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DEMOGRAPHIC ANALYSIS <br />9,000 <br />8,000 <br />7,000 <br />6,000 <br />5,000 <br />4,000 <br />3,000 <br />2,000 <br />1,000III■II■■ <br />0 <br />Population <br />Age Distribution <br />City of Ramsey <br />• 2010 • 2019 <br />• 2024 <br />I I <br />I I <br />I I <br />r r <br />I I <br />I■ III■ II I I <br />Under 20 <br />III <br />.■ <br />75+ <br />20 to 24 <br />25 to 34 35 to 44 45 to 54 55 to 64 65 to 74 <br />• The senior age cohorts are projected to have the greatest percentage growth. The 75+ age <br />cohort is forecast to increase by 70% (497 people) in Ramsey between 2019 and 2024. The <br />growth in the senior age cohorts can be primarily attributed to the baby boom generation <br />aging into their senior years. <br />• The social changes that occurred with the aging of the baby boom generation, such as <br />higher divorce rates, higher levels of education, and lower birth rates has led to a greater <br />variety of lifestyles than existed in the past — not only among baby boomers, but also <br />among their parents and children. The increased variety of lifestyles has also fueled de- <br />mand for alternative housing products to single-family homes. Seniors, in particular, and <br />middle-aged persons tend to do more traveling and participate in more activities than previ- <br />ous generations, and they increasingly prefer maintenance -free housing that enables them <br />to spend more time on activities outside the home. <br />MAXFIELD RESEARCH AND CONSULTING 11 <br />