First Vienna Residential Market Report 2025

demographics of austria

demographics of vienna

11

Austria had a population of 9,167,923 people in 2024 – a figure that is expected to increase further. One of the main reasons for this demographic growth lies in Austria‘s exemplary infrastructure, its extensive social benefits, and the extremely diverse range of leisure activities that the country has to offer. Austria provides a varied range of housing options and living environments valued by locals, newcomers, and investors alike.

Reaching the two million mark in 2023, Vienna has become one of Europe’s five largest cities sooner than anticipated. Together with continuously increasing population numbers, this has led to a significantly increased need for additional living space in Austria’s federal capital.

Demographic outlook for Austria 2024 to 2080

Age profile of population as at January 1, 2024

Age profile of population as at January 1, 2024

Demographic outlook for Vienna 2024 to 2080

2,446,602

10,179,834

9,167,923

2,009,562

Population

> 65 years 16,38 %

> 65 years 19.84 %

19.28 %

10,000,000

0-19 years

0-19 years 19.33 %

Population

8,000,000

2,000,000

A

W

6,000,000

Ø age 43.4 years

Ø age 41.0 years

1,750,000

60.88 %

4,000,000

20-64 years 64.29 %

20-64 years

1,500,000

2,000,000

Year

Year

0

1,250,000

2000 2010

2020

2030 2040 2050 2060

2070

1990

2000 2010

2020

2030 2040 2050 2060

2070

2024

2080

2024

2080

Forecast to 2080

Forecast to 2080

→ In 2070, more than 10 million people will be living in Austria. → This corresponds to an increase by 11.04 %. → 29.3 % of the population will be 65 years or over. → The number of people in Austria below the age of 20 will decrease to 18.66 %.

→ In 2080, approx. 2,446,602 people will be living in Vienna. → This corresponds to an increase by almost 22.0 %. → Around 26.0 % of the population will be 65 years or over. → The number of people in Vienna below the age of 20 will decrease to 17.8 %.

FIRST VIENNA RESIDENTIAL MARKET REPORT 2025

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