Both Nevada and Florida actually had more people leave the states than arrive. "More people are moving out of Nevada than are moving in," said Greg Harper, a demographer with the Census Bureau. "That's a real change. For 18 years, it was the fastest growing state."
He added that Florida has had a net loss in domestic migration the past two years after posting the largest net gain in domestic migration for most of the 2000s. The state led the nation as recently as 2005 with nearly 266,000 more people moving into Florida from other states than moved out.
Many communities in these bubble states now have long lists of homes for sale. New construction has slowed, idling workers and hurting local economies.
Some of the once-booming cities in the Central Valley of California, such as Stockton, Modesto, Fresno, Merced and Visalia, and El Centro in the Imperial Valley, are now plagued by job losses. Seven out of the 10 metro areas with the highest unemployment rates are in California.
Other Sun Belt states have fared much better. Texas, for example, never went through the boom-and-bust housing cycle that devastated the Sand States. Home prices remained affordable, and the state's unemployment rate was 8% in October, a full two percentage points below the national average.
So, it's no surprise that Texas added more than 3.9 million residents during the 2000s. Its population also grew by the greatest number of people (478,000) during the 12 months ended July 1. California was second with 381,000 followed by North Carolina with 134,000.
Wyoming boasted the fastest growth rate for the 12-month period: 2.12% to a total of 544,270. The Cowboy State was followed by Utah (2.1%), Texas (1.97%) and Colorado (1.81%).