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REGIONAL DATA
<br /> Metro Area
<br /> Minneapolis-Saint Paul is the most populous urban area in Minnesota, and is composed of
<br /> 186 cities and townships. Built around the Mississippi, Minnesota and St. Croix rivers, the
<br /> area is also nicknamed The Twin Cities for its two largest cities, Minneapolis and Saint Paul.
<br /> Saint Paul is the second largest city in Minnesota, as well as the state capital.
<br /> The area is part of a larger U.S. Census division named Minneapolis-St. Paul-Bloomington, MN-
<br /> WI, the country's 16th-largest metropolitan area, composed of eleven counties in Minnesota and
<br /> two counties in Wisconsin. This larger area, in turn, is enveloped in the U.S. Census combined
<br /> statistical area called Minneapolis-St. Paul-St. Cloud, MN-WI with an estimated population of
<br /> 3.5 million people in 2006, ranked the 13th most populous in the U.S.
<br /> In both of the fully developed central cities--Minneapolis and St. Paul--the population has
<br /> declined due to smaller household sizes, yet growth in other areas of their counties has been
<br /> more than offsetting. Below is detailed where this growth has occurred:
<br /> POPULATION
<br /> Census Census Census Forecast Growth Growth
<br /> County 1990 2000 2010 2015 2000-2010 2010-2015
<br /> total annual total annual
<br /> Hennepin 1,032,431 1,116,200 1,152,425 1,165,830 3.3% 0.3% 1.2% 0.2%
<br /> cu
<br /> Ramsey 485,765 511,035 508,640 491,820 -0.5% -0.1% -3.3% -0.7%
<br /> Dakota 275,227 355,904 398,552 437,520 12.0% 1.2% 9.8% 2.0% m'
<br /> N
<br /> Anoka 243,641 298,084 330,844 374,350 11.0% 1.1% 13.2% 2.6% 3
<br /> N
<br /> Washington 145,896 201,130 238,136 257,760 18.4% 1.8% 1 8.2% 1.7%
<br /> Scott 57,846 89,498 129,928 186,820 45.2% 4.5% 43.8% 8.8%
<br /> Wright 68,710 89,986 124,700 159,640 38.6% 3.9% 28.0% 5.6%
<br /> ci
<br /> Carver 47,915 70,205 91,042 114,870 29.7% 3.0% 26.2% 5.2%
<br /> Sherburne 41,945 64,417 88,499 119,040 37.4% 3.7% 34.5% 6.9% 0
<br /> Chisago 30,521 1 41,101 53,887 67,880 31.1% 3.1% 26.0% 5.2%
<br /> Isanti 25,921 31,287 37,816 51,730 20.9% 2.1% 36.8% 7.4%
<br /> Total 2,455,818 2,868,847 3,116,653 3,427,260 9.8% 1.0% 10.0% 2.0%
<br /> Overall, the area has experienced moderate to good income growth. Annualized income
<br /> growth of 2.5% to 3.5% is consistent with national averages.
<br /> MEDIAN HOUSEHOLD INCOME
<br /> Census Estimate Growth
<br /> County 2000 2012 2000-2012
<br /> total annual
<br /> Hennepin 51,711 63,559 22.91% 1.91%
<br /> Ramsey 45,722 53,152 16.25% 1.35% m'
<br /> N
<br /> Dakota 61,863 73,288 18.47% 1.54% H
<br /> Anoka 57,754 69,916 21.06% 1.76%
<br /> Washington 66,305 80,747 21.78% 1.82%
<br /> Scott 66,612 84,571 26.96% 2.25%
<br /> ci
<br /> Wright 53,945 70,930 31.49% 2.62% 2
<br /> Carver 1 65,540 1 83,275 27.06% 2.26% 0
<br /> Sherburne 57,014 72,041 26.36% 2.20%
<br /> Chisago 52,012 66,592 28.03% 2.34%
<br /> Nagell Appraisal&Consulting 1 952-544-8966 www.callnagell.com 7
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