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4.0. SR 12-03-2001
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4.0. SR 12-03-2001
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12/3/2001
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Housing Data <br /> <br />According to the 1990 Census the City of Elk River had 3,887 housing units. Data released from <br />the 2000 Census indicates that the City has added 1,895 housing units for a total of 5,782 units in <br />2000. Another indicator of building trends in a community is the number of building permits <br />issued although these do not always translate into new units. Table 8 illustrates building permit <br />data for the City of Elk River between 1990 and May of 2001. During this period the City issued <br />permits for 2,422 new housing units. Approximately 74% of the permits were issued for single- <br />family homes. A total of 6% were issued for twin homes and the remaining 20% were issued for <br />multi-family units. The multi-family category includes both rental and for-sale multi-family <br />dwellings including townhomes. <br /> <br />According to the 1990 Census, approximately 74.5% of the housing stock was owner-occupied <br />units and the remaining 25.5% were renter occupied. The 2000 Census indicates that the <br />percentage of owner-occupied units has increased to 78.3% and the percentage of renter- <br />occupied declined to 21.7%. This decline in the percentage of renter-occupied units con'elates to <br />the lower level of permits issued for rental units in the community in respect to overall <br />development. <br /> <br />Development in the City peaked in 2000 with permits issued for a total of 284 new housing units. <br />Construction looks to remain strong in 2001 with permits issued for 110 new units through May <br />11, 2001. The largest number of multi-family units were permitted in 1990 with 131 units. <br />Single family permits were highest in 1996 with 208 units. <br /> <br />During the past ten years permits have been granted for the development of a variety of housing <br />types. The number of multi-family permits has been slightly lower than the percentage of multi- <br />family units that exist in the community, resulting in a decreasing proportion to the total housing <br />stock. It does not appear that development is slowing in Elk River when examining 2001 <br />building permit data. <br /> <br /> <br />
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