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QLOCAL ®IONAL CONDITIONS
<br />Summary of Key Demographics Associated with Mounds View, Minnesota
<br />DRAFT COPY
<br />DLMOGRAPHIC VARIABLE
<br />POPULATION:
<br />2010 Total Population
<br />500,030
<br />2,086,748
<br />3,998,881
<br />5,985,294
<br />12,155
<br />508,640
<br />5,303,925
<br />308,745,538
<br />2021 Total Population
<br />544,415
<br />2,290,424
<br />4,408,431
<br />6,460,746
<br />12,807
<br />536,985
<br />5,762,325
<br />333,934,112
<br />2026 Total Population
<br />567,484
<br />2,393,454
<br />4,612,903
<br />6,698,028
<br />13,329
<br />553,787
<br />5,992,188
<br />345,887,495
<br />Historical Annual Growth (2010-2020)
<br />0.89%
<br />0.98%
<br />1.02%
<br />0.79%
<br />0.54%
<br />0.56%
<br />0.86%
<br />0.82%
<br />Projected Annual Growth (2021-2026)
<br />0.42%
<br />0.45 %
<br />0.46%
<br />0.37%
<br />0.41 %
<br />0.31 %
<br />0.40%
<br />0.36%
<br />AGE:
<br />Median Age
<br />37.5
<br />37.6
<br />38.0
<br />39.1
<br />39.2
<br />36.7
<br />39.0
<br />38.5
<br />Population age 25to44
<br />26.49%
<br />26.04%
<br />26.84%
<br />26.50%
<br />28.10%
<br />26.17%
<br />26.06%
<br />26.60%
<br />AGE DISTRIBUTION:
<br />Under15
<br />17.78%
<br />18.19%
<br />18.93%
<br />18.36%
<br />17.97%
<br />18.20%
<br />18.52%
<br />18.40%
<br />15to24
<br />13.94%
<br />13.05%
<br />12.88%
<br />12.74%
<br />10.82%
<br />13.86%
<br />12.60%
<br />13.00%
<br />25to34
<br />14.73%
<br />14.98%
<br />13.92%
<br />13.36%
<br />14.60%
<br />15.56%
<br />13.48%
<br />14.00 %
<br />35to44
<br />13.41%
<br />13.76%
<br />13.61%
<br />12.89%
<br />13.92%
<br />12.96%
<br />12.97%
<br />12.60%
<br />45to54
<br />11.22%
<br />11.78%
<br />12.18%
<br />11.92%
<br />11.71%
<br />10.77%
<br />11.90%
<br />12.50%
<br />55 and over
<br />28.93 %
<br />28.25%
<br />28.48 %
<br />30.72 %
<br />31.01 %
<br />28.67 %
<br />30.53 %
<br />29.50%
<br />HOUSEHOLD INCOME:
<br />Median Household Income
<br />$76,569
<br />$78,817
<br />$80,782
<br />$73,265
<br />$72,784
<br />$69,113
<br />$75,244
<br />$62,203
<br />Per Capita Income
<br />$37,409
<br />$41,661
<br />$40,853
<br />$37,841
<br />$34,501
<br />$36,404
<br />$38,556
<br />$34,136
<br />INCOME DISTRIBUTION:
<br />$0to$24,999
<br />12.95 %
<br />13.72%
<br />12.40%
<br />14.16%
<br />12.21 %
<br />15.75%
<br />13.93 %
<br />19.10%
<br />$25,000 to $49,999
<br />18.57 %
<br />17.27 %
<br />16.86 %
<br />18.80 %
<br />21.51 %
<br />19.86 %
<br />18.29 %
<br />20.90 %
<br />$50,000 to $74,999
<br />17.14%
<br />16.21%
<br />16.56%
<br />17.92%
<br />17.40%
<br />17.49%
<br />17.58%
<br />17.30%
<br />$75,000 to $99,999
<br />15.78 %
<br />14.31 %
<br />14.48 %
<br />14.58 %
<br />16.58 %
<br />14.01 %
<br />14.53 %
<br />12.84 %
<br />$100,000 to $149,999
<br />19.74%
<br />18.89%
<br />19.83%
<br />18.34%
<br />23.42%
<br />18.74%
<br />18.63%
<br />15.30%
<br />$150,000 or more
<br />15.81%
<br />19.60%
<br />19.88%
<br />16.20%
<br />8.89%
<br />14.15%
<br />17.03%
<br />14.80%
<br />POPULATION BY RACE/ETHNICITY:
<br />White/Caucasian
<br />67.70%
<br />69.37%
<br />78.10%
<br />82.37%
<br />73.49%
<br />61.99 %
<br />80.73%
<br />72.40%
<br />Black/African American
<br />13.10%
<br />13.32%
<br />8.91%
<br />6.65%
<br />7.80%
<br />13.70%
<br />7.30%
<br />12.60%
<br />American Indian
<br />0.78%
<br />0.80%
<br />0.70%
<br />0.85%
<br />0.73%
<br />0.76%
<br />1.22%
<br />0.99%
<br />Asian
<br />11.60%
<br />9.26%
<br />6.54%
<br />5.04%
<br />11.11 %
<br />16.20%
<br />5.31 %
<br />4.80%
<br />Pacific Islander
<br />0,04%
<br />0.06%
<br />0,06%
<br />0.06%
<br />0.11 %
<br />0,06%
<br />0.06%
<br />0.20%
<br />Other Race
<br />2.76%
<br />3.32%
<br />2.50 %
<br />2.19%
<br />2.73%
<br />3.07%
<br />2.35%
<br />6.20 %
<br />Two or More Races
<br />4.00%
<br />3.87%
<br />3.21%
<br />2.84%
<br />4.02%
<br />4.22%
<br />3.03%
<br />2.90%
<br />Hispanic Origin
<br />6.21%
<br />7.39%
<br />5.98%
<br />5.46%
<br />6.00%
<br />7.64%
<br />5.83%
<br />16.30%
<br />Diversity Index
<br />56.8
<br />56.2
<br />44.8
<br />38.5
<br />50.4
<br />63.1
<br />41.2
<br />60.6
<br />BUSINESS:
<br />Total Business 2021
<br />17,783
<br />81,910
<br />146,233
<br />233,229
<br />219
<br />18,141
<br />206,473
<br />11,994,763
<br />Total Employees 2021 '
<br />299,379
<br />1,473,654
<br />2,395,345
<br />3,512,200
<br />4,128A,
<br />349,723
<br />3,142,038
<br />146,120,824
<br />Employee/Residential Population Ratio
<br />0.55:1
<br />0.64:1
<br />0.54:1
<br />0.54:1
<br />0.32:1
<br />0.65:12
<br />0.55:1
<br />0.44:1
<br />Source: Esri, 2022.
<br />The level of population from which sports and recreation facilities will draw participants, both short-term and long-term, impacts
<br />the utilization of the facilities. Additionally, household income is another important socioeconomic characteristic of host markets
<br />that typically impacts facility performance. Income levels can serve as an indication of area households' ability to support sports
<br />and recreation in the region by paying league and registration fees and other costs associated with participation. The affluence
<br />of area households can also impact the types of programming that will be most successful at a sports and recreation facility.
<br />As is typical in most communities housing a sports and recreation facility of the nature being considered, the marketplace will
<br />likely be sensitive to material increases in sports registration fees that may become necessary to support the operations of a
<br />potential new Youth and Amateur Sports Complex. In developing fee structures for a potential new Youth and Amateur Sports
<br />Complex in Mounds View, it will be important to identify price points that allow local swim/sports/recreational organizations to
<br />afford to use the facility without pricing -out the participant base through increased participation/registration fees. To potentially
<br />mitigate the impact of lower household incomes, it may become important to emphasize the opportunities provided by a sports
<br />facility to youths from underprivileged families. Further, it may be beneficial to consider scholarship and other financial
<br />assistance programs to maximize utilization of the facility.
<br />C1
<br />.,,iS Feasibility Study of a Potential new Youth and Amateur Sports Complex in Mounds View, Minnesota 9 Page 16
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