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<br /> <br />MARKET ANALYSIS <br />City of Elk River, MN <br />Feasibility Study * <br />Page 24 <br />Population Distribution Comparison by Age: Utilizing census information from the <br />Secondary Service Area, the following comparisons are possible. <br /> <br />Table L – 2015 Secondary Service Area Population Estimates <br />(U.S. Census Information and ESRI) <br /> <br />Ages 2010 Census 2015 <br />Projection <br />2020 <br />Projection <br />Percent <br />Change <br />Percent <br />Change Nat’l <br />-5 14,918 14,459 14,762 -1.0% +0.3% <br />5-17 43,748 41,751 41,772 -4.5% -0.7% <br />18-24 15,780 18,264 16,705 +5.9% +1.7% <br />25-44 58,891 57,470 62,156 +5.5% +7.1% <br />45-54 34,419 33,890 30,054 -12.7% -9.7% <br />55-64 21,776 26,209 29,538 +35.6% +17.4% <br />65-74 10,194 14,119 17,718 +73.8% +50.1% <br />75+ 5,607 6,499 8,563 +52.7% +22.0% <br /> <br />Chart J – Secondary Service Area Population Growth <br /> <br /> <br /> <br />Table-L illustrates the growth or decline in age group numbers from the 2010 census until the <br />year 2020. The majority of the age categories will see an increase, the categories -5, 5-17 and <br />45-54 age groups will see a decrease. The population of the United States as a whole is aging, <br />and it is not unusual to find negative growth numbers in the younger age groups and significant <br />net gains in the 45 plus age groupings in communities which are relatively stable in their <br />population numbers. <br />0 <br />10,000 <br />20,000 <br />30,000 <br />40,000 <br />50,000 <br />60,000 <br />70,000 <br />-5 5-17 yr 18-24 25-44 45-54 55-64 65-74 75+ <br />Po <br />p <br />u <br />l <br />a <br />t <br />i <br />o <br />n <br />2010 2015 2020 <br />APPENDIX B