Population growth – Image: Driving on South Florida highway – Courtesy: Shutterstock – Image by Julian Prizont-Cado
According to state demographic projections, this year’s migration wave from neighboring states caused Florida’s population to surpass 23 million inhabitants for the first time.
According to estimates provided earlier this month by the state Demographic Estimating Conference, Florida has 23,002,597 residents as of April 1st, 2018.
After Texas (30.5 million) and California (39.5 million), Florida is the third most populated state in the US.
Estimates show that Florida added over 359,000 new residents last year, and during the past ten years, the state has added between 350,000 and 375,000 new residents annually.
Estimates indicate that when the last cohort of baby boomers enters retirement, population growth will peak this year and then decline each year for the remainder of the 2020s.
Florida’s growth rate will drop to less than 1 percent by the early 2030s, having reached an anticipated 1.6 percent this year.
All of Florida’s expansion since just before the COVID-19 epidemic began in early 2020 has come from residents relocating to the Sunshine State from other US states or overseas. Since late 2019 and early 2020, Florida has seen a greater number of deaths than births, a trend that is expected to last well into the upcoming decade.
Florida has the second-highest percentage of residents over 75 among all U.S. states and territories, after Puerto Rico.
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Mike has more than 30 years of experience in marketing and public relations. He once owned his own agency and has worked with some of the largest brands in the world.
