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City Council Agenda and Packet 2023 09 26 SP
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City Council Agenda and Packet 2023 09 26 SP
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5/7/2024 3:14:15 PM
Creation date
12/6/2023 10:39:19 AM
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City Council Records
Meeting Date
9/26/2023
Doc Type
City Council Packet
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9C6
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Exhibit 37: Change in Housing Mix, Louisville and Boulder County, 2011-2021 <br />Source: ACS 5-Year Data Tables, 2007-2011, 2017-2021 <br />2011 14% 22%,W % <br />m 2021 13% % <br />a� <br />2011 A 9% L 18%M <br />En <br />o 2021 9% <br />J <br />0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% <br />Single -Family Detached Plex Housing (Ito 4 units) <br />■Multifamily (5+ units) Mobile Home or Other <br />Exhibit 38 shows the nominal change in the number of each type of housing unit in Louisville <br />over the time period. Multifamily housing added the greatest number of units, adding an <br />additional 509 units, an increase of 37%. <br />Exhibit 38: Change in Housing Mix, Louisville, 2011-2021 <br />Source: ACS 5-Year Data Tables, 2007-2011, 2017-2021 <br />Single -Family Detached <br />5,614 <br />5,833 <br />219 <br />4% <br />Plex Housing (1 to 4 units) <br />712 <br />820 <br />108 <br />15% <br />Multifamily (5+ units) <br />1,394 <br />1,903 <br />509 <br />37% <br />Mobile Home or Other <br />53 <br />109 <br />56 <br />106% <br />Housing Tenure by Unit Type <br />Exhibit 39 provides a breakdown of housing tenure based on housing type in both Louisville <br />and the County. Overall, the distribution of housing types in Louisville is similar to that of the <br />County, with a smaller proportion of renters and homeowners living in plex housing. In <br />Louisville, the majority of homeowners (88%) reside in single-family detached housing, while <br />the majority of renters (57%) live in multifamily housing. Around 28% of renters in Louisville <br />live in single-family units, which could indicate that renters who might otherwise purchase a <br />single-family home (such as family renters) are unable to afford to do so. Additionally, only 7% <br />of homeowners in Louisville live in plex housing, suggesting an opportunity to expand these <br />types of housing to provide more affordable homeownership options in the city. <br />ECONorthwest 34 <br />41 <br />
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