Orange County NC Website
Population Growth Projectiolis <br />Population t Aow growth Projections i were <br />s created for th <br />that the each area's 2000 o 20091annual ten-mile radii <br />average growth rate would continue to apply through the year 2029. Based on these roxims the <br />two -mile radius would continue to slowly decrease in population, and would lose approximately <br />140 residents u 2029. The approximately 2 400 Land 24,500y residents by 2029, respectively- High <br />increase in population of app' growth rate for the Tri- <br />growth estimates were derived by applying the e). B average population <br />300, and 36,000 residents <br />County region (Alanance, Durham, and Orange). Based on this higher rate, the hvo -, five -, an <br />ten -mile radii would increase in population by a total of nearly 2,700, 8, <br />respectively, or at a rate of 1.8 percent annually. <br />summary <br />Overall demographic trends <br />e pro orlon of older aresidentts; a comparatively low experiencing ed n inccome; a <br />population decline; a - growing a P <br />large share of African - American residents; lower than average educational attainment; a relatively <br />high residential vacancy rate; lower home ownership rates; and an older than average housing <br />than average une <br />stock. At the county -level, tine area is experiencing lower mployment, but this <br />may be influenced by tine inclusion of other nearby towns such as Chapel Hill in the county -level <br />figures. <br />20 <br />