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10/19/2005 Council Packet
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10/19/2005 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
10/19/2005
Council Meeting Type
Work Session Regular
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• <br />• <br />• <br />Mr. Greg Hayes <br />Shingobee Builders <br />August 10, 2005 <br />Page 5 <br />TABLE 4 <br />HOUSEHOLD INCOME <br />LINO LAKES /METRO AREA <br />Census`: <br />Estimate <br />2000 <br />2005 <br />orecast. <br />2010 <br />Lino Lakes <br />Avg. HH Inc. $86,117 $102,446 $116,457 <br />Med. HH Inc. $75,899 $87,062 $97,154 <br />Per Capita $25,387 $30,603 $34,542 <br />Metro Area <br />Avg. HH Inc. $68,439 $79,603 $90,676 <br />Med. HH Inc. $55,235 $62,862 $70,462 <br />Per Capita $26,776 $31,185 $35,509 <br />Sources: Claritas, Inc.; Bureau of the Census <br />Residential Construction Trends <br />Table 5 presents information on recent residential construction trends in Lino Lakes and the <br />surrounding communities. The table shows that construction has been strong, more so in the <br />surrounding communities than in Lino Lakes. Multifamily development as a percent of total <br />construction has increased due to rising home prices and households choosing greater levels of <br />convenience. <br />MAXFIELD RESEARCH INC. <br />
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