Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

California  + Finance  | 

California Population Grew in 2023, Ending Three Years of Losses

California’s population increased by 67,000 people last year to 39,128,162, according to data from the California Department of Finance (DOF). 2023 represents the first year since 2020 that the state has seen a net increase.

DOF cited an improvement of federal legal immigration processing backlogs, rebounding legal immigration levels – not including people seeking asylum at the border – and mortality rates returning to long-term trends in providing a stable foundation for continued growth. Net domestic migration has receded to its lower rates of the 2010s, and DOF projects that California is likely to experience continued positive population growth.

Population increased in 31 counties statewide, with gains concentrated largely in the Bay Area, Central Valley and Inland Empire. Los Angeles County and Orange County grew by 0.05% and 0.31% in population, respectively. Five counties had growth above 1% in 2023 due to housing gains: Sutter (1.9%), Imperial (1.8%), Glenn (1.4%), Yuba (1.1%) and San Benito (1.1%). 

Connect

Inside The Story

California Department of Finance

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Economy
New call-to-action