Tuesday, November 28, 2006

Demographic Profile for Iredell County, North Carolina

When measuring the total land area, Iredell spans a total area of 576 square miles. The county has a medium-high average area density of 245 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Bay, MI (245 per sq. mile ), Kendall, IL (248 per sq. mile ), Coweta, GA (248 per sq. mile ), -- less densely populated -- Anderson, SC (244 per sq. mile ), Kent, DE (244 per sq. mile ), Ouachita, LA (243 per sq. mile ).

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Iredell County, North Carolina to be 36.8 years old. The median age in Iredell is greater than the median age for the State of North Carolina of 36.2. From 2000, the area has seen an increase in the median age, at that time the median was 36.6 years old. With a total of 25.2 percent of the population in the year 2005 being made up of individuals less than 18 years old, Iredell can be understood 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 62.4 percent of the population within the age category. People 65 years old and older make up 12.4 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the population.

Iredell County, North Carolina has a population that is made of 80.2 percent White, 12.6 percent African American, 1.5 percent Asian, and 4.8 percent Hispanic. This area can be considered to have a high level of racial and ethnic diversity, with 18.9 percent of the population made up of minorities. This is less than the State of North Carolina percent of 29.6. Since 2000, Iredell has increased in diversity when 18.3 percent of the population was made up of minorities.

From 2000, a high number of individuals have migrated to Iredell from another country. The international migration into Iredell totals 1.1 percent of immigration into the State of North Carolina. This level of international migration can be considered high when analyzed against immigration per population in 2005.

Iredell County, North Carolina had a total estimated population of 140,924 in the year 2005. The population has increased sharply, since the population in 2000 of 123,610. This growth represents an increase of 14 percent. Iredell ranks 10 of 100 counties by growth in total population in North Carolina and the county ranks 210 of 3,141 counties in terms of population growth in the United States.

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

Friday, November 10, 2006

Housing Report for Iredell County, North Carolina

Iredell County had an owner-occupied dwelling median in 2005 of $135,800, reported by the American Community Survey. This home value is greater than the overall North Carolina 2005 home median value of $127,600 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

In Iredell County, the census reported 62,092 homes in 2005. The county has experienced a growth in housing units, adding a total of 7,685 residential structures since 2001, a change of 14.1 percent.

When compared to other counties in North Carolina, Iredell County places 7 of 100 by percentage growth in residential real estate. The county is positioned 140 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

The owner-occupied dwellings in Iredell County, North Carolina have moderate increases from the real estate values reported in 2000. The valuations have increased by $19,700, or 17 percent, since 2000 when they were valued at $116,100.

It can be understood that there is a fair amount affordable residential real estate in Iredell County, North Carolina. In 2005, 45.1 percent of housing was valued under $125k.

Iredell County can be understood as having a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey reported that 5.4 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

 

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