2. HRSR 02-01-2016 - Laserfiche WebLink

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HOUSING CHARACTERISTICS American Community Survey The American Community Survey ("ACS") is an ongoing statistical survey administered by the U.S. Census Bureau that is sent to approximately 3 million addresses annually. The survey gathers data previously contained only in the long form of the decennial census. As a result, the survey is ongoing and provides a more "up-to-date" portrait of demographic, economic, social, and household characteristics every year, not just every ten years.The most recent ACS highlights data collected between 2009 and 2013. Tables HC-2 to HC-7 show key data for Elk River Elk River. Age of Housing Stock The following graph shows the age distribution of the housing stock in 2000 based on data from the U.S. Census Bureau and 2013 from the American Community Survey (5-Year). Table HC-2 includes the number of housing units built in Elk River, prior to 1940 and during each decade since. The following are key points derived from Table HC-2. • In total, Elk River is estimated to have nearly 10,000 housing units, of which about 8,415 are owner-occupied and just over 1,300 are renter-occupied. In total, owner-occupied housing units account for about 86.5%of Elk River's total housing stock. • The highest number of homes was built during the period from 2000 to 2009. Overall, roughly 27%of the total housing units were built during this period. Less than 10%of Elk River housing stock was built before 1970. Some of these housing units may be dilapidated and in need of replacement or repair. AGE OF HOUSING STOCK Elk River 2013* 2,750 2,500 2,250 —_.. LID 2,000 ^ �i rn 1,750 rn o 2 1,500 ° rs; 1,250 ° 1,000 - v - -_-_ -- O N Z N 750 500 - !V rq 250 Before 1940s 1950s 1960s 1970s 1980s 1990s 2000s After 1940 Decade Constructed 2010 MAXFIELD RESEARCH&CONSULTING,LLC.. 33