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According to population projections from the North Carolina Office of State Budget and Management, North Carolina’s population growth will be steady over the decade. The state grew by just over half a million between 2010 and 2015 and is projected to add another half million residents between 2015 and 2020. During the 1980s, North Carolina’s population growth was similarly even across the decade, but different growth patterns emerged over the next 20 years. In both…
“The US homeownership rate reached 63.4% in the second quarter of 2015, the lowest level in almost fifty years. The homeownership rate is especially low among millennials, and continues to decline each quarter. There are many factors affecting this trend – rising rents, student loans, and delayed marriages, for example – making it difficult to forecast trends in millennial homeownership… Our research suggests that affordability is the biggest barrier to homeownership, with 77% of millennials…
Fifty-six percent of North Carolina residents (5.66 million) live in one of the state’s 553 cities, towns, and villages. Although five of the state’s municipalities are among the nation’s 100 largest cities—Charlotte (17), Raleigh (42), Greensboro (68), Durham (79), and Winston-Salem (88)—most are small. Half of North Carolina municipalities have fewer than 1,620 residents; nearly one in four have fewer than 500 residents. The majority of these places cities experienced population losses or slow growth…
“In 2014, for the first time in more than 130 years, adults ages 18 to 34 were slightly more likely to be living in their parents’ home than they were to be living with a spouse or partner in their own household. This turn of events is fueled primarily by the dramatic drop in the share of young Americans who are choosing to settle down romantically before age 35. Dating back to 1880, the most…
Between 1990 and 1995, North Carolina’s population increased by more than 550,000 new residents, a growth rate of 8.3%. The numeric growth in the next decade was even greater: the state grew by 7.9% to gain an estimated 637,000 new residents between 2000 and 2005. Though North Carolina continues to grow faster than the national average, the 2015 estimates indicate that the size and rate of growth has slowed. Between 2010 and 2015, North Carolina…
Nationwide, 58.7% of U.S. residents currently live in the same state they were born in, according to 2010-2014 American Community Survey data. This ranges from a high of 78% in Louisiana to a low of 25% in Nevada. North Carolina is similar to the national average: 57.8% of North Carolina state residents were born here. Among North Carolina’s counties, the proportion NC-native ranges from less than 1 in 3 residents in both Currituck (25.5%) and…
During peak summer months, communities in the Greater Topsail Beach region, such as Surf City and North Topsail Beach, see their population increase four- or five-fold, or more, as individuals head to the coast for summer vacation. The Greater Topsail region is one of many areas of the state with strong appeal as a vacation destination. North Carolina has a higher concentration of vacation homes than the nation. In 2010, 4.4% of North Carolina housing…
“The growth of urban places historically has been fueled largely by in-migration from rural areas (including from other countries)…” – Daniel Lichter & David Brown, “Rural America in an Urban Society” Nearly half of North Carolina’s counties – 47 of 100 – had net out-migration between 2010 and 2015, meaning more people moved away than moved in. There are some clear patterns to this movement. The core counties of the state’s major metropolitan areas—such as…
By this Sunday (May 1), most college-bound high school seniors will have made a decision about where they will be this fall. For North Carolina students staying in-state, college-bound students have a choice between 15 campuses. Where do they go? Last year, 30,700 graduating high school seniors reported that they intended to enroll at one of the state’s public 4-year universities. The fall enrollment data for the UNC system indicates that there were 27,443 recent…
Educational attainment is critical to future success. For individuals, “educational attainment is a powerful predictor of well-being.” Higher levels of educational attainment are associated with higher wages, better health, and lower rates of unemployment. For communities and employers, education is vital to ensure a workforce capable of meeting future job requirements. Georgetown’s Center on Education and the Workforce predicts that 67% of North Carolina jobs will require some form of postsecondary education by 2020. Specifically:…
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