NYC is going to become even more crowded and available property more scarce. Expect rent to keep rising and home values as well.

The Bronx is projected to grow from 1,385,000 in 2010 to 1,579,000 in 2040, an increase of 14 percent—the highest level of growth among the city’s boroughs. After experiencing growth of 4.5 percent in the 2010-2020 period, growth in the borough is projected to increase to 5 percent in the subsequent decade and then decline to 4 percent between 2030 and 2040. Brooklyn’s population, which stood at 2,553,000 in 2010, is projected to grow to 2,841,000 in 2040, an increase of 288,000 or 11.3 percent. With respect to growth by decade, Brooklyn’s population is projected to increase by 3.7 percent between 2010 and 2020, followed by a 4 percent increase in the subsequent decade. Growth is expected to decrease to 3.1 percent between 2030 and 2040. Compared with other boroughs, Brooklyn will have the second highest level of growth and will continue to have the largest population through 2040. The population in Queens is projected to grow by 7.2 percent, from 2,250,000 in 2010 to 2,413,000 in 2040. The growth between 2010 and 2020 is projected to be 3.6 percent, bringing the population to 2,330,000 in 2020. The growth rate is projected to fall to 1.9 percent between 2020 and 2030, and to further decline to 1.6 percent in the following decade. Between 2010 and 2040, Staten Island is expected to increase from 469,000 to 501,000, or by 6.9 percent. In the first decade, the borough is projected to grow 3.9 percent, to 487,000 in 2020. Growth is then projected to fall to 2.2 percent in the following decade, and further decline to 0.7 percent between 2030 and 2040. Manhattan is projected to grow from 1,586,000 in 2010 to 1,691,600 in 2040, an increase of 6.7 percent or 106,000 people. Manhattan’s population is projected to grow by 3.3 percent between 2010 and 2020, and growth is expected to taper off to 2.3 percent between 2020 and 2030, and to 0.9 percent in the following decade.

source: http://www1.nyc.gov/site/planning/data-maps/nyc-population/current-future-populations.page