Raleigh-Cary, NC Population is Expected to Jump!
Raleigh-Cary, N.C. over the last decade experienced a population surge of about 41.8%! The U.S. population is expected to rise 8.9% in the next decade. So what states are expected to be most affected by big growth between 2010 and 2020??
It comes as no surprise to me that Raleigh-Cary is at the top of the list with an anticipated 35.7% jump according to an article by Inman News!!
I hear folks moving here all the time say they were looking for the best place to raise a family, or the best place to live, or the best place to buy a house. They found us!
We are so proud of our area and excited to see the continued growth over the next decade, as we have in the last. Although, I have to disagree with the broker interviewed who quotes in the article that they haven’t “not seen a huge surge in relocation and out-of-town buyers yet”… YIKES!
And take a look at what Wake County stats say;
Wake County grew by 29,146 people (80 per day) in the last year according to U.S. Census Bureau estimates released in March 2010.
Are there many other counties with that kind of growth?
According to an article by money.ccn.com, researchers estimate that by 2030 about $25 trillion worth of new homes and offices will be built to handle the demand… (that’s more than twice the size of the U.S. economy today)!
Where do experts think the majority of this money will be focused?? They’ve narrowed it to 10 regions which were chosen after evaluating growth forecasts and interviewing regional planners, developers and investors.
One of the regions… ours; Raleigh-Durham (and along the I-85 corridor to Atlanta). With an expected population increase of about 7 million people, along with an estimated 3.4 million jobs (38% increase), 3.1 million new homes (40% increase – WOW!), and 7.7 million square feet of new office space (a substantial increase of 120%), Raleigh-Durham is slated for tremendous growth!!!… there’s gold in those numbers wouldn’t you say?
Is this the right place (GREAT PLACE) to be?! We’d say so!!!!