Tuesday, November 28, 2006

Demographic Profile for Madison County, New York

Madison County, New York has a population that is comprised of 95.3 percent White, 1.6 percent African American, 0.7 percent Asian, and 1.3 percent Hispanic. The area population base can be described as having a very modest level of racial and ethnic diversity, with 3.6 percent of minorities in the 2005 population base. This is less than the State of New York percent of 37.7. Since 2000, Madison has increased the level of diversity when 3.1 percent of the population were minorities.

When calculating the total land area, Madison spans a total of 656 total square miles. The area has a medium-low average population density of 107 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Floyd, KY (107 per sq. mile ), Edgecombe, NC (107 per sq. mile ), Mathews, VA (107 per sq. mile ), -- less densely populated -- Indiana, PA (107 per sq. mile ), St. Croix, WI (107 per sq. mile ), Yuba, CA (106 per sq. mile ).

The population division of the Census Bureau estimates in 2005 a median age in Madison County, New York to be 37.7 years of age. The median in Madison is greater than the median in New York of 37.5. From 2000, the area has seen an increase in the median age, when it was 36.2 years of age. With a total of 21.9 percent of the population in 2005 being comprised of children and youth younger than 18, Madison can be understood as being made up of a medium-low percent of individuals under 18. The working age population group (18-64) has a relatively high representation within the population, making up 65.4 percent of the population falling in this age category. The retirement (65 and over) group makes up 12.7 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the population.

Madison County, New York had a population of 70,337 in 2005. The total population has increased, since the population in 2000 of 69,453. This growth signifies an increase of 1.3 percent. Madison ranks 27 of 62 counties when analyzing total population change in New York and the county ranks 1,149 of 3,141 counties by growth in county population in the United States.

Estimated since the year 2000, a medium-low number of individuals have migrated to Madison internationally. The migration from outside the US into Madison totals 0 percent of immigration into the State of New York. This level of international migration can be considered medium-low when comparing levels of immigration per population in 2005.

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

Friday, November 10, 2006

Housing Report for Madison County, New York

When compared to other counties in New York, Madison County ranks 27 of 62 by percent in growth of new residential structures. The county places 2,180 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

In Madison County, the census reported 29,245 homes in 2005. The county has experienced a growth in housing units, adding a sum of 488 residential structures since 2001, a change of 1.7 percent.

The residential real estate values in Madison County, New York have small increases since the Census values accounted for in the year 2000. The values have increased by $6,400, or 7.9 percent, since 2000 when they were valued at $81,500.

According to the data, there is a large amount of housing that is affordable in Madison County, New York. In 2005, 70 percent of the homes were valued under $125,000.

Madison County had a median home value in the year 2005 of $87,900, accounted by the American Community Survey. This is less than the overall New York 2005 home median value of $258,900 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.

Madison County has a medium percentage of homes that are high in price. In 2005, the American Community Survey counted that 1.4 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

 

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