Southern Visions Real Estate is poised to meet the land and home needs anticipated in Lexington County Population Boom!October 4, 2016 11:55 am Leave your thoughts
As a the number 1 ranked Independent Residential Real Estate firm in Lexington for 10 years running, Southern Visions Real Estate is ready and willing to meet the needs of a growing Lexington County population. Southern Visions has also been ranked in CMLS data as the Number 1 Real Estate company in Lots, Acreage and Commercial transactions for the last 10 years.
A Midlands population boom is underway, and Lexington County is ground zero. The 758-square-mile county is expected to see an influx of at least 21,000 new residents by 2021, according to new projections. The MSA consists of Richland, Lexington, Calhoun, Fairfield, Kershaw and Saluda counties. In 2010, the U.S. Census Bureau reported the population of the MSA to be 767,600 people. The current population is now approximately 819,700 people, according to Esri. By 2021, the MSA’s total population is projected to increase 5.6 percent to nearly 866,000 people, an increase of 46,300 new residents.
And that projected growth will be concentrated largely in Lexington County; the 2016 population of Lexington County is estimated now to be around 286,000 and projected to be 307,000 people by 2021 – a 7.4 percent increase. Signs of growth are evident all over the county, which includes the bustling town of Lexington, as well as parts of Irmo and Columbia and the capitol city’s adjacent urban enclaves across the river in West Columbia and Cayce. Numerous new, and large, housing and commercial developments are planned or already are underway in the county. The activity is especially evident in and around the town of Lexington and spreading out along the main corridors of Interstate 20 and U.S. Highways 1 and 378.
All those people will have significant impacts on everything from housing, to traffic, to schools, to infrastructure, to vital town- and county-level services such as police, fire, and EMS response, local officials have warned. Lexington County officials, as well as municipal leaders, already are scrambling to keep service levels in step with growth, while attempting to minimize tax increases.
If you are looking to buy, sell or invest now is the time and Southern Visions track record of excellence is ready to assist you. Call our office today to speak with one of our professionals. 803-359-9571 ./ www.svrealty.com
Credit for some Article Content: Hal Millard
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This post was written by Carley Carr