Monday, November 27, 2006

Demographic Profile for Litchfield County, Connecticut

Litchfield County, Connecticut had a population that was estimated at 190,071 for the year 2005. The total population has increased, from the population in the year 2000 of 182,667. This growth denotes an increase of 4.1 percent. Litchfield ranks 6 of 8 counties by growth in total population in Connecticut and the county ranks 393 of 3,141 counties when calculating the total change in county population across the US.

In 2005, the Census Bureau estimated the median age in Litchfield County, Connecticut to be 41.6 years old. The median age in Litchfield is greater than the median age in Connecticut of 39.3. Since the year 2000, the area has witnessed an increase in this median, when at that time it was 39.7 years old. With a total of 22.5 percent of the population in 2005 being comprised of children and youth younger than 18, Litchfield can be described as having a medium-low proportion of youths. The 18 to 64 years old population group has a medium-high representation within the population, making up 63.1 percent of the population within the age category. People 65 years old and older make up 14.4 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population base.

When measuring the total land area, Litchfield covers a total land area of 920 square miles. The county has a medium-high average area density of 207 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Olmsted, MN (207 per sq. mile ), Wayne, NC (207 per sq. mile ), Buchanan, MO (207 per sq. mile ), -- less densely populated -- Blount, TN (207 per sq. mile ), Hancock, IN (206 per sq. mile ), Hanover, VA (206 per sq. mile ).

Since 2000, a medium-high number of individual migrated to the Litchfield internationally. The international migration into Litchfield accounts for 1.4 percent of all immigration into Connecticut. This percent of immigration can be considered medium-high when compared to international migration per 2005 population.

Litchfield County, Connecticut has a population that is made up of 93.2 percent White, 1.2 percent African American, 1.4 percent Asian, and 3.2 percent Hispanic. The area population base can be described as having a modest level of diversity, with 5.8 percent minorities. This is less than the State of Connecticut percent of 23.2. Since 2000, Litchfield has increased the percent of minority population when 4.4 percent of the total population were minorities.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Friday, November 10, 2006

Housing Report for Litchfield County, Connecticut

In Litchfield County, the real estate market was made up of 82,375 housing units in the year 2005. This represents a growth in housing units, adding in all 2,406 residential units since 2001, or 3 percent.

The residential real estate values in Litchfield County, Connecticut have seen large increases from the housing values in 2000. The residential values have increased by $97,600, or 62.3 percent, since 2000 when they were valued at $156,600.

Litchfield County recorded median owner-occupied home value in the year 2005 of $254,200, accounted by the American Community Survey. This is less than the Connecticut 2005 home median value of $271,500 and greater than home value of $167,500 across the United States during the same year.

Litchfield County can be understood as having a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 14.6 percent residential property is valued over $500k.

There seems to be a limited amount of housing that is affordable in Litchfield County, Connecticut. In 2005, 8.5 percent of the homes were valued under $125,000.

When compared to other counties in Connecticut, Litchfield County ranks 5 of 8 by percentage growth in residential real estate. The county is positioned 1,380 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Data Source: U.S. Census Bureau

 

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