Issues and Opportunities
. . . . . . . ASSOCIATES INC
Accommodating Future Growth 2030 Projections if 2018 Household 2030 Projections if 2018 Household
Composition Held Constant Composition Held Constant
Source: EMSI, ACS 2013, 2018, RKG Associates Source: EMSI, ACS 2013, 2018, RKG Associates
The tables to the right show the breakdown R
. . nter
of owner and renter households by HH Size Owner % of Total HH Size ente % of Total
household size for the two projection HHs HHs
scenarios. Under the “household
composition held constant” scenario, there 1-person 969 21.9% 1-person 877 40.4%
is a nearly even split of new households in 2-person 1,046 40.3% 2-person 602 27.7%
the owner and renter categories. Many new
households are skewed toward 1- and 2- 3-person 383 14.7% 3-person 341 15.7%
person households which are the two 4-person 398 15.3% 4-person 206 9.5%
predominant household size categories in
Nashua as of 2018. 5-or-more person 201 7.7% 5-or-more person 147 6.8%
The second scenario, “trends continued”, Total 2,595 100.0% Total 2,173 100.0%
extrapolates the changes between 2013
and 2018 outward by ten years to 2030.
Under this scenario, much of the household
growth occurs with renter households as : . . . 4. . .
those have been growing more quickly than 2030 Projections if Trends Continued 2030 Projections if Trends Continued
owner households. The trends in household Based on Changes from 2013-2018 Based on Changes from 2013-2018
size also continue and are focused on Source: EMS, ACS 201 3, 201 8, RKG Associates Source: EMS, ACS 201 3, 201 8, RKG Associates
growth in the 1- and 2-person households.
The majority of growth in owner households . Owner . Renter
is projected to occur in the 2-person and 4- HH Size HHs % of Total HH Size HHs % of Total
person households, while 1-, 2-, and 3-
person households comprise 97% of renter 1-person -224 4.7% 1-person 1,934 40.6%
household growth.
2-person 1,037 21.7% 2-person 2,111 44.3%
Whether 2018 household composition 3-person -954 -20.0% 3-person 629 13.2%
holds, or trends continue over the next ten , ,
years, it appear Nashua should focus more 4-person 297 6.2% 4-person -100 -2.1%
on smaller households going forward.
going 5-or-more person -108 -2.3% 5-or-more person 147 3.1%
Total 48 100.0% Total 4,721 100.0%
Nashua Housing Study - 33
