Laserfiche WebLink
{ <br />WARREN & ASSOCIATES <br />In comparison to the Charlotte MSA, the Planning Area currently has significantly higher shares <br />of population aged 45 to 64. Alternatively, the Charlotte MSA has a higher share of young <br />adults, aged 20 to 34. <br />3.2 Households <br />There are an estimated 6,350 households in the Planning Area, an increase of 72.1% since 2000 <br />(Table 3). The slightly higher growth rate in households over 69.8% for population indicates a <br />downward shift in average household size. Cabarrus County experienced a slower 33.7% growth <br />rate, from 49,519 households in 2000 to 66,228 households in 2009. Households in the Charlotte <br />MSA increased from 510,516 in 2000 to 676,740 in 2009, an increase of 32.6 %. <br />Fable 3: Household Trends Plannina <br />Area & Charlotte MSA 2000 -2009 <br />OMMM <br />Planning Area 3,689 <br />6,350 2,661 72.1% 6.2% <br />Cabarrus County 49,519 <br />66,228 16,709 33.7% 3.3% <br />Charlotte MSA 510,516 <br />676,740 166,224 32.6% 3.2% <br />Source: ESRI <br />3.2.1 Household Trends by Income Cohort <br />The Planning area experienced a strong increase in all household income cohorts over $75,000 <br />between 2000 and 2009 (Table 4). Households earning more than $100,000 currently comprise <br />the largest cohort in the Planning Area (29.5 %). <br />March 2010 APPENDIX D: HALUP MARKET ANALYSIS 9 <br />AUGUST 2010 <br />Attachment number 2 <br />G -1 Page 418 <br />Granh i - Pnnutatinn Charnc hu enn fl-k-.4 <br />