EDA Packet 12.19.17 - Laserfiche WebLink

Home

Housing Trends Changing Demographics While population growth slowed in the last 10 years, the number of people living in Hugo is expected to continue growing. As the population grows, the City will need to plan housing types that address the changing needs of different types of populations and changing household structures. Changing Population As the population in Hugo continues to grow, the population also continues to change. Chapter 2 (Community Background), notes that from 2010-2015 there was a 10% decline in population of 25 to 34 - year old age range, while all other age cohorts continued to grow. As a percentage of population, there are declines in not only 25 to 34 -year old age range, there is also a decline in the number of people under 15 and people in the 35 -54 -year old range. Those residents in the 15 to 24 -year old age range saw a slight increase in numbers as a percentage of population. Residents over 55 grew as a percentage of the population. This indicates that there may be an increase in demand for smaller housing units, senior housing, and amenities that are near aging residents. In addition to aging residents, the number of non-white residents is slowly increasing. State trends indicate that non-white populations will continue to grow in communities throughout the state. As these populations grow, policymakers should continue to reach out to new minority populations to better understand housing needs. HUGO 2040 COMPREHENSIVE PLAN UPDATE Age of Hugo Residents as a Percentage of Population 40% 35% 30% — 25% 20% 15% 10% 5% 0% Under 15 Figure 4-1 Household Composition 15-24 25-34 35-54 55-74 75 and over ■ 1990 ■ 2000 —2010 2015 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Figure 4-2 Household Type as a Percentage of Population III III III III III Familieswithout Lived alone Marriedfamilies Non -family Unmarried families children with children households with children ■ 2000 ■ 2010 ■ 2015 3oum us census Bureau As noted in Chapter 2 (Community Background), the composition of households in the community has changed from 2000-2015. While the need for different housing types has increased due to the increasing population, Figure xx shows that the composition of households has also driven a demand for different housing types. Data shows that one of the most significant changes over the last 20 years has been a decline in the number of married families with children and the increasing number of people who live along in their household. These changes in household composition is reflected in the decline of household size from 2.99 people per household in 2000 to 2.65 people per household in 2010. The change in household composition is consistent with regional trends that show an increase in the number of people who are living alone. HOUSING 87