The U.S. population grew by just 0.35% between July 2019 and July 2020, the smallest annual growth rate in well over a century. Driven in part by restrictions on immigration and a declining birth rate, stagnant population growth may have profound and far reaching consequences — including reduced economic growth, stagnanting home values, and fewer workers to support an aging population.
This trend is by no means unique to last year. Over the past decade, cities and towns across the country have reported rapid population decline.
The city of Nitro has the fastest shrinking population in West Virginia, according to the U.S. Census Bureau. Currently home to an estimated 6,000 people, Nitro’s population declined by 15.3% from 2010 to 2019. Meanwhile, West Virginia’s population contracted by just -1.3% over the same period.
This post originally posted here usnews