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Agenda - Council - 02/12/2019
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Agenda - Council - 02/12/2019
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3/17/2025 2:21:59 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/12/2019
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Mr. Tim Gladhill <br />City of Ramsey <br />January 25, 2019 <br />Page 8 <br />D. Employment Trends (data will also be provided for comparison purposes to peer com- <br />munities) <br />1. Examine local data on resident employment (based on place of residence). <br />2. Examine local data on covered employment (based on location of jobs). <br />3. Provide data on jobs by NAICS industry sector. <br />4. Identify major employers. <br />5. Identify commuting patterns of area workers. <br />a) Place of residence vs. place of employment <br />b) Wages <br />c) Demographic characteristics <br />6. Project job growth to 2025. Analyze any business expansions/contractions and their <br />effect on the local housing market. <br />7. Interview economic development specialists, major employers, and local officials re- <br />garding major employment changes and other issues that may impact long-term em- <br />ployment projections. <br />8. Discuss the implications of the findings on housing demand in Ramsey. <br />Employment <br />Analysis <br />• Historical Trends <br />• Projections <br />Industry <br />Employment <br />• Labor Force <br />• Employment <br />• Unemployment <br />Commuting <br />Patterns <br />• Establishments <br />• Employment <br />• Wages <br />• By Place of Wor <br />• By Residence <br />• Inflow/Outflow <br />E. Housing Characteristics & Condition <br />1. Compile statistics on the age of the housing stock in Ramsey and the draw area. <br />2. Compile residential building permit data by type of housing to the most current <br />available figures for Ramsey and the draw area. <br />3. Analyze U.S. Census and American Community Survey (ACS) findings collected be- <br />tween 2012 and 2017 (most current data). Compile the following: <br />a) Renter -occupied units by contract rent <br />b) Owner -occupied housing units by value <br />c) Owner -occupied housing units by mortgage status <br />d) Housing units by structure and occupancy <br />e) Housing units by occupancy status and tenure <br />4. Review housing market value data from City/County tax records (if available) or ACS. <br />MAXFIELD RESEARCH AND CONSULTING, LLC <br />
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