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Market Analysis for Downtown Redevelopment
<br />LO C City of Centerville Economic Development Authority
<br />CONSULTING
<br />April 3, 2023
<br />2.3 Population and Population Growth
<br />5-Minute Drive Time
<br />10-Miute Drive Time
<br />15-Minute Drive Time
<br />Census
<br />2010
<br />6,041
<br />41,106
<br />148,880
<br />3,792
<br />Census
<br />2020
<br />6,517
<br />44,546
<br />168,179
<br />3,896
<br />Estimate
<br />2022
<br />7,210
<br />46,520
<br />173,257
<br />3,965
<br />Forecast
<br />2027
<br />7,760
<br />47,965
<br />176,251
<br />4,116
<br />Annual Growth
<br />2010-2022
<br />1.5%
<br />1.0%
<br />1.3%
<br />0.4%
<br />Rate
<br />2022-2027
<br />1.5%
<br />0.6%
<br />0.3%
<br />0.8%
<br />Centerville
<br />Columbus
<br />3,914
<br />4,159
<br />4,230
<br />4,327
<br />0.6%
<br />0.5%
<br />Forest Lake
<br />18,375
<br />20,611
<br />20,971
<br />21,818
<br />1.1%
<br />0.8%
<br />Hugo
<br />13,332
<br />15,766
<br />16,441
<br />17,264
<br />1.8%
<br />1.0%
<br />Lino Lakes
<br />20,216
<br />21,399
<br />22,095
<br />22,723
<br />0.7%
<br />0.6%
<br />North Oaks
<br />4,454
<br />5,272
<br />5,361
<br />5,305
<br />1.6%
<br />-0.2%
<br />White Bear Lake
<br />23,423
<br />24,486
<br />25,347
<br />25,038
<br />0.7%
<br />-0.2%
<br />White Bear Township
<br />10,850
<br />11,049
<br />11,182
<br />10,982
<br />0.3%
<br />-0.4%
<br />Downtown Centerville PMA
<br />98,356
<br />106,638
<br />109,592
<br />111,573
<br />0.9%
<br />0.4%
<br />Anoka County
<br />330,844
<br />363,887
<br />370,087
<br />378,170
<br />0.9%
<br />0.4%
<br />Minneapolis -St. Paul CBSA
<br />3,333,633
<br />3,690,261
<br />3,764,607
<br />3,839,797
<br />1.0%
<br />0.4%
<br />State of Minnesota
<br />5,303,925
<br />5,706,494
<br />5,780,843
<br />5,856,228
<br />0.7%
<br />0.3%
<br />United States
<br />308,745,538
<br />331,449,281
<br />335,707,897
<br />339,902,796
<br />0.7%
<br />0.2%
<br />Source: US Census Bureau; ESRI; LOCI Consulting LLC
<br />2.4 Population and Projected Growth Chart
<br />200,000
<br />1.6%
<br />180,000
<br />1.4%
<br />160,000
<br />1.2%
<br />s
<br />o
<br />140,000
<br />0
<br />120,000
<br />1,0%
<br />(9
<br />3
<br />100,000
<br />0.8%
<br />a
<br />a
<br />80,000
<br />,L
<br />0.6%
<br />a-
<br />60,DOD
<br />0.4%
<br />o
<br />0,000
<br />2D,oDD
<br />a.z°i°
<br />�
<br />0
<br />0.0%
<br />5-Minute Drive Time 10-Miute Drive Time 15-Minute Drive Time Downtown Centerville
<br />PMA
<br />■ 2022 Population a Proj, Growth 2022-2027 (Right Axis)
<br />Source: US Census Bureau; ESRI; LOCI Consulting LLC
<br />Page 24
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