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DEMOGRAPHIC ANALYSIS
<br /> Employment Growth Trends and Projections
<br /> Table 8 presents employment growth trends for the Primary Market Area and the Secondary
<br /> Market Area from 1990 to 2020. Since employment growth generally fuels household growth,
<br /> employment trends are a reliable indicator of housing demand. Typically,households prefer to
<br /> live near work for convenience. The historical data and projections were determined by the Met-
<br /> ropolitan Council.
<br /> Key findings from Table 8 are:
<br /> TABLE 8
<br /> EMPLOYMENT GROWTH TRENDS AND PROJECTIONS
<br /> RAMSEY MARKET AREA
<br /> 1990 to 2020
<br /> Change
<br /> Census Projection 1990 to 2000 2000 to 2010
<br /> Ramsey 1,941 3,587 6,700 9,100 1,646 84.8 3,113 86.8
<br /> Oak Grove 200 354 430 530 154 77.0 76 21.5
<br /> Anoka 11,755 13,250 14,400 15,200 1,495 12.7 1,150 8.7
<br /> Andover 1,200 3,062 4,200 4,800 1,862 155.2 1,138 37.2
<br /> Burns Township 259 294 350 400 35 13.5 56 19.0
<br /> PMA Total 15,355 20,547 26,080 30,030 5,192 33.8 5,533 26.9
<br /> Secondary Market Area 29,310 41,047 48,770 53,540 11,737 40.0 7,723 18.8
<br /> Total 44,665 61,594 74,850 83,570 16,929 37.9 13,256 21.5
<br /> Anoka County 81,132 106,814 125,990 138,060 25,682 31.7 19,176 18.0
<br /> Twin Cities Metro Area 1,272,773 1,563,245 1,815,715 1,990,485 290,472 22.8 252,470 16.2
<br /> Sources: Bureau of the Census;Metropolitan Council;
<br /> Maxfield Research Inc.
<br /> • There was rapid employment growth in both the PMA and SMA during the 1990s. Nearly
<br /> 5,200 employees were added to the PMA (34%) and over 11,700 employees added to the
<br /> SMA (40%). By 2010 the PMA is expected to increase by another 5,500 employees (27%)
<br /> and the SMA is expected to add roughly 7,700 employees (19%). Both the PMA and SMA
<br /> out paced both Anoka County and the Twin Cities Metro Area in the 1990s and are expected
<br /> to do the same between 2000 and 2010.
<br /> • Table 9 presents information from the Minnesota Department of Employment and Economic
<br /> Development showing wages by occupation in the Twin Cites in the 4th quarter of 2004.
<br /> Starting annual incomes (10th Percentile)by occupation are as follows: elementary, middle
<br /> school, and secondary school teachers have a salary range of between$28,500 to $32,500
<br /> (between 37% and 42% of median household income). In the healthcare industry salaries
<br /> have a much wider range, nursing aides and medical assistants earn $21,000 while registered
<br /> nurses earn $46,700 per year. In other areas of the economy, construction workers earn
<br /> $28,000, auto mechanics earn close to $22,000, police officers and sheriffs earn $41,000, and
<br /> MAXFIELD RESEARCH INC. 18
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