New projections from the Boston Planning & Development Agency predict Boston will gain almost 60,000 new residents by 2030.
The updated projections released this week say Boston will have grown from 617,549 residents in 2010, to 694,583 today, to 701,000 by 2020 and 760,000 residents by 2030.
The agency’s projections still show a relatively young city, with the age 20-29 cohort continuing to be the largest, but the overall share of the population for residents between age 15 and age 29 decreasing from 33 percent in 2015 to 29 percent in 2030.
The BPDA figures track closely with those produced by the Donahue Institute at UMass Boston, which show Boston hitting 752,000 people over the same time frame.
Boston’s population peaked in 1950 at 801,444, according to Census Bureau figures, shortly before surrounding suburbs saw an explosion of new home construction and discriminatory mortgage lending practices and a hunger for modern housing options enticed many white families out of the city.
A report released last week by ApartmentList showed that while the Boston area has increased the number of new housing units permitted since the recession over rates in the 1900s and early 2000s, it has still yet to reach the pre-recession peak in the number of units permitted. In addition, the metro has added 2.54 jobs for every housing unit permitted between 2008 and 2018, far more than most metro areas in America. Metro Boston saw 108,406 units permitted and 275,033 jobs created over that period.