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City Council Agenda and Packet 2013 04 16 - PG 222 - ATTACHMENT #4
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City Council Agenda and Packet 2013 04 16 - PG 222 - ATTACHMENT #4
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3/11/2021 2:08:05 PM
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6/21/2013 12:41:18 PM
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City Council Records
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City Council Packet
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6D4
Record Series Code
45.010
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CCAGPKT 2013 04 16 - PG 222 - ATTACHMENT #4
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Economic and Market Assessment City of Louisville, CO <br /> Age Levels <br /> The median age of Louisville's residents is higher than that of the peer geographies and is increasing at a <br /> relatively fast rate. This may be due, in part, to Louisville's higher housing values relative to the County <br /> (discussed in a subsequent section of this report), the theory being that wealth is accumulated over <br /> time, and people generally "trade up" to higher value housing as they age. Of course, the converse often <br /> occurs as people retire. Nonetheless, Louisville's median age falls well within the 25-55 age bracket, <br /> which comprises the majority of the employed. The lowest 2010 median age among peer geographies is <br /> 31.7, in the City of Superior. <br /> Figure 3:Median Age <br /> 2000 2010 Change <br /> City of Louisville 35.8 38.9 8.7% <br /> City of Lafayette 33.8 37.0 9.5% <br /> City of Superior 30.6 31.7 3.6% <br /> City of Broomfield 33.8 36.7 8.6% <br /> Boulder County 33.5 35.3 5.4% <br /> City of Denver 33.1 33.7 1.8% <br /> State of Colorado 34.4 35.8 4.1% <br /> Source:US Census <br /> Race Distribution <br /> Figure 4 shows distribution of population by race in the peer geographies. <br /> Figure 4:Distribution by Race <br /> City of City of City of City of Boulder Denver <br /> Race/Ethnicity Louisville Lafayette Superior Broomfield County Metro Area <br /> White Alone 85.9% 74.4% 75.3% 79.4% 79.4% 52.2% <br /> Black Alone 0.6% 1.0% 0.8% 0.9% 0.8% 9.7% <br /> American Indian Alone 0.3% 0.4% 0.1% 0.4% 0.4% 0.6% <br /> Asian or Pacific islander alone 4.0% 3.8% 13.8% 6.1% 4.1% 3.4% <br /> Some Other Race Alone 0.2% 0.2% 0.2% 0.1% 0.2% 0.2% <br /> Two or More Races 1.9% 2.0% 3.1% 1.9% 1.9% 2.1% <br /> Hispanic Origin 7.2% 18.2% 6.6% 11.1% 13.3% 31.8% <br /> Source:CO Department of Local Affairs Demography Division <br /> 5 <br />
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