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2014.06.10 EDA Agenda Packet
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2014.06.10 EDA Agenda Packet
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1/11/2016 10:54:52 AM
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1/11/2016 10:19:48 AM
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Commissions
Meeting Date
6/16/2014
Document Type
Agenda/Packets
Commission Name
EDA
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City of <br />Up <br />Hugo is growing community, with the population expected to rise above 14,000 by 2018. <br />Population (2012)1 13,671 <br />Projected Population (2018)1 14,551 <br />(2030)' 40,000 <br />Households' 5,186 <br />Families' 3,853 <br />Average Household Size2 2.66 <br />Median Household Income' $82,690 <br />Per Capita Buying Income2 $33,544 <br />Home Ownership Rate2 85.6% <br />Median Household Value2 $228,900 <br />Median Age' 33.41 <br />Number of Businesses' 300 <br />Employees' 2,519 <br />Bachelor's Degree or Higher2 38.61% <br />POPULATION GROWTH <br />Znnn_2n>In <br />LARGE NUMBER OF YOUNG FAMILIES <br />40.4 % of households in Hugo have one or more people under the age of 18, compared to 31.8% <br />statewide. 2 <br />HIGHLY EDUCATED PEOPLE <br />Hugo residents are more highly educated than the state or nation with 38.61% of adults having earned <br />a Bachelor's degree or higher2. <br />'Applied Geographic Solutions, 2013, Accessed via greatermsp.org <br />2 U.S Census Bureau, Census 2010 <br />3 Metropolitan Council System Statement <br />City of Hugo - 14669 Fitzgerald Avenue North - (651) 762-6304 - www.ci.hugo.mn.us <br />
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