Micro County - Small Towns

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

  • 6.0% of single-family construction for 2Q21
  • 32.3% single-family quarterly growth rate for the 2Q21
  • 47.7% single-family year-over-year growth rate (2Q21 vs 2Q20)
  • 26.8% single-family 4-quarter MA of the year-over-year growth rate
  • 3.5% of multifamily construction for 2Q21
  • 19.1% multifamily quarterly growth rate for the 2Q21
  • 48.6% multifamily year-over-year growth rate (2Q21 vs 2Q20)
  • 20.6% 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