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Population

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The strong local industrial presence and young, affluent rapidly-growing population of approximately 20,000 offers solid business infrastructure and a skilled, available workforce.

Many young families continue to settle in the Town of Paradise, bringing with them skilled trades, university degrees, and management experience. The majority of our residents are between the ages of 25 to 49, and many possess industry-specific knowledge.

Demographic Information

At present, Paradise, NL has a population of 21,389 people. Overall, the average population is growing at an average of 28.29% per year. In the last two census, its population grew by 3694 people.

Population is the sum of births plus in-migration, and it signifies the total market size possible in the area. This is an important metric for economic developers to measure their economic health and investment attraction. Businesses also use this as a metric for market size when evaluating startup, expansion or relocation decisions.

Ages

70.14 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 21.6 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 2,710 people are expected to retire in the coming years.

Ages chart illustrates the age and gender trends across all age and gender groupings. A chart where the the covered area is primarily on the right describes a very young population while a chart where the the covered area is primarily on the left illustrates an aging population.

 

Gender

Overall, women outnumber men by 320 people. The 5 to 9 years old age cohort exhibits the largest discrepancy with a difference of 95 people between the sexes. Furthermore, majority of the population is between the ages 35 to 39 years old, comprising 9.11 per cent of the population.

Age-sex charts emphasize the gap between the numbers of males and females at a specific age group. It also illustrates the age and gender trends across all age and gender groupings. A chart skewed heavily to the left describes a very young population while a chart skewed heavily to the right illustrates an aging population.

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