Cagayan de Oro City Population: A Look at the Numbers from 2015 to 2022

Cagayan de Oro City is a highly urbanized city in Northern Mindanao, Philippines. It is known for its natural attractions and booming business district, making it a popular destination for tourists and investors alike. With its rapidly growing economy and increasing job opportunities, the city has attracted a significant number of migrants over the years, contributing to its population growth. Let's take a closer look at the city's population numbers from 2015 to 2022.

Population Growth

According to the Philippine Statistics Authority (PSA), the population of Cagayan de Oro City in 2015 was 675,950. By 2020, it had increased to 736,711. This represents a growth rate of 1.7% per year. The population is projected to reach 751,524 by the end of 2022.

Factors Contributing to Population Growth

The population growth in Cagayan de Oro City can be attributed to several factors. First and foremost, the city's thriving economy has led to an increase in job opportunities, which in turn attracts people from other parts of the country. The city's strategic location also plays a role, as it serves as a gateway to other provinces in Northern Mindanao.

In addition, the city's natural attractions, such as white water rafting and zip lining, have made it a popular tourist destination. Many tourists who come to the city end up staying longer or even settling permanently, further contributing to the population growth.

Age and Gender Distribution

As of 2020, the female population of Cagayan de Oro City slightly outnumbered the male population, with 375,891 females and 360,820 males. The city has a relatively young population, with a median age of 25.5 years. The 15 to 64 age group comprises the majority of the population, accounting for 68.2% of the total population.

Urbanization

Cagayan de Oro City is a highly urbanized city, with a population density of 1,065 persons per square kilometer as of 2020. The city's urbanization has led to the development of numerous high-rise buildings, shopping malls, and other commercial establishments.

Conclusion

The population of Cagayan de Oro City has been steadily growing over the years, thanks to its booming economy and strategic location. As the city continues to develop, it is likely that it will attract even more migrants and tourists, further contributing to its population growth. Understanding the city's population dynamics is important for policymakers and business owners, as it can inform decisions related to infrastructure development, job creation, and social services provision.