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What Lies Ahead: Population, Household and Employment Forecasts to 2040 April 2012
<br />These gains reflect the end stages of the household life -cycle, as couples with children become
<br />households without children.
<br />Growth in Generation Y and Millennials will still generate growth in households with children (up 148,000
<br />or 33 percent over 30 years). However, most of the net household growth in the Twin Cities area will
<br />result from growth in one -parent households (up 80,000 or 62 percent over 30 years).
<br />Single parent with children
<br />Couple with children
<br />Cohabiting couple, no children
<br />Married couple, no children
<br />One person and other
<br />Living alone
<br />Household Type, 2010-2040
<br />325,000
<br />t! S1111
<br />240,000
<br />327,000
<br />2010
<br />• • •
<br />350,000
<br />183,000
<br />375,000
<br />7�11111
<br />ti�a�u
<br />294,000
<br />.14,I,I,
<br />388,000
<br />2020
<br />323,000
<br />456,000
<br />2030
<br />010 209,000
<br />393,000
<br />3l�iIsIs
<br />327,000
<br />506,000
<br />2040
<br />Between the churn of migration and higher birth rates among Hispanic, Black or African -American, and
<br />Asian populations, the Minneapolis -St. Paul region will become more racially and ethnically diverse. In
<br />2010, people of color comprised 24 percent of the regional population. By 2040, the Council projects that
<br />43 percent of residents will be people of color. In 2040, the Minneapolis -St Paul workforce will reflect the
<br />diversity seen today in the region's elementary schools. The population of color will more than double, up
<br />from 676,000 in 2010 to 1,613,000 in 2040, while the White non -Hispanic population will decrease by 2
<br />percent. The region's
<br />Hispanic population is
<br />expected to nearly triple
<br />(from 168,000 in 2010 to
<br />479,000 in 2040), and both
<br />the Black or African -
<br />American population and
<br />the population of Asians
<br />and other people of color
<br />will more than double (from
<br />234,000 in 2010 to 492,000
<br />in 2040 and from 274,000 in
<br />2010 to 642,000 in 2040).
<br />The Council's population
<br />forecasts reveal contrasting
<br />trends in the age distribution
<br />Population by Race and Ethnicity, 2010-2040
<br />Hispanic
<br />Asian and Other
<br />• Black or African -American
<br />• White non -Hispanic
<br />3
<br />/ 246,000
<br />168,000 3785000
<br />1 274,000
<br />234,000 308,000
<br />2,174,000
<br />2,211,000
<br />353,000
<br />504,000
<br />. 394,000
<br />2,196,000
<br />2010
<br />2020
<br />2030
<br />479,000
<br />642,000
<br />492,000
<br />2,129,000
<br />2040
<br />METROPOLITAN COUNCIL ■ RESEARCH • 390 ROBERT STREET NORTH. ST. PAUL, MN 55101-1805 ■ WNW.METRCCOUNCGL.ORG
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