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An income distribution of households within one, two, and five miles of the Rice <br />Street/Little Canada Road intersection revealed estimated 1994 median incomes of <br />$38,826 within one mile, $41,916 within two miles and $35,817 within five miles. <br />These trade area median incomes compare to $41,439 for the Twin Cities Metropolitan <br />Area. The income distribution also reveals that 44.0 percent of households within one <br />mile, 45.4 percent of households within two miles and 38.8 percent of households <br />within five miles had estimated household incomes between $35,000 and $74,999. <br />An analysis of consumer spending patterns for households within one, two and five <br />miles of the Rice Street/Little Canada Road intersection revealed that households <br />within one mile spend about $18,400 annually on Food, Clothing, Transportation, and <br />other Household Items and Services, households within two miles spend about $18,000 <br />annually and households within five miles spend about $17,400 annually. <br />Households in Trade Areas 1 and 2 were shown to typically spend more annually for <br />a number of consumer goods than the average household in the United States. <br />Households within one mile spent 110 percent on new cars and trucks and households <br />within two miles spent 114 percent for this same category. Overall, households within <br />two miles had consistently higher percentages in nearly every category than the average <br />U.S. household. Conversely, households within five miles had percentages about equal <br />to the U.S. average. The higher expenditure percentages for households within two <br />miles reflect higher incomes for households in this area and consequently, greater <br />spending. <br />The goods categories with the highest percentage expenditures for households within <br />two miles as compared to U.S. households were: <br />new cars and trucks - (114 percent) <br />furniture - (113 percent) <br />men's apparel - (112 percent) <br />other apparel - (112 percent) <br />small appliances - (112 percent) <br />miscellaneous equipment- (112 percent) <br />furniture - (112 percent) <br />girl's apparel - (111 percent) <br />footwear - (111 percent) <br />gift clothing - (111 percent) <br />household textiles - (111 percent) <br />floor coverings - (111 percent) <br />gift small appliances - (111 percent) <br />The greatest expenditures per household were for Food At Home (between 19 and 20 <br />Appendix A [Draft - September 1, 1995] <br />Page 106 <br />Page A ❖5 <br />