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Creditnews Research focused its analysis on the top 50 metro areas by population because first-time homebuyers are more likely to move for work, and typically seek out larger cities for employment.
The survey from the bureau found that 86.4% of the country’s population lived in metro areas in 2024 and that the overall population living in metro areas was roughly 293.9 million people.
Prior census estimates showed New York and Chicago lost population in the year ended in June 2023, but the new numbers indicate that both metro areas actually added people during that period.
State Rep. Ranjeev Puri, a Canton Township Democrat who represents part of Wayne County, called the new demographic numbers ...
While would-be homeowners bide their time, Creditnews Research looked at America's 50 largest metro areas to uncover housing markets that are still attractive for first-time buyers. Our ranking ...