Orange County NC Website
18 <br /> III. Market Analysis <br /> The following sections require data for the housing,retail,and office market analyses,respectively.' <br /> $Failure to complete this section will disallow these market studies. <br /> A.Housing Market Analysis Data <br /> 14. What is the projected population in the development's housing market area**in the following <br /> time periods—current year and projection year? <br /> If information by age group (i.e., 15-24,25-34,etc.) is unavailable,fill in total population and <br /> leave the age group field (cohorts 15-65+)blank.If information by age group is known,fill in <br /> the data and leave the total population field blank. <br /> Age Group Current Year" Projection Year'" <br /> Number of People Number of People <br /> Total Population- <br /> all age groups ✓ C104+ E104 <br /> By Population Age Group <br /> 15-24 ✓ C106 E106 <br /> 25-34 ✓ C107 E107 <br /> 35-44 ✓ C108 E108 <br /> 45-54 ✓ C109 E109 <br /> 55-65 ✓ C110 E110 <br /> 65+ ✓ Cili E111 <br /> 15. What is the estimated cumulative number of housing units(excludinp.the proposed <br /> development)that will become available in the housing market area from the current year <br /> to the projection year?Include future units that will be built as well as existing vacant housing. <br /> housing units C115 <br /> * Items marked with"./"must be completed in all development situations where the user wishes the assessment model <br /> to conduct a market analysis(e.g.,per capita income,as shown under the retail market section,should be indicated <br /> even for developments containing only housing). <br /> ** The total area in which a market exists for the proposed housing project or the nearest equivalent region. <br /> *** Current year=time as of the filling out of the user worksheet. <br /> **** Projection year=point in time in which the user wishes to examine development impacts(e.g.,project buildout,end of <br /> a stage of development,or any year over which development proceeds). <br /> + A cell location(column and row identification)is provided for each response. <br /> 230 <br />