Presented by: Proposed Sports and Event Complex in Coeur d ...
Presented by: Proposed Sports and Event Complex in Coeur d ...
Presented by: Proposed Sports and Event Complex in Coeur d ...
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Income<br />
Another socioeconomic variable that will be important to the potential success of the proposed<br />
event facility is household <strong>in</strong>come. Income levels can serve as an <strong>in</strong>dication of area households’<br />
ability to support spectator events <strong>and</strong> other programm<strong>in</strong>g that could potentially be held at a<br />
facility <strong>in</strong> <strong>Coeur</strong> d’Alene. The table below summarizes key household <strong>in</strong>come statistics of the<br />
proposed <strong>in</strong>door event facility’s markets.<br />
Income Statistics<br />
Kootenai Spokane United<br />
County County States<br />
Average Household Income $56,400 $55,800 $66,700<br />
Median Household Income $47,200 $47,000 $49,300<br />
Per Capita Income $30,900 $27,500 $25,500<br />
Source: J.P. Stravens/Plann<strong>in</strong>g Associates, Inc.<br />
Claritas, Inc.<br />
Kootenai County <strong>and</strong> Spokane County exhibit slightly lower household <strong>in</strong>come levels as<br />
compared to the national average <strong>in</strong> terms of average household <strong>in</strong>come <strong>and</strong> median household<br />
<strong>in</strong>come. However, per capita <strong>in</strong>come levels <strong>in</strong> these markets are slightly higher than the national<br />
average. In develop<strong>in</strong>g pric<strong>in</strong>g structures for tickets to spectator events <strong>in</strong> <strong>Coeur</strong> d’Alene, it will<br />
be important to identify price po<strong>in</strong>ts that are supportable given the <strong>in</strong>come demographics of area<br />
residents.<br />
The follow<strong>in</strong>g map illustrates the median household <strong>in</strong>come <strong>by</strong> zip code <strong>in</strong> the primary <strong>and</strong><br />
secondary markets reviewed, identify<strong>in</strong>g areas of relatively high <strong>and</strong> low <strong>in</strong>come levels<br />
throughout the region.<br />
Avg. HH Inc.<br />
<strong>by</strong> Zip Code<br />
Average Household Income Map<br />
25-Mile Radius<br />
50-Mile Radius<br />
Feasibility Analysis of a New <strong>Sports</strong> <strong>and</strong> <strong>Event</strong> <strong>Complex</strong> <strong>in</strong> <strong>Coeur</strong> d’Alene<br />
Local Market Conditions Analysis<br />
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