By Renata Geraldo – Data Reporter, Sacramento Business Journal
Sacramento, Placer and Yolo counties share one thing in common — their population has grown more than the housing market could follow.
That’s what the results of the 2020 census released Thursday show.
El Dorado County, on the other hand, had a greater increase in housing units than in population.
In Sacramento County, the population growth rate, at 11.7%, was about double the 5.7% increase in housing units from 2010 to 2020. Placer County had an increase of 12.9% in housing units — the second highest in the state — for a 16.2% increase in population. And Yolo County had a 7.7% population increase for a 6.8% housing unit increase.
Meanwhile, El Dorado County’s population grew 5.6% over the span of 10 years, while its housing units increased by 6%.
There has been new construction, especially in Placer and Sacramento counties, he said. But it is in smaller counties such as in El Dorado that construction can happen more quickly. According to the census, El Dorado Hills and other suburban areas in the Sacramento region grew about 20% since 2010…
READ MORE: https://www.bizjournals.com/sacramento/news/2021/08/13/census-2020-housing-units-population-growth.html.