Office/Retail Building Available
Erlanger, KY FEATURES z z z z z z
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Freestanding Building 2,300 SF 1st floor Will divide Will finish out for office or retail Pylon Signage Located less than one mile south of Crestview Hills Towne Center Lease rate: $14 PSF Gross, $2683/month
LOCATION 3220 Dixie Highway Erlanger, KY 41018
CONTACT John Thompson Demographics: Total Population: Avg. HH Income: Total Households:
1-mile 11,774 $63,939 5,248
3-miles 69,511 $74,886 28,328
5-miles 136,756 $77,303 54,656
[email protected] 513/769-2514
Traffic counts: Dixie Highway at Short Hill Lane = 25,775 ADT
The information submitted is not guaranteed. Although obtained from reliable sources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice.
Executive Summary Prepared by Jeff Wolf 3218 Dixie Hwy, Erlanger, KY...
Latitude: 39.018917 Longitude: -84.59572
Ring: 1, 3, 5 Miles 1 mile radius
3 miles radius
5 miles radius
11,774 48.8% 51.2% 38.7
69,511 48.6% 51.4% 36.4
136,756 48.6% 51.4% 35.7
$50,809 $28,646 $63,939
$61,896 $30,745 $74,886
$64,461 $30,993 $77,303
5,248 2.21
28,328 2.43
54,656 2.48
2010 Housing Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units
55.2% 37.5% 7.3%
60.4% 33.2% 6.4%
61.8% 31.4% 6.8%
Population 1990 Population 2000 Population 2010 Population 2015 Population 1990-2000 Annual Rate 2000-2010 Annual Rate 2010-2015 Annual Rate
11,693 11,772 11,774 11,915 0.07% 0% 0.24%
65,637 67,029 69,511 71,059 0.21% 0.36% 0.44%
113,326 126,870 136,756 142,033 1.14% 0.73% 0.76%
2010 Population Total Population Male Population Female Population Median Age 2010 Income Median HH Income Per Capita Income Average HH Income 2010 Households Total Households Average Household Size
In the identified market area, the current year population is 136,756. In 2000, the Census count in the market area was 126,870. The rate of change since 2000 was 0.73 percent annually. The five-year projection for the population in the market area is 142,033, representing a change of 0.76 percent annually from 2010 to 2015. Currently, the population is 48.6 percent male and 51.4 percent female. Households 1990 Households 2000 Households 2010 Households 2015 Households 1990-2000 Annual Rate 2000-2010 Annual Rate 2010-2015 Annual Rate
4,585 5,010 5,248 5,373 0.89% 0.45% 0.47%
23,960 26,331 28,328 29,228 0.95% 0.72% 0.63%
40,966 49,128 54,656 57,218 1.83% 1.05% 0.92%
The household count in this market area has changed from 49,128 in 2000 to 54,656 in the current year, a change of 1.05 percent annually. The five-year projection of households is 57,218, a change of 0.92 percent annually from the current year total. Average household size is currently 2.48, compared to 2.56 in the year 2000. The number of families in the current year is 35,827 in the market area. Housing Currently, 61.8 percent of the 58,638 housing units in the market area are owner occupied; 31.4 percent, renter occupied; and 6.8 percent are vacant. In 2000, there were 51,564 housing units - 65.1 percent owner occupied, 30.2 percent renter occupied and 4.7 percent vacant. The rate of change in housing units since 2000 is 1.26 percent. Median home value in the market area is $141,890, compared to a median home value of $157,913 for the U.S. In five years, median home value is projected to change by 2.62 percent annually to $161,504. From 2000 to the current year, median home value changed by 2.4 percent annually. Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015. Esri converted 1990 Census data into 2000 geography.
©2011 Esri
8/14/2012
Page 1 of 2
Executive Summary Prepared by Jeff Wolf 3218 Dixie Hwy, Erlanger, KY...
Latitude: 39.018917 Longitude: -84.59572
Ring: 1, 3, 5 Miles 1 mile radius
3 miles radius
5 miles radius
Median Household Income 1990 Median HH Income 2000 Median HH Income 2010 Median HH Income 2015 Median HH Income 1990-2000 Annual Rate 2000-2010 Annual Rate 2010-2015 Annual Rate
$31,486 $39,131 $50,809 $51,362 2.2% 2.58% 0.22%
$34,719 $46,762 $61,896 $66,786 3.02% 2.77% 1.53%
$35,520 $48,763 $64,461 $74,886 3.22% 2.76% 3.04%
Per Capita Income 1990 Per Capita Income 2000 Per Capita Income 2010 Per Capita Income 2015 Per Capita Income 1990-2000 Annual Rate 2000-2010 Annual Rate 2010-2015 Annual Rate
$14,570 $21,810 $28,646 $31,719 4.12% 2.7% 2.06%
$15,119 $23,627 $30,745 $33,719 4.57% 2.6% 1.86%
$15,022 $23,633 $30,993 $34,135 4.64% 2.68% 1.95%
Average Household Income 1990 Average Household Income 2000 Average Household Income 2010 Average HH Income 2015 Average HH Income 1990-2000 Annual Rate 2000-2010 Annual Rate 2010-2015 Annual Rate
$37,412 $50,272 $63,939 $69,933 3% 2.37% 1.81%
$41,291 $59,755 $74,886 $81,356 3.77% 2.23% 1.67%
$41,472 $60,800 $77,303 $84,471 3.9% 2.37% 1.79%
Households by Income Current median household income is $64,461 in the market area, compared to $54,442 for all U.S. households. Median household income is projected to be $74,886 in five years. In 2000, median household income was $48,763, compared to $35,520 in 1990. Current average household income is $77,303 in this market area, compared to $70,173 for all U.S. households. Average household income is projected to be $84,471 in five years. In 2000, average household income was $60,800, compared to $41,472 in 1990. Current per capita income is $30,993 in the market area, compared to the U.S. per capita income of $26,739. The per capita income is projected to be $34,135 in five years. In 2000, the per capita income was $23,633, compared to $15,022 in 1990. Population by Employment Total Businesses Total Employees
500 5,738
2,864 43,904
5,148 80,350
Currently, 89.8 percent of the civilian labor force in the identified market area is employed and 10.2 percent are unemployed. In comparison, 89.2 percent of the U.S. civilian labor force is employed, and 10.8 percent are unemployed. In five years the rate of employment in the market area will be 91.7 percent of the civilian labor force, and unemployment will be 8.3 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 91.2 percent, and 8.8 percent will be unemployed. In 2000, 71.5 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.0 percent were in the Armed Forces. In the current year, the occupational distribution of the employed population is: • 66.6 percent in white collar jobs (compared to 61.6 percent of U.S. employment) • 15.0 percent in service jobs (compared to 17.3 percent of U.S. employment) • 18.4 percent in blue collar jobs (compared to 21.1 percent of U.S. employment) In 2000, 84.4 percent of the market area population drove alone to work, and 2.0 percent worked at home. The average travel time to work in 2000 was 21.9 minutes in the market area, compared to the U.S. average of 25.5 minutes. Population by Education In 2010, the educational attainment of the population aged 25 years or older in the market area was distributed as follows: • • • • •
9.3 percent had not earned a high school diploma (14.8 percent in the U.S.) 30.0 percent were high school graduates only (29.6 percent in the U.S.) 8.6 percent had completed an Associate degree (7.7 percent in the U.S.) 19.1 percent had a Bachelor's degree (17.7 percent in the U.S.) 10.2 percent had earned a Master's/Professional/Doctorate Degree (10.4 percent in the U.S.)
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015. Esri converted 1990 Census data into 2000 geography.
©2011 Esri
8/14/2012
Page 2 of 2