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Floyd County Comprehensive Plan - Demographic Data Report FLOYD COUNTY COMPREHENSIVE PLAN STEERING COMMITTEE.

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Presentation on theme: "Floyd County Comprehensive Plan - Demographic Data Report FLOYD COUNTY COMPREHENSIVE PLAN STEERING COMMITTEE."— Presentation transcript:

1 Floyd County Comprehensive Plan - Demographic Data Report FLOYD COUNTY COMPREHENSIVE PLAN STEERING COMMITTEE

2 Floyd County Comprehensive Plan – Data Demographic Report

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9 Demographic Characteristics for Floyd County – BY THE NUMBERS  Population: 76,244  Households: 29,807  Median Age: 39.7 average  Household Size: 2.55 average  Household Ownership: 65.2 Owner Occupied Source * 2013 American Community Survey Estimate and Stats Indiana

10 Floyd County Comprehensive Plan – Data Demographic Report Demographic Characteristics for Floyd County – BY THE NUMBERS  Educational Attainment: 88.0 percent with High School Diploma or higher  Educational Attainment: 22.6 percent with Bachelor’s Degree or higher  Median Household Income: $53,961  Poverty Rate: 13.4 percent Source * 2013 American Community Survey Estimate and Stats Indiana

11 Floyd County Comprehensive Plan – Data Demographic Report Demographic Characteristics for Floyd County – BY THE NUMBERS  Floyd County (unincorporated areas)  Population: 35,529 – 46.6 percent of total  Households: 12,665 – 42.5 percent of total  Median Age: 41.0 average – 1.3 years old than total  Household Size: 2.8 average – ½ percent higher than total  Household Ownership: 91.3 Owner Occupied – 36 percent higher than total Source * 2013 American Community Survey Estimate and Stats Indiana

12 Floyd County Comprehensive Plan – Data Demographic Report Demographic Characteristics for Floyd County Planning Area – BY THE NUMBERS  Floyd County (unincorporated areas)  Educational Attainment: 91.5 percent with High School Diploma or higher – 3 percent higher than total  Educational Attainment: 25.7 percent with Bachelor’s Degree or higher -3 percent higher than total  Median Household Income: $73,140 - 35 percent higher income than total  Poverty Rate: 4.0 percent – 9.4 percent lower Source * 2013 American Community Survey Estimate and Stats Indiana

13 Floyd County Comprehensive Plan – Data Demographic Report  Income – More affluent than County and State as a whole  Education – More educated in terms of high school graduates, bachelor’s and advance degrees than County and State as a whole  Home Ownership – High percentage of home ownership among residents  Staying Put – More likely to have lived in same home for a long period of time  Larger Households – More likely to have larger households  Older – More likely to be older than County as whole and State

14 Floyd County Comprehensive Plan – Data Demographic Report  Trends  Population Growth has lagged near bottom of Metro Area for past twenty years in comparison  Population is getting older faster than State and Metro areas  Housing stock is getting older – median housing unit now – 30 years old  School Age population projects through Stats Indiana indicate a flat to slight reduction in school age children  Limited traditional industrial opportunities  2030 and beyond aging population will dramatically increase  Area is gaining in terms of residents with college and advanced degrees  Area is gaining in terms of residents income levels

15 Floyd County Comprehensive Plan – Data Demographic Report Demographic Characteristics for Floyd County Planning Area – BY THE NUMBERS So who are we?

16 Floyd County Comprehensive Plan – Data Demographic Report So who are we really … a descriptive approach  ERSI – Geographic Data and Analytics  Describes 67 unique demographic characteristics that make the population of United States  For our area – Five unique demographic groups emerged from their research  Green Acres  Salt of the Earth  Savy Surbanities  Soccer Moms  Middleburgs

17 Floyd County Comprehensive Plan – Data Demographic Report

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22  2025 Population and Housing Projections  Community will need to plan for between a 5.9 to 9.8 percent anticipated population growth  Stats Indiana has 5.9 percent growth rate  IUPUI Planning Model has 9.8 percent growth rate  Middle ground analysis – 8.0 percent population growth or 80,452 by 2025  New residents – 4,208 new residents by 2025  Housing units – 1,650 needed to accommodate growth of new residents

23 Floyd County Comprehensive Plan – Data Demographic Report  2025 Population and Housing Activity  Each table will have a map of the entire county  The purpose of the activity to determine the best locations for the proposed number of housing units.  Rules  Each Blue dot represents single family detached  Each Red dot represents single family attached (patio or duplex) units  Each Yellow dot represents multi-family units  Blue dots = 50 single family units  Red dots = 25 single family attached units  Yellow dots = 10 multi-family units

24 Floyd County Comprehensive Plan – Data Demographic Report 2025 Population and Housing Activity  Rules  At least fifty percent of the housing units must be located in the unincorporated areas  Red and Yellow dots for higher density must be located near to commercial areas and transportation corridors  Can not be placed inside flood plain or steep slope areas

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