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