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HOUSING CHARACTERISTICS <br />American Community Survey <br />The American Community Survey ( "ACS ") is an ongoing statistical survey administered by the <br />U.S. Census Bureau that is sent to approximately 3 million addresses annually. The survey <br />gathers data previously contained only in the long form of the decennial census. As a result, <br />the survey is ongoing and provides a more "up -to- date" portrait of demographic, economic, <br />social, and household characteristics every year, not just every ten years. The most recent ACS <br />highlights data collected between 2009 and 2013. Tables HC -2 to HC -7 show key data for Elk <br />River Elk River. <br />Age of Housing Stock <br />The following graph shows the age distribution of the housing stock in 2000 based on data from <br />the U.S. Census Bureau and 2013 from the American Community Survey (5- Year). Table HC -2 <br />includes the number of housing units built in Elk River, prior to 1940 and during each decade <br />since. The following are key points derived from Table HC -2. <br />In total, Elk River is estimated to have nearly 10,000 housing units, of which about 8,415 <br />are owner - occupied and just over 1,300 are renter - occupied. In total, owner - occupied <br />housing units account for about 86.5% of Elk River's total housing stock. <br />The highest number of homes was built during the period from 2000 to 2009. Overall, <br />roughly 27% of the total housing units were built during this period. Less than 10% of Elk <br />River housing stock was built before 1970. Some of these housing units may be dilapidated <br />and in need of replacement or repair. <br />MAXFIELD RESEARCH & CONSULTING, LLC.. 33 <br />AGE OF HOUSING STOCK <br />Elk River <br />2013* <br />2,750 <br />2,500 <br />2,250 <br />2,000 <br />1,750 <br />1,500 <br />1,250 <br />° <br />1,000 <br />z <br />750 <br />Ln <br />500 <br />N <br />250 <br />N <br />0 <br />Before 1940s 1950s 1960s 1970s 1980s <br />1990s 2000s After <br />1940 Decade Constructed <br />2010 <br />MAXFIELD RESEARCH & CONSULTING, LLC.. 33 <br />