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Shorewood housing options attract residents at different life stages

By Steve Koczela
Sunday, Nov 16 2008, 04:56 PM

After posting the dataset last week, I started looking at the data to see what it can tell us beyond what has already been reported.  I started looking at our housing options and who lives there, and here is what I found.  There are distinct demographic groups living in our four housing options: single family homes, condos, duplexes, and apartment buildings. 

  1. Apartments. This group tends to be newer and lower income residents.  Almost half (46%) have been in Shorewood less than 5 years, 76% make less than $50,000 a year.  Apartment dwellers are less likely to be families; 65% are single-adult households, and only 9% have children in the household. 
  2. DuplexesThis appears to be the next step after apartment living in Shorewood.  Duplex dwellers are less likely to live alone (39%), more likely to have children (29%), and have a higher income profile (40% make under $50K) than is the case for apartment households.
  3. Single Family Homes.  This group has been here the longest, with 55% living in Shorewood 16 or more years.  Eight in ten (82%) of these households have two or more adults, 50% have children, and 30% have 2 or more children.  Their income profile is much higher than the renter groups, with 60% making $100,000 or more.
  4. Condominiums.  With people at both ends of the spectrum on income and length of residency, this group appears to be a mix of young people and retirees.  Nearly six in ten (57%) Shorewood condo households contain at least one retiree.  This number surprised me, so if you have a thought on why it is, please post a comment.  Could it be the Eastwood condos? 

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