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DC’s Population Expanding at Steady Pace

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DC’s Population Expanding at Steady Pace

Despite falling short of the mayor’s office assertion that the District grows at a rate of 1,000 new residents per month, city leaders can still hang their hats on the latest release by the U.S. Census Bureau which states D.C.’s population grew at a rate of 1.5% between July 2013 and July 2014. Though down slightly from the 2% growth rate that occurred in each of the past two years, the latest average of over 800 new residents per month remains quite impressive as it still manages to rank 5th highest in the nation when ranked among the 50 states.

Even more, the latest growth statistics cap off an impressive four-year run for the nation’s capital, which has added more than 57,000 residents since the 2010 census, and that growth rate of 9.5% ranks second among states, and fourth among U.S. cities featuring a population of over 500,000 people.

Though the increase in population can be attributed in part to a nearly two-to-one ratio of births to deaths over the studied period, the mayor’s office says that analysis of the census findings has shown that nearly three quarters of the city’s recent migration growth can be attributed to new arrivals from foreign countries.

Of the findings, outgoing mayor Vincent Gray (D) stated that “The growing number of new residents from other nations shows that we compete successfully for new residents, new jobs and new industries not only with other U.S. cities but with other countries,” which was then backed up by Acting Director for the D.C. Planning Office, Ellen McCarthy, who cited the effectiveness of recent policies supporting job growth, housing options, and new array of amenities among other reasons that has benefited not only the city’s existing population, but led to its status as one of the most attractive destinations for those seeking to move, from both home and abroad.

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Tony Taylor is a developer and licensed Realtor in Washington DC & Maryland. Tony has been in the real estate industry for just over 19 years and has developed properties throughout the DMV as well as Tampa, Florida. In addition, Tony has helped buyers, sellers and renters reach their goals for the last 6 years.

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