Population Growth/Decline

Growing Market

With a 2 Year Compound Annual Growth Rate (CAGR) of 2.27% the Miami-Fort Lauderdale, FL Market is growing. It ranks 4th in 2 year population change across all STI Markets.

Components of Change

Natural decline

With 81,061 Births and 89,656 Deaths in the last year there was a net change of -8,595 population from natural causes. That equates to a natural decline of -0.1%.

Migratory growth

Net migration in the Miami-Fort Lauderdale, FL market in the last year was 205,427. This amounts to a migratory growth of 2.35%.

STI Markets Comparison

Figure 3: Components of Change for STI Markets

Sub-Market Change and Trends

Bivariate Thematic Map

Figure 4: Bivariate Thematic Map of Natural versus Migratory change

The 9 categories shown in the above visualization are created by the classification of the Block Group level Natural Percentage Change and Migratory Percentage Change. Natural Percentage Change on the X axis of the legend with break points of -0.5 and 0.5. Migratory Percentage Change on the y axis of the legend with break points of -2 and 2.

Quarterly Historical Trend - 2 year

Figure 5: History of County Population

Percentage Change Thematic

Quarterly Historical Trend - From 2001

Figure 6: History Market Population

STI Market: Miami-Fort Lauderdale, FL

Tourism