Micro County - Small Towns

Total population: 27 million; 8.4% of total U.S. population

  • 6.2% of single-family construction for 1Q21
  • -0.9% single-family quarterly growth rate for the 1Q21
  • 26.1% single-family year-over-year growth rate (1Q21 vs 1Q20)
  • 16.8% single-family 4-quarter MA of the year-over-year growth rate
  • 3.8% of multifamily construction for 1Q21
  • 16.3% multifamily quarterly growth rate for the 1Q21
  • 20.2% multifamily year-over-year growth rate (1Q21 vs 1Q20)
  • 16.2% 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