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Walgreens Pharmacy #12528 Northern California
• ~18 Year NNN with extremely rare rent increases in primary term
• Rare 10% rental increase every ten years (in primary term and options)
• Hard corner location at signalized intersection with excellent visibility and access
• Lowe’s, Safeway, Staples and PETCO anchor the 273,000 square foot Amador Ridge regional shopping center, located just a half mile south
• True NNN lease with no management responsibilities
• Walgreens corporate, investment grade credit guarantees the rent
DeerfieldPartnersJohn GiordaniArt Griffith(888) [email protected]
Doug Finney(650) [email protected]
$12,316,000
5.29%Cap Rate
Rent Increases!Extremely Rare for Walgreens
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
This is a rare opportunity for an investor to acquire a Walgreens drugstore property with rent increases scheduled in the lease.While99outof100Walgreens leasesareflat for the lifeof the lease, thislease has rent increases providing for appreciation of future value. See below for the scheduled rent increases.
Investment SummaryPrice $12,316,000
CAP Rate 5.29%Avg. Annual Income $651,625
Years Guaranteed ~ 18 years
Demographic Snapshot
Residents Average Income
1 Mile Radius 1,736 $64,982
3 Mile Radius 7,093 $62,159
5 Mile Radius 9,664 $66,045
Site Info & Neighboring RetailersThis Walgreens is located at the northwest corner of the signalized intersection of California State Routes 49 and104. The intersection sees average daily traffic of 23,900vehicles. The site is easily accessible via right-turn entrances frombothCaliforniaStateRoutes49and104.ThesiteisonlyonemilefromdowntownSutterCreek,andbenefitsfromtouristtrafficexitingthehighwaytoheadtodowntownSutterCreek.Chevron,ShellandUmpquaBankarelocatedintheimmediatevicinity,aswellasnumerouslocalandregionalretailers.Lowe’s, Safeway, Staples and PETCO anchor the 273,000 square foot Amador Ridge regional shopping center, located just a half mile south.
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Complete Rent Schedule With Option Periods
Starts Ends YearsAnnual
NNN RentPercent Increase Return
Today - 2020 7/1/2017 6/30/2020 3 $585,000
2020 - 2030 7/1/2020 6/30/2030 10 $643,500 10.0% 5.22%
2030 - 2035 7/1/2030 6/30/2035 5 $707,850 10.0% 5.75%
Option 1 7/1/2035 6/30/2040 5 $707,850 0.0% 5.75%
Options 2 & 3 7/1/2040 6/30/2050 10 $778,635 10.0% 6.32%
Options 4 & 5 7/1/2050 6/30/2060 10 $856,499 10.0% 6.95%
Options 6 & 7 7/1/2060 6/30/2070 10 $942,148 10.0% 7.65%
Options 8 & 9 7/1/2070 6/30/2080 10 $1,036,363 10.0% 8.41%
Option 10 7/1/2080 6/30/2085 5 $1,140,000 10.0% 9.26%
Total NNN Rental Income $56,992,335
Average Annual Rent $840,182
Asking Price $12,316,000
NNN Rent Growth
Today - 2020
2020 - 2030
2030 - 2035
Option 1
Options 2 & 3
Options 4 & 5
Options 6 & 7
Options 8 & 9
Option 10 $1,140,000
$1,036,363
$942,148
$856,499
$778,635
$707,850
$707,850
$643,500
$585,000
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
About the Site & Neighboring RetailersThis Walgreens is located at the northwest corner of the signalized intersection of California State Routes 49and104.Theintersectionseesaveragedailytrafficof23,900vehicles.Thesiteiseasilyaccessibleviaright-turnentrancesfrombothCaliforniaStateRoutes49and104.ThesiteisonlyonemilefromdowntownSutter Creek, and benefits from tourist traffic exiting the highway to head to downtownSutter Creek.Chevron,ShellandUmpquaBankare located in the immediatevicinity,aswellasnumerous localandregionalretailers.
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Amador Ridge Shopping CenterLowe’s, Safeway, Staples and PETCO anchor the 273,000 square foot Amador Ridge regional shopping center,locatedjustahalfmilesouthoftheWalgreensofferedforsale.Othertenantsintheshoppingcenterinclude:Starbucks,JackintheBox,Chipotle,BBVACompassBank,GameStop,RoundTablePizza,andmanyothers.AmadorRidgeistheonlyRegionalRetailcenterinAmadorCountyanddrawscustomersfroma35minutedrivetime.AmadorRidgehousesthelargestSafewayandonlyLowe’sintheGoldCountryregionoftheFoothills.
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Limited Drugstore CompetitionWithWalgreenspendingacquisitionof 50%ofRiteAid locations, investorsare lookingclosely at thecompetitivelandscapeineachlocalmarketpriortomakingpurchasedecisions.Inthiscase,aninvestorneednotworry.There is NO Rite Aid in the trade area.
TheclosestCVS/pharmacylocationis3.3milessouthonHighway49inJackson.
TheCVS/pharmacyinJacksonis:•NOTfreestanding•NOTonahardcorner•DOESNOThaveadrive-thrupharmacy
Property Details and Lease SummaryAddress 475CaliforniaStateRoute49,SutterCreek,CA95685
Year Built 2010Building Size 14,740 Square Feet
Lot Size 1.81acresTenant Walgreens (NASDAQ:WBA)
Rent Start Date June28,2010Lease End Date June30,2085
Options to Terminate Tenantmayterminateeveryfive(5)years,withsixmonthsnotice,afterthe300thmonth(June30,2035).
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
RegionalMap/AboutSutterCreekSutterCreekislocated45milessoutheastofSacramento,intheheartoftheSierraFoothillWineCountry.Awonderfulbalanceofoldandnew,today’sSutterCreekmaintainsitsGoldRushfacadewhilecateringtothewantsandneedsofvisitorsfromaroundtheworld.SutterCreekissteepedinhistorybeingbornoftheCaliforniaGoldRushandnurturedbythedeeprockgoldminesofthe19th&20thcenturies.Thetownofferstouristsmanyshopsandrestaurants,andtheareaisquicklybecomingknownforbeautifulscenery,excellentwines,anda richhistoricalexperience.Manyof theoriginalbrickbuildingsstillstand.LelandStanfordwasoneofSutterCreek’smostfamousresidents.
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Photos of Neighboring Retailers
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Site Plan
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
About Walgreens Boots AllianceWalgreensBootsAllianceisthefirstglobalpharmacy-led,healthandwellbeingenterpriseintheworld.Ourpurposeistohelppeopleacrosstheworldleadhealthierandhappierlives. Walgreens Boots Alliance was created through the combination of Walgreens and Alliance Boots inDecember2014.Thistransactionbroughttogethertwoleadingcompanieswithiconicbrands,complementary geographic footprints, shared values and a heritage of trusted healthcare services throughpharmaceuticalwholesalingandcommunitypharmacycare,datingbackmorethan100years.
The Company, with a presence in more than 25 countries, employs over 370,000 people and is the largestretailpharmacy,healthanddailylivingdestinationintheUSAandEurope.
The Company’s size, scale, and expertise will help us to expand the supply, and address the rising cost of,prescriptiondrugsintheUSAandworldwide.
Byleveragingtheseadvantagesandopportunities,aswellasthefullbenefitofourbestpracticesandexpertise,WalgreensBootsAlliancewillbepositionedtocreatesubstantialincrementalefficiency,synergyandgrowthopportunities.
The creation of Walgreens Boots Alliance provides an opportunity to further accelerate the development of a fully integrated, global platform for the future to provide innovative ways to address health and wellnesschallenges.OurCompanyiswellpositionedtoexpandcustomerofferingsinexistingmarketsandbecomethehealthandwellbeingpartnerofchoiceinemergingmarkets.
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Walgreens Boots Alliance -- Segment Structure
8
Walgreens Boots Alliance – Segment Structure
The largest retail pharmacy chain in Europe
A leading global pharmaceutical wholesaler
and distributor
A leading drugstore chain in the USA
The first global pharmacy-led, health and wellbeing enterprise in the world
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Walgreens Boots Alliance -- Retail Pharmacy USA DivisionTheRetailPharmacyUSADivision’sprincipalretailpharmacybrandsareWalgreensandDuaneReade.Together,theyformthelargestdrugstorechainintheUSA.
As of August 31, 2016, this Division operated 8,175 retail drugstores in 50 states, the District of Columbia,PuertoRicoandtheUSVirginIslands.Approximately76%ofthepopulationoftheUSAliveswithinfivemilesofaWalgreens.
The company sells prescription and non-prescription drugs, as well as general merchandise, including householditems,convenienceandfreshfoods,personalcare,beautycare,photofinishingandcandy.They provide customers with convenient, omni-channel access to consumer goods and services, pharmacy,andhealthandwellnessservicesincommunitiesacrossAmerica.
Thecompany’swebsites,whichincludeWalgreens.comanddrugstore.com,receiveanaverageofapproximately60millionvisitspermonth.Integratedwithane-commerceplatform,theWalgreensmobileapplicationallowscustomerstorefillprescriptionsthroughscantechnology,receivetextmessagesalertingwhenarefillisdueandotherfront-endfunctionality,suchasphotoandshoppingfeatures.
Infiscal2016,prescriptiondrugsaccountedfor67percentofsales,whileretailproductswere33percent.Overall,WBAfilledapproximately740.1millionprescriptionsinfiscal2016.
2nd Quarter 2017 Financial Performance – Retail Pharmacy USA
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Walgreens Drugstores Nationwide by State
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Walgreens Income Statements Trailing 5 Years
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Demographics - 1 Mile Radius
Demographic and Income Profile475 State Highway 49, Sutter Creek, California, 95685 Prepared by EsriRing: 1 mile radius Latitude: 38.37953
Longitude: -120.80287
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
16
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K13.2%
$15K - $24K16.4%$25K - $34K
7.2%
$35K - $49K13.3%
$50K - $74K17.7%
$75K - $99K10.4%
$100K - $149K14.2%
$150K - $199K6.1%
$200K+1.6%
2017 Population by Race2017 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 12.0%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
July 19, 2017
©2017 Esri Page 2 of 6
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Demographics - 1 Mile RadiusDemographic and Income Profile475 State Highway 49, Sutter Creek, California, 95685 Prepared by EsriRing: 1 mile radius Latitude: 38.37953
Longitude: -120.80287
Summary Census 2010 2017 2022Population 1,685 1,763 1,848Households 820 861 901Families 476 496 519Average Household Size 2.04 2.04 2.04Owner Occupied Housing Units 465 473 490Renter Occupied Housing Units 355 388 411Median Age 49.7 53.1 55.1
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.95% 0.84% 0.83%Households 0.91% 0.77% 0.79%Families 0.91% 0.77% 0.71%Owner HHs 0.71% 0.67% 0.72%Median Household Income 0.64% 2.66% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 113 13.1% 112 12.4%$15,000 - $24,999 141 16.4% 136 15.1%$25,000 - $34,999 62 7.2% 58 6.4%$35,000 - $49,999 114 13.2% 130 14.4%$50,000 - $74,999 152 17.7% 162 18.0%$75,000 - $99,999 89 10.3% 87 9.7%$100,000 - $149,999 122 14.2% 130 14.4%$150,000 - $199,999 52 6.0% 67 7.4%$200,000+ 14 1.6% 19 2.1%
Median Household Income $49,912 $51,522Average Household Income $64,982 $71,850Per Capita Income $29,970 $33,058
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 68 4.0% 65 3.7% 67 3.6%5 - 9 71 4.2% 67 3.8% 68 3.7%10 - 14 94 5.6% 78 4.4% 80 4.3%15 - 19 101 6.0% 83 4.7% 80 4.3%20 - 24 94 5.6% 89 5.0% 75 4.1%25 - 34 137 8.1% 175 9.9% 181 9.8%35 - 44 157 9.3% 146 8.3% 173 9.4%45 - 54 250 14.8% 224 12.7% 196 10.6%55 - 64 292 17.3% 302 17.1% 302 16.4%65 - 74 210 12.4% 285 16.2% 327 17.7%75 - 84 134 7.9% 156 8.8% 201 10.9%
85+ 79 4.7% 94 5.3% 97 5.3%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 1,511 89.7% 1,551 87.9% 1,608 87.0%Black Alone 6 0.4% 9 0.5% 10 0.5%American Indian Alone 26 1.5% 30 1.7% 33 1.8%Asian Alone 35 2.1% 46 2.6% 55 3.0%Pacific Islander Alone 4 0.2% 6 0.3% 6 0.3%Some Other Race Alone 46 2.7% 60 3.4% 67 3.6%Two or More Races 57 3.4% 62 3.5% 70 3.8%
Hispanic Origin (Any Race) 165 9.8% 211 12.0% 249 13.5%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
July 19, 2017
©2017 Esri Page 1 of 6
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Demographics - 3 Mile Radius
Demographic and Income Profile475 State Highway 49, Sutter Creek, California, 95685 Prepared by EsriRing: 3 mile radius Latitude: 38.37953
Longitude: -120.80287
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
16
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K15.2%
$15K - $24K14.1%$25K - $34K
9.3%
$35K - $49K15.0%
$50K - $74K18.0%
$75K - $99K11.0%
$100K - $149K11.3%
$150K - $199K3.9%
$200K+2.4%
2017 Population by Race2017 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 12.8%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
July 19, 2017
©2017 Esri Page 4 of 6
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Demographics - 3 Mile RadiusDemographic and Income Profile475 State Highway 49, Sutter Creek, California, 95685 Prepared by EsriRing: 3 mile radius Latitude: 38.37953
Longitude: -120.80287
Summary Census 2010 2017 2022Population 7,078 7,093 7,280Households 3,169 3,190 3,267Families 1,889 1,898 1,944Average Household Size 2.17 2.18 2.19Owner Occupied Housing Units 1,857 1,839 1,886Renter Occupied Housing Units 1,312 1,351 1,381Median Age 48.0 50.5 51.8
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.52% 0.84% 0.83%Households 0.48% 0.77% 0.79%Families 0.48% 0.77% 0.71%Owner HHs 0.51% 0.67% 0.72%Median Household Income 0.87% 2.66% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 485 15.2% 471 14.4%$15,000 - $24,999 450 14.1% 420 12.9%$25,000 - $34,999 296 9.3% 276 8.4%$35,000 - $49,999 477 15.0% 533 16.3%$50,000 - $74,999 574 18.0% 606 18.5%$75,000 - $99,999 350 11.0% 337 10.3%$100,000 - $149,999 359 11.3% 378 11.6%$150,000 - $199,999 123 3.9% 154 4.7%$200,000+ 76 2.4% 92 2.8%
Median Household Income $45,518 $47,531Average Household Income $62,159 $68,528Per Capita Income $28,024 $30,782
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 329 4.6% 304 4.3% 306 4.2%5 - 9 342 4.8% 310 4.4% 308 4.2%10 - 14 387 5.5% 334 4.7% 342 4.7%15 - 19 428 6.0% 349 4.9% 340 4.7%20 - 24 362 5.1% 366 5.2% 306 4.2%25 - 34 678 9.6% 751 10.6% 753 10.3%35 - 44 718 10.1% 677 9.5% 755 10.4%45 - 54 995 14.1% 856 12.1% 798 11.0%55 - 64 1,155 16.3% 1,141 16.1% 1,101 15.1%65 - 74 803 11.3% 1,044 14.7% 1,157 15.9%75 - 84 537 7.6% 581 8.2% 739 10.1%
85+ 345 4.9% 380 5.4% 376 5.2%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 6,258 88.4% 6,151 86.7% 6,251 85.9%Black Alone 37 0.5% 49 0.7% 52 0.7%American Indian Alone 139 2.0% 149 2.1% 160 2.2%Asian Alone 111 1.6% 137 1.9% 160 2.2%Pacific Islander Alone 11 0.2% 12 0.2% 13 0.2%Some Other Race Alone 248 3.5% 307 4.3% 331 4.5%Two or More Races 275 3.9% 286 4.0% 313 4.3%
Hispanic Origin (Any Race) 745 10.5% 905 12.8% 1,036 14.2%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
July 19, 2017
©2017 Esri Page 3 of 6
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Demographics - 5 Mile Radius
Demographic and Income Profile475 State Highway 49, Sutter Creek, California, 95685 Prepared by EsriRing: 5 mile radius Latitude: 38.37953
Longitude: -120.80287
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
16
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K13.8%
$15K - $24K12.3%
$25K - $34K9.7%
$35K - $49K14.5%
$50K - $74K18.6%
$75K - $99K11.8%
$100K - $149K12.0%
$150K - $199K4.5%
$200K+2.7%
2017 Population by Race2017 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 12.2%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
July 19, 2017
©2017 Esri Page 6 of 6
Walgreens Pharmacy #12528 Sutter Creek, California
DeerfieldPartnersJohn Giordani • Art Griffith(888) 258-7605 • [email protected]
Doug Finney(650) 358-5250 • [email protected]
Demographics - 5 Mile Radius
Demographic and Income Profile475 State Highway 49, Sutter Creek, California, 95685 Prepared by EsriRing: 5 mile radius Latitude: 38.37953
Longitude: -120.80287
Summary Census 2010 2017 2022Population 9,646 9,664 9,894Households 4,277 4,290 4,381Families 2,631 2,634 2,689Average Household Size 2.20 2.21 2.22Owner Occupied Housing Units 2,681 2,646 2,699Renter Occupied Housing Units 1,596 1,644 1,682Median Age 48.9 51.4 52.5
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.47% 0.84% 0.83%Households 0.42% 0.77% 0.79%Families 0.41% 0.77% 0.71%Owner HHs 0.40% 0.67% 0.72%Median Household Income 0.52% 2.66% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 593 13.8% 576 13.1%$15,000 - $24,999 529 12.3% 494 11.3%$25,000 - $34,999 415 9.7% 386 8.8%$35,000 - $49,999 622 14.5% 691 15.8%$50,000 - $74,999 797 18.6% 834 19.0%$75,000 - $99,999 508 11.8% 485 11.1%$100,000 - $149,999 515 12.0% 536 12.2%$150,000 - $199,999 194 4.5% 238 5.4%$200,000+ 118 2.8% 142 3.2%
Median Household Income $49,562 $50,871Average Household Income $66,045 $72,640Per Capita Income $29,481 $32,311
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 427 4.4% 396 4.1% 400 4.0%5 - 9 464 4.8% 412 4.3% 409 4.1%10 - 14 517 5.4% 456 4.7% 459 4.6%15 - 19 579 6.0% 477 4.9% 467 4.7%20 - 24 458 4.7% 472 4.9% 398 4.0%25 - 34 895 9.3% 967 10.0% 970 9.8%35 - 44 959 9.9% 924 9.6% 1,030 10.4%45 - 54 1,379 14.3% 1,168 12.1% 1,090 11.0%55 - 64 1,666 17.3% 1,631 16.9% 1,545 15.6%65 - 74 1,137 11.8% 1,486 15.4% 1,645 16.6%75 - 84 727 7.5% 790 8.2% 998 10.1%
85+ 437 4.5% 484 5.0% 482 4.9%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 8,588 89.0% 8,447 87.4% 8,565 86.6%Black Alone 49 0.5% 66 0.7% 69 0.7%American Indian Alone 179 1.9% 192 2.0% 205 2.1%Asian Alone 136 1.4% 170 1.8% 198 2.0%Pacific Islander Alone 13 0.1% 15 0.2% 15 0.2%Some Other Race Alone 307 3.2% 383 4.0% 413 4.2%Two or More Races 373 3.9% 390 4.0% 428 4.3%
Hispanic Origin (Any Race) 971 10.1% 1,180 12.2% 1,353 13.7%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
July 19, 2017
©2017 Esri Page 5 of 6