What will Cary look like in 2025?

By Tracy Santrock

Real Estate Agent with Santrock Realty Group Inc. , 244213

January 28, 2012 04:11 AM

Town of Cary Chamber of Commerce

Here are some of the interesting trends related to growth in Cary:

We are projected to have a population of 180,000 by 2025.
Our median age will be approaching 40 by 2025.
By that time over 4000 people will be turning 65 each year as compared to 3000 now.
Cary’s population demographics show that we have the largest percentage of 40 go 49 year olds in Wake County and the smallest percentage of 20 to 29 year olds.
Our average household size continues to get smaller.
Our population is more diverse with over 19% foreign born. 7.7% are Hispanic and 13.1% are Asian.
Our median household income has dropped in the last ten years from $95,000 to $88,000.
Our population is well educated with over 60% achieving a Bachelor degree or higher and 24% achieving a Masters degree or higher.
In this century our built environment will be renewed more than three times.