POPULATION REPORT

San Antonio had the 3rd largest population increase in the U.S., new Census report says

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We already know things are changing in Texas at large, but how about San Antonio? Now, six out of the 15 most populous cities in the United States are in the Lone Star State, and the Alamo City had one of the largest numeric population increases in the nation. The U.S. Census Bureau's latest findings add more validity to reports that less people are interested in living in the city proper, and are seeking residence in the suburbs.

San Antonio added nearly 18,900 new residents between July 2021 to July 2022, bringing the city's total population to nearly 1,473,000. That put San Antonio at No. 3 on the list of numerical increases (as opposed to proportional growth). For scale, the report lists Austin at 1.0 million. Fort Worth took the top spot with its gain of 19,170 residents, and Phoenix, Arizona earned No. 2 after adding 19,053 to its population count.

The top 10 cities with the largest numeric population increases are:

No. 1 – Fort Worth, Texas
No. 2 – Phoenix, Arizona
No. 3 – San Antonio, Texas
No. 4 – Seattle, Washington
No. 5 – Charlotte, North Carolina
No. 6 – Jacksonville, Florida
No. 7 – Port St. Lucie, Florida
No. 8 – Cape Coral, Florida
No. 9 – Houston, Texas
No. 10 – Georgetown, Texas

New Braunfels also earned a nod in the report for being the No. 13 fastest growing city in 2022, and crossing the 100,000 population threshold. The city grew by 5.7 percent, adding up to 104,707 residents.

In an overall analysis of the 15 largest American cities in 2022, San Antonio ranked No. 7. Houston was the only Texas city that ranked higher at No. 4 with its population of over 2.3 million people. Dallas came in at No. 9 with a population of just under 1.3 million, and Austin barely made it into the top 10 with a population of 974,447 residents. Fort Worth ranked outside the top 10 at No. 13, with a population of 956,709.

The top 10 most populous American cities are:

No. 1 – New York City, New York
No. 2 – Los Angeles, California
No. 3 – Chicago, Illinois
No. 4 – Houston, Texas
No. 5 – Phoenix, Arizona
No. 6 – Philadelphia, Pennsylvania
No. 7 – San Antonio, Texas
No. 8 – San Diego, California
No. 9 – Dallas, Texas
No. 10 – Austin, Texas

The report additionally discovered that housing inventory skyrocketed by 1.6 million units between 2021 and 2022. Texas had the third fastest housing growth with a rate of 2.3 percent, versus Utah, which had the fastest growth at 3.3 percent.

San Antonio didn't make the cut in the list of the 10 most populous U.S. metro areas (as opposed to the cities, themselves), but Dallas-Fort Worth-Arlington ranked No. 4, and Houston-The Woodlands-Sugar Land ranked No. 5.

The full report can be found on census.gov.

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bang for your buck

San Antonio ZIP code is 4th most affordable place for renters in U.S.

Photo by Florian Schmid on Unsplash

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Trying to afford buying a home in San Antonio is difficult enough with current mortgage rates, and doubly so if you're already paying high rent on an apartment or a house. But there are six San Antonio ZIP codes where renters can get the most bang for their buck, according to a new study by financial services company CashNetUSA.

To find the most affordable ZIP codes for renters in the U.S., analysts compared median household incomes by ZIP code to the average annual rent costs in those areas using the Zillow Observed Rent Index. ZIP codes where the average annual rental constituted the lowest percentage of median household income were considered the "most affordable."

San Antonio's 78248 ZIP code specifically stood out as the No. 4 most affordable in the country, and the No. 1 most affordable in Texas. This area encompasses the north San Antonio neighborhoods of Inwood, Forests at Inwood, Oakwood, The Park at Deerfield, Canyon Creek Bluffs, Canyon Creek Village, Blanco Village, Deerfield, Cadillac Drive, and Churchill Estates.

According to the study's findings, the average monthly cost of a rental in 78248 comes out to $1,259.17, and the median annual income of a household in the area is $122,986. Analysts then calculated that the annual rent of a home in this ZIP code only takes up 12.29 percent of a household's median income, which is the fourth-lowest in the nation.

CashNetUSA found the No. 1 most affordable ZIP code for renters nationwide is 66224 in Leawood, Kansas, where annual rent only takes a 10.57 percent cut out of a household's median annual income.

Elsewhere in Texas, two Houston-area ZIP codes – 77401 and 77094 – ranked No. 9 and No. 12 nationally, while Allen's 75013 ZIP code fell two spots behind to claim the No. 14 spot.

The most affordable San Antonio-area ZIP codes for renters
CashNetUSA further unveiled the five most affordable ZIP codes across major U.S. cities, including in San Antonio, Austin, and Houston.

Following 78248 (which took the No. 1 spot citywide) is 78261 (No. 2), which spans east of Highway 281, across Smithson Valley Road. Rent costs in this ZIP code averaged out to $1,698 per month, the report found.

Landing in the No. 3 spot is 78258, which includes Rogers Ranch, The Vineyard, Stone Oak, Summit, Hidden Canyon, and Big Springs neighborhoods. The report said average rent in the area comes out to $1,507 per month, which takes up 17.54 percent of a household's median annual income.

The remaining top two most affordable ZIP codes for San Antonio renters are located in 78259 (Encino Park, Encino Ranch, Cavalo Creek Estates, Northwood Hills, Summit at Bulverde Creek, Roseheart, Redland Woods) and 78260 in Timberwood Park, which is about 25 miles north of downtown San Antonio.

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