This month, the U.S. Census Bureau released its annual state population estimates, revealing that New Jersey is resuming population growth after experiencing a decline of nearly 30,000 residents since the 2020 Decennial Census. The increase of just over 30,000 residents (0.3%) in 2023 as of the Bureau’s July 1 estimate brings the state population to slightly above the April 1 2020 decennial base.
For many years, New Jersey has lost population via net in- and out-migration. From 2011 through 2019, this has resulted in the state hemorrhaging a total of more than $23.6 billion in net adjusted gross income.
"This is really what we'd call a demographic long wave," James Hughes, dean of the Bloustein School of Planning and Public Policy at Rutgers University told NJ Advance Media. "It's been going on for a long time and it will continue to go on. The result is a sustained...