Micro County - Small Towns

Total population 27,229,296; 8.4% of total U.S. population

  • 6.3% single-family construction for 3Q20
  • 21.8% single-family quarterly growth rate for the 3Q20
  • 18.3% single-family year-over-year growth rate (3Q20 vs 3Q19)
  • 13.0% single-family 4-quarter MA of the year-over-year growth rate
Home Building Geography Index (HBGI)
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  • 3.6% of multifamily construction for 3Q20
  • 9.0% multifamily quarterly growth rate for the 3Q20
  • 24.1% multifamily year-over-year growth rate (3Q20 vs 3Q19)
  • 19.3% multifamily 4-quarter MA of the year-over-year growth rate

Regional Building Growth Conditions

Large Metro – core countyLarge Metro – suburban county Large Metro – outlying areasSmall Metro – core countySmall Metro – outlying countyMicro County – small townsNon-Metro Micro County – rural areas