DALLAS, March 5, 2017 /PRNewswire/ -- The 2016 U.S. Census report has concluded that Texas is the only state with most gains, as per the state-by-state population growth calculations from 2015 to 2016. Real estate expert Marcus Hiles believes the nation-leading increase is a positive sign, as population spikes have historically coincided with market expansion. Hiles is the Founding Chairman & CEO of the acclaimed Western Rim Property Services, Texas' largest developer of luxury rental communities featuring stunning designs, scenic landscapes, world-class amenities and comprehensive lifestyle services.
The Lone Star State's population rose by nearly 433,000 individuals, from 27.42 million to 27.86, exemplifying a growth trend that spanned the entirety of the Southern U.S. "States in the South and West continued to lead in population growth," said Ben Bolender, chief of the Census Bureau's Population Estimates Branch. "In 2016, 37.9 percent of the nation's population lived in the South." Jeffrey S. Passel, a senior demographer at the Pew Research Center, predicts the phenomena to continue indefinitely, stating to the New York Times that, "the movement to the South and West is a very long term trend." Hiles agrees with the two researchers, adding that older residents of the Northeast, mostly part of the populous baby boomer generation, are seeking more temperate places to retire. While these statistics seem to show a trend of movement to urban areas, Marcus Hiles notes that it is actually the surrounding suburbs that are experiencing the largest increases.
Marcus Hiles is a dedicated entrepreneur and philanthropist based in Dallas, TX. Nearly three decades ago, he founded Western Rim Property Services with the goal of improving the quality of housing for all Texans, regardless of socioeconomic status. Today, his company has expanded to own and operate over 15,000 affordable high-end rental properties.
Marcus Hiles - Chairman & CEO of Western Rim Property Services: http://www.MarcusHiles-News.com
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Marcus Hiles (@marcus_hiles) - Twitter: https://twitter.com/marcus_hiles
Marcus Hiles - New Luxury Apartments in Frisco, TX - YouTube: https://www.youtube.com/watch?v=dmsJNbfOh-g
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SOURCE Marcus Hiles