Standing Room Only

DID YOU KNOW…

  • Current estimates by the U.S. Census Bureau put the world population at 7.1 billion people. This number is forecasted to reach 9.4 billion by 2050. This equates to annual growth of 62.3 million people. India will overtake China as the world’s largest country with 1.7 billion people. The U.S. will remain the third-largest country with 422.6 million people but the top-ten will be shuffled. Following the U.S. will be Nigeria, Indonesia, Pakistan, Bangladesh, Brazil, Ethiopia and the Philippines.
  • The U.S. population is forecasted to grow from 313.8 million to 422.6 million by 2050. According to the 2010 census, 80.7% of Americans live in cities, up from 79.0% in 2000. At least 341.0 million people will be living in U.S. cities. Cities will have to adjust to this growth, especially with regard to their infrastructure.
  • The chart below shows that even though the U.S. population will grow over the next 38 years, the annual growth rate will decline steadily. In 2032, net international migration will overtake natural increase as the leading growth driver. Natural population growth will decline rapidly as households have fewer children. In fact, the U.S. fertility rate (the number of children born to a woman over her lifetime) will reach 2.0, down from its current 2.1.

research fact may 2013
Source: U.S. Census Bureau

About Cushman & Wakefield/NorthMarq

​Cushman & Wakefield/NorthMarq is a joint venture formed in September 2011 by NorthMarq Real Estate Services and the Minnesota operations of global real estate services firm Cushman & Wakefield. By combining the talent of both organizations at the regional level with the global platform of Cushman & Wakefield, we offer clients the best combination of regional strength and global capabilities. The result: the leading commercial real estate firm by all measures in the Upper Midwest.
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