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ANOKA COUNTY HOUSING STUDY DEMOGRAPHIC ANALYSIS <br />Table A-19: Household Tenure by Income <br />• Communities that are zoned for high -density housing and have more existing rental housing <br />developments have lower rates of homeownership. Submarkets with the lowest rates of <br />homeownership are the following: <br />o Anoka submarket (54.2% homeownership) <br />o Southern Leg submarket (69.7% homeownership) <br />o Coon Rapids submarket (80.0% homeownership) <br />o St. Francis submarket (86.6% homeownership) <br />• All remaining submarkets in Anoka County have homeownership rates in excess of 90%. <br />• There is a strong link between higher rates of homeownership and higher income households, <br />as evidenced by the following chart. Homeownership among households with the lowest <br />incomes (less than $15,000) is only 46.6% while among those with the highest incomes <br />(greater than $150,000) is 97.4%. <br />35,000 <br />30,000 - <br />25,000 - <br />20,000 - <br />Owner & Renter Households by Income <br />Anoka County, 2010 <br />15,000 - <br />10,000 - <br />5,000 - <br />0 <br />91.2% <br />84.3% <br />71.9% <br />♦ 62.8% <br />♦ 55.0 % <br />46.6% <br />ME ME ME 11 II <br />96.8% 97.4% <br />J <br />Renters Owners Homeownership Rate <br />Table A-20: Household Tyne Trends <br />100% <br />90% <br />80% <br />70% <br />60% <br />50% <br />40% <br />30% <br />20% <br />10% <br />0% <br />Homeownership Rate <br />• Although the percentage of family households has been declining in Anoka County, the rate <br />remains high at 73% family households in 2010. Submarkets with the percentages of family <br />households are the following: <br />o Andover submarket (87.5%) <br />o Ramsey submarket (86.4%) <br />o Oak Grove & Nowthen submarket (86.3%) <br />o Lino Lakes & Centerville submarket (85.0%) <br />MAXFIELD RESEARCH INC. <br />12 <br />