The Montgomery County Planning Department, in cooperation with the Metropolitan Washington Council of Governments (MWCOG), recently developed a new forecast of population, households and employment from 2010 to 2045. These data-based forecasts are used by government entities and the private sector for various uses, including transportation, water and air quality modeling, and analyzing commercial and residential markets. This latest forecast, known as Round 9.0, is a major reassessment of assumptions made about people, households and jobs in the county.
The draft Round 9.0 forecast anticipates that Montgomery County households, defined as occupied housing units with related or unrelated persons, are expected to increase from about 374,800 in 2015 to 461,900 in 2045, an increase of 87,100 households or 23 … Continue reading