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• • • Mr. Greg Hayes Shingobee Builders August 10, 2005 Page 2 TABLE 1 GROWTH TRENDS LINO LAKES & ANOKA COUNTY Census Estimate Forecast 2000 2003 2010 Change 2000 -2010 No. 1 Pct. LINO LAKES Population 16,971 18,368 22,500 5,529 32.6% Households 4,857 5,433 7,100 2,243 46.2% Employment 2,444 2,597 2,950 506 20.7% ANOKA COUNTY Population 298,084 313,197 357,670 59,586 20.0% Households 106,429 112,627 135,300 28,871 27.1% Employment 106,814 112,328 125,190 18,376 17.2% Sources: Metropolitan Council; Maxfield Research Inc. Compared to Anoka County, Lino Lakes is growing rapidly. Although Anoka County is experiencing strong growth, Lino Lakes proportional growth exceeds that of Anoka County in each category, population, households and employment. Lino Lakes is growing at a rate approximately 40% more than Anoka County for both population and households. Demographic Trends Household Type Table 2 presents household type trends for Lino Lakes in 1990 and 2000. This data shows that all household types increased during the 1990s, a period of strong growth for the community. Proportionately, households living alone increased the most. However, the largest household group remains married couples with children, followed by married couples without children. Married couples without children usually represent those that are younger who have not yet had children and those that are older whose children are grown. Both of these groups without children are candidates for multifamily housing. Although married couples with children typically prefer a single - family home, we are finding that many young couples with only one child will often move first into a townhome before moving up into a single - family home. As the prices of single - family homes continue to rise dramatically, the townhome option has become a more attractive alternative for those first -time homebuyers wanting to own a residence. MAXFIELD RESEARCH INC.