Immigration Levels Are the Highest in U.S. History—These Metros Have the Largest Number of Foreign-Born Residents
By Julie Gerstein
Dec 13, 2024
Immigration levels hit their highest point in U.S. history under the Biden administration; and that has had a significant impact on the housing market, with more foreign-born residents flowing into some of the top markets.
The country has seen a net increase of more than 8 million immigrations over the last four years, most of whom have settled in the South, according to a New York Times analysis of U.S. Customs and Border Control data. More than half, about 5 million, were unauthorized migrants, according to the report.
The Times’ analysis of data from the Congressional Budget Office and U.S. Census Bureau also found that a record high of 15.2% of the U.S. population today is foreign-born, similar to what it was during the vast European migration in the 1850s to early 1900s.
Now, though, much of the immigration is traveling across the 1,255-mile border that separates California, New Mexico, Arizona, and Texas from Mexico.
https://www.realtor.com/news/trends/immigration-highest-levels-forecast/
