Monday, November 27, 2006

Demographic Profile for New London County, Connecticut

New London County, Connecticut had a population that was estimated at 266,618 for the year 2005. The total population has increased, since its 2000 population of 259,481. This growth shows an increase of 2.8 percent. New London ranks 7 of 8 counties in terms of population growth in Connecticut and the county ranks 407 of 3,141 counties when analyzing total county population change across the nation.

The population division of the Census Bureau estimates in 2005 a median age in New London County, Connecticut to be 38.4 years old. The median age in New London is less than the median age for the State of Connecticut of 39.3. Since the year 2000, the area has seen an increase in the median age, at that time the median was 37.0 years old. With 23.3 percent of the population in the year 2005 being made up of individuals less than 18 years old, New London can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high representation within the population, making up 63.6 percent of the population within the age category. People 65 years old and older make up 13.1 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population base.

Estimated since the year 2000, a medium-high amount of people have migrated to New London internationally. The international migration into New London makes up 3 percent of all immigration into Connecticut. This amount of international migration is medium-high when compared to international migration per 2005 population.

New London County, Connecticut has a population that is made of 82.6 percent White, 5.3 percent African American, 3.1 percent Asian, and 6.1 percent Hispanic. The area can be described as having a modest level of diversity, with 14.5 percent of minorities in the 2005 population base. This is less than the State of Connecticut percent of 23.2. Since 2000, New London has increased the percent of minority makeup when 12.3 percent of the total population were minorities.

When measuring the total land area, New London extends a total area of 666 square miles. The land areas has a medium-high average area density of 400 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Johnson, IN (401 per sq. mile ), James City, VA (402 per sq. mile ), Cumberland, PA (405 per sq. mile ), -- less densely populated -- Medina, OH (396 per sq. mile ), Maricopa, AZ (395 per sq. mile ), St. Clair, IL (392 per sq. mile ).

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

Friday, November 10, 2006

Housing Report for New London County, Connecticut

New London County had an owner-occupied dwelling median in 2005 of $237,400, according to the American Community Survey. This median is less than the overall Connecticut 2005 home median value of $271,500 and greater than median home value of $167,500 across the United States during the same year.

In New London County, the real estate market was made up of 114,805 homes in 2005. The county has experienced a growth in housing units, adding a total of 3,396 residential structures since 2001, a change of 3 percent.

The residential housing values in New London County, Connecticut have seen large increases from the real estate values reported in 2000. The valuations have increased by $95,200, or 66.9 percent, from when in 2000 they were valued at $142,200.

In the State of Connecticut, New London County stands 4 of 8 in terms of percentage growth in new housing structures. The county ranks 1,365 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

New London County has a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey accounted that 10.4 percent of the houses are valued over a half a million dollars.

There is a limited amount of housing that is affordable in New London County, Connecticut. In 2005, 9.6 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

 

About - © 2007 Ecanned.com  - Contact