Village of Folsom Draft

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Village of Folsom Draft

AgeThe age makeup and trends in the Village of Folsom are similar tothat of St. Tammany Parish with a few notable exceptions. First,the Village of Folsom is losing a higher percentage of the 15 to 24year and 35 to 44 year age bracket than the Parish. In 2000 theVillage had 68 residents between the age of 15 and 24 years orapproximately 16.2% of its population, compared with 12.4% in theParish as a whole. The 2015 projections for the Village indicate thatthe real number will stay relatively flat, though the overallpercentage of the population will drop over 5%, to 11.0% of thetotal. This compares to a less than 1% decrease in the Parish 15 to24 year age group, to a total of 11.6% of the population. In bothcases, this coincides with a dramatic decrease in the 35 to 44 yearage bracket. While the drop is more dramatic at the 15 to 24 yearbracket, the two are related as smaller family size, coupled with adrop in the 35 to 44 year bracket, indicates a smaller percentage offamilies with older children living in the area.Table 3: Village of Folsom Age Cohorts2000 Census 2010 Estimate 2015 ProjectionNumber Percent Number Percent Number Percent% ChangeUnder 5 years 37 7.0% 38 6.6% 38 6.3% -0.7%5-14 years 83 15.8% 81 14.0% 85 14.1% -1.7%15-24 years 68 16.2% 66 11.2% 66 11.0% -5.2%25-34 years 69 13.1% 69 12.0% 76 12.6% -0.5%35-44 years 89 17.0% 69 12.0% 67 11.1% -5.9%45-54 years 69 13.1% 92 15.9% 89 14.8% +1.7%55-64 years 50 9.5% 88 15.3% 91 15.1% +5.9%65-74 years 38 7.2% 49 8.5% 60 10.0% +2.8%75-84 years 19 3.6% 19 3.3% 23 3.8% +0.2%85+ years 3 0.6% 6 1.0% 6 1.0% +0.4%Data Sources: U.S. Census Bureau (1990, 2000), ESRI Forecasts (2010, 2015)Prepared by Villavaso & Associates, LLA (August 2010)Notable similarities between the Village of Folsom and St.Tammany Parish include a dramatic increase in the 55 to 64 yearage group, with increases of 5.9% and 4.3% respectively. This trendcontinues with marked increases in the 65 to 74 year age bracket,and slight increases in older populations. Overall, the Village isexpected to increase its 55 and older population by nearly 10%,while the Parish will experience an increase of roughly 7.2%. Thistranslates to a noteworthy shift, as the percentage of families withschool aged children decreases, it would appear that Folsom andthe Parish are both becoming retirement destinations for theregion (see Table xxx). While much of this may be attributable toan aging-in-place population, the increase in senior and retirementcommunities across the North Shore indicate that people aremoving in from other areas to retire. This growing retiree/seniorpopulation in Folsom and the Parish should be taken into accountwhen planning for future development and service provision in thearea.Table 4: St. Tammany Parish Age Cohorts2000 Census 2010 Estimate 2015 Projection %Number Percent Number Percent Number Percent ChangeUnder 5 years 13,556 7.1% 16,926 7.1% 17,955 7.0% -0.1%5-14 yrs 31,176 16.3% 34,941 14.7% 37,977 14.8% -1.5%15-24 years 14,672 12.4% 28,331 11.9% 29,311 11.5% -0.9%25-34 years 9,045 12.0% 29,786 12.5% 32,448 12.7% +0.7%35-44 years 22,986 17.8% 32,962 13.9% 35,195 13.8% -4.0%45-54 years 34,112 15.5% 38,238 16.1% 35,791 14.0% -1.5%55-64 years29,703 8.8% 29,942 12.6% 33,533 13.1% +4.3%65-74 years 16,858 5.7% 15,608 6.6% 20,970 8.2% +2.5%75-84 years 10,993 3.3% 8,064 3.4% 8,778 3.4% +0.1%85+ yrs 1,838 1.0% 3,069 1.3% 3,342 1.3% +0.3%Data Sources: U.S. Census Bureau (1990, 2000), ESRI Forecasts (2010, 2015)Prepared by Villavaso & Associates, LLA (August 2010)Village of Folsom, LADRAFT Comprehensive Master Plan – 11.7.2010 Draft10

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