Population Growth Trends

In February 2022, the Texas Workforce Commission reported a 7.9% year-over-year increase in new jobs, or a total of 292,000. Each year for the past five years, the average job growth rate in Texas has increased by 2.5% 3 .

As a result of this consistent job growth, there have been steady population increases in Texas and especially so in the DFW metroplex

The Texas Demographic Center studies population projections for 40 years beyond the census data updated in the United States every 10 years. Based on their most recent projections, the Texas Demographic Center predicts that the State of Texas will reach an overall population of 47.4 million by 2050 4 According to the January 2019 update:

“Numerically, much of the population growth is projected to come from the large urban counties of Harris, Bexar, Dallas, and Tarrant, with each of these counties projected to add over one million people by 2050.”

The current population in the State of Texas is just below 29 million. Reaching 47.4 million by 2050 would account for a 38% increase in population in less than thirty years with the existing urban hubs seeing much of the growth (Chart 2).

The population in the DFW metroplex has risen 8.5% in five years, from 7,042,322 in 2015 to 7,694,138 at the end of 2020 (Chart 3).