Merrimack Valley Chamber of Commerce: The Biggest and the Best
MERRIMACK VALLEY REGIONAL HOUSING PLAN:...
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MERRIMACK VALLEY REGIONAL HOUSING PLAN: INDICATORS OF HOUSING NEED POPULATION AGE Source: U.S. Decennial Census, 2000 and 2010; UMASS Donahue Institute Age Sex Details, 2013; American Community Survey 2011-2015, S0101 2000 CENSUS 2010 CENSUS 2015 ESTIMATE 2035 PROJECTION under 5 years 7% 6% 6% 20–34 years 18% 17% 18% 6% 5–19 years 23% 22% 21% 18% 15% 34–65 years 40% 43% 43% 38% 65+ years 12% 12% 13% 23% The number of adults over 65-years-old is projected to increase and school-age children to decrease. PEOPLE IN THE REGION THAT REPORT HAVING A PHYSICAL, COGNITIVE, OR MENTAL DISABILITY Source: 2011-2015 ACS 5-year estimates, Table S1810 11% more than one in every ten residents in the region reports having a disability 33% one in three older adults (age 65+) report having a disability PERCENT CHANGE IN SINGLE-PERSON HOUSEHOLDS, 2000–2015 Source: US Census 2000 and ACS 2011-2015 -0.5% Lawrence 0.2% Methuen 4% Haverhill 5% Boxford 6% Newburyport 9% Andover 12% North Andover 14% Newbury 15% Salisbury 16% Merrimac 20% Amesbury 21% Rowley 26% West Newbury 33% Georgetown 76% Groveland 2016 MEDIAN SALES PRICE FOR ALL UNITS Source: The Warren Group MERRIMAC $262,000 HAVERHILL $264,000 LAWRENCE $300,000 METHUEN $280,000 AMESBURY $339,900 $300,000 SALISBURY NEWBURY GROVELAND $390,000 $360,000 GEORGETOWN $415,000 ROWLEY $400,000 NORTH ANDOVER $463,500 $455,000 NEWBURYPORT BOXFORD $545,000 WEST NEWBURY $606,500 $551,000 ANDOVER PERCENT OF ESTIMATED HOUSEHOLDS WITH INCOME AT OR BELOW 80% AMI * denotes Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area (all others are Lawrence, MA-NH HUD Metro FMR Area) Source: CHAS, ACS 2010-2014 NORTH ANDOVER BOXFORD GEORGETOWN WEST NEWBURY ANDOVER NEWBURY* SALISBURY* ROWLEY* 32% 31% GROVELAND 35% NEWBURYPORT* 35% AMESBURY* 39% 37% MERRIMAC LAWRENCE 42% METHUEN 70% 44% HAVERHILL 16% 22% 25% 23% 27% 27% RENTAL AFFORDABILITY IN THE MERRIMACK VALLEY *Note: This finding is based on the author's limited survey of rental listings in July and August 2017. | Source: ACS 2011-2015 There were no units that a household with the median renter income could afford in any community in the region during the summer 2017.* Maximum rent affordable to renter households with the median rent in each community. Amesbury $720 Lawrence $805 Salisbury $877 Methuen $810 Haverhill $925 $892 Merrimac Boxford $1,081 $989 North Andover $1,200 Rowley $1,097 Newburyport $1,097 West Newbury $1,211 Georgetown Newbury $1,233 Groveland $1,491 $1,341 Andover MEDIAN HOUSEHOLD INCOME Source: ACS 2011-2015 AMESBURY $34,852 LAWRENCE $60,888 HAVERHILL $71,392 METHUEN $69,500 SALISBURY $76,558 $73,986 MERRIMAC GEORGETOWN NEWBURYPORT $86,820 $85,556 ROWLEY $95,208 GROVELAND $91,168 NEWBURY $107,683 $100,286 NORTH ANDOVER BOXFORD $129,082 ANDOVER $140,268 $131,167 WEST NEWBURY MEDIAN RENTER HOUSEHOLD INCOME Source: ACS 2011-2015 AMESBURY LAWRENCE HAVERHILL METHUEN SALISBURY MERRIMAC GEORGETOWN NEWBURYPORT ROWLEY GROVELAND NEWBURY NORTH ANDOVER BOXFORD ANDOVER WEST NEWBURY $28,833 $32,411 $32,218 $35,090 $35,690 $40,083 $43,864 $48,125 $59,648 $49,333 $43,252 $48,438 $53,648 $43,889 $39,545 J M Goldson
Transcript of MERRIMACK VALLEY REGIONAL HOUSING PLAN:...
MERRIMACK VALLEY REGIONAL HOUSING PLAN: INDICATORS OF HOUSING NEED
POPULATION AGE
Source: U.S. Decennial Census, 2000 and 2010; UMASS Donahue Institute Age Sex Details, 2013; American Community Survey 2011-2015, S0101
2000CENSUS
2010CENSUS
2015ESTIMATE
2035PROJECTION
under 5years 7% 6% 6%
20–34years 18% 17% 18%
6%
5–19years 23% 22% 21% 18%
15%
34–65years 40% 43% 43% 38%
65+years 12% 12% 13% 23%
The number of adults over 65-years-old is projected to increase and school-age children to decrease.
PEOPLE IN THE REGION THAT REPORT HAVING A PHYSICAL, COGNITIVE, OR MENTAL DISABILITY
Source: 2011-2015 ACS 5-year estimates, Table S1810
11%more than one in every ten residents in the regionreports having a disability
33%one in three older adults (age 65+) report having a disability
PERCENT CHANGE IN SINGLE-PERSON HOUSEHOLDS, 2000–2015
Source: US Census 2000 and ACS 2011-2015
-0.5% Lawrence
0.2% Methuen
4% Haverhill
5% Boxford
6% Newburyport
9% Andover
12% North Andover
14% Newbury
15% Salisbury
16% Merrimac
20% Amesbury
21% Rowley
26% West Newbury
33% Georgetown
76% Groveland
2016 MEDIAN SALES PRICE FOR ALL UNITS
Source: The Warren Group
MERRIMAC
$262,000HAVERHILL
$264,000LAWRENCE
$300,000METHUEN
$280,000AMESBURY
$339,900
$300,000SALISBURY
NEWBURY
GROVELAND
$390,000
$360,000
GEORGETOWN
$415,000ROWLEY
$400,000NORTH ANDOVER
$463,500
$455,000NEWBURYPORT
BOXFORD
$545,000WEST NEWBURY
$606,500
$551,000ANDOVER
PERCENT OF ESTIMATED HOUSEHOLDS WITH INCOME AT OR BELOW 80% AMI
* denotes Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area (all others are Lawrence, MA-NH HUD Metro FMR Area) Source: CHAS, ACS 2010-2014
NORTH ANDOVER
BOXFORD
GEORGETOWN
WEST NEWBURY
ANDOVER
NEWBURY*
SALISBURY*
ROWLEY*
32%
31%
GROVELAND
35%NEWBURYPORT*
35%AMESBURY*
39%
37%MERRIMAC
LAWRENCE
42%METHUEN
70%
44%HAVERHILL
16%
22%
25%
23%
27%
27%
RENTAL AFFORDABILITY IN THE MERRIMACK VALLEY
*Note: This �nding is based on the author's limited survey of rental listings in July and August 2017. | Source: ACS 2011-2015
There were no units that a household with the median renter income could a�ord in any community in the region during the summer 2017.*
Maximum rent a�ordable to renter households with the median rent in each community.
Amesbury
$720Lawrence
$805Salisbury
$877Methuen
$810Haverhill
$925
$892Merrimac
Boxford
$1,081
$989
North Andover
$1,200Rowley
$1,097Newburyport
$1,097West Newbury
$1,211Georgetown
Newbury
$1,233Groveland
$1,491
$1,341Andover
MEDIAN HOUSEHOLD INCOME
Source: ACS 2011-2015
AMESBURY
$34,852LAWRENCE
$60,888HAVERHILL
$71,392METHUEN
$69,500SALISBURY
$76,558
$73,986MERRIMAC
GEORGETOWN
NEWBURYPORT
$86,820
$85,556
ROWLEY
$95,208GROVELAND
$91,168NEWBURY
$107,683
$100,286NORTH ANDOVER
BOXFORD
$129,082ANDOVER
$140,268
$131,167WEST NEWBURY
MEDIAN RENTER HOUSEHOLD INCOME
Source: ACS 2011-2015
AMESBURY
LAWRENCE
HAVERHILL
METHUEN
SALISBURY
MERRIMAC
GEORGETOWN
NEWBURYPORT
ROWLEY
GROVELAND
NEWBURY
NORTH ANDOVER
BOXFORD
ANDOVER
WEST NEWBURY
$28,833
$32,411
$32,218
$35,090
$35,690
$40,083
$43,864
$48,125
$59,648
$49,333
$43,252
$48,438
$53,648
$43,889
$39,545
J M Goldson
