Housing Trends
Housing trends indicate economic activity and vitality in an area through their
relationship to areas of population growth. In slower‐growing areas, housing data may
reveal population decline or out‐migration. These trends also represent market decisions
relating to home ownership or rental properties. The rate of housing development is a
strong indicator of the overall rate of development taking place in a region, which may
result in potential incompatible land uses in conjunction with operations at the AZARNG
sites. Essentially, housing trends have the potential to indicate future types of
residential and commercial development. The following information includes housing
market trends, median monthly gross rents, and median home values within the JLUS
Project Area.
Table 3 shows an increase in housing units between 2000 and 2016 in all jurisdictions.
The increase in attractiveness of the area is causing increases in both population and new
housing development.
Table 3
Number of Housing Units Between 2000 and 2016
Jurisdiction
Arizona
Pinal County
City of Eloy
Town of Florence
Town of Marana
Town of Queen
Creek
2000
Census 2010
Census 2016
Estimate
2,189,189
81,154
2,734
3,216
5,702
1,281 2,844,526
159,222
3,691
5,224
14,726
8,557 2,913,541
166,455
4,194
7,639
15,747
10,545
Number
Change
2000‐2016 Percentage
Change
2000‐2016
724,352
85,301
1,460
4,423
10,045
9,264 33%
105%
53%
138%
176%
723%
Sources: U.S. Census Bureau, 2000; U.S. Census Bureau, 2010; 2012‐2016 American Community Survey
5‐Year Estimates, City of Eloy, 2018
10
Community Profiles