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Strong Havana District Demographics

November 14th, 2017

The Havana Business Improvement District, d.b.a. On Havana Street, paid to have Demographic Comparison Reports through DemographicReports.com run in November 2015 and recently had the same report run in November 2017 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 District Demographics Report

November 2017 Havana District Demographic Report

Brief Summary:  We compared a few of the report categories, calculating the percent of change, positive or negative.  Comparing 2017 to 2015, we see that the population is slightly younger and more diverse.  Overall population growth is between 1 to 1.5% .  The area has seen gains in income and average home values.

2015 2017 CHANGE % +/-
TOTAL AGGREGATE INCOME (IN MILLIONS)        
1 MILE RING $669.4 $832.6 $163.2 24.4%
3 MILE RING $4,799.3 $6,088.5 $1,289.2 26.9%
5 MILE RING $13,883.5 $17,937.4 $4,053.9 29.2%
PER CAPITA INCOME
1 MILE RING $22,873 $28,132 $5,259 23.0%
3 MILE RING $24,234 $30,744 $6,510 26.9%
5 MILE RING $29,343 $37,351 $8,008 27.3%
MEDIAN FAMILY INCOME
1 MILE RING $47,219 $57,983 $10,764 22.8%
3 MILE RING $55,673 $65,852 $10,179 18.3%
5 MILE RING $70,062 $81,605 $11,543 16.5%
AVERAGE FAMILY INCOME
1 MILE RING $55,813 $69,133 $13,320 23.9%
3 MILE RING $65,942 $84,326 $18,384 27.9%
5 MILE RING $84,537 $109,060 $24,523 29.0%
TOTAL POPULATION
1 MILE RING 29,264 29,596 332 1.1%
3 MILE RING 198,044 198,039 -5 0.0%
5 MILE RING 473,144 480,242 7,098 1.5%
MILLENIALS (AGES 20-34)
1 MILE RING 7,371 7,610 239 3.2%
3 MILE RING 48,074 48,445 371 0.8%
5 MILE RING 112,532 116,441 3,909 3.5%
GEN X (AGES 35-54)
1 MILE RING 7,299 7,291 -8 -0.1%
3 MILE RING 51,046 50,650 -396 -0.8%
5 MILE RING 127,771 129,618 1,847 1.4%
BOOMERS (AGES 55-74)
1 MILE RING 5,678 5,734 56 1.0%
3 MILE RING 37,273 38,259 986 2.6%
5 MILE RING 87,570 90,363 2,793 3.2%
AVERAGE HOME VALUE
1 MILE RING $180,678 $269,881 $89,203 49.4%
3 MILE RING $208,500 $302,527 $94,027 45.1%
5 MILE RING $284,218 $348,650 $64,432 22.7%