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Phoenix Ranks as Fourth-Fastest Growing Market in the Nation

Rapid Gains in West Valley Suburbs and Pinal County Propel Phoenix Population
CoStar Analytics
June 21, 2023 | 7:27 P.M.

Phoenix’s robust demographic profile is one of its greatest advantages, and the market’s status as one of the fastest-growing population centers in the county remained intact in 2022. According to the latest data from the U.S. Census Bureau, the Phoenix metropolitan area expanded by 72,800 people last year, the fourth-largest increase in the country.

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