In 2023, the population in urban agglomerations of more than 1 million people in the US was 47.17%. Forecasts for 2024 to 2028 show a gradual increase from 47.33% to 47.84%. The year-on-year growth averages around 0.1%, indicating steady urbanization. From 2023 to 2028, the compound annual growth rate (CAGR) remains modest, reflecting slow but consistent urban expansion.
Future trends to monitor include:
- The impact of technology and remote work trends on urban living preferences.
- Environmental policies influencing urban planning and sustainability.
- Migrations patterns linked to economic opportunities and climate resilience.
