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

The shift towards remote working has significantly decreased the necessity for daily commutes to downtowns, impacting local businesses like restaurants and retail establishments.

The downtown population of cities such as Albany, Georgia has seen alarming declines, with Albany experiencing a staggering 39.3% decrease in just ten years.

Cities with shrinking downtown populations are faced with broader demographic shifts; in many cases, populations are relocating from these areas to suburban regions.

Areas traditionally reliant on downtown activity face the challenge of re-defining their economies as remote work becomes a more permanent fixture in the workforce.

Read at 24/7 Wall St.