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<br />TWIN LAKES, Roseville, Minnesota
<br />Market Assessment & Demand Analysis
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<br />Retail-Restaurant Market Assessment
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<br />Table 12
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<br />Demographic Characteristics
<br />Twin Lakes Trade Area
<br /> 3-Minute 5-Minute 7-Minute
<br /> Drive Time Drive Time Drive Time
<br />Population
<br />2000 Total Population 22,079 87,479 200,832
<br />2004 Total Population 22,202 87,334 201,150
<br />2009 Total Population 22,516 88,465 205,022
<br />2004 - 2009 Annual Growth Rate 0.28% 0.26% 0.38%
<br />Median Age in 2004 40.3 38.0 35.0
<br />Households
<br />2000 Households 9,459 37,019 85,756
<br />2004 Households 9,673 37,500 86,990
<br />2009 Households 9,935 38,424 89,603
<br />2004 - 2009 Annual Growth Rate 0.54% 0.49% 0.59%
<br />Median Household Income
<br />2000 $49,251 $47,648 $43,303
<br />2004 $60,026 $58,326 $52,280
<br />2009 $79,057 $77,661 $68,385
<br />Median Home Value
<br />2000 $141,141 $133,176 $124,081
<br />2004 $198,708 $187,970 $175,415
<br />2009 $264,419 $247,734 $231,028
<br />2004 Households by Income
<br />Household Income Base 9,673 37,500 86,990
<br />< $15,000 7.4% 7.4% 10.9%
<br />$15,000 - $24,999 8.4% 8.8% 10.4%
<br />$25,000 - $34,999 9.9% 10.2% 10.7%
<br />$35,000 - $49,999 16.3% 16.2% 15.7%
<br />$50,000 - $74,999 19.6% 20.3% 19.7%
<br />$75,000 - $99,999 13.6% 13.3% 12.3%
<br />$100,000 - $149,999 16.2% 15.5% 13.1%
<br />$150,000 - $199,999 4.8% 4.6% 3.8%
<br />$200,000 + 3.7% 3.9% 3.4%
<br />Average Household Income $76,023 $76,451 $69,786
<br />2004 Employment (Daytime Adult Population) 34,782 74,897 170,000
<br />2004 Per Capita Spending on Retail (NAICS 44-45) N/A N/A $11,624
<br />2004 Per Capita Spending at Restaurants (NAICS 722) N/A N/A $1,994
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<br />Sources: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI BIS forecasts for 2004 and 2009.
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<br />GV A Marquette Advisors
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<br />Page 38
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