The population of a town grows at a rate of 5% annually. If the current population is 50,000, what will it be in 10 years?

Thu, 30 Apr 2026 04:30:15 +0000

**Understanding Long-Term Population Growth: What Happens When a Town Grows 5% Annually?** How does a town’s population steadily increase by 5% each year—mathematically, what will its size be in a decade? If a community currently stands at 50,000 residents, projecting its future size reveals more than numbers; it reflects demographic shifts, economic momentum, and urban planning realities shaping American towns today. The demand for such insights is growing. With shifting migration patterns, rural revitalization efforts, and local development strategies, more residents, investors, and policymakers want reliable forecasts that inform decisions. Whether evaluating housing needs, educational infrastructure, or public services, understanding growth over time delivers practical value. Mathematically, a 5% annual population increase compounds each year, not grows linearly. Starting with 50,000, the formula involves exponential growth: multiplying by 1.05 for each year over ten. This means growth accelerates subtly each year—like compounding interest—resulting in higher numbers later in the period but steady progress from year to year.