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7.1. SR 05-05-2014
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7.1. SR 05-05-2014
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Table 7 -H: Gross Rent as Percent of Household <br />Income - 2010 <br />Percent of <br />Household <br />Income <br />Units <br />Percent <br />Sherburne <br />County <br />State <br />Less than 15% <br />144 <br />9.4% <br />10.4% <br />12.0% <br />15.0 to 19.9% <br />336 <br />22.0% <br />14.0% <br />12.5% <br />20.0 to 24.9% <br />241 <br />15.8% <br />12.1% <br />13.5% <br />25.0 to 29.9% <br />184 <br />12.1% <br />11.7% <br />12.6% <br />30.0 to 34.9% <br />98 <br />6.4% <br />8.7% <br />9.5% <br />35.0% or More <br />523 <br />34.3% <br />43.0% <br />39.9% <br />Not Computed <br />47 <br />3% <br />3.8% <br />L5.0% <br />1940 to 1949 <br />Total Specified <br />Units <br />1,573 <br />100% <br />100% <br />100% <br />Source: U.S. Census Bureau, 2007 -2011 American <br />Community Survey <br />Table 7 -I: Owner Monthly Costs as Percent of <br />Household Income - 2010 <br />Year <br />Structure <br />Built <br />Units <br />Percent <br />Sherburne <br />County <br />State <br />2005 or later <br />772 <br />9% <br />7.4% <br />4.4% <br />2000 to 2004 <br />1,802 <br />21% <br />21.0% <br />9.3% <br />1990 to 1999 <br />1,850 <br />22% <br />25.7% <br />13.5% <br />1980 to 1989 <br />1,941 <br />23% <br />16.6% <br />12.9% <br />1970 to 1979 <br />1,022 <br />12% <br />13.8% <br />16.0% <br />1960 to 1969 <br />359 <br />4% <br />4.7% <br />1950 to 1959 <br />218 <br />3% <br />3.8% <br />L5.0% <br />1940 to 1949 <br />125 <br />1% <br />1.9% <br />1939 or Earlier <br />378 <br />4% <br />5.1 % <br />Total Specified <br />Units <br />8,467 <br />1 100% <br />100% <br />100% <br />Source: U.S. Census Bureau; 2007 -2011 American <br />Community Survey <br />74 / Chapter 7: Housing <br />Elk River Comp ehensive Plan <br />Renter Monthly Costs as Percentage of Household <br />Income <br />In 2010, 40.7% of renters paid over 30% of their <br />household income in rent. Refer to Table 7 -H: Gross Rent <br />as Percent of Household Income - 2010. This number is <br />lower than Sherburne County (51.7 %) and the State of <br />Minnesota (49.4 %). <br />Age and Maintenance of Housing Stock <br />In 2010, roughly 24% (2,102 units) of the City's units <br />were constructed before 1980. Just 4% of the housing <br />units in Elk River were built before 1939. The number of <br />new housing units built in Elk River is generally consistent <br />with the County but higher than the State, with 52% <br />of housing units being built since 1990 compared with <br />54.1 % for the County and 27.2% for the State. Refer to <br />Table 7 -I: Owner Monthly Costs as Percent of Household <br />Income -2010 for additional information. <br />
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