This American City Has Lost Nearly 40% of Its Downtown's Population in Just 10 Years

As cities grapple with the long-term impact of the pandemic, many are witnessing a significant decline in downtown populations, with some like Albany, Georgia declining by nearly 40%. This demographic shift presents risks not only to the vibrancy of urban centers but also to the livelihoods dependent on these bustling areas, such as retail and dining establishments. Though some downtowns are seeing signs of recovery, the trend of remote work has altered the landscape of urban living.

The 24/7 Wall St. analysis used U.S. Census Bureau data to identify cities with shrinking downtown populations, revealing a complex picture where some areas face profound decline, while others, particularly suburban areas, are growing. This dichotomy underscores a notable trend: the migration away from central city living, exacerbated by changes in working habits. The social, economic, and cultural implications of this shift are profound, impacting local economies and the future of urban development.

Read at 24/7 Wall St.