Wednesday, November 29, 2006

Demographic Profile for Oldham County, Texas

From 2000, a medium-high number of individuals have migrated to Oldham internationally. The migration from outside the US into Oldham totals 0 percent of the total international migration into the State of Texas. This amount of international migration is medium-high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Oldham County, Texas had a population of 2,118 for the year 2005. The total population has decreased, from the population in the year 2000 of 2,194. The decline denotes a decrease of -3.5 percent. Oldham ranks 175 of 254 counties when calculating total change in population for Texas and the county ranks 2,083 of 3,141 counties by growth in county population in the United States.

Oldham County, Texas has a population base that is comprised of 82.7 percent White, 2.8 percent African American, 0.5 percent Asian, and 12.6 percent Hispanic. The area can be described as having a high amount of racial and ethnic diversity, with 15.9 percent of the population made up of minorities. This is less than the State of Texas percent of 49.5. Since 2000, Oldham has increased the level of diversity when 13.5 percent of the population were minorities.

When measuring the total land area, Oldham covers a total land area of 1501 square miles. This area has a very low average area density of 1 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- White Pine, NV (1 per sq. mile ), Cherry, NE (1 per sq. mile ), Hooker, NE (1 per sq. mile ), -- less densely populated -- Union, NM (1 per sq. mile ), Wayne, UT (1 per sq. mile ), Golden Valley, MT (1 per sq. mile ).

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Oldham County, Texas to be 33.9 years of age. The median age in Oldham is greater than the median age for the State of Texas of 33.2. Since 2000, the area has experienced an increase in the median, when the median age was 32.9 years of age. With a total of 33.3 percent of the population in the year 2005 being made up of individuals less than 18 years old, Oldham can be understood as having a relatively high percent of individuals under 18. The working age population group (18-64) has a relatively low representation within the estimated 2005 area population, making up 54.9 percent of the population makes up this age category. The retirement (65 and over) age group comprises 11.8 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population base.

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

Monday, November 13, 2006

Housing Report for Oldham County, Texas

In the State of Texas, Oldham County ranks 150 of 254 by percentage growth in residential real estate. The county is positioned 2,275 of 3,141, in terms of residential real estate percentage change change in the United States.

Oldham County had a median home value in the year 2000 of $50,000, accounted by the Decennial Census. This value is less than the State of Texas 2000 median home value of $82,500 and less than median owner-occupied dwelling value of $119,600 for the United States in the same year.

It can be understood that there is a large amount of affordable housing in Oldham County, Texas. In 2000, 94.1 percent of owner-occupied dwellings were valued under $125k.

In Oldham County, the real estate market was made up of 835 homes in the year 2005. This county has gone through a growth in housing units, adding all together 13 residential units since 2001, or 1.6 percent.





Data Source: U.S. Census Bureau

 

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