Okaloosa County BOCC — April 15, 2014 — Foy Shaw Road Project SJPA_Sig Resolution_Appraisals_Land Purchase Agreement Letter — reading text

$25K - $34K SLOK - $24K 6.9% 13.6% $35K - $49K 15.7% <$15K 13.1% $200K+ 0.7% $150K - $199K 3.0% $100K - $149K 8.0% $50K - $74K 28.4% $75K - $99K 10.6% Source: U.S. Cansus Buraau Census 2010 Summary File 1. Esri forecasts for 2013 and 2018 February 18, 2014 Demographic and Income Profile - Appraisal Version Prepared by Walter Humphrey Ford St, CEW Drive Time: 5, 10, 15 minutes Summary Census 20106 2013 2018 Population 14,480 15,012 16,427 Households 5,474 5,699 6,299 Families 3,714 3,839 4,211 Average Household Size 2.49 2.49 2.48 Owner Occupied Housing Units 3,516 3,480 3,931 Renter Occupied Housing Units 1,958 2,219 2,369 Median Age 35.3 35.5 36.0 Trends: 2013 - 2018 Annual Rate Area State National Population 1.82% 0.99% 0.71% Households 2.02% 0.98% 0.74% Families 1.87% 0.87% 0.63% Owner HHs 2.47% 1.32% 0.94% Median Household Income 2.29% 3.47% 3.03% 2013 2018 Households by Income Number Percent Number Percent <$15,000 1,135 19.9% 1,194 19.0% $15,000 - $24,999 855 15.0% 670 10.6% $25,000 - $34,999 559 9.8% 564 9.0% $35,000 - $49,999 1,194 21.0% 1,252 19.9% $50,000 - $74,999 1,004 17.6% 1,137 18.1% $75,000 - $99,999 466 8.2% 732 11.6% $100,000 - $149,999 364 6.4% 573 9.1% $150,000 - $199,999 69 1.2% 110 1.7% $200,000+ 53 0.9% 68 Li% Median Household Income $37,728 $42,258 Average Household Income $47,921 $55,158 Per Capita Income $18,398 $21,243 Census 2610 2013 2018 Population by Age Number Percent Number Percent Number Percent 0-4 i,118 7.7% 1,143 7.6% 1,241 7.6% 5-3 1,034 7.1% 1,068 7.1% 1,148 7.0% 10 - 14 946 6.5% 1,011 6.7% 1,141 6.9% 15-19 950 6.6% 949 6.3% 1,073 6.5% 20 - 24 1,022 7.1% 1,041 6.9% 1,033 6.3% 25 - 34 2,119 14.6% 2,208 14.7% 2,349 14.3% 35 - 44 1,860 12.8% 1,902 12.7% 2,129 13.0% 45 - 54 2,033 14.0% 2,011 13.4% 2,016 12.3% 55 - 64 1,587 11.0% 1,730 11.5% 1,910 11.6% 65 - 74 1,017 7.0% 1,113 7.4% 1,392 8.5% 75 - 84 619 4.3% 639 4.3% 744 4.5% 85+ 175 1.2% 197 1.3% 251 1.5% Data Note: [ncome is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. February 18, 2014 Ford St, CEW Drive Time: 5, 10, 15 minutes Demographic and Income Profile - Appraisal Version Prepared by Walter Humphrey Trends 2013-2018 Ww 1 N un 1 nN k b un rT is 1 Annual Rate (in percent) 2 ea) 1 Owner HHs Median HH Income Population Households Families Population by Age 144 13- 12- Lis 104 75 ; 54 44 34 24 . 5 , 5 1 5-9 10-14 15-19 25-34 35-44 45-54 55-64 65-74 75-84 85+ Percent TPP o 0-4 20-24. 2013 Household Income $15K - $246 15.0% <$15K $25K - $34K 19.9% 9.8% $200K+ 0.9% $150K - $199K 1.2% $35K - $49K $100K - $149K 21.0% 6.4% $75K - $99K 8.2% $50K - $74K 17.6% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esr: forecasts for 2013 and 2018. 0 Area i State USA @ 2013 ®& 2018 February 18, 2014 Demographic and Income Profile - Appraisal Version Prepared by Walter Humphrey Data Note: [Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1 Esr: forecasts for 2013 and 2018. Ford St, CEW Drive Time: 5, 10, 15 minutes Summary Census 2010 2013 2018 Population 34,396 36,443 40,988 Households 12,713 13,523 15,326 Families 9,260 9,805 11,052 Average Household Size 2.60 2.60 2.59 Owner Occupied Housing Units 8,979 9,167 10,573 Renter Occupied Housing Units 3,734 4,356 4,753 Median Age 34.8 34.9 35.5 Trends: 2013 - 2018 Annual Rate Area State National Population 2.38% 0.99% 0.71% Households 2.53% 0.98% 0.74% Families 2.42% 0.87% 0.63% Owner HHs 2.89% 1.32% 0.94% Median Household Income 2.92% 3.47% 3.03% 2013 2018 Households by Income Number Percent Number Percent <$15,000 1,970 14.6% 2,022 13.2% $15,000 - $24,999 1,498 11.1% 1,142 7.5% $25,000 - $34,999 1,290 9.5% 1,227 8.0% $35,000 - $49,999 2,345 17.3% 2,453 16.0% $50,000 - $74,999 2,859 21.1% 3,265 21.3% $75,000 - $99,999 1477 13.1% 2,598 17.0% $100,000 - $149,999 1,360 10.1% 2,011 13.1% $150,000 - $199,999 216 1.6% 332 2.2% $200,000+ 209 1.5% 277 1.8% Median Household Income $47,122 $54,423 Average Household Income $59,129 $67,767 Per Capita Income $21,998 $25,305 Census 2016 2043 2018 Population by Age Number Percent Number Percent Number Percent 0-4 2,667 7.8% 2,768 7.6% 3,111 7.6% 5-3 2,567 7.5% 2,704 7.4% 3,010 7.3% 10-14 2,394 7.0% 2,569 7.0% 2,993 7.3% 15-19 2,386 6.9% 2,338 6.4% 2,596 6.3% 20 - 24 2,234 6.5% 2,370 6.5% 2,268 5.5% 25 - 34 5,062 14.7% 5,532 15.2% 6,224 15.2% 35 - 44 4,682 13.6% 4,838 13.3% 5,788 14.1% 45-54 5,174 15.0% 5,179 14.2% 5,033 12.3% 55 - 64 3,535 10.3% 4,041 11.1% 4,811 11.7% 65-74 2,118 6.2% 2,404 6.6% 3,113 7.6% 75 - 84 1,217 3.5% 1,292 3.5% 1,521 3.7% 85+ 362 1.1% 411 1.1% 522 1.3% February 18, 2014 Demographic and Income Profile - Appraisal Version Prepared by Walter Humphrey q Ford St, CEW your Sre ys Le susioete Drive Time: 5, 10, 15 minutes Trends 2013-2018 3+ § VY 2.55 oO oO gE 4 = Vv 1.54 a w ra 2 ®) Area < © State 0.5- @ USA Median H Income Population Population by Age 154 144 134 124 lis 104 a= se 7+ 4 ° 64 Eo re § 2013 4 - @ 2018 2 : ._ 5-9 4 65-74 75-84 85+ o- "0-4 10-14 15-19 20-26 25-34 Percent 2013 Household Income $25K - $34K $15K - $24K ti 9.3% iid <$15K $35K - $49K 14.6% 17.3% $200K+ 1.5% $150K - $199K 1.6% $100K - $149K 10.1% $50K - $74K 21.1% $75K - $99K 13.1% Source: U.S. Census Bureau, Census 2010 Summary File 1 Esri forecasts for 2013 and 2018 February 18, 2014 Domina Ford St, CEW Ferd St, CEW Drive Time: 5, 10, 15 Minutes Tapestry Site Map Prepared by Walter Humphrey in wv 32539 j 32536 3 AD is) 25 mi 32578 6 4 km - Tapestry LifeMode ® LU High Society Affuent, wet-educated L? High Hopes foung household’ stang _ matried-souple homeowners fer the “Amencan Cream” ws @ Lup: Avenues Prosperous, mained-cousle L3 Slobai Roots Ethie ind cutturaly dverse 2 ©, homeowners in different housing famites 189 ane ba | SP (3 Metropck: City dwellersin otder homes: © LS Farsty Portyt Youth, fovauly life, and children — reflecting the diversdy of urban cuture L10 Tradtonal Lung. Midd'e-aged. middie aoe a P14 So's Acts: Urban young cingks cn the move cazome—Middle Amend 30 J 1905 Lakeview Si & L3 Semos Styles Semer ifestdes by income age Lf Factones and Farms. Hardworking families and housing type Ama commune: jattfed neat job2 35 LS Scholars and Patriots. Solege snrtiny LI2 American Gutt Households in mall towas: anvirsnmients, and na al wean Source: Esri February 18, 2014 Dominant Tapestry Site Map Ford St, CEW Ford St, CEW Drive Time: 5, 10, 15 Minutes Prepared by Walter Humphrey Tapestry Segmentation Tapestry Segmentation represents the fourth generation of market segmentation systems that began 30 years ago. The 65- segment Tapestry Segmentation system classifies U.S. neighborhoods based on their socioeconomic and demographic composition. Each segment is identified by its two-digit Segment Code. Match the two-digit segment labels on the map to the list below. A longer description of each segment is available at: ttp: a Segment O01: Segment 02: Segment 03: Segment 04: Segment 05: Segment 06: Segment 07: Segment 08: Segment 09: Segment 10: Segment 11: Segment 12: Segment 13: Segment 14: Segment i5: Segment 16: Segment 17: Segment 18: Segment 19: Segment 20: Segment 21: Segment 22: Segment 23: Segment 24: Segment 25: Segment 26: Segment 27: Segment 28: Segment 29: Segment 30: Segment 31: Segment 32: Segment 33: Source: Esr! Top Rung Suburban Splendor Connoisseurs Boomburbs Wealthy Seaboard Suburbs Sophisticated Squires Exurbanites Laptops and Lattes Urban Chic Pleasant-Ville Pacific Heights Up and Coming Families In Styie Prosperous Empty Nesters Silver and Gold Enterprising Professionals Green Acres Cozy and Comfortable Milk and Cookies City Lights Urban Villages Metropolitans Trendsetters Main Street, USA Salt of the Earth Midland Crowd Metro Renters Aspiring Young Families Rustbelt Retirees Retirement Communities Rural Resort Dwellers Rustbelt Traditions Midlife Junction Segment 34: Segment 35: Segment 36: Segment 37: Segment 38: Segment 39: Segment 40: Segment 41: Segment 42: Segment 43: Segment 44: Segment 45: Segment 46: Segment 47: Segment 438: Segment 49: Segment 50: Segment 51: Segment 52: Segment 53: Segment 54: Segment 55: Segment 56: Segment 57: Segment 58: Segment 59: Segment 60: Segment 61: Segment 62: Segment 63: Segment 64: Segment 65: Segment 66: Family Foundations International Marketplace Old and Newcomers Prairie Living Industrious Urban Fringe Young and Restless Military Proximity Crossroads Southern Satellites The Elders Urban Melting Pot City Strivers Rooted Rural Las Casas Great Expectations Senior Sun Seekers Heartland Communities Metro City Edge Inner City Tenants Home Town Urban Rows Coilege Towns Rural Bypasses Simple Living NeWest Residents Southwestern Families City Dimensions High Rise Renters Modest Income Homes Dorms to Diplomas City Commons Social Security Set Unclassified February 18, 2014 Graphic Profile - Appraisal Version Ford St, CEW Drive Time: 5 minutes Prepared by Walter Humphrey 2013 Home Value 17.1% 55.5% 9.5% 1.5% 5.4% 2013 Population by Age 13.7% . | “or @ <$100K 20-24 §§ $100-199K 6.4% : 25-34 $200-299k 35-44 & $300-399K 12.3% @} $400-499K 45-54 © $500K+ 15.3% 55-64 65+ Households 583 537 700-4 no5 600- 500 400 300] 200-/ 100+ o- pcs MT, Census 2010 2013 2018 2013-2018 Annual Growth Rate 4 1.90 1.92 1.66 a 3 = g & Population Households ; Median Mousenaid income Owner Cecupied Housing Units Household Income 25-4 TT ; @ 2013 20 @ 2018 e g & $55 GER $1l00K- cow -43 _ Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. February 18, 2014 Graphic Profile - Appraisal Version Ford St, CEW Prepared by Walter Humphrey Drive Time: 10 minutes 2013 Home Value 2013 Population by Age 6.9% 20.2% B<s 25.5% @ <$100K 14.7% vet 4 a 4 B $100-199K 3 35:34 0.7% B $200-299K 35-44 53.0% 1.1% @ $300-399K , 3.7% 8] $400-499K 45-54 ~ $500K+ 12.7% 13.0% 55-64 16.1% @ 65+ Households 6 299 5,699 2013 2013-2018 Annual Growth Rate 34 . 2.47 ‘ : 2.29 . a 2.02 2.5 182 momemsih wa 24 2 - 8 is & /| Population Housenci¢s Median Household !ncome Owner Occupied Housing Units Household Income @ 2013 ® 2018 Percent i $200K+ $1 -< 1808 $254.85" Source: U.S. Census Bureau, Census 2010 Summary File L. Esr: forecasts for 2013 and 2018 February 18, 2014 Graphic Profile - Appraisal Version Ford St, CEW Drive Time: 15 minutes Prepared by Walter Humphrey 2013 Home Value 2013 Populatien by Age 6.5% 20.9% a <5 § 5-19 ad @ <$100K 15.2% _ 3 20-24 1B $100-199K . 25-34 BE ¢200-299k : eis 8] $300-399k a _ 4.9% $400-499K a E Sue nae 11.3% @ 55-64 65+ Households 15,326 18,000 =< 16,00 12,713 e 14,000 12,000. 10,000: 8,00 6, 4,00 2, Census 2010 2013 2013-2018 Annual Growth Rate 3.5: 2.92 2.90 2.38 253 2 Gg 2 & 15 1 Zz ) 0. Population Househaids Median Housenoid incame Owner Occupied Housing Units Household Income 2 * z 1 16: @ 2013 1 @ 2018 y 5 12. 5 1 a 2. ase $°5K-625e $200K= Source: U.S. Census Bureau, Census 2010 Summary File 1. Esr: forecasts for 2013 and 2018. February 18, 2014 Housing Profile Ford St, CEW Drive Time: 5 minutes Prepared by Walter Humphre Population 2010 Total Population 2013 Total Population 2018 Total Population 2013-2018 Annual Rate 1,368 1,400 1,503 1.42% Housing Units by Occupancy Status and Tenure Total Housing Units Occupied Owner Renter Vacant Owner Occupied Housing Units by Value Total <$50,000 $50,000-$99,999 $100,000-$149,999 $150,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000-$749,999 $750,000-$999,999 -$1,000,000+ Median Value Average Value Households 2013 Median Household Income 2018 Median Household Income 2013-2018 Annual Rate Census 2010 2013 Number Percent Number Percent 590 100.0% 604 100.0% 522 88.5% 536 88.7% 393 66.6% 390 64.6% 129 21.9% 146 24.2% 68 11.5% 67 11.1% 2013 Number