07-23-08 Council Agenda - Laserfiche WebLink

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INVENTORY Social Profile The purpose of the social and economic inventory is to identify past trends, document current conditions and to help identify issues for establishing a hierarchy of planning growth policies. These policies will help the community address a broad base of land use and development issues. With the help of a solid information and policy base, decision makers can evaluate and prioritize proposals for the community while fulfilling the City's long term goals and objectives. Population and Household Growth Trends The following table shows population and household growth trends for the City of Little Canada from 1990 to 2006 with projections for 2010, 2020 and 2030 as established by the Metropolitan Council's 2030 Regional Development Framework. Figures for 2006 were estimated by the State Demographers office. POPULATION AND HOUSEHOLDS State Demographer Metropolitan Council U.S. Census Estimate Forecasts 1990 2000 2006 2010 2020 2030 Population 8,971 9,771 10,082 10,900 11,900 12,800 Households 3,902 4,375 4,535 4,900 5,300 5,700 HH Size 2.3 2.23 2.21 2.22 2.25 2.25 Source: U.S. Census Bureau, Metropolitan Council, MN State Demographer The Census information reveals that Little Canada added 800 people and 473 households between 1990 and 2000, resulting in a population increase of 8.9 percent. Estimates for 2006 illustrate an increase of 311 people (3 percent) and 160 households (3.6 percent). The Metropolitan Council forecasts project that the City will add an additional 2,718 people and 1,165 households by the year 2030 for a total population of 12,800. Household size has remained relatively consistent from 1990 to 2006, dropping only slightly from 2.3 people per household in 1990 to an estimated 2.21 people per household in 2006. This is comparable to household size trends in other Metro Area communities similar to Little Canada. Household size is projected to remain around 2.2 people per household through 2030. Age of Population As shown in the following table, the City of Little Canada's largest age group in 1990 was the labor force (ages 19 -39), representing about 40 percent of the population. In 2000 this labor force age group was again the City's largest, accounting for 34 percent of the total population. It is expected that the older adult and senior age groups (age 65 and over) is expected to become the fastest growing segment of the population in the coming years as the Baby Boom population enters into their retirement years. The aging of this large segment of the population will have City of Little Canada — 2030 Comprehensive Plan 5