Phoenix Population 2024 Forecast 2024. Chart and table of population level and growth rate for the phoenix metro area from 1950 to 2024. Predictions for the phoenix real estate market through 2024 and into 2025 suggest that the market could accelerate over the coming months.

Mag works with the arizona state demographer’s office annually to produce midyear estimates of resident population and housing units by municipal boundaries. Since then, the phoenix metro area has gained more than 800,000 new residents and surpassed 5 million in population for the first time, according to newly released 2022.