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<br /> <br /> <br /> <br /> <br />Excensus Select Demographics <br /> <br />Beginning in 1999 Excensus has produced detailed, current summary profiles of Twin Cities’ <br />communities including information about household composition, resident ages, the length of time <br />residents have lived in their home, their owner/renter status, as well as detailed information about the <br />value and attributes of their dwelling units. All of the following data and findings, prepared by Excensus <br />LLC, offers a different picture of how and why communities change and the specific role of housing in <br />shaping these changes. This information also provides relative demographic insights into New Brighton <br />in the years following the 2000 Census. Excensus LLC prepared the following Demographic Change <br />Report for the year 2007. Seven key findings were made, provided below, with corresponding tables to <br />help support such finding. <br /> <br />Key Findings <br /> <br />1. New Brighton’s resident base is aging, continuing a pattern that began two decades ago. <br />Between 1990 and 2000, the City’s base of younger households (ages 25 to 34) decreased by 21 <br />percent, families with children decreased by five percent, and children under age five decreased <br />by seven percent. The proportion of New Brighton households under age 45 since 2000 has <br />continued to fall – dropping from 45 percent of all households in 2000 to 36 percent in 2006. A <br />prolonged shift in the balance of householder ages in a community is an important indicator of <br />changing housing, education, transportation, and community service needs. <br /> <br />2. As the share of younger households has decreased, the share of older households has <br />increased. Growth in the older household segments (ages 55 to 64, 65 to 74, and 75 or older) has <br />shown consistent strong growth from 1990 to present. A total of 870 new households ages 55 or <br />older have been added in the years 2000 to 2006 alone. This age group now accounts for 42 <br />percent of all households in New Brighton, up from 35 percent in 2000. <br /> <br />3. Household and population counts show some increases from previous estimates. A total of <br />9,464 residential households were identified in this analysis, up from 9,013 reported in the 2000 <br />US Census. Little new construction growth has occurred during this period. Some of the <br />increase may be attributable to absorption of unoccupied housing. The number of families with <br />children has dropped since the 2000 Census. In 2006, an estimated 16 percent of all New <br />Brighton households were families with children down from 21 percent reported in the 2000 <br />Census. Household sizes have remained relatively stable. The City’s population in 2006 was <br />estimated at 23,261. <br /> <br />4. There is a clear relationship between the mix of resident ages and the composition of the <br />community’s housing stock. Rental housing, accounting for a third of all housing units, is home <br />to 78 percent of all households under the age of 25 and 54 percent of all households age 25 to 34. <br />Lower priced single family housing (tax value under $180,000) is the most evenly distributed <br />type of housing in the city. Higher value housing (tax value of $180,000 or more) accounts for 53 <br />percent of all housing units in New Brighton, but is home for 75 percent of all households ages 55 <br />to 74. In New Brighton, as in other communities, availability of rental and lower-priced single <br />family housing is critical to attracting a base of young and growing households. <br /> <br /> <br />3-14