According to new data from the U.S. Census Bureau, Buckeye, Arizona experienced the nation’s fast growth rate for 2018. From July 2017 to July 2018, the West Valley suburb added 5,813 residents for a growth rate of 8%, bringing the city population to 74,370. The next closest was New Braunfels, Texas at 7.2%, with Apex, North Carolina coming in at third with 6.1% growth. No other city exceed 6% growth during the year.
While Buckeye boasts the fastest growth rate, Phoenix claims the highest growth numerically, adding 25,288, for the third consecutive year. Once again, Texas claims second place with San Antonio adding 20,824 residents. The year prior, Phoenix posted the 2nd highest population growth with Buckeye coming in at 5th for population growth rate. Experts report that the South West area routinely ranks among the fastest growing areas in the country.
Additionally, officials also project that Buckeye will issue around 2,400 residential permits this year, outpacing last year’s 2,200. In a statement, Buckeye mayor Jackie Meck said that school enrollment continues to soar and stated that they expect to have another whole school open by the 2021-2022 school year. Since claiming 74,000 residence just last year, city officials are already predicting the growth from 2018-2019 at 11% bringing the population to approximately 82,600.
Part of what’s driving the growth in Buckeye is the untapped land opportunity. Currently the city is built out on just 5% of its available of its 642 square miles, offering tons of potential for future development.
“We are in growth mode and talented individuals from all over the country are taking notice of all that Arizona has to offer,” said Garrick Taylor, a spokesperson for the Arizona Chamber of Commerce.
“We know Buckeye is a desirable community,” said the city communications manager. Among the main factors driving growth in Buckeye, they cited, “quality of life and great housing values” adding that housing was the primary reason that Buckeye is experiencing such growth.
According to Redfin, sale prices in Buckeye are up 9.2% since last year. Similarly, Zillow reports that Buckeye home values have gone up 6.4% during the past year and project 3.4$% growth during the next year.
On top of that, the median rent price for Buckeye is currently $1,450, which is lower than the median price of the Phoenix-Mesa-Scottsdale metro which currently sits at $1,595.
Commenting on the rapid growth in the Phoenix area as a whole, mayor Kate Gallego said, “we must continue to provide high-quality services to the public and we need to be ahead of it.” Gallego cited safe and affordable housing, diverse transportation, cultural scenes, and others among things the city needs to continue delivering to keep up with the new growth.
In a press release statement, Mayor Meck said, “we offer good housing values,” adding that the city of Buckeyes is committed to focusing on “ensuring we remain a desirable community for years to come.” Experts already project that Buckeye and the Phoenix area will continue to rank near the top of the fastest growing cities in the country for quite some time.
With such booming expansion and an influx of new families, Buckeye is carving out its own reputation as an up and coming hotbed for new families. The hope is to make Buckeye as safe and desirable a place to live as other cities and towns likes Scottsdale, Sedona, and Avondale.
Maricopa County also ranked as the number one fastest growing county in the country for the third year in a row.