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Approximately 5% of the multi - family population is children, while 28% (2,539) are senior over the age of 55. The number of multi - family complexes where children represent more than 10% of the population is limited to 15 of 98 fatal complexes. The number of multi - family complexes where seniors represent more than 10% of the population is 42 of 98 totsl complexes, explaining the differenfi service needs of some of these complexes_ w In terms of the number of residents, the top tee range from 447 to 262 and average 310 residents per complex -each comparable to a small neighborhood. However, the majority of the complexes have smaller populations; Tess than 100 residents per complex. Approximately 56% of the multi - family residents have lived in their home for more than five years. When renters move, 66% move to another rental property and 30% move to a Single family home. Between 22 -25% of all moves by multi - family residents are within the City of Roseville. Although the vacancy rate for rental property has decreased from 10% in 3990 to approximately Z% in 2000 and increased in 2002 by b %, the turn -over rate remains as high as 30% per year particularly as young adults move in and out. s Owners of multi - family housing (condos, townhomes, cooperatives) represent 25% of the total units. When condo owners move, nearly 55% go to a rental housing unit. Working adults represent 72% of the multi - family population. The City's multi - family housing: consists of 26% of the population (8,81.0); cowers 5% (453 acres) of the land area; has a marked value of $509 million (15% of total); and generates property taxes in excess of $5.b million (10% of total), Housing Plan — 2004 Page 6 Roseville HI