Quote:
Originally Posted by KevinFromTexas
According to this, probably sometime in 2020. The estimated population now is 931,830, with 19,117 estimated to have moved in from July 2014 to July 2015. Assuming that number stays the same, we'll exceed 1 million sometime in 2020.
http://www.census.gov/newsroom/press...6/cb16-81.html
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Actually...I believe that should be 2018 or 2019. Remember, the estimate was for July 1, 2015. There may be another ~20,000 new people in the city as of July 1, 2016 (~950,000).
~0.951 in 2016
~0.970 in 2017
~0.989 in 2018
~1.008 in 2019
***This assumes the City of Austin gains 19,000 per year (which means, over time, the actual Y-O-Y growth percentage will be decreasing). I actually believe it will at least remain the same or see a slight increase when new for sale and multi family units com online.
The City of Austin seems to average 3.58% annual growth since 2010. If this remains constant, COA could cross the 1,000,000 mark as early as 2017. The Bureau seems to estimate last year's growth at ~2.1%. If you hold that rate constant, COA would surpass the 1,000,000 threshold in late 2018 or early 2019.