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Forecasting Lacombe’s Population

Lacombe’s Population in 2016 was 13,060.

What is a reasonable expectation of Lacombe’s population in the upcoming years, and how long will it take for Lacombe to have a population of 15,000.

Lacombe’s population growth has been in lock step with the Province of Alberta and the major cities of Red Deer, Edmonton and Calgary.  From 1991 to 2016 the last 25 years, Lacombe’s Population grew by 85%, while Calgary grew 72%, Red Deer grew 70%, Alberta grew 63% and Edmonton grew by 45%.

 LacombeAlberta
YearPopulationYearly Growth RatePopulationYearly Growth Rate
201613,0601.3%4,097,0001.6%
201412,7302.9%3,967,0002.4%
201111,7102.5%3,700,0002.7%
20019,3803.3%2,908,0001.6%
19917,0602.3%2,510,0001.5%
19815,7207.7%2,181,0003.5%
19713,2300.7%1,619,0002.4%
19613,0301,344,000
Red Deer Calgary Edmonton
Year Population Yearly Growth Rate Population Yearly Growth Rate Population Yearly Growth Rate
2016 99,800 0.6% 1,235,000 1.7% 899,000 1.2%
2014 98,600 2.4% 1,195,000 2.2% 878,000 2.5%
2011 91,900 3.0% 1,120,000 2.4% 818,000 2.3%
2001 70,600 2.0% 905,000 2.6% 666,000 0.8%
1991 58,700 2.1% 717,000 1.5% 618,000 1.2%
1981 48,600 7.6% 623,000 5.1% 551,000 2.2%
1971 27,600 3.1% 413,000 5.3% 451,000 5.3%
1961 21,100 269,000 295,000

Since 1991, the last 25 years Lacombe’s Population grew by 85%, or 2.5% compounded annually.

Using a 2.5% yearly growth rate, this is what Lacombe’s population would look like in the upcoming years.

YEARPOPULATION
201613,057
201713,383
201813,718
201914,061
202014,412
202114,773
202215,142
202315,521
202415,909
202516,306

If Lacombe’s Population averages a yearly growth rate of 2.5%, then Lacombe’s Rounded Population would be:

2020 (3 Years Away):   14,500
2022 (5 Years Away):   15,000
2025 (8 Years Away):   16,000

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