Study reveals decline in number of family-sized units for county residents
The completed Rental Housing Study, presented to the Montgomery County Council in July 2017, reveals a need for large, family-sized units with 3 or more bedrooms. The study found that a large number of these family-sized units were built in the county over many years — currently, almost 40 percent of all rental units have 3+ bedrooms. These units comprise both multi-family rental apartments and owned units, condos or single-family units, known as conversion units.
However, when these units are disaggregated into multi-family rental apartments, the number of family-sized units become smaller with these units concentrated in older structures. The study also found that only around 12 percent … Continue reading
The Planning Department’s Research and Special Projects Division undertakes cutting-edge studies to influence important decisions about the county
Our plans rely on accurate data about demographics, housing, commercial real estate and the economy to inform recommendations and decisions about land use. This information is carefully gathered by a dedicated group within the Planning Department – the eight staff members of our Research and Special Projects Division – who help us get ahead of the planning curve with their ongoing investigations.
We like to call this division “the think tank for the county” because it provides a wealth of intelligence for the County Council and various government agencies. Currently, the research staff is hard at work on several important studies … Continue reading
The Great Recession had a profound impact on industry and labor conditions throughout the United States. The ensuing recovery has been uneven – both geographically and across time – and today, many places have not recovered or have economies that differ from the pre-recessionary period.
Montgomery County’s economy was also affected by the Great Recession, however, its employment shrank less than those of other jurisdictions during the height of the recession. Our research shows that employment in the county declined 1.8 percent between 2008 and 2011, compared to 3.9 percent nationwide.
The reason for this tempered loss is the role played by the federal government in the county’s economy. Industries such as finance, construction, retail and others were supported … Continue reading
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