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Commercial Real Estate in Macon, GA

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Larry E. Crumbley, CCIM, CPM, SIOR, CRE



Larry Crumbley is a certified Real Estate Broker, with accredidations from Realtor, CCIM, SIOR, CRE, and AMO

Executive Demographic Summary

Macon, GA MSA

Date: Jan. 23, 2006


Population

       The current year population in this selected geography is 343,886. The 2000 Census revealed a population of 322,567, and in 1990 it was 290,921 representing a 10.88% change. It is estimated that the population in this area will be 364,342 in 2010, representing a change of 5.95% from 2005. The current population is 47.45% male and 52.55% female. In 2005, the median age of the population in this area was 34.7, compared to the US median age which was 36.3. The population density in your area is 222.6 people per square mile.

 

Households

       There are currently 129,769 households in this selected geography. The Census revealed household counts of 121,510 in 2000, up from 106,479 in 1990, representing a change of 14.12%.  It is estimated that the number of households in this area will be 138,862 in 2010, representing a change of 7.01% from the current year. For the current year, the average household size in this area is 2.65 persons.

       In 2005, the median number of years in residence in this geography's population is 3.59. The average household size in this geography was 2.56 people and the average family size was 3.12 people. The average number of vehicles per household in this geography was 1.8.


Income

       In 2005, the median household income in this selected geography was $42,968, compared to the US median which was $46,338. The Census revealed median household incomes of $38,692 in 2000 and $28,010 in 1990 representing a change of 38.14%. It is estimated that the median household income in this area will be $48,548 in 2010, which would represent a change of 12.99% from the current year.

       In 2005, the per capita income in this area was $21,367, compared to the US per capita, which was $24,385. The 2005 average household income for this area was $55,281, compared to the US average which was $64,443.


Race & Ethnicity

       In 2005, the racial makeup of this selected area was as follows:   59.27% White;  37.39% Black;  0.25% Native American;  1.22% Asian/Pacific Islander;  and 0.73% Other. Compare these to the US racial makeup which was: 75.69% White, 12.15% Black, 0.83% Native American, 4.29% Asian/Pacific Islander and 4.59% Other.

       People of Hispanic ethnicity are counted independently of race. People of Hispanic origin make up 2.10% of the current year population in this selected area. Compare this to the US makeup of 14.45%. Changes in the population within each race and ethnicity category from the 1990 Census to the 2000 Census are as follows:   35.9% American Indian, Eskimo, Aleut Population;   93.0% Asian, Pacific Islander;   19.0% Black;   131.5% Hispanic Ethnicity;   159.2% Other;   White   2.9%.


Housing

       The median housing value in this area was $59,078 in 1990, compare this to the US median of $78,382 for the same year. The 2000 Census median housing value was $85,987, which is a 45.5% change from 1990. In 1990, there were 67,243 owner occupied housing units in this area vs. 121,510 in 2000. Also in 1990, there were 39,243 renter occupied housing units in this area vs. 42,029 in 2000. The average rent in 1990 was $267 vs. $391 in 2000.


Employment

       In 2005, there were 165,857 people over the age of 16 in the labor force in your geography. Of these 91.51% were employed, 4.14% were unemployed, 36.00% were not in the labor force and 2.66% were in the armed forces. In 1990, unemployment in this area was 4.17% and in 2000 it was 4.13%.

       In 2005, there were 158,712 employees in this selected area (daytime population) and there were 12,224 establishments.

For this area in 1990, 56.40% of employees were employed in white-collar occupations and 43.60% were employed in blue-collar occupations. In 2000, white collar workers made up 58.26% of the population, and those employed in blue collar occupations made up 41.74%.  In 1990, the average time traveled to work was 11 minutes and in 2000 it was 20 minutes.



Current year data is for the year 2005, 5 year projected data is for the year 2010.
Demographic data © 2005 by Experian/Applied Geographic Solutions.
Crime data © 2005 by Experian/Applied Geographic Solutions.
The retail centers data used in this site is licensed by National Research Bureau (NRB).
Traffic Count data © 2005 by GDT.
Properties data © 2005 by Property & Portfolio Research (PPR) Inc. and Dodge Pipeline All rights reserved.

The information presented herein, while not guaranteed, was obtained from sources we believe to be reliable.
Neither STDB, Inc. nor the CCIM Institute assumes any liability for errors or omissions.

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