New York Avenue Corridor Strategy Adopted Report New York Avenue Corridor Strategy Adopted Report | Page 32

MARKET CONDITIONS New York Avenue Project Area City of Arlington North Texas 2012 Population 48,661 367,450 5,197,317 2012 Households 15,118 133,700 2,475,000 Annual Household Growth (2012-2022) 0.6% 1.0% 1.8% Average Household Size 3.16 2.72 2.73 Percent Non-Family Households 29% 32% 31% Percent Renters 50% 43% 38% Percent Age 65+ 7% 8% 9% Percent Age 0 - 19 34% 31% 30% Median Age 29.9 32.1 33.8 Percent w 4-yr College Degree 8% 28% 29% Percent Self-Employed (16+) 5% 6% 6% Median Household Income $38,300 $52,100 $53,600 Per Capita Income $13,600 $25,000 $26,800 Percent with Income <$25K 29% 21% 21% Percent with Income $100K+ 4% 20% 23% Percent Hispanic (of any race) 58% 27% 27% Percent African-American 15% 19% 14% Percent Asian-American 6% 7% 14% Data for 2010, unless noted Source: U.S. Census Bureau; North Central Texas Council of Governments; Claritas, Inc.; & Ricker│Cunningham. Figure 3.2 Demographic Summary Table ARLINGTON, TEXAS 24