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Utah’s Long Term Population Projections Washington County Summary Executive Water Finance Board March 23, 2018

Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

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Page 1: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Utah’s Long Term

Population ProjectionsWashington County Summary

Executive Water Finance Board

March 23, 2018

Page 2: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Our Mission: To develop and share economic, demographic and public policy data

and research that help individuals and the community make informed decisions.

Our Vision: To be a vital gathering place and center for independent economic,

demographic and public policy thought leadership.

Page 3: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Launch Pop(time t)

[age, sex, county]

Mortality and Fertility

(Births and

Deaths)[age, sex,

county]

Aging(1 year

forward)[age, sex,

county]

Net Migration[age, sex,

county]

Retirement Migration

Commuting Adjusted

Labor Force Migration

Missionary Migration

Launch Population – Deaths + Births + Net Migration

Ending Pop(time t+1)

[age, sex, county]

= Flow from t=0 to t+1

=Stock at point in time

Special Populations

(age, sex, county)

= Process

=Rate or Multiplier

Labor Force Participation

Rate

Labor Supply(age, sex, county)

Jobs/Labor

Demand

UDEMModel

Aged / Survived Pop

Page 4: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Total Population with Million Markers

5,827,810

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

4,500,000

5,000,000

5,500,000

6,000,000

6,500,000

Source: Kem C. Gardner Policy Institute 2015-2065 State and County Projections

Total Population

2032

2050

Page 5: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Utah Population Growth Projections:

2015-2065

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

Sources: Kem C. Gardner Policy Institute 2015-2065 State and County Projections; DemographyUTAH 2016 Population Estimates

State Population Growth

Page 6: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Percent Population Change by County: 2015-2065

Source: Kem C. Gardner Policy Institute 2015-2065 State and County Projections

Page 7: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

2017 Rank 2016 Rank Metropolitan Area 2017

Population

2016

Population

Percent

Change

1 9 St. George, UT 165,662 159,237 4.0

2 2 Myrtle Beach-Conway-North Myrtle

Beach, SC-NC

464,165 447,793 3.7

3 4 Greeley, CO 304,633 294,243 3.5

4 3 Bend-Redmond, OR 186,875 180,675 3.4

5 15 Coeur d’Alene, ID 157,637 153,144 2.9

6 10 Lakeland-Winter Haven, FL 686,483 667,018 2.9

7 17 Boise City, ID 709,845 690,810 2.8

8 7 Provo-Orem, UT 617,675 601,478 2.7

9 8 Austin-Round Rock, TX 2,115,827 2,060,558 2.7

10 1 The Villages, FL 125,165 122,121 2.5

Top 10 Fastest-Growing Metropolitan Areas (Percentage Increase): 2016-2017

Page 8: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North
Page 9: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North
Page 10: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North
Page 11: Utah’s Long Term Population Projections2017 Rank 2016 Rank Metropolitan Area 2017 Population 2016 Population Percent Change 1 9 St. George, UT 165,662 159,237 4.0 2 2 Myrtle Beach-Conway-North

Facebook.com/gardnerpolicyinstitute

Twitter.com/KemGardnerInst

Kem C. Gardner Policy InstituteDavid Eccles School of Business | 411 E. South Temple Street

Salt Lake City, UT 84111 | 801-585-5618 | gardner.utah.edu