Lipetsk's 2021 population is now estimated at 505,846. In 1950, the population of Lipetsk was 96,951. Lipetsk has grown by -1,445 since 2015, which represents a -0.28% annual change. These population estimates and projections come from the latest revision of the UN World Urbanization Prospects. These estimates represent the Urban agglomeration of Lipetsk, which typically includes Lipetsk's population in addition to adjacent suburban areas.