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25 November 2009
Clark County Population
Estimate shows an increase

We have been very curious to see where population was going in the Las Vegas Valley. This November the Southern Nevada Regional Planning Coalition Board approved it's estimates performed by the member entities (valley municipalities and Clark County).

The population increased from 1,986,146 to 2,006,347. Thats an increase of 20,201 persons or about 1%. This is below the growth rates of the recent decade, although an improvement over last years numbers. Nevertheless, it is an estimate and the degree of cohabitation, which may effect the estimates is not known. These are probably the best estimates we will get however and I have seen the methodology and a lot of the numbers that lead up estimate.

For housing, we need increases in population to absorb current housing supplies. At 2.5 persons per household, this represents about 8,000 households. Growth like this at least takes a small chunk out the vacant housing supply, which is estimated at around 50,000 homes.

Posted by cbprds at 9:47 AM | Link | 0 comments
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