Res 2024-045 approving the 2024 City of San Marcos Hazards Mitigation Action Plan (“HMAP”)

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SECTION 3: CITY PROFILE 2017 419 419 $69,986,491 2018 557 557 $86,468,277 2019 577 577 $105,399,917 2020 625 625 $117,547,676 2021 721 721 $134,559,361 FUTURE GROWTH AND DEVELOPMENT To better understand how future growth and development in the city might affect hazard vulnerability, it is useful to consider population growth, vacant land, the potential for future development in hazard areas, and current planning and growth management efforts. Population projections for Hays County from 2020 to 2050 are listed in Table 3-7, as provided by the Office of the State Demographer, Texas State Data Center, and the Institute for Demographic and Socioeconomic Research. Population projections are based on a 0.5 scenario growth rate, which is 50 percent of the population growth rate that occurred during 2010-2020. This information is only available at the county level; however the City of San Marcos is a major driver of growth in Hays County. San Marcos accounts for approximately 30 percent of the total Hays County population and has captured nearly 27 percent of the population growth in the county since 2000.20 Table 3-7. Hays County Population Projections21 676.85 157,107 232.11 234,896 347.04 347,120 512.85 509,975 753.45 746,149 1,102.4 The estimated increase in population and continued growth will result in challenges to the City of San Marcos infrastructure and development. To accommodate projected growth rates, it is estimated that between 42,000 and 54,000 additional housing units will be needed by 2050.22 21 Source: www.visionsmtx.com/wp-content/uploads/2023/02NisionSMTX_FinalDraft_O2.16.23_.pdf 21 Office of the State Demographer, Texas State Data Center, and the Institute for Demographic and Socioeconomic Research 22 Source: https://ktswblog.net/2022/12/22/san-marcos-continues-to-adapt-to-growing-population/ City of San Marcos I Hazard Mitigation Action Plan Update 2024 1 Page 11