Des Moines, the capital city of Iowa, has been experiencing significant growth and transformation in recent years. As the largest city in the state, Des Moines has become a hub for business, culture, and innovation. With a population of approximately 217,406 as of 2020, Des Moines has seen a steady increase in residents, making it an attractive destination for individuals and families alike.
The city's population growth is attributed to its strong economy, excellent schools, and high quality of life. Des Moines is home to several major insurance companies, including Principal Financial Group, Nationwide Insurance, and Wells Fargo, which provide a wide range of job opportunities. Additionally, the city's vibrant cultural scene, outdoor recreational activities, and community events make it an ideal place to live, work, and play.
Population Growth Trends
According to the United States Census Bureau, Des Moines has experienced a population growth rate of 11.1% since 2010, with an average annual growth rate of 1.1%. This growth rate is higher than the national average, making Des Moines one of the fastest-growing cities in the Midwest. The city's population is projected to continue growing, with estimates suggesting a population of over 230,000 by 2025.
| Year | Population | Growth Rate |
|---|---|---|
| 2010 | 198,968 | - |
| 2015 | 210,305 | 5.6% |
| 2020 | 217,406 | 3.4% |
| 2025 (est.) | 230,000 | 5.8% |
Demographic Trends
Des Moines' population is diverse, with a mix of young professionals, families, and retirees. According to the Census Bureau, the city's median age is 34.4 years, which is lower than the national average. The city also has a relatively high percentage of residents with a bachelor's degree or higher, at 34.6%. In terms of racial demographics, Des Moines is predominantly White, with a growing Hispanic and Asian population.
Key Points
- Des Moines has experienced a population growth rate of 11.1% since 2010.
- The city's population is projected to reach over 230,000 by 2025.
- Des Moines has a diverse population, with a mix of young professionals, families, and retirees.
- The city has a strong economy, with major insurance companies and a growing job market.
- Des Moines offers a high quality of life, with excellent schools and a vibrant cultural scene.
Economic Trends
Des Moines' economy is driven by the insurance industry, with several major companies having a presence in the city. The city is also home to a growing tech industry, with companies like Microsoft and Google having a presence in the area. Additionally, Des Moines has a strong healthcare industry, with several major hospitals and medical centers.
The city's economic growth is reflected in its low unemployment rate, which is lower than the national average. According to the Bureau of Labor Statistics, Des Moines' unemployment rate was 2.5% in January 2022, compared to the national average of 3.4%.
Housing Market Trends
The housing market in Des Moines is highly competitive, with a mix of new developments and historic homes. According to Zillow, the median home value in Des Moines is around $140,000, which is lower than the national average. The city also has a relatively low percentage of homeowners, at 63.2%, which is lower than the national average.
The rental market in Des Moines is also growing, with several new apartment complexes and rental properties being developed in the city. According to RentCafe, the average rent for a one-bedroom apartment in Des Moines is around $900, which is lower than the national average.
What is the population of Des Moines, Iowa?
+The population of Des Moines, Iowa is approximately 217,406 as of 2020.
What is the median home value in Des Moines?
+The median home value in Des Moines is around $140,000.
What is the unemployment rate in Des Moines?
+The unemployment rate in Des Moines was 2.5% in January 2022.
In conclusion, Des Moines, Iowa is a city that offers a unique blend of economic growth, cultural attractions, and high quality of life. With a population that is projected to continue growing, Des Moines is an attractive destination for individuals and families looking for a place to live, work, and play.