U.S. Population Growth Slowed in 2025

Reduced Immigration Weighed on Population Growth Across the Nation

Source: Economics Group of Wells Fargo Bank, N.A.

Summary

U.S. population growth softened in 2025, dipping to 0.5% from 1.0% in 2024.

  • A slowdown in immigration was the primary driver. Net new immigrant inflows declined by 54% to 1.3 million. That said, the pace of foreign-born migration last year still exceeded the 868K annual average from 2011 to 2019.
  • Select States in the South and Mountain West continue to outperform. South Carolina led the nation with 1.5% population growth in 2025. Other top states included Idaho, North Carolina, Texas and Utah, each of which also ranked within the top five in 2024.

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