2. MetroCOG workforce housing study

Estimates and Proiections of Growth in Population, Households, Owner/Renter and Median Income 2000-2010 and 2005-20108 From 2000 to 2010, the population in the MSA is projected to increase by 25,339. The number of households is projected to grow by 15,631. The metro area will receive most of the increase in population and households. The metro area population is projected to grow by 21,295, capturing 84% of the MSA population growth. The number of metro area households is projected to increase by 12,071, capturing 77% of the household growth in the MSA. Within the metro area's five submarkets since 2000, there has been a change in the rate of growth of population and households from the previous decade of the 1990s. In the 1990s the fastest growing area was Fargo-South that nearly doubled in population and households: population increased by 12,881 and households by 5,414. That is the largest increase of any other submarket. Fargo North had the second largest increase of 4,682 people and an increase of 4,364 households. The next fastest growing area was West Fargo whose population increased by 30% and the number of households by 50% although the increase in numbers was smaller (3,487 population increase and 2,172 household increase). Dilworth, while a small city, experienced a 22% increase in population and 28% growth inhouseholds (585 people and 275 additional households). Because of its small size, this growth had a significant impact on the community. Moorhead's demographic change in the 1990s was unique. It's population remained relatively stable, but it experienced a 9% increase in households (1,024 additional households). Overall growth of the five submarkets from 2000-2010 is projected to be less than the 1990s. Projections indicate that Fargo North will experience the greatest increase in the number of people and households (7,296 population increase and 5,190 additional households). Fargo South will continue to grow but in second place, followed by West Fargo. Moorhead's rate of household growth is projected to be higher in this 2000 decade (12.1 %) than during the 1990s (9.2%). In terms of numbers that is~the population will grow by 2,721; the households by 1,473. Dilworth is projected to increase by 297 people and 203 households. From 2005 to 2010, based on projections provided by ESRI, Incorporated, The Danter Company and Metro COG, total increase in households for the MSA is projected to be 7,815. For the submarkets, the projected increase in number of households from 2005 to 2010 is 6,099. · See Appendix for Households in 2000, Estimates for 2005 and Projections for 2010 8 Linda S. Donnelly. .'\.I.C.I'. ;\ ugust 2006