Dallas-Fort Worth’s dazzling population growth of last decade will likely not be repeated in the next decade, but DFW is still expected to continue leading the country’s metro areas in adding new residents.
Recently, Cushman & Wakefield, a company providing commercial real estate services, revealed its predictions for residential growth in U.S. metro areas over the next decade. Dallas-Fort Worth has added the most residents during the last decade, 2010-2019 and is expected to do the same from 2020-2029.
DFW is projected to have a 17.9% increase in population, which while impressive, pales in comparation to the 20.9% growth experienced from 2010 through 2019. If Cushman & Wakefield is correct, by 2030 the city’s population will be around nine million.
Developers choose location-based names and Logo Design, favoring areas projected to increase in population.
Presently Dallas-Fort Worth is the country’s fourth largest metro area, trailing New York City, Los Angeles and the Windy City. If the next decade is like the last 10 years, Chicago’s population will hardly increase at all. Should that trend continue DFW could conceivably pass Chicago in population and move into third place.
The size of DFW’s tech workforce can be used as a predictor of its growth prospects. CBRE, a real estate service company, issued a report in July 2019 stating DFW was surpassed by only New York City, the San Francisco Bay Area and Washington D.C. in its reservoir of tech workers.
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