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TRANSITIONS POPULATION AND ECONOMIC TRENDS FOR COLORADO AND REGION - PowerPoint PPT Presentation

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TRANSITIONS POPULATION AND ECONOMIC TRENDS FOR COLORADO AND REGION 9 For SWCCOG Elizabeth Garner State Demography Office October 2017 Transitions to Watch Migration attracting and retaining the best and brightest. Can we continue

  1. TRANSITIONS POPULATION AND ECONOMIC TRENDS FOR COLORADO AND REGION 9 For SWCCOG Elizabeth Garner State Demography Office October 2017

  2. Transitions to Watch • Migration – attracting and retaining the best and brightest. Can we continue to do it? And, where do we put them?? • Disparate growth across the state. • Industrial transitions – retail, manuf. const. • Aging – impacts everything… including the economy. • Increase racial and ethnic diversity. • Slowing income growth • Growing and slowing population – National factors

  3. Big Picture - 2015-2016 Pop Change US – 323.1 million, + 2.2 million or .7% • • Colorado - 5,540,500 Ranked 7 th fastest 1.7% - UT, NV, ID, FL, WA, OR • 8 th absolute growth 91,700 – TX, FL, CA, WA, AZ, • NC, GA Range in Colorado • +14,000 • -50 •

  4. SDO estimates V2016

  5. 2010- 2016 Population Changes 2016 Change from 2010 to 2016 Area Population 2010 Growth Rate 5,538,200 Colorado 487,848 8.81% Archuleta 12,417 847 6.56% Dolores 1,972 -25 -1.23% La Plata 54,857 4,256 7.64% Montezuma 26,129 1,374 5.11% San Juan 696 -11 -1.58% Region 9 98,243 6,441 6.56%

  6. Region 9 Housing Change in Housing Condition 2010- 2016 San Variable Archuleta DoloresLa Plata Montezuma Juan Region 9 Total Housing Unit Change 427 8 1,487 127 14 2,063 Occupied Housing Units/Households 372 (12) 1,707 575 (6) 2,636 Vacant Housing Units 55 20 (220) (448) 20 (573)

  9. Natural Increase Region 9 Total 350 300 250 200 Archuleta Dolores 150 La Plata Montezuma 100 San Juan 50 0 -50 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

  10. Births by County 2010-16 700 600 500 I wasn’t positive about your Archuleta 400 Dolores La Plata 300 Montezuma San Juan 200 100 0 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

  11. Deaths by County 2010-16 400 350 300 250 Archuleta Dolores 200 La Plata Montezuma 150 San Juan 100 50 0 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

  13. 2010-16 Net Migration 2011 2012 2013 2014 2015 2016 Total Archuleta (112) 62 88 30 145 462 675 Dolores (36) (42) 32 (42) 1 61 (26) La Plata 128 387 768 321 646 606 2,856 Montezuma (89) (48) 178 88 240 737 1,106 San Juan (16) (2) 12 15 (23) - (14) Region 9 (125) 357 1,078 412 1,009 1,866 4,597

  14. Colorado State to State Migration 2015 State to State Migration In Out Net California Texas California Texas California Illinois Florida Arizona Wisconsin Illinois Florida Virginia Arizona Wyoming Florida ACS 2015, Census Bureau

  15. County-to-County Migration: Archuleta and Dolores Coming to Leaving Highest Net Archuleta from: Archuleta for: Migration Pima County, AZ Maricopa County, AZ Pima County, AZ Rio Arriba County, NM Jefferson Rio Arriba County, NM Arapahoe Garfield Jefferson Kay County, OK Shasta County, CA Maricopa County, AZ Upson County, GA Chaffee La Plata Coming to Leaving Highest Net Dolores from: Dolores for: Migration Montezuma County Eagle Morgan County Yavapai County, AZ Montezuma Yavapai County, AZ Morgan County Adams San Miguel County San Miguel County Cass County, MN Coconino County, AZ Coconino County, AZ Yavapai County, AZ Mesa

  16. County-to-County Migration: La Plata and Montezuma Coming to Leaving Highest Net La Plata from: La Plata for: Migration King County, WA Jackson County, OR King County, WA Maricopa County, AZ Montezuma Maricopa County, AZ El Paso Mesa Santa Fe County, NM San Juan County, NM Bernalillo County, NM Grant County, KS Denver San Juan County, NM Bannock County, ID Coming to Leaving Highest Net Montezuma from: Montezuma for: Migration La Plata Montrose La Plata Hardeman County, TX Boyd County, KY Hardeman County, TX McClain County, OK La Plata McClain County, OK San Juan County, NM Maricopa County, AZ San Juan County, NM Maricopa County, AZ Ector County, TX Albemarle County, VA

  17. County-to-County Migration: San Juan Coming to Leaving Highest Net San Juan from: San Juan for: Migration Larimer Summit Larimer Sedgwick County, KS Adams Sedgwick County, KS Cumberland County, ME Brunswick County, NC Cumberland County, ME Saguache Fresno County, CA Saguache Virginia Beach City, VA Bingham County, ID Virginia Beach City, VA

  19. New Jobs and Net Migration Region 9 Job Change and Net Migration 4,000 3,000 2,000 1,000 0 -1,000 -2,000 -3,000 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Employment Change Net Mirgration

  21. Region 9 Total Jobs 2001-16 57,000 55,000 53,000 51,000 49,000 47,000 45,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Recession Total Estimated Jobs

  22. Region 9 Jobs by Industry

  23. Region 9 Job Change from 2010

  24. Employment by County 2016 Employment and Change Since 2010 Industry Archuleta Change Dolores ChangeLa Plata Change MontezumaChangeSan JuanChange Agriculture 346 69 189 21 958 97 840 59 - - Mining 40 - 17 30 21 704 - 84 242 85 - - 2 Utilities 30 - 3 - - 146 19 89 - 11 - - Construction 703 - 25 36 - 12 3,654 858 643 - 225 20 13 Manufacturing 171 89 27 8 846 237 403 - 18 2 - 1 Wholesale trade 37 - 21 8 - 5 671 80 237 - 1 8 5 Retail Trade 910 194 70 2 3,655 195 1,576 215 45 4 Trans and warehousing 48 16 19 8 773 47 259 14 - - Information 67 - 12 3 2 484 - 17 61 - 40 - - 1 Finance activities 125 3 5 - 0 1,145 90 225 - 16 3 - 1 Real estate 445 54 14 - 2 1,322 100 333 - 22 20 12 Prof bus. services 352 - 3 24 0 2,122 178 473 - 75 32 16 Mgmt of companies 15 10 - - 61 14 38 29 - - Admin and waste 244 30 19 5 1,470 15 331 45 3 2 Education 74 28 6 6 527 132 207 154 5 - 10 Health Services 447 172 5 - 5 3,954 641 1,626 128 14 2 Arts 151 23 4 4 1,346 317 131 - 10 43 4 Accom. and food 783 75 67 26 3,387 416 1,103 187 105 13 Other services 607 49 52 - 2 1,739 72 815 120 23 4 Government 852 117 244 36 5,910 - 67 2,824 - 264 77 2 Total 6,450 850 821 112 34,873 3,339 12,456 354 399 62

  25. La Plata Commuting https://onthemap.ces.census.gov

  26. Commuting Archuleta https://onthemap.ces.census.gov

  27. Commuting in Montezuma https://onthemap.ces.census.gov

  28. Do You Know Your Age? Today? …. 10 years from now?

  29. Colorado Population by Age

  30. Archuleta County Population by Age 2017 SDO estimates V2015

  31. Dolores County Population by Age 2017 SDO estimates V2015

  32. La Plata County Population by Age 2017 SDO estimates V2015

  33. Montezuma County Population by Age SDO estimates V2015

  34. San Juan County Population by Age SDO estimates V2015

  35. Share of Population 65+ Archuleta 26.14% Dolores 23.25% CO = 13.8% La Plata 16.05% Montezuma 20.60% San Juan 23.75% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% SDO estimates V2015

  36. Total Population vs 65+ Growth 2017 - 2030 Change in 65+ Archuleta 2291 Dolores -28 La Plata 6190 50% Montezuma 2176 41% 40% San Juan 3 40% 36% Region 10632 30% 28% 30% 23% 23% 21% 20% 10% 6% 6% 2% 0% -6% -10% Archuleta Dolores La Plata Montezuma San Juan Region Total Growth 65+ Growth

  37. Why Are We Getting Old Fast? • Currently very few people over the age 65. 3 rd fastest growing ◦ 6 th lowest share of all states in US (13%) ◦ • Baby Boomers ◦ Born 1946 – 1964 ◦ 1,340,000 Boomers in Colorado (26% of pop. in 2010) • By 2030, Colorado’s population 65+ will be 125% larger than it was in 2010 growing from 555,000 to 1,243,000. (just from aging) • Transition age distribution from “young” to more US average between 2010 and 2030. State Demography Office, Census Bureau

  38. Growth in young adults Demographic due to migration Dividend AGE

  39. Aging Issues • Numbers • Economic Driver - wealthier …. depends ◦ Impact on occupational mix • Labor Force • Housing • Income – Downward Pressure • Health • Disabilities • Transportation • Public Finance – Downward Pressure

  40. Households by Age 2010 to 2050 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 18 to 24 25 to 44 45 to 64 65+ 2010-2030 2030+ State Demography Office

  42. Implications for Public Finance / Planning • Per Capita income growth will not be as rapid • Per capita taxable expenditures will likely decline Property tax collections per capita dip due to “down - • sizing” by elderly population and “Homestead Act” Tax Abatements • Increasing demand for public services due to aging population • Policy-makers must plan public finance priorities and expenditure/tax mix accordingly.

  43. Race and Ethnicity Increasing

  45. Census Bureau

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