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  2. Board Of Aldermen - Agenda - 10/27/2020 - P13

Board Of Aldermen - Agenda - 10/27/2020 - P13

By dnadmin on Sun, 11/06/2022 - 22:54
Document Date
Fri, 10/23/2020 - 14:45
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 10/27/2020 - 00:00
Page Number
13
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__102720…

Demographics & Housing Market Conditions

Household Composition

HOUSEHOLDS ARE INCREASING AT A FASTER RATE THAN THE POPULATION.

Change in Household Composition 2013-2018

Source: ACS 2013, 2018

2013

% 11% 30% .
m@ Married Couple

Male

Non-Family Female

Family Households Households

Living Alone

@ Not Living Alone
% 12% 30%

2018

HOUSEHOLD COMPOSITION REMAINS RELATIVELY UNCHANGED.

Nashua’s household composition remained relatively unchanged
between 2013-2018. Approximately 61% of all households are family
households comprised of one or more related individuals living together,
of which 16% are family households headed by a single parent.

Single-person households account for 30% of all households in Nashua
and have increased by about 600 over the five-year period. Nationally,
we have seen a larger increase in single-person households due to
delays in marriage, divorce rates, and seniors living alone.

Nashua Housing Study - 10

Change in
Households
2013-2018

Source: ACS 2013, 2018

Households by
Size and Tenure
2013-2018

Source: ACS 2013, 2018

Households by
Age of Householder
2013-2018

Source: ACS 2013, 2018

ASSOCIATES INC

HOUSEHOLD GROWTH OUTPACING POPULATION GROWTH.

Between 2013 and 2018, the number of households
in Nashua grew by over 4% while population grew
by 2%. Nashua added just under 1,500 new
households over the five-year period. Householders
living alone accounted for 37% of that growth.

GROWTH DRIVEN BY 1- AND 2-PERSON HOUSEHOLDS.

One- and two-person renter households increased by
12% and 22%, respectively. These 1,500 households
are accounting for the more rapid increase in
households compared to total population. Larger 4-
and 5-person households, particularly owner-
occupied households, are not increasing at nearly the
same rate.

OLDER RESIDENTS ARE DOMINATING NASHUA’S HOUSEHOLDS.

Households headed by a resident 65 years or older are
driving much of the population and household change in
Nashua. Nearly every category of household composition
tracked by the Census (family and non-family) shows
increases in 65+ households since 2013. The largest
increases were in married-couple households and
householders living alone.

Page Image
Board Of Aldermen - Agenda - 10/27/2020 - P13

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