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BACKGROUND AND INVENTORY CHAPTER 1 <br />4. Socioeconomic Trends <br />Table 1-7: <br />Socioeconomic aspects, including population, <br />Historic and Projected Population <br />employment, and income, are evaluated for EUG’s market <br />YearPopulation <br />service area, and compared to national data, to reveal <br />Historic <br />local trends. EUG’s market service area includes Lane, <br />1997 597,721 <br />Benton, Douglas, and Linn Counties. Socioeconomic data <br />1998 601,954 <br />comes from Woods & Poole, a census information <br />1999 603,858 <br />company. <br />2000 605,090 <br />2001 606,426 <br />4.1 Population <br />2002 612,143 <br />2003 617,663 <br />Table 1-7 <br /> shows EUG’s market service area population, <br />2004 620,258 <br />both historic and projected. This population has increased <br />2005 626,936 <br />from 597,721 in 1997 to 634,421 in 2006, a 0.66% <br />2006 634,421 <br />compound annual growth rate (CAGR). The nation’s <br />Projection <br />population over this time increased at a 1.18% CAGR. <br />2011 664,400 <br />The population is projected to increase to 664,400 in <br />2016 695,914 <br />2011, to 695,914 in 2016, and to 763,553 in 2026, <br />2026 763,553 <br />representing a 0.93% CAGR. <br />CAGR 1997-2006 0.66% <br />CAGR 2006-2026 0.93% <br />4.2 Employment <br />Source: Woods & Poole <br />Table 1-8: <br />Table 1-8 <br /> shows EUG’s market service area employment, <br />Historic and Projected Employment <br />both historic and projected. This employment has <br />YearEmployment <br />increased from 335,832 in 1997 to 357,002 in 2006, a <br />0.68% CAGR. The employment is projected to increase <br />Historic <br />1997 335,832 <br />to 380,893 in 2011, to 404,663 in 2016, and to 451,897 in <br />1998 340,039 <br />2026, representing a 1.19% CAGR. Since 1997, the <br />1999 342,455 <br />unemployment rate in the State of Oregon has been one <br />2000 346,349 <br />point to two points higher than the national rate. <br />2001 342,555 <br />2002 343,518 <br />2003 342,543 <br />2004 347,377 <br />2005 352,195 <br />2006 357,002 <br />Projection <br />2011 380,893 <br />2016 404,663 <br />2026 451,897 <br />CAGR 1997-2006 0.68% <br />CAGR 2006-2026 1.19% <br />Source: Woods & Poole <br />1-19 <br />Eugene Airport Master Plan Update <br />(February 2010) <br /> <br />