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7.2. HRSR 06-01-2020
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7.2. HRSR 06-01-2020
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5/29/2020 8:20:56 AM
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City Government
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HRSR
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6/1/2020
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<br /> <br /> <br />Hillside Heights Apartments, Elk River, Minnesota <br /> <br />Market Analyst Professionals, LLC 27 April 24, 2020 <br />Average household size is estimated to have increased within all markets between 2010 and 2019 <br />with very marginal changes. ESRI projections indicate ongoing marginal increases in average household <br />size through 2025 within all areas. <br /> <br />Average Household Size and Group Quarters <br /> <br />City of County of State of <br />Elk River PMA Sherburne MN <br />2010 Average Household Size 2.76 2.88 2.86 2.48 <br />2020 Average Household Size Estimate 2.77 2.89 2.86 2.49 <br />Percent Change (2010 to 2020)0.3% 0.2% 0.3% 0.6% <br />2022 Average Household Size Forecast 2.78 2.89 2.87 2.49 <br />Percent Change (2010 to 2022)0.4% 0.3% 0.3% 0.7% <br />2024 Average Household Size Forecast 2.78 2.89 2.87 2.50 <br />Percent Change (2010 to 2024)0.5% 0.3% 0.4% 0.8% <br />2025 Average Household Size Forecast 2.78 2.89 2.87 2.50 <br />Percent Change (2010 to 2025)0.5% 0.3% 0.4% 0.9% <br />2010 Group Quarters 640 793 2,174 135,395 <br />2020 Group Quarters Estimate 637 791 2,165 133,245 <br />Percent Change (2010 to 2020)-0.5% -0.3% -0.4% -1.6% <br />2022 Group Quarters Forecast 636 790 2,163 132,815 <br />Percent Change (2010 to 2022)-0.6% -0.4% -0.5% -1.9% <br />2024 Group Quarters Forecast 636 790 2,161 132,385 <br />Percent Change (2010 to 2024)-0.7% -0.4% -0.6% -2.2% <br />2025 Group Quarters Forecast 635 789 2,160 132,170 <br />Percent Change (2010 to 2025)-0.7% -0.5% -0.6% -2.4% <br />Source: Census of Population and Housing, U.S. Census Bureau; ESRI <br /> <br />
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