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

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Floyd County Comprehensive Plan - Demographic Data Report

FLOYD COUNTY COMPREHENSIVE PLAN STEERING COMMITTEE

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

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

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

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

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

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

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

Floyd County Comprehensive Plan – Data Demographic Report

Demographic Characteristics for Floyd County Planning Area – BY THE NUMBERS

So who are we?

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

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

Floyd County Comprehensive Plan – Data Demographic Report

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

Floyd County Comprehensive Plan – Data Demographic Report

2025 Population and Housing Activity

Each table will have a map of the entire countyThe purpose of the activity to determine the best locations for the

proposed number of housing units. RulesEach Blue dot represents single family detachedEach Red dot represents single family attached (patio or duplex) unitsEach Yellow dot represents multi-family units Blue dots = 50 single family unitsRed dots = 25 single family attached unitsYellow dots = 10 multi-family units

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