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01-14-19-R
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01-14-19-R
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1/10/2019 4:26:59 PM
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City of Arden Hills – 2040 Comprehensive Plan <br /> <br /> <br />Approved: January 14, 2019 <br />7-10 <br />The average housing value in 2015 was $281,300. Based on 2015 assessed property <br />values from Ramsey County (Figure 7.6) 34.3 percent of the housing was at or below <br />the affordable home price of $238,500 and approximately 12.5 percent was at or below <br />$150,500. <br />The following table illustrates the assessed values of owner-occupied housing units in <br />Arden Hills. Values are differentiated above and below the 80% Area Median Income of <br />$240,000. <br />Table 7.6 – Owner Occupied Housing in Arden Hills by Affordability Bands <br />Housing Values Affordability Band Parcels Percent <br />$1 - $84,500 30% and Below AMI 21 1.0% <br />$84,501 - $150,500 30% - 50% AMI 252 11.5% <br />$150,501 - $238,500 50% - 80% AMI 480 21.8% <br />$238,501 - $409,000 81% - 135% AMI 1051 47.8% <br />$409,001 - $694,000 136% - 200% 312 14.2% <br />$604,001 and Above Greater than 200% AMI 81 3.7% <br />Total Owner Occupied Housing Units 2,197 100% <br />
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