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DEMOGRAPHIC ANALYSIS <br /> Household Type <br /> The following graph shows the breakdown of the type of households in Elk River in 2000 and <br /> 2010. Table D-5 illustrates the data which is useful in assessing housing demand since the <br /> household composition often dictates the type of housing needed and preferred. <br /> • From 2000 to 2010, Elk River observed the largest numerical increase in the number of <br /> families that are married without children (830 households, or 52%). The increase in <br /> households married without children can be attributed to couples waiting longer to have <br /> children, and the baby boomers aging into empty nester years. <br /> • Persons Living Alone experienced the second highest numerical increase of 608 households <br /> (highest growth rate of 62.5%) in Elk River during the 2000s. This could indicate an aging <br /> senior population. As the frailty level of these seniors increases, they typically move out of <br /> their homes in pursuit of housing with services. However, the recession has affected many <br /> seniors, and their fears of the market can be affecting their decisions to move out of the <br /> homes and into age-restricted housing. <br /> • Elk River also had significant increases in single-parent households (a gain of 378 <br /> households, or 51%). With only one income, these families are most likely to need <br /> affordable or modest housing, both rental and for-sale. <br /> • Roommate households had the second highest rate of growth in Elk River during the 2000s. <br /> The number of roommates grew by a 55%, or 160 households. This, however, was the <br /> lowest numerical increase of all groups. This reflects the trend in society of couples living <br /> together before marriage and delaying having children until later in life, as well as other <br /> non-family households "rooming up" and sharing housing costs during the Great Recession. <br /> Household Type <br /> Elk River <br /> 2000 and 2010 <br /> 3,000 - <br /> 2,500 - ui •2000 <br /> L 2,000 - 7 N 0 2010 <br /> cu N <br /> u+ O <br /> = 1,500 - <br /> �. a0 <br /> c 1,000 - <br /> Z ,a M <br /> 500 M ~ CO <br /> N <br /> Ql <br /> Married with Married w/o Other family Living alone Roommates <br /> child child Household Type <br /> MAXFIELD RESEARCH INC. 1 9 <br />