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AIRPORT MASTER PLAN
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<br />All areas reviewed in this analysis have experienced steady growth over the seven-
<br />year period, with Hays and Caldwell counties combined experiencing the highest
<br />Average Annual Growth Rate (AAGR) of 3.89% annually. It should also be noted that
<br />the population growth rates for the Austin-Round Rock MSA (2.92% annually) and
<br />the San Antonio-New Braunfels MSA (2.12% annually) have significantly exceeded
<br />the population growth rates for the State of Texas (1.67% annually) and the United
<br />States (0.75% annually) as a whole during the same period of time.
<br />This analysis indicates that the region where the San Marcos Regional Airport is
<br />located has grown at a rapid pace with the area immediately surrounding the
<br />airport (e.g. Hays and Caldwell County) growing faster than the region as a whole. In
<br />fact, Hays County has consistently been named one of the fastest growing counties
<br />in the United States during this time period.
<br />While historic population trends can provide an indication of future activity, it is
<br />also important to analyze population projections for the future. Table 3-2 shows
<br />future population projections for Hays and Caldwell counties (combined), the San
<br />Antonio-New Braunfels MSA, the Austin-Round Rock MSA, the State of Texas, and
<br />the United States between 2018 and 2050.
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<br />TABLE 3-2
<br />FUTURE POPULATION PROJECTIONS
<br />Austin-Round San Antonio-New Hays and
<br />Year United States Texas Rock MSA Braunfels MSA Caldwell County
<br />2018 327,892,000 28,716,213 2,133,977 2,527,653
<br />259,469
<br />2019 330,269,000 29,193,378 2,189,870 2,579,823
<br />269,133
<br />2024 341,963,000 31,685,217 2,480,246 2,852,257
<br />321,335
<br />2029 353,008,000 34,345,084 2,799,579 3,138,069
<br />383,839
<br />2034 363,003,000 37,142,136 3,153,488 3,430,042
<br />458,682
<br />2039 371,871,000 40,078,100 3,542,493 3,730,816
<br />546,534
<br />2044 379,861,000 43,209,927 3,969,412 4,047,608
<br />650,853
<br />2049 387,419,000 46,619,895 4,441,555 4,387,838
<br />776,838
<br />2050 388,922,000 47,342,417 4,542,827 4,459,030
<br />805,195
<br />AAGR 0.58% 2.03% 3.53% 2.39% 6.57%
<br />Source:Source: TDC Population Estimates and Projections, US Census Population Estimates
<br />Based on future population projections provided by the Texas Demographic Center
<br />(TDC), it is expected that the population of the region where the San Marcos
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<br />Activity Forecasts Chapter Page 4of 36
<br />October 2020
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