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D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 [email protected] 248-645-3409 Demography or Economics? The Impact on Admissions of External Factors

D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 [email protected] 248-645-3409 [email protected] Demography

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Page 1: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

D. Scott Looney, Director of External AffairsCranbrook Schools, Bloomfield Hills, MI 48304

[email protected]

Demography or Economics?

The Impact on Admissions of External Factors

Page 2: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Enrollment:Enrollment:Public & Charter SchoolsPublic & Charter Schools

Private (Parochial)Private (Parochial)IndependentIndependent

DemographyDemographyThe EconomyThe Economy

Page 3: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Enrollment:Enrollment:Public & Charter SchoolsPublic & Charter Schools

Private (Parochial)Private (Parochial)IndependentIndependent

DemographyDemographyThe EconomyThe Economy

Page 4: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Assumptions

Demography and Economics Matter

– Probably more than good marketing and admission practices

Demographic, Economic and Socio-graphic predictions are only as good as the set of assumptions on which they are based (baby boomlet error).

Economic and Demographic trends are relational.

When the Economy and Demography are pointed in the same direction (good or bad) they are compounding.

It will get either better or worse, eventually…both economic and demographic trends are cyclical…

– (but only somewhat predicable).

Page 5: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

More Assumptions

All Demography that matters is local…even to a large extent for boarding schools.

The location of a school can either insulate it from negative impacts of national demographic and economic downturns, or intensify the effects.

Schools which may feel isolated from national demographic or economic trends, can still be indirectly affected by the Government’s reaction to the trends.

Demographic research is essential, and not necessarily difficult or expensive.

Page 6: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Independent Independent EnrollmentEnrollment

Private (Parochial)Private (Parochial) EnrollmentEnrollmentPublic EnrollmentPublic Enrollment

Charter Charter Schools?Schools?

Questions for Another Day…Questions for Another Day…

Impact of Growth of other Types of Schools…?

Page 7: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Growth in Charter Schools

0

200

400

600

800

1000

1200

1400

1991 1992 1993 1994 1995 1996 1997 1998 1999

Center for Education Reform

Page 8: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Economy or Demography?

Which has the greater impact on enrollment growth: the economy or demographics?

Page 9: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Z - Scores

A “Z – Score” is a score that is converted to a common scale where scores from sets of data with different units can be compared.

Z = (Raw Score – Mean of Group Scores)

Standard Deviation

In other words…what is the ratio of the difference in this specific score from the group mean (average) to the standard deviation of this group.

Z-score education and explanation courtesy of Tom White, SSATB

Page 10: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

-2

-1.5

-1

-0.5

0

0.5

1

1.5

2

1 2 3 4 5 6 7 8 9 10

Z scores

0

2

4

6

8

10

12

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

Chron.

NumbersNumbers1 through 101 through 10Graphed Graphed ChronologicallyChronologically

NumbersNumbers1 through 101 through 10Converted toConverted to Z scoresZ scores

Page 11: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Z Scores (Raw Score – Mean) / Standard Deviation

Private, Public, NAIS Enrollment (3 –17 yrs), K to 12th , SSAT Test Takers and GDP

-2.5

-2

-1.5

-1

-0.5

0

0.5

1

1.5

2

2.5

3

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Population Public z Private z NAIS zSSAT Cranbrook GDP Per Cap Income

Page 12: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

-2

-1

0

1

2

3

Population Public K-12 Private K-12 NAIS

SSAT Cranbrook GDP Income

National Center for Education Statistics 2001

Z Scores (Raw Score – Mean) / Standard Deviation

Private, Public, NAIS Enrollment (3 –17 yrs), K to 12th , SSAT Test Takers and GDP

Page 13: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Public, Private and NAIS Enrollments 1986-1999

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

Public 9-12 Private 9-12 NAIS 9-12

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

19901990

Page 14: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Private and NAIS Enrollments 1986-1999

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

Private 9-12 NAIS 9-12

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

19901990 19931993

Page 15: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

NAIS Enrollments 1986-1999

105000

110000

115000

120000

125000

130000

135000

140000

NAIS 9-12

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

1989 & 19901989 & 1990

Page 16: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

K- 12th Public, Private, NAIS Core School Enrollment, SSAT Test Takers, GDP and Per Capita Income in Relation to Population of Children (Difference in Z-Scores of School Age Children, 1986 - 1999)

-1.5

-1

-0.5

0

0.5

1

1.5

2

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Public Private School Enrollment NAIS SSAT Takers Cranbrook GDP Income

SSATB, The Bureau of Economic Analysis &The National Center for Education Statistics 2001

Page 17: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

-1

-0.5

0

0.5

1

1.5

2

2.5

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Population Public Private NAIS SSAT Income

K- 12th Public, Private & NAIS Core School Enrollment, Population of School Age Children, SSAT Test Takers in Relation to Gross Domestic Product (GDP) 1986 to 1999 (Difference in Z-Scores from the Public School Enrollment)

NAIS, SSATB, The Bureau of Economic Analysis &The National Center for Education Statistics 2001

Page 18: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

9th - 12th Private School Enrollment, NAIS Core School Enrollment, SSAT Test Takers and GDP in Relation to Public School Enrollments (Difference in Z-Scores from the Public School Enrollment, 1986-1999)

-2

-1.5

-1

-0.5

0

0.5

1

1.5

2

2.5

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Private School Enrollment SSAT Takers GDP NAIS

NAIS, SSATB, The Bureau of Economic Analysis &The National Center for Education Statistics 2001

Page 19: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

-1.5

-1

-0.5

0

0.5

1

1.5

2

2.5

3

3.5

4

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Public Private SSAT NAIS

9th - 12th Public, Private & NAIS Core School Enrollment, SSAT Test Takers in Relation to Gross Domestic Product (GDP) (Difference in Z-Scores from the Gross Domestic Product – Inflation Adjusted, 1986 to 1999)

NAIS, SSATB, The Bureau of Economic Analysis &The National Center for Education Statistics 2001

Page 20: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Enrollment

Page 21: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Public vs. Private Enrollment Growth 2000-2011 (Z-scores)

-2

-1.5

-1

-0.5

0

0.5

1

1.5

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Public K-12 Private K-12

National Center for Education Statistics 2001SOURCE: U.S. Department of Education, National Center for Education Statistics, Statistics of Public Elementary and Secondary Schools; Common Core of Data surveys; Private School Universe Survey, various years; and National Elementary and Secondary Enrollment Model. (This table was prepared May 2001.)

Page 22: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Enrollment Growth N.A.I.S. vs. Public and Parochial

0

5

10

15

20

25

1 year 5 year 10 year

Public

All-Private

NAIS

NAIS Statistics 1997, Vol.1

Page 23: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

The Large get Larger, the Small get Smaller N.A.I.S. - Enrollment Growth by School Size (1987-1997)

-30

-20

-10

0

10

20

30

40

50

Under 200 201-300 301-500 501-700 Above 700

10 year5 year1 year

NAIS Statistics 1998, Vol 1.

Page 24: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

N.A.I.S. - Enrollment Growth by School Type (1989-1999)

-15

-10

-5

0

5

10

15

20

25

30

Day Day-Boarding Boarding-Day Boarding

1 year

5 year

10 year

NAIS Statistics 2000, Vol 1.

Page 25: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

SSAT Test Takers 1956 to 1999

0

10000

20000

30000

40000

50000

60000

1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998

Courtesy of SSATB

Page 26: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Private School Enrollment Projection by National Department of Education (in thousands)

5,800

5,810

5,820

5,830

5,840

5,850

5,860

5,870

2000 2002 2004 2006 2008 2010National Center for Education Statistics 2001

Page 27: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Population Demographics

Page 28: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

U.S. Population Growth, 1950 to 2000

28

18.4

24

13.4

23

11.4

22

9.8

32.7

13.2

0

5

10

15

20

25

30

35

1950-1960 1960-1970 1970-1980 1980-1990 1990-2000

Growth (in Millions) Percent Change

Source: US Census 2000 Brief: Population Change and Distribution, 1990-2000

Page 29: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Number of Births (in thousands) in the United States, 1909 - 1994

0

500

1000

1500

2000

2500

3000

3500

4000

4500

93 90 87 84 81 78 75 72 69 66 63 60 57 54 51 48 45 42 39 36 33 30 27 24 21 18 15 12 9

American Demographics, 1997

Age 28Age 28 Age 12Age 12

Age

Age 43Age 43

Page 30: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Numbers of Births in the United States 1951-2011

2,500

2,700

2,900

3,100

3,300

3,500

3,700

3,900

4,100

4,300

4,500

Actual Projected

National Center for Education Statistics 2001

SOURCE: U.S. Department of Commerce, Bureau of the Census, Current Population Reports, Series P-25, Nos. 1092, 1095, and "National PopulationEstimates for the 1990s," January 2001, and "Annual Projections of the Total Resident Population: 1999 to 2100," January 2000; and U.S. Departmentof Health and Human Services, National Center for Health Statistics (NCHS),Annual Summary of Births, Marriages, Divorces, and Deaths: United States,various years, National Vital Statistics Reports; and unpublished tabulations.(This table was prepared May 2001.)

Page 31: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

U.S. Population by Age, 2000

BoomersBoomers

BoomletBoomlet

Page 32: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

U.S. Population by Age, 2025

BoomersBoomers

BoomletBoomlet

Page 33: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

U.S. Population by Age, 2050

BoomersBoomers

BoomletBoomlet

Page 34: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

U.S. Population by Age, 2100

BoomletBoomlet

Page 35: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

The Boomlet Distribution

American Demographics June 1999

Page 36: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Populations of School Age Children 1986 to 2011 (in thousands)

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

3 & 4 yrs. 5 to 13 yrs. 14 to 17 yrs.

SOURCE: U.S. Department of Commerce, Bureau of the Census, Current Population Reports, Series P-25, Nos. 1092, 1095, and "National Population Estimates," June 1999, and "Annual Projections of the Total Resident Population: 1999 to 2100," January 2000. (This table was prepared June 2001.)

Page 37: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Populations of Children Age 14 to 17 from 1986 to 2011 (in thousands)

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

14 to 17 yrs.

SOURCE: U.S. Department of Commerce, Bureau of the Census, Current Population Reports, Series P-25, Nos. 1092, 1095, and "National Population Estimates," June 1999, and "Annual Projections of the Total Resident Population: 1999 to 2100," January 2000. (This table was prepared June 2001.)

Page 38: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

School age U.S Population to 2050 (in thousands)

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

Under 5 5 to 13 14 to 17

1996

20102030

2050

American Demograpics, July 1996

Page 39: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

U.S. Teen Population ages 12-19 (in millions)

29.131.7

33.9 34.9

0

5

10

15

20

25

30

35

1995 2000 2005 2010

American Demographics, November 1995

+9% +7% +3%““What number do you think is the ideal numberWhat number do you think is the ideal number

of children for a family to have?” of children for a family to have?”

Two ChildrenTwo Children More than Two More than Two19761976 19861986 19961996 19761976 19861986 1996199650%50% 50%50% 55%55% 33%33% 37%37% 29%29%

General Social SurveyGeneral Social SurveyNational Opinion Research CenterNational Opinion Research CenterUniversity of Chicago, 1997University of Chicago, 1997

Page 40: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

School Age Population

Between 1996 and 20041996 and 2004 the numbers of school age children is projected to increase increase each year.

Between 2005 and 20102005 and 2010 the numbers of school age children should be stagnant or decreasingdecreasing slightly each year.

Between 2010 and 20202010 and 2020 there will be dramatically decreasingdramatically decreasing numbers of school age children, so…

Between 1996 and 20201996 and 2020 the total number of school age children will increase very littleincrease very little.

After 2020After 2020 there should be a dramatic increasedramatic increase in the number of school age children.

Page 41: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Suburbs Gain(percent living in central cities, suburbs and non-metropolitan areas, 1950 and 1998)

0%

10%

20%

30%

40%

50%

Central Cities Suburbs Non-Metro Areas

1950 1998

Page 42: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Economic Factors

Page 43: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Per Capita Income 1986 to 2011

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

Actual Middle Projection Low Pro. High Pro

SOURCE: U.S. Department of Education, National Center for Education Statistics, Statistics of State School Systems; Common Core of Data survey; Early Estimates survey; and Revenue Receipts from State Sources Model; DRI•WEFA, "U.S. Quarterly Model," and National Education Association, Estimates School Statistics. (Latest edition 2001. Copyright 2001 by the National Education Association. All rights reserved.) (This table was prepared June 2001.)

Page 44: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Gross Domestic Product (in Billions) 1929 to 2000 in Real Dollars and 1996 Constant Dollars

0

2000

4000

6000

8000

10000

1200019

29

1932

1935

1938

1941

1944

1947

1950

1953

1956

1959

1962

1965

1968

1971

1974

1977

1980

1983

1986

1989

1992

1995

1998

GDP Real GDP 1996 Dollars

Page 45: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

2

2.5

3

3.5

4

4.5

5

5.5

6

2

2.5

3

3.5

4

4.5

5

5.5

6

Immigration-Adjusted Births (Millions) Dow Adjusted for Inflation (Log Scale)

H.S. Dent Foundation, from American Demographics, December 2000

The Spending WaveThe Spending WaveBirths Logged for Peak in Family SpendingBirths Logged for Peak in Family Spending

U.S. Births U.S. Births Logged forLogged forPeak SpendingPeak Spending

Dow AdjustedDow AdjustedForForInflationInflation

ImmigrationImmigration

50,000

70,000

1,000

30,000

10,000

5,000

Dow

Page 46: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Consumer Spending

0

20

40

60

80

100

120

140

17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69

Peak in SpendingPeak in SpendingAge 47Age 47

AgeAge

Sp

end

ing

Sp

end

ing

2000 H.S. Dent Foundation from American Demographics, Dec. 2000

The Baby BoomersThe Baby Boomers

Page 47: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Average Household Spending by Age Group Indexed to 100, 1997

0

20

40

60

80

100

120

140

Under25

25-34 35-44 45-54 55-64 65-74 75 andover

American Demographics April 1999

Average Total

Page 48: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Income Demographic from 1997 to 2020 (in thousand of families)

0

20000

40000

60000

80000

100000

120000

1997 2000 2005 2010 2015 2020

over 150

125 to 150

100 to 125

75 to 100

60 to 75

50 to 60

40 to 50

30 to 40

20 to 30

10 to 20

0-10

ISACS homepage: (www.isacs.org)

Num

ber

of F

amili

es (

in T

hous

ands

)

Page 49: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Income Demographic in thousand of families (from $75,000 to over $150,000)

0

5000

10000

15000

20000

25000

1997 2000 2005 2010 2015 2020

over 150

125 to 150

100 to 125

75 to 100

ISACS homepage: (www.isacs.org)

Num

ber

of F

amili

es (

in T

hous

ands

)

Page 50: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Percent of Household with Incomes of $100,000 or more, 1980-1997 (in 1997 dollars)

4.8% 4.7%5.1%

5.4%

6.0%6.2%

7.2% 7.4%7.8%

8.2%7.7%

7.3% 7.2%

7.8%8.1% 8.2%

8.7%

9.4%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97American Demographics, Jan. 1999

•In 1996, 67% of Americans agreed with the statement: In 1996, 67% of Americans agreed with the statement: “Both the “Both the husband and the wife should contribute to the household income.”husband and the wife should contribute to the household income.”

•In 1986, only 48% felt this way. In 1986, only 48% felt this way.

General Social SurveyGeneral Social SurveyNational Opinion Research CenterNational Opinion Research CenterUniversity of Chicago, 1997University of Chicago, 1997

Page 51: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Average Family Income by Educational Attainment of the Householder, 1997

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

Less thanHS

HS dropout HS Grad SomeCollege

Associate Bachelors Masters Doctorate Professional

Page 52: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Median Family Income by Educational Attainment of Householder, 1973 & 1997 (in 1997 dollars)

0

10000

20000

30000

40000

50000

60000

70000

80000

90000

100000

<9th grade HS Dropout HS Grad 1-3 yrs.College

Bachelors Graduate

19731997

Page 53: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

Percent Change in Average Household Spending by Age Group 1987 to 1997 (in 1997 Dollars)

-9.1%

2.2%

-9.1%

1.0%

-1.0%

4.1%

17.4%

-10%

-5%

0%

5%

10%

15%

20%

Under25

25-34 35-44 45-54 55-64 65-74 75 andover

American Demographics April 1999

Page 54: D. Scott Looney, Director of External Affairs Cranbrook Schools, Bloomfield Hills, MI 48304 slooney@cranbrook.edu 248-645-3409 slooney@cranbrook.edu Demography

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