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Agenda - Council - 06/28/2016
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Agenda - Council - 06/28/2016
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3/17/2025 3:50:35 PM
Creation date
6/30/2016 8:32:53 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/28/2016
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ANOKA COUNTY HOUSING STUDY CONCLUSIONS <br />Lino Lakes & Centerville Submarket Recommendations <br />Lino Lakes & Centerville is located at the southeastern corner of Anoka County and borders both <br />Washington and Ramsey counties. The submarket is moderately built out but still has ample <br />developable land to accommodate new housing. Strong household growth is forecast for the <br />submarket with the addition of 1,835 households (+24.1%) by 2020, which equates to about 10% <br />of total household growth in Anoka County. Median incomes are second highest among <br />submarkets in the County and median resale prices of single-family homes are the highest as of <br />2010. <br />Demographically, Lino Lakes & Centerville is a younger submarket with about 73% of the <br />population age 45 and younger (the second highest percentage among the submarkets). Strong <br />job growth will continue to attract working -age households into the foreseeable future. Through <br />2020, growth of 2,500 jobs (+53.2%) is forecast in the submarket, which is the second strongest <br />growth by percentage and numerically in the County. These factors will continue to strengthen <br />demand for various housing products — and specifically for general occupancy housing — in Lino <br />Lakes & Centerville. <br />MAXFIELD RESEARCH INC. 125 <br />
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