Population Forecast

5 year Forecast - 1.8%

The current population of the Roanoke-Danville-Lynchburg, VA Market is 1,149,544 as of the July 2024 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 1.8%, resulting in a Population of 1,169,911 by July 2029. This percentage change in Population ranks 106th across STI Markets. The Roanoke-Danville-Lynchburg, VA Market currently ranks 91st in overall population, and will rank 88th 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 - -0.1% to 5.6%

While the summation of mid range 5 year forecasts foresee a change in Population of 1.8% for Roanoke-Danville-Lynchburg, VA Market. The forecast high ranges of these forecasts leaves open the possibility for a Population change as high as 5.6% at 1,213,714. Similarly a population change as low as -0.1% at 1,148,674 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 - 3.8%

By July 2034 we project the Population of the Roanoke-Danville-Lynchburg, VA Market to be 1,193,188 resulting in a change of 3.8% compared to the current Population. This projected percentage change in Population ranks 105th across STI Markets. The Roanoke-Danville-Lynchburg, VA Market currently ranks 91st in overall population, and will rank 89th by July 2034.

10 year Projections by Census Tract

10 Year Percentage Change Thematic

Figure 75: 10 Year Percentage Change Thematic