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Louisville by the Numbers Recent Trends in Population, Households, and Housing Sales and Marketing Council Home Builders Association of Louisville Michael.

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Presentation on theme: "Louisville by the Numbers Recent Trends in Population, Households, and Housing Sales and Marketing Council Home Builders Association of Louisville Michael."— Presentation transcript:

1 Louisville by the Numbers Recent Trends in Population, Households, and Housing Sales and Marketing Council Home Builders Association of Louisville Michael Price Kentucky State Data Center University of Louisville Louisville, Kentucky June 14, 2012

2 Source: William H. Frey New Sunbelt Melting Pot Heartland States America’s New Regions

3 The New Sunbelt Melting Pot America The Heartland Diversity states Slow growth states Migration growth states America’s New Demographic Regions

4 Source: William Frey. Colorado Georgia ImmigrationDomestic MigrationNatural Increase New Sunbelt New Sunbelt: Examples

5 Source: William Frey. California New York ImmigrationDomestic MigrationNatural Increase Melting Pot: Examples Melting Pot

6 Source: William Frey & Michael Price Pennsylvania ImmigrationDomestic MigrationNatural Increase Heartland: Examples Heartland Kentucky

7 Kentucky 2010 Census Results Number Change in Population by County State population count change: 297,598

8 Largest growing counties  Jefferson (47,492)  Fayette (35,291)  Boone (32,820)  Warren (21,270)  Oldham (14,138)

9 Fastest growing counties  Spencer (45%)  Scott (43%)  Boone (38%)  Oldham (31%)

10 On the downside  36 counties lost population.  27 counties grew by less than 4%.  88 counties grew slower than the state.

11 Biggest Losers  Harlan (-3,924)  Pike (-3,712)  Floyd (-2,990)  Clay (-2,826)

12 Fastest Losers  Breathitt (-14%)  Fulton (-12%)  Harlan (-12%)  Clay (-12%)

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14 Total Population Distribution 2010

15 Population Growth

16 Population Growth in Kentucky Metro Areas Percent Change

17 Population Growth in Kentucky Metro Areas

18

19 Jefferson (47,138) Oldham (14,138) Bullitt (13,083) Spencer (5,295) Trimble (684) Clark (13,851) Harrison (5,039) Meade (2,253) Shelby (8,737) Henry (356) Washington (1,039) Nelson (5,960) Floyd (3,755) Louisville MSA Population Growth (121,682)

20 Louisville/Jefferson 741,096 Nelson 43,437 Oldham 60,316 Bullitt 74,319 Floyd 74,578 Clark 110,323 Henry Spencer Washington 28,262 Meade 28,608 Harrison 39,364 Shelby 42,074 Trimble 17,061 15,416 8,809 Louisville MSA Total Population ,283,557

21 Percent Change in Population

22 Louisville MSA Counties Percent Change in Population

23 Louisville MSA Counties Population Growth

24 Annual Rates of Population Growth Percent Change Louisville MSA Louisville/Jefferson County United States Preliminary estimates by Michael Price

25 Louisville/Jefferson County Components of Population Growth Natural Increase Net International Migration Net Domestic Migration Preliminary estimates by Michael Price

26 Population (in households) Households Housing Units Household Size Occupancy-Vacancy

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28 Louisville/Jefferson County Source: U.S. Census Bureau, Decennial Census and 2009 American Community Survey. Household Population Households Housing Units

29 Louisville/Jefferson County Decennial Growth Rates 1960’s 1970’s 1980’s 1990’s 2000’s

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31 Louisville/Jefferson County Vacant Housing Percent of total housing units not occupied American Community Survey 2010 Census

32 Total Population Growth

33 Percent Change in Total Population

34 Louisville Vacant Housing 2000

35 Louisville Vacant Housing 2010

36 Louisville/Jefferson County Percent Owner-Occupied Households

37 White, not Hispanic *Race categories exclude Hispanics. Louisville/Jefferson County Population growth by race and Hispanic origin

38 White, not Hispanic *Race categories exclude Hispanics. Louisville/Jefferson County Percent change in population by race and Hispanic origin %

39 From 2000 to 2010, Jefferson County population grew by 47, % of state total population growth 57% of state Black population growth 35% of state Asian population growth 28% of state Hispanic population growth

40 Black Population Growth

41 Percent Change in Black Population

42 Louisville/Jefferson County Black – White Segregation Index

43 Median Family Income 2000

44 Median Family Income 2005/2009

45 Change in Median Family Income 2000 – 2005/2009 Actual dollars (no adjustment for inflation )

46 Median value of owner-occupied housing 2005/2009

47 Change in median house value 2000 – 2005/2009 Change in actual dollars (no adjustment for inflations)

48 December, 2010: 586,000 peak: 628,000 drop in last recession of 4.5% ….but note that employment took 3 years to turn up after last downturn drop of 7.0% Source: Dr. Paul Coomes

49 MSA Total Employment Growth Percent Change U.S. Bureau of Labor Statistics

50 MSA Total Employment Growth 2007 – June 2010 (P) Percent Change U.S. Bureau of Labor Statistics

51 MSA Total Employment Growth 2001 – June 2010 (P) Percent Change U.S. Bureau of Labor Statistics


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