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housing stock in order to stay competitive in attracting new residents to the City, and retaining existing <br />residents as they move into different life cycles. <br />Figure 7 indicates the differences between Ramsey and the overall metropolitan area. Ramsey has a <br />substantially smaller percentage of seniors than the region as a whole, which could be attributed to the lack <br />of housing options. This will change though as Middle Adults and Older Adults transition into older age <br />categories — meaning that demand for lower- maintenance, more accessible housing will increase in the city. <br />Figure 7: Ramsey Residents Within Life Cycles (Percentage) <br />Percentage of Residents Within Housing Life Cycles <br />35% <br />40% - <br />35% <br />30% <br />25% <br />20% <br />15% <br />10% <br />5% <br />0% <br />Children <br />0 to 17 <br />Young Adults <br />18 to 24 <br />Middle Adults <br />25 to 44 <br />Older Adults <br />45 -64 <br />Seniors <br />65+ <br />® Ramsey <br />0 Region <br />