2. SECONDARY MARKET AREA (SMA)

Following is key population and household data relative to the Secondary Market Area. The household income by age data for the SMA was used in our demand analysis section of this report.

a. Population Trends

The Site SMA population base for 1990, 2000, and 2005 (projected) are summarized as follows:

YEAR 1990 2000 2005 (CENSUS) (CENSUS) (PROJECTED) POPULATION POPULATION CHANGE PERCENT CHANGE

The ______Site SMA population base has increased by ____% between 1990 and 2000, an average annual rate of nearly ____%. The Site SMA is expected to increase by ____% between 2000 and 2005.

b. Household Trends

Household trends within the Site SMA are summarized as follows:

1990 2000 2005 (CENSUS) (CENSUS) (PROJECTED) HOUSEHOLDS HOUSEHOLD CHANGE PERCENT CHANGE AVERAGE HOUSEHOLD SIZE Source: Census; AGS; Vogt Williams & Bowen, LLC

Within the Site SMA, the total number of households has increased by ______(_____%) between 1990 and 2000. This equates to an annual average of _____%. It is projected that the total households will increase by ____% by 2005. The average household size increased from ____ in 1990 to _____in 2000, and is projected to remain at ____in 2005.

III-1 Pursuant to DCA market study guidelines, for projects targeting age 62+ householders, only householders age 65+ are permitted to be used in the demand analysis. As such, we have only provided SMA income data for householders age 65+.

HOUSEHOLD HOUSEHOLDERS AGE 65+ INCOME NUMBER PERCENT LESS THAN $10,000 $10,000 TO $14,999 $15,000 TO $24,999 $25,000 TO $34,999 $35,000 TO $49,000 $50,000 TO $74,999 $75,000 AND HIGHER TOTAL Source: Census (P55. Age of householder by household income)

As the preceding table illustrates, over ______of all senior (age 65+) households in the Site SMA have incomes below $______. Data from the preceding chart, along with projected household growth, are considered in our demand analysis.

III-2