How Do You Calculate The Population Growth Rate?
The population of the United States changes on a continual basis. Knowing this rate of change is important to both the government and private businesses. The population growth or decline in an area can help a company decide where it wishes to locate its office, based on the potential amount of customers and employees alike. The trends could indicate the area is an expanding market, or a declining one, both valuable pieces of information. Choose the location for which you want to calculate the population growth rate. This could be for the entire United States, a specific region, state or smaller area, depending on the purpose of your calculation and how you will use that data. This example will focus on the city of Las Vegas, Nevada. Determine the years you want to compare. This could be the population growth rate from one year to another, or you might want to determine what the increase or decrease was over a longer span of time, such as 10 or even 50 years. As an example, let’s calcul
