Real Estate Market Analysis
Table of Contents
Market Analysis
Forecast Population Growth to 2025 2
Housing Affordability, Average Sales Price and Growth 4
Housing Characteristics 6
Society and Ambiance 6
The age distribution 7
Types of households 8
Educational attainment 9
Economic Outlook 10
Unemployment Rates & Employment growth 10
Household income 11
Capital Improvement Program 12
Market Analysis
1. Forecast Population Growth to 2025
Collin County is one of about 3,141 counties and county equivalents in the United States. It has 847.6 sq. miles in land area and a population density of 704.5 per square mile.
Growth in population and employment is a primary reason for increased congestion in the Nation's metropolitan areas. The Country has grown in population and employment in recent years, and will most likely continue doing so. The 2000 Census revealed 281 million people living in the United States, which represents a 13.2 percent increase since 1990.
Some regions of the Country have experienced higher growth rates than others. In recent years, the U.S. population has undergone redistribution from the northeast and mid-west to the southern and western regions of the Country. The 2000 Census revealed a dramatic increase in Hispanic population of 57.9 percent from 1990 to 2000, compared to 13.2 percent for the total U.S. population. More than 75 percent of the Hispanic population lives in the west and south, this may account for Texas
Market Analysis
Forecast Population Growth to 2025 2
Housing Affordability, Average Sales Price and Growth 4
Housing Characteristics 6
Society and Ambiance 6
The age distribution 7
Types of households 8
Educational attainment 9
Economic Outlook 10
Unemployment Rates & Employment growth 10
Household income 11
Capital Improvement Program 12
Market Analysis
1. Forecast Population Growth to 2025
Collin County is one of about 3,141 counties and county equivalents in the United States. It has 847.6 sq. miles in land area and a population density of 704.5 per square mile.
Growth in population and employment is a primary reason for increased congestion in the Nation's metropolitan areas. The Country has grown in population and employment in recent years, and will most likely continue doing so. The 2000 Census revealed 281 million people living in the United States, which represents a 13.2 percent increase since 1990.
Some regions of the Country have experienced higher growth rates than others. In recent years, the U.S. population has undergone redistribution from the northeast and mid-west to the southern and western regions of the Country. The 2000 Census revealed a dramatic increase in Hispanic population of 57.9 percent from 1990 to 2000, compared to 13.2 percent for the total U.S. population. More than 75 percent of the Hispanic population lives in the west and south, this may account for Texas