First Vienna Residential Market Report 2023

demographics of vienna

11

The two-million mark is drawing closer and will be reached by 2028 according to the latest population fore- cast. Vienna welcomes more residents every year, which translates to an additional need for living space every year even if the growth spurt temporarily has been slowing down somewhat in recent years.

Demographic outlook for Vienna 2022 to 2080

Age profile of population as at January 1, 2022

2,461,005

1,953,417

> 65 years 16.54%

19.39%

0-19 Years

Population

2,000,000

W

Ø age 41 years

1,750,000

64.06%

20-64 Years

1,500,000

Year

1,250,000

1990

2000 2010

2030 2040 2050 2060

2070

2022

2080

Forecast to 2080

→ In 2080, approx. 2,582,968 people will be living in Vienna. → This corresponds to an increase by 26%. → 25.9% of the population will be 65 years or over. → The number of people below the age of 20 will fall to 17.9%.

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