Population Forecast

5 year Forecast - 2%

The current population of the Virginia Beach-Newport News, VA-NC Market is 1,981,543 as of the July 2024 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 2%, resulting in a Population of 2,021,331 by July 2029. This percentage change in Population ranks 100th across STI Markets. The Virginia Beach-Newport News, VA-NC Market currently ranks 52nd in overall population, and will rank 53rd by July 2029.

Market Comparison Map - 5 Year Change

5 year Forecast Market Map

Figure 71: 5 year Forecast Market Map

5 Year forecast by Census Tract

5 Year Percentage Change Thematic

Figure 72: 5 Year Percentage Change Thematic

High and Low Range - -1.1% to 8.8%

While the summation of mid range 5 year forecasts foresee a change in Population of 2% for Virginia Beach-Newport News, VA-NC Market. The forecast high ranges of these forecasts leaves open the possibility for a Population change as high as 8.8% at 2,156,236. Similarly a population change as low as -1.1% at 1,960,686 is not without possibility.

Population Trend and Forecast

Figure 73: Population Trend and Forecast

Historical Trend and Forecast

Population Long Trend and Forecast

Figure 74: Population Long Trend and Forecast

10 year Projections - 4.4%

By July 2034 we project the Population of the Virginia Beach-Newport News, VA-NC Market to be 2,069,196 resulting in a change of 4.4% compared to the current Population. This projected percentage change in Population ranks 96th across STI Markets. The Virginia Beach-Newport News, VA-NC Market currently ranks 52nd in overall population, and will rank 54th by July 2034.

10 year Projections by Census Tract

10 Year Percentage Change Thematic

Figure 75: 10 Year Percentage Change Thematic