First Vienna Residential Market Report | 2020

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

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HOUSING MARKET

DEMOGRAPHICS OF V IENNA

AS AT JANUARY 1, 2019, the population of vienna was 1,897,491. Of these, 312,445 people were older than 65, and 366,693 were younger than 20 years of age. On January 1, 2019, the average age in Vienna was 40.4 years (41.7 for women and 39.0 for men). Current forecasts predict that the population of the capital will only hit the two million mark in 2027.  ×

AGE PROFILE OF POPULATION AS AT JANUARY 1, 2019

DEMOGRAPHIC OUTLOOK FOR VIENNA

2019 TO 2070

1,897,491

2,239,762

Population

366,693

0–19 YEARS

2,000,000

312,445

> 65 YEARS

1,750,000

1,218,353

20–64 YEARS

1,500,000

Year

1,250,000

1985

1995

2005

2030

2040

2050

2060

2019

2070

FORECAST

→→ Only by 2027, Vienna will have a population of more than two million. →→ By 2070, the population of the city is expected to reach 2,239,762. →→ This corresponds to an increase of 18% from 2019 to 2070. →→ By 2070, around 23.9% of the city's population will be 65 years or over, up from 16.5%. →→ The number of people in Vienna below the age of 20 will decrease from 19.4% today to 19.2% by 2070.

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