The suburban areas Are experiencing a Moment -

America largely remains a suburban nation. Younger generations threatened to modify that, with numerous expressing an increased wish to live in urban locations, but their numbers lately are showing a shift to the suburban areas.

The suburban areas are outstripping downtown’s in overall population growth, diversity, and younger residents, in accordance with a new study of population trends and housing from the Urban Land Institute’s Terwilliger Center for Housing.

The suburban areas Are experiencing a Moment

Seventy-nine percent of the population in the 50 largest metros live in suburban areas. From 2000 to 2015, suburban areas made up 91 percent of the population growth and 84 percent of the household growth, the study shows. What’s more, three-quarters of people age 25 to 34 in those metro areas are opting to reside in the suburbs.

The primary motivators that have traditionally sent people packing towards the suburbs are still high priorities today: Lower-cost of housing and proximity to jobs. In 2014, about two-thirds of jobs in the 50 largest metros were found in the suburbs.

The study’s findings, however, also note several challenges ahead for suburbs as they face swelling populations. As an example, researchers note that city officials will need to evaluate the way that they provide services such as public transportation in less-affluent suburban areas, particularly as more people become spread out and the fact that there are actually less established nonprofit bases in the suburban areas than cities.

Nick & Cindy Davis with RE/MAX Premier can assist you throughout the Tampa Bay and Surrounding areas in finding your new home. If you are ready to get started, give us a call at 813-300-7116 or simply click here and we will get started working for you.

Take a look at a few of the most recent homes that came on the market here in the Tampa Area.

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6338 Newtown Circle #38A6, Tampa, FL

6338 Newtown Circle #38A6
Tampa, FL

$160,000
- Lot Size
  
  436 sqft
- Home Size
  
  1,502 sqft
- Beds
  
  3 Beds
- Baths
  
  3 Baths
- Year Built
  
  1979
- Days on Market
  
  2
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