Seattle booms on

New housing on Seattle’s Dexter Avenue.

Seattle’s growth is still accelerating. Census estimates released yesterday show almost 21 thousand new residents in Seattle in the year ended July 2016. With 704 thousand residents, Seattle is once again the nation’s fastest growing city with 3.1% annual growth.

We’ve become accustomed to fast growth, averaging 15 thousand new residents in Seattle annually between 2010 and 2015. So it’s impressive how Seattle has stepped up its game to add even more residents. As Gene Balk observed yesterday, Seattle is only the second top 50 city to grow more than 3% in one year this decade (the other was Austin in 2012). 3% growth in a mature city is a big deal.

Demand for urban living is strong, as evidenced by high prices for homes in walkable neighborhoods all over the US. But most cities have a hard time delivering those homes. Curbs on urban growth push many involuntarily to the suburbs, and most metropolitan areas are still becoming more suburban. More so than any large American metropolitan area, Seattle has densified as it has grown.

Seattle accounted for a massive 58% of all King County growth in 2016. Seattle’s acceleration was matched by a slowing of growth in many King County suburban cities. Total growth in King County in 2016 was about the same as 2015. A few cities on the central Eastside performed well. Bellevue (+1.3%), Redmond (+3.2%), and Issaquah (+3.6%) all showed healthy growth rates. But the rest of King County had its weakest growth since the recession, and expanded just 0.8%. Continue reading “Seattle booms on”