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Public Transit Statistics: 20 Years Impacts Industry

Public transit has continued to advance and it’s not slowing down anytime soon. From 20 years ago to today, there has been a 37% increase in public transit as a whole. That’s a huge increase over the last two decades. As mobile ticketing makes its way into the transit scene, we’re seeing a lift in the overall amount of people taking public transit. Whether you’re hopping on the light rail to explore uptown restaurants or are commuting on the metro during the week – public transit is gaining popularity.

 

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As a whole, we’re seeing a 20% increase in population over the last two decades. The increase in population has the power to completely influence the transit industry. For one, more people are now more prone to take transit, but there’s also more options for riders. It’s ultimately a win-win.

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With public transit increasing in ridership, we’ll see it greatly enhance communities. For every $1 communities invest in public transportation, approximately $4 is generated in economic returns. How incredible is that?!

For more information on the transit industry, click here.