Bay of Plenty Census, the total resident population of the Bay of Plenty region was 257,379, an increase of 7.5% from 2001. The Bay of Plenty is the fifth-most populous region in New Zealand, accounting for 6.4% of the national population. The regional population is projected to increase to 277,900 by the year 2011. The median age in the Bay of Plenty was 37.2 years; 23.0% of the population were under 15 years of age, while 14.8% of people were aged 65 years or over. The male-to-female ratio was 0.94. The coast is dotted with several sizable settlements, the largest of which is
Bay of Plenty is emerging as a major regional source of electricity. Tourism is the other notable industry, accounting for 15% of the region's GDP from March 2000 to 2004. Overall economic growth in the Bay of Plenty averaged 2.1% between March 2000 and 2004, compared with the national rate of 3.5%, although per capita real GDP growth in the five years to March 2003 matched the national growth rate at an averaged 2.3%. In the 2006 Census, the median annual income was $22,600, below the national median of $24,400. Further, 45.4% of people aged 15 years or older earned an annual income