An untold story in America: Suburbia re-defined

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Many news stories as of late have examined the push to revitalize cities in America, a critical endeavor. However we shouldn’t forget that cities aren’t the only exciting places. The suburbs are also happening.

RCLCO (formerly Robert Charles Lesser & Co.) provides strategic and tactical advice regarding property investment, planning, and development. This week the consulting firm released a study on national trends in suburbs, and the results show a changing landscape. From the study:

“The traditional suburban archetype—which for many Americans evokes images of places like Wisteria Lane in Desperate Housewives or Stepford in The Stepford Wives—is now outdated. In its place, a new model of suburbia has emerged that is much more diverse, serves a broad range of housing needs and desires, and offers abundant opportunities for a wide variety of new development and redevelopment.”

Some of the important findings:

America remains largely a suburban nation.

Suburban growth has driven recent metropolitan growth.

Suburban residents overall have higher incomes.

The suburbs are “young” compared with their regions overall.

American suburbs as a whole are racially and ethnically diverse.

Here’s the entire study.

 

One thought on “An untold story in America: Suburbia re-defined

  1. Pingback: My Most Popular Blogs (12/12/16) | This Just In… From Franklin, WI

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