Socioeconomic Trend Analysis

Reno, NV February 2, 2007 1

Population Density

Source: Wikipedia Encyclopedia 2

Western States Population Density, 2000 California Hawaii Washington U.S. Average Arizona Colorado Oregon Utah Nevada Idaho New Mexico Montana Wyoming Alaska Census Rank 12 13 25 36 37 39 41 43 44 45 48 49 50 Population Per Sq. Mile 217.1

188.6

88.6

80.7

45.2

41.5

35.6

27.2

18.2

15.6

15.0

6.2

5.1

1.1

Source: Wikipedia Encyclopedia 3

Nevada

Source: Bureau of Labor Statistics 4

Nevada Metropolitan and Micropolitan Key Demographic Statistics, 2006

Population Households Families Ave. HH Size Median Age Median Income Ave. Income PC Income Metropolitan Micropolitan Sub-Total/ Average State Total/Ave Percent Of Total 2,314,540 870,990 568,659 2.63

36.2

$55,499 $72,294 $27,514 211,399 80,616 57,557 2.60

40.0

$52,200 $64,922 $25,020 2,525,939 951,606 626,216 2.62

36.5

$55,191 $71,659 $27,302 2,575,444 969,577 638,468 2.62

36.5

$55,061 $71,392 $27,210 98.1% 98.1% 98.1% 100.0% 100.0% 100.2% 100.4% 100.3%

Source: U.S. Census Bureau 5

Outline

 Why data is important in assessing a community?  What types of data are available and where to locate?

 How can data be analyzed to better understand my community?

 How can data and results be presented to targeted audiences?

 Pacific Northwest Regional Economic Analysis Project 6

Why data is important in assessing my community?

Why Social and Economic Data is Important     Data is powerful!

Can provide an excellent quantitative snapshot of a community   Single time period (2000 census) Multiple time periods (1990 census and 2000 census) Using both quantitative and qualitative data can better explain cause and effect relationships Excellent educational tool for community leaders and broad community audiences 7

Types of Data Available

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Types of Data Available

Types of Data

 Primary Data    Collected at the source Answers a research question Examples – needs assessment, community and policy issues  Secondary Data  Collected and published by a third party  Provides a context for better understanding a community and issues 9

Types of Data Available

Levels of Data

 National  Regional   Multi-state Multi-county  Local   County City/Zip Code  Census tract 10

 Federal Types of Data Available

Common Sources of Data

 State  Local  Private 11

Types of Data Available

Types of Data and Where to Locate

 Demographic (basic social characteristics)  Employment (resident vs. commuter)  Occupation (employment & unemployment)  Income (payroll, transfer payments, etc..)  Trade (output, I-O, business characteristics) 12

Types of Data Available Types of Data and Where to Locate (cont.)  Prices (cost of living, consumer expenditures)  Economic Assets (debt finance, research, education, infrastructure)  Quality of Life (housing, environ, etc…)  Industry (industrial sectors)  Firms (profit & nonprofit) 13

Using Data for Community Assessment

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Using Data for Assessment

Questions Often Asked

     What does population tell us about our county/community?

What are the current employment conditions in our community?

What part of our local economy is growing or not growing?

How does our local economy compare to other nearby economies?

What are the current economic indicators for the community or region and how can this be used to identify opportunities?

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Using Data for Assessment Key Points to Consider when Conducting Demographic and Economic Analysis     No “single number” represents the local economy.

Make comparisons between other communities/counties.

Examine change over time.

A “reality check” is essential. Always be willing to use data that is provided by a reliable source.

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Presentation

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Data & Analysis Presentation

Basic Community/County Profile

 Provides a basic overview of important demographic and economic indicators.

 Data can be presented in a series of tables and/or charts.

 Example – Lincoln County Nevada Fact Sheet 18

Data & Analysis Presentation

Basic Methods

 Absolute Change (two or more points)  Percent Change (two or more points)  Index Change (comparison to a base year)  Percent Distribution 19

Data & Analysis Presentation

Population Trends

2002 1995 1985 +/ % Change 85-02 Lincoln Nye 3,879 35,039 3,951 23,882 3,780 14,570 +99 +20,469 +2.6% +140.5% White Pine Nevada 8,863 9,609 7,710 +1,153 +15.0% 2,206,022 1,611,593 955,810 +1,250,212 +130.8% 20

40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0

Data & Analysis Presentation

Data Presentation Examples

Population (Absolute) Population (Index) 250 1985 1995 2002 200 150 100 1985 1995 2002 Lincoln Nye White Pine Lincoln White Pine Nye Nevada

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Data & Analysis Presentation Employment Trends by Major Economic Sector Lincoln County Farm TPU Retail Trade Service Government Other

Total 2000

148 64 325 653 602 225

2,017 1990

175 88 252 1,205 537 163

2,420 2000 Percent

7.3

3.2

16.1

32.4

29.9

11.2

100.0

1990 Percent

7.3

3.6

10.4

% Change 90-00

-15.4% -27.3% +29.0% 49.8

22.2

6.7

100.0

-45.8% +12.1% +38.0%

-16.6%

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2,500

Data & Analysis Presentation

Data Presentation Examples

Employment (Absolute) Employment (% Change) 2,000 1,500 1,000 500 0 1990 2000 Farm Retail Trade Government Total TPU Service Other -50.00% -25.00% 0.00% Farm Retail Trade Government Total 25.00% 50.00% TPU Service Other

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49.8%

Data & Analysis Presentation

Data Presentation Examples

Employment 1990 Employment 2000 22.2% 29.8% 6.7% 7.2% 3.6% 10.4% 32.4% 11.2% 7.3% 3.2% 16.1% Farm Retail Trade Government TPU Service Other Farm Retail Trade Government TPU Service Other

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Pacific Northwest Regional Economic Analysis Project

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