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Fayette Country, Pennsylvania, Housing Market Analysis - EERE

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4. SOCIO-ECONOMIC TRENDS & PROJECTIONS<br />

A. Population and Household Trends<br />

<strong>Fayette</strong> County<br />

<strong>Housing</strong> <strong>Market</strong> <strong>Analysis</strong><br />

i. Population<br />

<strong>Fayette</strong> County’s population has risen and fallen repeatedly since 1900. At<br />

that time, the county population was 110,412. The county’s population<br />

reached its peak in 1940, with 200,999 residents. Since then, population<br />

decreased steadily, with the exception of increases between 1970-1980 and<br />

1990-2000. In 2000, the county population was 148,644 residents.<br />

This fluctuation in population differs from population changes in the state of<br />

<strong>Pennsylvania</strong>. The state population has always increased since 1900, with<br />

large gains in the early decades of the twentieth century and modest gains<br />

more recently. The following table highlights both the county and state<br />

population changes.<br />

Table 4-1<br />

Population 1900 – 2000<br />

<strong>Fayette</strong> County <strong>Pennsylvania</strong><br />

Year Population % Change Population % Change<br />

1900 110,412 - 6,302,115 -<br />

1910 167,449 51.7% 7,665,111 21.6%<br />

1920 188,104 12.3% 8,720,017 13.8%<br />

1930 198,542 5.5% 9,631,350 10.5%<br />

1940 200,999 1.2% 9,900,180 2.8%<br />

1950 189,899 -5.5% 10,498,012 6.0%<br />

1960 169,340 -10.8% 11,319,316 7.8%<br />

1970 154,667 -8.7% 11,800,766 4.3%<br />

1980 159,417 3.1% 11,864,720 0.5%<br />

1990 145,351 -8.8% 11,881,643 0.1%<br />

2000 148,644 2.3% 12,281,054 3.4%<br />

1900-2000<br />

change<br />

38,232 34.6% 5,978,939 94.9%<br />

Source: U.S. Bureau of the Census<br />

ii. Population by Age and Sex<br />

<strong>Fayette</strong> County’s population is growing older – as is the state as a whole.<br />

According to the 2000 Census, the median age of the county’s population is<br />

40.2 years. This figure is higher than both the state of <strong>Pennsylvania</strong> (38.0<br />

years) and the national median age (35.3 years).<br />

The following figure represents <strong>Fayette</strong> County’s population in a pyramid<br />

that delineates both age and sex. The largest age group in the county was the<br />

40-44 year olds (11,778 persons), closely followed by the 45-49 year olds<br />

(11,465 persons). These two cohorts are part of the largest “bulge” on the<br />

population pyramid. This bulge correlates to the baby boom generation<br />

(persons born between 1946 and 1964). The other large bulge occurs at the<br />

bottom of the pyramid (persons 19 years old and younger), which represents<br />

children of baby boomers, sometimes referred to as the “echo boom.”<br />

June 2005<br />

Page 23

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