Madison County vs. New York Comparative Trends Analysis: Population Growth and Change, 1969-2022 Introduction Madison County: 2022 Population = 67,097 2022 Percent of State = 0.34% New York: 2022 Population = 19,677,151 2022 Percent of U.S. = 5.90% Attracting and retaining people to live, work, raise a family, and retire underlies the economic vitality of any region. Population growth is both a cause--and a consequence--of economic growth. Patterns of population growth and change reflect differences among regions to attract and retain people both as producers and consumers in their economy. The following graphs offer a broad overview of trends in the pattern of population growth and change of Madison County with comparisons to New York and the nation at large. This analysis features alternative approaches toward discussing, diagnosing and comparing Madison County vs. New York's population growth over 1969-2022. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. Population, 1969-2022 Figure 1. Figure 1 tracks Madison County's annual population for the period 1969-2022 to illustrate population patterns over time. During this 54-year period, Madison County's population rose from 62,232 in 1969 to 67,097 in 2022, for a net gain of 4,865, or 7.82%. NOTE: The county and state population totals reported by the Bureau of Economic Analysis (BEA) are from the Bureau of Census midyear (July 1) estimates. These estimates may differ from those prepared independently in some states by various agencies and/or universities. Population, 1969-2022 Figure 2. Figure 2 tracks New York's annual population for the period 1969-2022 to illustrate population patterns over time. During this 54-year period, New York's population rose from 18,105,000 in 1969 to 19,677,151 in 2022, for a net gain of 1,572,151, or 8.68%. NOTE: The county and state population totals reported by the Bureau of Economic Analysis (BEA) are from the Bureau of Census midyear (July 1) estimates. These estimates may differ from those prepared independently in some states by various agencies and/or universities. Population Indices (1969=100): 1969-2022 Figure 3. Figure 3 shows Madison County's population growth in a broader context by offering direct comparisons across time with New York, the United States. The growth indices shown here express each region's population in 1969 as a base figure of 100, and the populations in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in population growth between regions that may differ vastly in size. Madison County's overall population growth was 7.82% over 1969-2022 trailed New York's increase of 8.68%, and fell below the United States' increase of 65.57%. Figure 4. Another interesting and insightful way of highlighting the population growth of Madison County is to trace its individual percentage contributions to New York's statewide population over time, as shown in Figure 4. A rising share means a region's population grew faster, or declined less, than New York's population, while a declining share shows it grew more slowly. In 1969, Madison County's population totaled 0.34% of New York's population, while in 2022 it comprised 0.34% thereby yielding a 0.00% share-shift.
Madison County Population: Annual Percent Change, 1970-2022 Figure 5. Figure 5 shows the short-run pattern of Madison County's population growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average. On average, Madison County's population grew at an annual rate of 0.14% over 1970-2022. The county recorded its highest growth in 1990 (1.41%) and recorded its lowest growth in 1980 (-1.39%). In 2022, Madison County's population declined by -0.45% Madison County Population: Annual Percent Change and Decade Averages Over 1970-2022 Figure 6. Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again depicts the annual percent change in Madison County's population since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022. During the 1970s, Madison County's annual population growth rate averaged 0.62%. It averaged 0.32% during the 1980s, 0.17% in the 1990s, 0.51% in the 2000s, -0.64% during the 2010s, -0.73% thus far this decade (2020-2022). Population Growth: Average Annual Percent Change by Decade Figure 7. Figure 7 compares the decade average growth rates for Madison County noted in the previous graph with the corresponding decade averages for New York and the nation. As the chart reveals, Madison County's average annual population growth surpassed New York's average throughout the 1970s (0.62% vs. -0.26%), surpassed New York's average in the 1980s (0.32% vs. 0.20%), lagged New York's average during the 1990s (0.17% vs. 0.49%), recorded above New York's average throughout the 2000s (0.51% vs. 0.22%), recorded under New York's average during the 2010s (-0.64% vs. 0.46%), and exceeded New York's average over the 3 year period of the current decade, 2020-2022 (-0.73% vs. -0.91%). Finally, relative to nationwide population growth trends, Madison County fell under the nation in the 1970s (0.62% vs. 1.10%), lagged the nation in the 1980s (0.32% vs. 0.95%), trailed the nation in the 1990s (0.17% vs. 1.23%), lagged the nation during the 2000s (0.51% vs. 0.95%), recorded underneath the nation during the 2010s (-0.64% vs. 0.74%), and trailed the nation over 2020-2022 (-0.73% vs. 0.31%).
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