Tuesday, November 28, 2006

Demographic Profile for Madison County, North Carolina

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Madison County, North Carolina to be 39.8 years of age. The median age in Madison is greater than the median age for the State of North Carolina of 36.2. Since the year 2000, the area has seen an increase in the median age, at that time the median was 39.5 years of age. With a total of 20.9 percent of the population in 2005 being comprised of children and youth younger than 18, Madison can be described as having a medium-low proportion of youths. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 62.5 percent of the population makes up this age category. The retirement (65 and over) age group comprises 16.6 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-high percent of the population base.

Madison County, North Carolina had a total estimated population of 20,256 for the year 2005. The total population has increased, since the 2000 total population of 19,701. This growth signifies an increase of 2.8 percent. Madison ranks 72 of 100 counties in terms of population growth in North Carolina and the county ranks 1,364 of 3,141 counties in terms of population growth in the United States.

In terms of total land area, Madison spans a total area of 449 total square miles. The area has a low average population density of 45 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Buffalo, NE (45 per sq. mile ), Laclede, MO (45 per sq. mile ), Freeborn, MN (45 per sq. mile ), -- less densely populated -- Lewis, WV (45 per sq. mile ), Hardin, TN (45 per sq. mile ), Crawford, IL (45 per sq. mile ).

From 2000, a medium-low number of individual migrated to the Madison internationally. The migration from outside the US into Madison makes up 0 percent of all immigration into North Carolina. This percent of international migration is medium-low when comparing levels of immigration per population in 2005.

Madison County, North Carolina has a population that is comprised of 96.4 percent White, 1 percent African American, 0.4 percent Asian, and 1.6 percent Hispanic. The area can be described as having a very modest level of diversity in terms of race and ethnicity, with 3.0 percent of the population being minorities. This is less than the State of North Carolina percent of 29.6. Since 2000, Madison has increased in diversity when 2.6 percent of the population was made up of minorities.

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

Friday, November 10, 2006

Housing Report for Madison County, North Carolina

Madison County recorded a median home value in 2000 of $94,600, reported by the Decennial Census. This home value is less than the overall State of North Carolina 2000 median home value of $108,300 and less than median home value of $119,600 across the nation during that year.

When compared to other counties in North Carolina, Madison County is positioned 56 of 100 in terms of percentage growth in new housing structures. The county ranks 890 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Madison County has a small, but present percentage of high-priced residential real estate. In 2000, the Decennial Census reports that 0.7 percent owner-occupied dwelling are valued over a half a million dollars.

There is a large amount of housing that is affordable in Madison County, North Carolina. In 2000, 71.1 percent of residential real estate was valued under $125,000.

In Madison County, the real estate market was made up of 10,453 homes in the year 2005. This county has gone through a growth in housing units, adding in all 478 residential structures since 2001, a change of 4.8 percent.



Data Source: U.S. Census Bureau

 

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