Population Forecast
5 year Forecast - 4.2%
The current population of the Richmond-Charlottesville, VA Market is 1,907,939 as of the July 2024 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 4.2%, resulting in a Population of 1,987,861 by July 2029. This percentage change in Population ranks 42nd across STI Markets. The Richmond-Charlottesville, VA Market currently ranks 55th in overall population, and will rank 56th by July 2029.
High and Low Range - 1.9% to 13.8%
While the summation of mid range 5 year forecasts foresee a change in Population of 4.2% for Richmond-Charlottesville, VA Market. The forecast high ranges of these forecasts leaves open the possibility for a Population change as high as 13.8% at 2,172,017. Similarly a population change as low as 1.9% at 1,943,392 is not without possibility.
Figure 73: Population Trend and Forecast
10 year Projections - 9.3%
By July 2034 we project the Population of the Richmond-Charlottesville, VA Market to be 2,085,393 resulting in a change of 9.3% compared to the current Population. This projected percentage change in Population ranks 38th across STI Markets. The Richmond-Charlottesville, VA Market currently ranks 55th in overall population, and will rank 53rd by July 2034.
