Raleigh metro’s population to grow by 72 percent in 25 years, new report estimates

This just seems so unreal to us!

Raleigh leads the mid-Atlantic states in terms of population growth in the next 25 years, according to projections issued Tuesday by American City Business Journals, the parent company of Triangle Business Journal.

The Raleigh metro is expected to have almost 2.2 million residents by 2040, up 72 percent from its current 1.27 million base. That would place the metro as the 35th largest metropolitan area in the country in 25 years. Raleigh currently is the 44th largest metro in the U.S. In raw population terms, the Charlotte metro is expected to grow more by 2040 (by 1.9 million residents) but the percentage growth is only 49 percent — because of its current 2.42 million population base.

Raleigh’s meteoric percentage increase in population growth places the metro as the third-fastest growing metro in the next 25 years behind Austin, Texas, and Cape-Coral-Fort Myers, Florida, according to the newly released report.

The Durham-Chapel Hill metro is expected to grow by about 36 percent — from about 552,000 residents to 753,000 by 2040 — making it the 89th largest metro in the country.

ACBJ has generated population projections for 933 metropolitan and micropolitan areas, based on raw data from the U.S. Census Bureau and the University of Virginia’s Weldon Cooper Center for Public Service.

The populations of 10 major U.S. metropolitan areas will skyrocket by more than 50 percent in the coming quarter-century.

See the link for the full story:  Report methodology

by: G. Scott Thomas and Sougata Mukherjee

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