1 Growth and Development in the Washington Region Presentation to TPB Technical Committee Paul...
-
Upload
gavin-bond -
Category
Documents
-
view
218 -
download
0
Transcript of 1 Growth and Development in the Washington Region Presentation to TPB Technical Committee Paul...
1
Growth and Development in the Washington Region
Presentation to TPB Technical Committee
Paul DesJardin
Metropolitan Washington Council of Governments
May 6, 2005
202-962-3293
http://www.mwcog.org
2
Local Forecasts:Short-Term: Permits
Long-Term: Comprehensive Plans
Regional Econometric Model Projections:
Employment, Populationand Households
Reconcilliation
Regional,Jurisdictional,and
Small-Area(TAZ) Forecasts
(2,000 zones)
COG Cooperative Forecasting Process
3
Round 7.0 Cooperative Forecasts
2000 2030 Change
Employment 2.7 4.2 53%
Population 4.5 6.3 38%
Households 1.7 2.4 41%
Numbers in millions
(1) Includes Charles, Calvert and Stafford Counties
Metropolitan Washington (1)
4
TPB “Expanded Cordon” TPB “Expanded Cordon” (“Modeled Region”)(“Modeled Region”)
CarrollAnne Arundel
Howard(BMC)
Charles, Calvert St.
Mary’s
(TCC So. Md.)Stafford,
Fredericksburg, Spotsylvania, King George
(RADCO/FAMPO)
Clarke
Jefferson
Fauquier
5
Round 7.0: Historic and Forecast Employment Growth
88.2
260.1
172.3
410.2
80.7
85.8
62.2
29.4
123.8
113.2
27.4
27.6
6.5
36.6
189.6
190.2
241.3
348.6
191.8
113.6
64.4
81.5
84.7
42.6
42.8
16.6
26.3
8.8
1.5
7.0
84.9
55.6
8.5
15.8
41.4
10.7
16.6
23.2
78.0
22.2
2.6
14.6
0 100 200 300 400 500 600 700 800
District of Columbia
Arlington County
City of Alexandria
Montgomery County
Prince George's County
Fairfax County (1)
Loudoun County
Prince William County (2)
Calvert County
Charles County
Frederick County
Stafford County
Anne Arundel County
Howard County
Carroll County
St. Mary's County
King George County
Spotsylvania County (3)
Fauquier County
Clarke County
Jefferson County
Jobs (Thousands)
1970 - 2000
2000 - 2030
(1) Includes the Cities of Falls Church and Fairfax(2) Includes the Cities of Manassas and Manassas Park(3) Includes the City of Fredericksburg
6
Round 7.0: Historic and Forecast Population Growth -184.6
350.5
146.3
514.6
132.4
215.1
53.9
72.8
110.4
67.8
191.7
188.3
81.9
56.7
140.1
226.7
164.1
241.1
297.5
262.7
80.0
130.9
88.0
73.2
69.3
42.3
85.7
75.1
20.9
4.6
29.8
8.8
38.8
17.4
16.0
34.2
6.1
12.7
41.4
30.1
52.6
25.4
-200 -100 0 100 200 300 400 500 600 700 800
District of Columbia
Arlington County
City of Alexandria
Montgomery County
Prince George's County
Fairfax County(1)
Loudoun County
Prince William County(2)
Calvert County
Charles County
Frederick County
Stafford County
Anne Arundel County
Howard County
Carroll County
St. Mary's County
King George County
Spotsylvania County(3)
Fauquier County
Clarke County
Jefferson County
Population (Thousands)
1970 - 2000
2000 - 2030
(1) Includes the Cities of Falls Church and Fairfax(2) Includes the Cities of Manassas and Manassas Park(3) Includes the City of Fredericksburg
7
Projected 2000 to 2030 Growth TPB Modeled Region
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Washington MSA Anne Arundel, Carroll, Howard St Marys, Spotsylvania,Fredericksburg, King George,Fauquier, Clarke, J efferson
Tho
usan
ds
Jobs
Population
Households
8
Projected Rate of 2000 to 2030 Growth TPB Modeled Region
0%
20%
40%
60%
80%
100%
120%
Washington MSA Anne Arundel, Carroll, Howard St Marys, Spotsylvania, Fredericksburg,King George, Fauquier, Clarke, J efferson
Jobs
Population
Households
9
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
30% of Monthly Salary (Gross)
$1,751 Average Mortgage (2002)
$1,157 Average Rent (2002)
Comparison of Average Monthly Wages and Average Housing Cost: A Workforce Housing Crisis
10
11
The TPB Modeled Region Would Need 487,000 Additional Households in 2030
Numbers in Thousands
JobsWorkers and
BalanceNeeded to
Households
in 2030HouseholdsNumber ofForecast
Minus
Household1.5 Jobs PerNeeded at
Households2030
JobsWorkers and
BalanceNeeded to
Households
in 2000HouseholdsNumber of
Minus
Household1.57 Jobs Per
Needed atHouseholds2000
Washington MSA5082,4102,9184,377951,7111,8062,845Jobs
2,4101,711Households
Anne Arundel, Carroll, Howard counties-12426414621-40322282444Jobs
426322Households
St Marys, Spotsylvania, Fredericksburg, King George, Fauquier, Clarke, Jefferson-10217207310-1311198154Jobs
217111Households
TPB Modeled Region4873,0533,5395,309432,1442,1883,446Jobs
3,0532,144Households
12
Growth and Development in the Washington Region
• Between 2000 and 2030 in the Washington region, anticipated job growth (+53%) will outpace population growth (+38%) and household growth (+41%).
• Growth in the region will continue to stimulate strong demand for housing, particularly affordable homes for middle-income workers
• The fastest rates of growth are anticipated in the region’s outer suburbs where land costs are cheaper.
• Despite this robust growth, COG has estimated a shortage or need for an additional 487,000 housing units during the period