Perhaps the most surprising demographic trend over the past decade in Virginia—and much of the U.S.—has been the resurgence of growth in cities after nearly half a century of population decline or stagnation. In the early 2000s, after the population of Virginia’s independent cities hit their lowest point since the 1950 census, many of Virginia’s cities began growing again. Local zoning reforms, changing property development models, and a renewed public interest in urban centers all helped fuel the recent growth. Yet the recent population growth trend in Virginia’s cities may be more fragile than it appears; Virginia’s cities experienced their most rapid growth during the last recession when the economy and strict mortgage regulations made it difficult to buy a home. Now that the economy and housing markets are the strongest they have been in over a decade, migration out of many of Virginia’s cities is rising.
Source: Weldon Cooper Center Population Estimates and the Decennial Census. The consolidated city-counties are not included in the population total. Read Full Article →