07-23-08 Council Agenda - Laserfiche WebLink

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LAND USE PLAN Housing Profile Number of Housing Units /Age of Housing Stock Based on 2000 Census data and the number of residential building permits issued since 2000, the City of Little Canada has a total of approximately 4,702 housing units as of 2006. As shown in the following table, the majority of Little Canada's existing housing stock was constructed during the 1970s. Estimated Market Value AGE OF HOUSING STOCK Year Built: # of Units % of Total 2001 to 2006 231 Little Canada 4.9% 1990 to 2000 628 -0.6% 13.4% 1980 to 1989 909 $223,900 19.3% 1970 to 1979 1,589 $237,400 33.8% 1960 to 1969 687 9,361 14.6% 1950 to 1959 302 Vadnais Heights 6.4% 1940 to 1949 148 -.05% 3.2% 1939 or earlier 208 $219,500 4.4% Total 4,702 100% Source: U.S. Census Bureau The following table illustrates the residential market value statistics for Little Canada and neighboring communities in 2006 and 2007. The median market value of residential units in the City in 2007 was $240,050. This value is notably higher than that of Ramsey County, which was $219,600 in 2007. The median market value of residential units in the City decreased by 0.6 percent from 2006 to 2007. MEDIAN ESTIMATED MARKET VALUE OF RESIDENTIAL UNITS Tax Area No. of Parcels Payable 2007 Median Payable 2008 Median Percent Change Little Canada 2,610 $241,500 $240,050 -0.6% Maplewood 10,991 $222,400 $223,900 0.7% Roseville 10,991 $237,400 $237,900 0.2% Shoreview 9,361 $260,700 $263,700 1.1% Vadnais Heights 4,310 $241,000 $239,700 -.05% Ramsey County 141,456 $219,500 $219,600 0.0% Source: Ramsey County Assessor's Office City of Little Canada — 2030 Comprehensive Plan 30