HomeMy WebLinkAbout2024-01-29 Anoka County Housing Needs Assessment Handout
Housing
2023
Assessment
October
County
Needs
Anoka
area
metro
but
Cities
markets
Twin
all
in
and
units
2030
households
2.3%
of
County
prices
decrease
housing
rate
income
through
to
new
home
Anoka
in
vacancy
sale
housing
moderate
18,041
continues
of
for
with
growth
in
for
and
remain
types
low
all
market
for
increase
demand
for
affordability
household
shortages
rental
Findings
RobustLaborTightDramaticHousingespeciallyDemandPotential
Key¤¤¤¤¤¤¤
and
some
housing
for
a
units
limited
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very
piece
despite
continue
new
ƚĭĭǒƦźĻķ
with
to
of
missing
a
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county
is
households,
expected
segments
the
is
БͲЋВЎ
add
areas
Α
development
to
2030
across
rural
industry
and
industries
strong
units
Pandemic
projected
more
many
2023
continues
communities
in
in
the
person
area
in
units
demand
from
affordable
experienced
between
for
continue
for
Metro
ͻƭǒĬǒƩĬğƓͼ
has
rental
Demand
ǒƓźƷƭ
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Occupancy
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ThedownturnLaborShortagestime.AnokaproductProductionStrongvacantGeneral ЍͲЎЉВ
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general
the
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ǒƓźƷƭ
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units
ЎͲЋЌА
666
1,269
demand
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rate2,758
housing
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Senior¤¤¤¤
2
Ramsey
average
or
rents
but
construction
Hennepin
new
$90,027
to
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construction
0.58
county
is
new
County,
County
the
County
inthe
jobs
Exporter
month
to
Anoka
Anoka
per
jobs
Anoka
in
afford
in
for
Jobs
from
jobs
a
ĭğƓƷ
lower
$1,600
residents
is
be
income
$64,212
paying
to
commute
exceed
workers
was
employed
tend
higher
rents
of
County
2022
household
for
County
rents
residents
in
ratio
TheManyCountyMedianwageWhilebedroomAnoka
Anoka¤¤¤¤¤
of
cost
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are
income
general
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than
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their
rent
ΑБЋі
has
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rent
more
for
year
30%
gross
per
paying
income
than
Development
their
more
$35,000
adjusted
of
burdened
Urban
pay
than
50%
cost
and
less
burdened
than
renters
ŷƚǒƭĻŷƚƌķƭ
of
a
cost
Renters
severely
Housing
making
ofburdened
more
42%
of
rent
them
60%
pay
cost
30%
for
of
with
County,
making
renters
households
Burden
severely
income
of
Department
rent
Anoka
ThebenchmarkInfor22%themRenterburdenedtheir
Cost¤¤¤¤
of
30%
than
numbers
than
more
burdened
the
more
cost
housing
paying
year
per
paying
severely
affordable
burdened,
32%
or
$50,000
burdened,cost
and
than
wages
cost
less
housing
are
severely
Homeowners
higher
burdened
for
are
earning
housing
cost
either
for
is
income
58%
homeowners
to
alltheir
homeowners
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income
ofof
solution
homeowners
of
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lot
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meet
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meet
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luxury
or
year
and
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are
needed
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that
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of
affordable
Production
units
units
townhome
production
efforts
200
for
1,935
150
sector
availability
affordable
Housing increasing
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are
require
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3,083
an
has
and
for
demand
decade
would
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Affordable¤¤¤¤¤¤
their
in
family
is
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andsingle
than
County
growth
other
Anoka
highest
townhomes
products
have
impacts
Generation
and
to
for
villas
demand
projected
substantially
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is
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maintained
size
housing
homes
Baby
years
population
populationshifts
AssociationSecond
¤¤
AgingThisseniorThisHousehold
Aging¤¤¤¤
at
$416,870
area
$500,000
was
wars
metro
price
2023
in
months
in
bidding
pricethan
median
homes
creates
resale
rather
$329,000)
family
family
days
single
County
median
housing
be
to
ΑƭźƓŭƌĻ
level
lowest
Ramsey
nd
Cities
2
of
entry
construction
continues
on
Twin
had
2018
front
new
(in
offers
Sales
market
from
resale
County
area
on
46%
MedianUpAnoka$378,000TimeMultipleMetro
Home¤¤¤¤¤¤
10.7%
by
projected
grow
to
growth
household
anticipated
2030
of
8.7%
rates
at
2020
households
County
anticipated
proportional
Growth
28%
Anoka
20
growth
highest
households)
Lakes
with
Francis
decade
Hilltop
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¤¤¤¤
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people
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the
size
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4.5
shifts
over
ǒƦͼ
higher
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household
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National
ͻķƚǒĬƌźƓŭ
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shrunk
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population,
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of
Size economic
trends
employees
aging
the
declining
off
to
members
continued
after
been
lifestyle
laid
due
has
economy
and
size;
showed
Household
household
size
increase
the
decline
of
1960
family
renters
and
in
Census
term
to
3.2
HouseholdNumberto2020LongsmallervaluesTemporarydue
Average¤¤¤¤¤
larger
2030
people)
County
people
slightly
2.55
2.80
2030
through
downsizing
to
size
attract
(average
Α!ƓƚƉğ
will
stable
decreasing
households
Size
household
counties
remain
older
to
Counites
area
development
County
offset
metro
will
Ramsey
expected
7
Anoka
housing
Household
of
and
end
County
families
family
Average
2020HigherAnokaHennepinYoungSinglehouseholds
Average¤¤¤¤¤¤
County
75+
but
34
25
aged
Anoka
County
aged
2021
persons
in
Anoka
another
those
of
to
of
from
move
5.2%
20%
to
not
moved
moved
did
often:
4.1%
5.4%
compared
more
moved:
year
households
moved:
that
moved
last
that
Mobility
Countythe
Minnesota
residents
residents
Anokawithin
in
residents
of
thethose
89%OfstayedOflocationYoungermoved
Household¤¤¤¤
for
2040
largest
alone
accounting
the
44
lease
accounting
at
community
35
American
age
County
comprise
County
through
Hilltop
African
those
Anoka
alone
city
in
or
Anoka
in
were
County
48%
WhiteBlack
largest
to
every
group
asas
in
cohort
the
Anoka
in
racerace
racial
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remain
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theirtheir
Trends
adult
to
inlargest
population
population
the
97%
next
identifyidentify
largest
of
the
population
the
expected
of
the
from
whowho
is
up
the
of
14%
2023
BlaineInforPeopleproportionrangingPeoplemade8%
Demographic¤¤¤¤
the
have
in
to
from
living
grow
estimated
residents
to
people
ΑЍЍі
housing
were
two
their
of
their
have
estimated
renters
County
is
of
own
ΑЋ͵Аі
2028
Anoka
in
household
County
in
households
renters
the
percentage
in
households
Anoka
Trends
renting
$106,359
in
fewest
occupied
to
living
the
highest
County
income
2023
has
the
owner
person
in
Anokahouseholds
has
of
ofofone
Grove
Household$90,02781%OakAnoka39%only38.5%home
Demographic¤¤¤¤¤¤
at
32.7%
at
lowest
highest
share
the
the
had
has
largest
the
Anoka
Lakes
families
up
Lino
are
make
$579,563;
County,
at
County
children
worth
Anoka
Anoka
Trends
in
in
net
without
cities
median
couples
major
households
of
70%MarriedAmongestimated$108,403
Demographic¤¤¤
all
bounced
(Great
2020
closed
of
have
2011
years
and
to
two
spring
2008
home
in
jobs
over
stay
estimated
filed
is
between
113,111
15.1%
jobs
claims
to
by
workers
restaurants
County
Trends
106,387
and
to
110,050
Anoka
essential
bars
increasing
rebounded
had
non
2022
Growth
unemployment
and
decreased
of
and
County
including
jobs
required
employment
2020
recovery
of
Anoka
number
venues
job
with
2000
InNumberRecession)2020RecordLockdownpublicBetweenback
Employment¤¤¤¤¤¤
2040
Blaine,
11.7%
shortages
cities
through
5
Rapids,
by
labor
jobs
Coon
these
of
growth
in
County
rebounded
cities:
137,890
5
strong
occur
indicative
in
jobs
to
Anoka
have
be
in
to
can
Metro
located
continued
jobs
are
anticipated
rates
forecast
Cities
with
is
is
jobs
147,220
wages
Twin
2022
Trends
Ramsey
on
growth
the
County
show
and
and
County
job
unemployment
2020
Anoka
pressure
Anoka
Anokanew
low
forecasts
ofof
2030comparison,
By2040Bybetween75%Fridley,66%Ultraputting
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4603
Skepper,
324
KarenGovernmentkaren.skepper@anokacountymn.gov763