search

2018 Havana BID District Demographics

November 13th, 2018

The Havana Business Improvement District, d.b.a. On Havana Street, paid to have Demographic Comparison Reports through DemographicReports.com run in November 2015, 2017 and 2018 to track our progress and provide business owners, neighbors and investors a detailed snapshot of the area.  We requested data in three rings around the intersection of Mississippi & Havana (1100 S Havana) which is the center of the Havana District.  The rings were 1-mile radius, 3-mile radius and 5-mile radius around 1100 S Havana.

Here are the links to the full demographic reports from both years which include maps, population, income, employment and spending data for the area.

November 2015 Havana BID Demographics Report

November 2017 Havana BID Demographic Report

November 2018 Havana BID Demographics Report

 

Brief Summary:  We compared a few of the report categories, calculating the percent of change, positive or negative.

From the data, we see that today, in November 2018, the population decreased slightly for ages 20-54, ages 55-74 saw an increase in population and overall population increase in diversity.

Income Data 2018 vs. 2017:  The Total Aggregate Income of the area is up an average of 26.8% in 2017 over 2015, when averaging the three rings of the study.  Then the Total Aggregate Income of the area is up an average of 4.78% in 2018 over 2017.

The average family income is up 10.17% in a 1-mile radius around Havana. The average home value in a 1-mile radius around Havana saw a 22.75% increase in value.

 

 HAVANA BID DEMOGRAPHICS 2015 2017 2018 CHANGE    %  +/-  2018/2017 Comparison
TOTAL AGGREGATE INCOME (IN MILLIONS)
1 MILE RING $669.40 $832.60 $872.40 $39.80 4.78%
3 MILE RING $4,799.30 $6,088.50 $6,327.80 $239.30 3.93%
5 MILE RING $13,883.50 $17,937.40 $18,780.10 $842.70 4.70%
PER CAPITA INCOME
1 MILE RING $22,873 $28,132 $29,992 $1,860 6.61%
3 MILE RING $24,234 $30,744 $31,798 $1,054 3.43%
5 MILE RING $29,343 $37,351 $39,000 $1,649 4.41%
MEDIAN FAMILY INCOME
1 MILE RING $47,219 $57,983 $61,465 $3,482 6.01%
3 MILE RING $55,673 $65,852 $68,608 $2,756 4.19%
5 MILE RING $70,062 $81,605 $85,227 $3,622 4.44%
AVERAGE FAMILY INCOME 2015 2017 2018 Change % +/-
1 MILE RING $55,813 $69,133 $76,163 $7,030 10.17%
3 MILE RING $65,942 $84,326 $88,944 $4,618 5.48%
5 MILE RING $84,537 $109,060 $116,281 $7,221 6.62%
TOTAL POPULATION
1 MILE RING 29,264 29,596 29,087 -509 -1.72%
3 MILE RING 198,044 198,039 199,001 962 0.49%
5 MILE RING 473,144 480,242 481,540 1,298 0.27%
MILLENNIALS (AGES 20-34)
1 MILE RING 7,371 7,610 7,225 -385 -5.06%
3 MILE RING 48,074 48,445 48,807 362 0.75%
5 MILE RING 112,532 116,441 116,572 131 0.11%
GEN X (AGES 35-54)
1 MILE RING 7,299 7,291 7,107 -184 -2.52%
3 MILE RING 51,046 50,650 50,961 311 0.61%
5 MILE RING 127,771 129,618 129,887 269 0.21%
BOOMERS (AGES 55-74)
1 MILE RING 5,678 5,734 6,072 338 5.89%
3 MILE RING 37,273 38,259 39,176 917 2.40%
5 MILE RING 87,570 90,363 92,417 2,054 2.27%
AVERAGE HOME VALUE
1 MILE RING $180,678 $269,881 $331,282 $61,401 22.75%
3 MILE RING $208,500 $302,527 $358,132 $55,605 18.38%
5 MILE RING $284,218 $348,650 $413,779 $65,129 18.68%

 

Other Useful Reports:

ESRI Havana_BID_Household_Budget_Expenditures

ESRI Havana_BID_Retail_Goods_and_Services_Expenditures

ESRI Havana_BID_Retail_MarketPlace_Profile

ESRI Havana_Iliff_Report

These reports were shared with the Havana Business Improvement District by a City of Aurora Socioeconomic Planner.