How do you envision the Puget Sound region by 2040?

Reba Haas on 08 13, 2007

If you want to get a voice in how things are shaped for the Puget Sound region over the next 30 or so years, or you just want to see what kinds of data are being collected and the projected outcomes for our region, stop by this website: http://psrc.org/

It’s expected that roughly 50,000 more people per year will migrate to this part of the country for a total of roughly 1.7 Million additional people by 2040 and approximately 1.2 Million additional jobs. These kinds of stats are what continues to drive the housing market in a positive direction for Seattle and surrounding areas. I say “positive” only from the standpoint of us not having a big crash in our local market in opposition to areas of the country that have fallen drastically due to job losses, over-building, investor hype, etc.

Comments on the plans are open till September 7th. If you’d rather get heard at a public forum instead of online you can also check out upcoming events in Bellevue and Tacoma.

About the Author: Rebecca Haas

Author's website: http://www.TeamReba.com
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Rebecca (aka Reba) has helped direct Team Reba to its current level as a top producer in the region working with a successful hybrid of investor/commercial and residential clients in the Puget Sound and Greater Seattle areas. Check out our company website, or our company blog to see what else we have to say about local real estate. Or, call us at 425-970-3697 for a more personal touch.

5 Responses to “How do you envision the Puget Sound region by 2040?”

biliruben

August 13, 2007 at 1:53 pm

Do you have a source for that estimate of 50,000 new folks a year? That seems awfully high to me.

King County only grew at roughly 10K/yr from 2000-2004 according to the chamber of commerce, and Seattle’s population is virtually the same as it was 50 years ago.

Seattle’s a beautiful city was some great employers, and the economy has been chugging along nicely of late. However that projection, given the cost of living and lack of an increase in high paying jobs, seems pretty far-fetched.

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Deborah Burns

August 13, 2007 at 4:00 pm

Very interesting Reba, at least the part I looked at; “Growth and Transportation Patterns and Presentation”, which is the portion of the report showing the projected the growth in the Puget Sound Areas of Snohomish, King and Pierce counties of the 1.7 million by 2040, or roughly 50,000 per year..

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#170013
Reba Haas

August 13, 2007 at 4:02 pm

These are but some of the references you can turn to that will cite or provide these statistics.

http://seattletimes.nwsource.com/html/localnews/2003199361_population15m.html

http://psrc.org/publications/pubs/trends/d7feb07.pdf

http://www.metrokc.gov/budget/agr/agr04/PDFs/AGR-Ch3-all.pdf

http://seattlepi.nwsource.com/local/308551_census22.html

http://www.psat.wa.gov/Programs/Growth.htm

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#170014
Reba Haas

August 13, 2007 at 4:03 pm

oh, and I’m talking about the Puget Sound region, not just King County. Pierce and Snohomish are very much involved in this conversation particularly with respect to housing and transit.

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#170015
biliruben

August 14, 2007 at 5:44 am

Thanks, Reba.

Browsing quickly through the links, I don’t see any references to qualified demographers, but if you are talking about the area from Everett to Tacoma to Bermerton, I suppose 50K/yr isn’t outrageously high. Just somewhat high.

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