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2/27/2023 <br />3 <br />The City <br />2.35 Total Square Miles <br />9,257 Population <br />20% seniors <br />20% children <br />$322,000 medium home value <br />40% without a mortgage <br />1,508 acres overall <br />44% Residential <br />8% Commercial/Industrial <br />14% Streets/Utilities/Railroad <br />34% Open Space/Park/Water <br />Current Households: 48% Single Family <br />Detached <br />52% Attached <br />Household “Tenure”:57% Owner-occupied <br />40% Renter-occupied <br />3% Vacant <br />Affordability:65% of all housing <br />affordable to households <br />at 80% of Average <br />Median Income <br />The City <br />854 cities in MN <br />Statutory Plan B <br />Mayor & Council - policy and legislative <br />City Manager - administration and operations <br />120 employees