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Fayette Country, Pennsylvania, Housing Market Analysis - EERE

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14,000<br />

12,000<br />

10,000<br />

8,000<br />

6,000<br />

4,000<br />

2,000<br />

-<br />

under 5 years<br />

5 to 9 years<br />

10 to 14 years<br />

15 to 19 years<br />

20 to 24 years<br />

Figure 4-4<br />

<strong>Fayette</strong> County Population 1990 and 2000<br />

25 to 29 years<br />

30 to 34 years<br />

35 to 39 years<br />

40 to 44 years<br />

45 to 49 years<br />

50 to 54 years<br />

55 to 59 years<br />

60 to 64 years<br />

65 to 69 years<br />

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

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

70 to 74 years<br />

75 to 79 years<br />

80 to 84 years<br />

1990<br />

2000<br />

85 years and over<br />

Growth occurred in the age ranges of 40-59 years and 70 years and over.<br />

Decline occurred in the populations under 40 years old and 60-69 years.<br />

The largest increase was caused by the baby boom generation, identified<br />

here as 40-59 year olds. The elderly population also increased. The<br />

elderly increase, and the aging of the baby boom generation, both point<br />

to county residents aging in place.<br />

The decrease of children and adults under 40 can likely be attributed to<br />

residents moving out of the county for educational and/or employment<br />

opportunities, and staying away from the county through their<br />

childbearing years. The 25-34 year old age group is also the prime<br />

cohort for household formation.<br />

b. Workers and Place of Work<br />

The county’s changing work force characteristics also indicate potential<br />

housing needs. Between 1990 and 2000, <strong>Fayette</strong> County gained 9.697<br />

workers, a 20.1% increase (from 48,249 to 57,946). This increase is<br />

significantly higher than the statewide change of 3.9%.<br />

According to the 2000 Census County-to-County Worker Flow Files,<br />

57,946 workers live in the county (regardless of workplace), and 42,595<br />

workers work in the county (regardless of residence). Since 35,915<br />

workers both live and work in the county, 6,680 workers commute to the<br />

county to work, while 22,031 workers commute to other counties. This<br />

results in a net loss of 15,351 workers on a daily basis.<br />

June 2005<br />

Page 39

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