National Palladio at Broadstone Brochure | Page 6

THE FOLSOM SHOPPER Average household incomes within a 5-mile radius and 5-minute drive time exceeds $125,000 and the area is dominated by well-educated white collar individuals and young families. Folsom is home to 3 high schools, 2 middle schools and 10 elementary schools and received a 9 out of 10 ranking based on tests scores from www.GreatSchool.org. An additional high school, middle school and 5 elementary schoos are planned for Folsom Ranch, the new development south of Hwy. 50. Enterprising Professionals make up 61% of the trade area. These residents are well educated and climb- ing the ladder in STEM (science, technology, engineering, and mathematics) occupations. The market is fast-growing, located in lower density neighborhoods of large metro areas. Enterprising Professionals residents are diverse. This young market makes over one and a half times more income than the U.S. median, supplementing their income with high-risk investments. Source – www.esri.com/tapestry POPULATION 107,240 WITHIN 5-MILE RADIUS AVERAGE HOUSEHOLD INCOME $135,163 WITHIN 5-MILE RADIUS DAYTIME POPULATION 62,282 IN GOOD COMPANY WITHIN 5-MILE RADIUS Palladio at Broadstone is in the center of the retail corridor surrounded on two sides by big box power centers. The pedestrian and family-friendly design creates a “downtown” for the sur- rounding 3,000 acre master community and the trade area of Folsom along with the newly annexed area just south of Highway 50 poised for growth of more than 12,000 homes. The area is home to a rapidly expanding office population, including the first phase of a new Kaiser Permanente hospital and medical complex located adja- cent to the center. The 50-acre campus will employee 6,000 employees. Intel, the largest private employer in the Sacramento area, and Micron, which are just 1.5 miles from the center, employ over 10,000 workers. “Sacramento, the capital of California, has been a leading agricul- tural and transportation center for most of its history. In the past 15 years, as costs have escalated in California’s coastal cities, thousands have migrated to the area for its reduced cost of living and proximity to San Francisco and Lake Tahoe.”