to keep up, but often it seems like it’s two steps forward and one step back.
Three West Valley suburbs are in the Top 5 overall list: Buckeye (+192%), Surprise (+166%) and Goodyear (+143%).
Jonathan Dalton now has even fewer reasons to renew his East Valley visa…
Other Phoenix suburbs in the Top 100 list are Avondale at #9, and the Chandler area at #97. The Great State of Texas dominates the list with 20 of the Top 100.
Despite all the doom and gloom about the real estate market that’s regularly proclaimed in the mainstream media and bubble blogs, all these people moving into the area are going to need a place to live. There is still a great deal of new home construction happening in the Gilbert real estate market. Yes, there is a glut of homes available for sale (current Gilbert listings = 2770). However, a growing economy, a well managed city, low unemployment and a constant influx of new residents all bode well for the future of the Gilbert real estate market, as well as the other rapidly growing Phoenix metro areas.
Interestingly, I find no mention of this latest growth study in any of the local papers. Hmmmm, perhaps they have a hard time printing something positive like, “Affordable housing and a growing economy are draws for the city”???
[tags]Gilbert real estate, Forbes Top 100 Fastest Grwoing Suburbs[/tags]