Thursday, December 01, 2005

Who Lives Downtown?

Highlights from a Brookings Institution report.

During the 1990s, downtown population grew by 10 percent, a marked resurgence following 20 years of overall decline.

From 1970 to 2000, the number of downtown households increased 8 percent—13 percent in the 1990s alone—and their composition shifted.

Downtown homeownership rates more than doubled during the thirty-year period, reaching 22 percent by 2000.

In general, downtowns boast a higher percentage of both young adults and college-educated residents than the nation's cities and suburbs.

Thanks to Paul Bednar for finding the report.

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