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5.13 5.3.3 Household Type Household types have dramatically changed since 1970. In the last 40+ years, as the population has aged, the percentage of households defined as married couples with children has significantly decreased while the percentage of single- parent families and single- person households has increased. This drop has been especially dramatic in Mounds View where the decline in the percentage of married couples with children went from 64% of all households in 1970 to only 19% of all households in 2010. Changing household types influence housing by affecting the styles and layouts of units. For example, families with children prefer housing with private yards, if affordable, along with bedrooms on separate levels from the main living areas. In contrast, households without children often prefer one-level living in which bedrooms are on the same level as the living area. 5.3.4 Homeownership Homeownership in Mounds View has historically been well above the county, metro, and national rates. However, long-term declines now mean that homeownership rates are on par with metro rates, though still above county and national rates. Traditionally, high rates of homeownership are indicative of a more stable population that remains in the community for long periods of time. However, structural change in the for-sale housing market due to the recent housing bust is making homeownership less attractive. This may result in more long-term or “lifestyle” renters who choose to not own their housing, though they may have the means to do so. 39%47%44%64%20%22%17%19%0% 10% 20% 30% 40% 50% 60% 70% US Metro Ramsey County Mounds ViewPercent of Households1970 1980 1990 2000 2010 Source: U.S. Census Figure 13: Married Couples with Children 63%66%62%77%65%70%61%70%50% 55% 60% 65% 70% 75% 80% US Metro Ramsey County Mounds ViewPercent of Households1970 1980 1990 2000 2010 Source: U.S. Census Figure 14: Homeownership Rate