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Feasibility Study of a Potential New Youth and Amateur Sports Complex in Mounds View, Minnesota â—ŹPage 16
<br />LOCAL ®IONAL CONDITIONS2
<br />Source: Esri, 2022.
<br />Summary of Key Demographics Associated with Mounds View, Minnesota
<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 />DEMOGRAPHIC VARIABLE 15-Minutes 30-Minutes 90-Minutes 180-Minutes
<br />City of
<br />Mounds View
<br />Ramsey
<br />County
<br />State of
<br />Minnesota
<br />United
<br />States
<br />POPULATION:
<br />2010 Total Population 500,030 2,086,748 3,998,881 5,985,294 12,155 508,640 5,303,925 308,745,538
<br />2021 Total Population 544,415 2,290,424 4,408,431 6,460,746 12,807 536,985 5,762,325 333,934,112
<br />2026 Total Population 567,484 2,393,454 4,612,903 6,698,028 13,329 553,787 5,992,188 345,887,495
<br />Historical Annual Growth (2010-2020)0.89% 0.98% 1.02% 0.79% 0.54% 0.56% 0.86% 0.82%
<br />Projected Annual Growth (2021-2026)0.42% 0.45% 0.46% 0.37% 0.41% 0.31% 0.40% 0.36%
<br />AGE:
<br />Median Age 37.5 37.6 38.0 39.1 39.2 36.7 39.0 38.5
<br />Population age 25 to 44 26.49% 26.04% 26.84% 26.50% 28.10% 26.17% 26.06% 26.60%
<br />AGE DISTRIBUTION:
<br />Under 15 17.78% 18.19% 18.93% 18.36% 17.97% 18.20% 18.52% 18.40%
<br />15 to 24 13.94% 13.05% 12.88% 12.74% 10.82% 13.86% 12.60% 13.00%
<br />25 to 34 14.73% 14.98% 13.92% 13.36% 14.60% 15.56% 13.48% 14.00%
<br />35 to 44 13.41% 13.76% 13.61% 12.89% 13.92% 12.96% 12.97% 12.60%
<br />45 to 54 11.22% 11.78% 12.18% 11.92% 11.71% 10.77% 11.90% 12.50%
<br />55 and over 28.93% 28.25% 28.48% 30.72% 31.01% 28.67% 30.53% 29.50%
<br />HOUSEHOLD INCOME:
<br />Median Household Income $76,569 $78,817 $80,782 $73,265 $72,784 $69,113 $75,244 $62,203
<br />Per Capita Income $37,409 $41,661 $40,853 $37,841 $34,501 $36,404 $38,556 $34,136
<br />INCOME DISTRIBUTION:
<br />$0 to $24,999 12.95% 13.72% 12.40% 14.16% 12.21% 15.75% 13.93% 19.10%
<br />$25,000 to $49,999 18.57% 17.27% 16.86% 18.80% 21.51% 19.86% 18.29% 20.90%
<br />$50,000 to $74,999 17.14% 16.21% 16.56% 17.92% 17.40% 17.49% 17.58% 17.30%
<br />$75,000 to $99,999 15.78% 14.31% 14.48% 14.58% 16.58% 14.01% 14.53% 12.84%
<br />$100,000 to $149,999 19.74% 18.89% 19.83% 18.34% 23.42% 18.74% 18.63% 15.30%
<br />$150,000 or more 15.81% 19.60% 19.88% 16.20% 8.89% 14.15% 17.03% 14.80%
<br />POPULATION BY RACE/ETHNICITY:100.00%
<br />White/Caucasian 67.70% 69.37% 78.10% 82.37% 73.49% 61.99% 80.73% 72.40%
<br />Black/African American 13.10% 13.32% 8.91% 6.65% 7.80% 13.70% 7.30% 12.60%
<br />American Indian 0.78% 0.80% 0.70% 0.85% 0.73% 0.76% 1.22% 0.99%
<br />Asian 11.60% 9.26% 6.54% 5.04% 11.11% 16.20% 5.31% 4.80%
<br />Pacific Islander 0.04% 0.06% 0.06% 0.06% 0.11% 0.06% 0.06% 0.20%
<br />Other Race 2.76% 3.32% 2.50% 2.19% 2.73% 3.07% 2.35% 6.20%
<br />Two or More Races 4.00% 3.87% 3.21% 2.84% 4.02% 4.22% 3.03% 2.90%
<br />Hispanic Origin 6.21% 7.39% 5.98% 5.46% 6.00% 7.64% 5.83% 16.30%
<br />Diversity Index 56.8 56.2 44.8 38.5 50.4 63.1 41.2 60.6
<br />BUSINESS:
<br />Total Business 2021 17,783 81,910 146,233 233,229 219 18,141 206,473 11,994,763
<br />Total Employees 2021 299,379 1,473,654 2,395,345 3,512,200 4,128 349,723 3,142,038 146,120,824
<br />Employee/Residential Population Ratio 0.55:1 0.64:1 0.54:1 0.54:1 0.32:1 0.65:12 0.55:1 0.44:1
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