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ROUND 8.3 SUMMARY 5 YEAR FORECAST (2010 To 2040) : Montgomery County, Maryland

This document summarizes population, household, and job forecasts for Montgomery County, Maryland from 2010 to 2040. It projects that the total population will grow from 972,500 in 2010 to 1,203,100 in 2040, households will increase from 361,100 to 460,100 over that period, and jobs will rise from 510,300 in 2010 to 715,100 by 2040. All three metrics are expected to experience steady growth between 4-6% each 5-year period through 2040 according to the forecasts.

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0% found this document useful (0 votes)
116 views1 page

ROUND 8.3 SUMMARY 5 YEAR FORECAST (2010 To 2040) : Montgomery County, Maryland

This document summarizes population, household, and job forecasts for Montgomery County, Maryland from 2010 to 2040. It projects that the total population will grow from 972,500 in 2010 to 1,203,100 in 2040, households will increase from 361,100 to 460,100 over that period, and jobs will rise from 510,300 in 2010 to 715,100 by 2040. All three metrics are expected to experience steady growth between 4-6% each 5-year period through 2040 according to the forecasts.

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ROUND8.

3SUMMARY5YEARFORECAST(2010to2040)
MontgomeryCounty,Maryland
totalpopulation,households&jobs
YEAR

2010
2015
2020
2025
2030
2035
2040

totalpopulation

972,500
1,020,200
1,067,300
1,109,700
1,154,200
1,184,700
1,203,100

5yearchange
47,700
4.9%
47,100
4.6%
42,400
4.0%
44,500
4.0%
30,500
2.6%
18,400
1.6%

households

361,100
377,600
397,100
414,600
434,700
449,800
460,100

5yearchange
16,500
4.6%
19,500
5.2%
17,500
4.4%
20,100
4.8%
15,100
3.5%
10,300
2.3%

jobs

510,300
532,000
564,400
598,800
635,300
674,000
715,100

5yearchange
21,700
4.3%
32,400
6.1%
34,400
6.1%
36,500
6.1%
38,700
6.1%
41,100
6.1%

NOTE:ForecastsarepreparedaspartoftheCooperativeForecastingProcessoftheMetropolitanWashingtonCouncilofGovernments
(www.mwcog.org).ForecastsforareaswithintheCitiesofGaithersburgandRockvillearebasedontheforecastspreparedbyeachCity
undertheCooperativeForecastingProcess.
SOURCE:Research&SpecialProjectsDivision,MontgomeryCountyPlanningDepartment,Round8.3CooperativeForecast

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