Demographics, economic development, and the workforce

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Presentation transcript:

Demographics, economic development, and the workforce Casey Anderson, Chair Montgomery County Planning Board (M-NCPPC) 8/23/2019

Demographic Diversity Race & Hispanic origin percent of population (2013) 8/23/2019

Incomes are high – Median Income: $98,326 Source: 2013 American Community Survey, 1 year estimate, U.S. Census Bureau 8/23/2019

-- but unevenly distributed 2012 Median HH Income: Not Hispanic White $117,707 Asian $100,639 County $94,965 Black or African Am. $67,814 Hispanic $63,660 Source: U.S. Census Bureau, 2012 American Community Survey 8/23/2019

Montgomery County Public Schools, Free and Reduced-price Meals System (FARMS) Source: US Census Bureau, Census 2000 and Annual County Resident Population Estimate, April 1, 2010 to July 1, 2012. Tabulated by Montgomery County M-NCPPC, Research and Special Projects. 8/23/2019

Education levels are high – 8/23/2019

-- but vary widely by race and ethnicity. Percent of Population Age 25+ Source: U.S. Census Bureau, 2012 American Community Survey 8/23/2019

2013 Median Earnings by Education Source: 2013 American Community Survey, 1 year estimate, U.S. Census Bureau 8/23/2019

Achievement gap is geographic as well as racial/ethnic “Red zone” and “green zone” OLO Report – April 2014 – again documented achievement gap in high poverty consortia schools in East County (and high poverty non-consortia school in other areas) vs. rest of MCPS 8/23/2019

8/23/2019

Share of the Population by Age, 2000 and July 2012 Source: US Census Bureau, Census 2000 and Annual County Resident Population Estimate, April 1, 2010 to July 1, 2012. Tabulated by Montgomery County M-NCPPC, Research and Special Projects. 8/23/2019

Major Job Sectors Percent Share of Total Jobs To note: -Montgomery County has a smaller base of jobs than FF -479,000 jobs in MC in 2012 is ¾ of Fairfax’s job base (655,500); by 2032 MC is going to be 77% of Fairfax’s job base. -GMU is forecasting – Montgomery County’s rate of job growth is faster than Fairfax; job growth between 2012- 2032, MC 27% increase versus FX 20%. -We are gaining almost as many jobs in next 20 years as Fairfax; 129,600 vs. 134,000 -The next ten years will be where our immediate gains will occur 2012-2022 73,600 vs. 72,500 -This chart shows the top four sectors by size and combines all of the other sectors Sources: HIS Global Insight, U.S. Bureau of Labor Statistics; GMU Center for Regional Analysis 8/23/2019