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8/1/2018 © 2016 Regents of the University of Minnesota. All rights reserved. 1 1 © 2018 Regents of the University of Minnesota. All rights reserved. Pine City Market Area Profile 2 © 2018 Regents of the University of Minnesota. All rights reserved. Pine City Convenience (blue) and destination (pink) Trade Areas.

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Page 1: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 1

1

© 2018 Regents of the University of Minnesota. All rights reserved.

Pine City Market Area Profile

2

© 2018 Regents of the University of Minnesota. All rights reserved.

Pine City Convenience (blue) and destination (pink) Trade Areas.

Page 2: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 2

3

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 POPULATION BY AGE (SOURCE: ESRI)

0

2

4

6

8

10

12

14

16

0-4 5-9 10-14 15-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

en

t

Convenience Destination Minnesota

4

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 POPULATION RACE AND ETHNICITY (EXCLUDING WHITE, EUROPEAN-AMERICAN) (SOURCE: ESRI)

0 1 2 3 4 5 6 7

Black

American Indian

Asian

Pacific Islander

Other Race

Two + Races

Hispanic

Percent

Convenience Destination Minnesota

Page 3: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 3

5

© 2018 Regents of the University of Minnesota. All rights reserved.

2010 HOUSEHOLD COMPOSITION (SOURCE: U.S. CENSUS)

0 5 10 15 20 25 30 35

One person Households

Husband - Wife (Alone)

Husband - Wife - Children

Male Householder & Children

Male Householder & Other Family

Female Householder & Children

Female Householder & Other Family

Non-family Households

Convenience Destination Minnesota

6

© 2018 Regents of the University of Minnesota. All rights reserved.

2010 POPULATION IN GROUP QUARTERS (SOURCE: U.S. CENSUS)

0 1 2 3 4 5 6

Institutionalized

Non-institutionalized

Percent

Convenience Destination Minnesota

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8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 4

7

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 HOUSING UNITS (SOURCE: ESRI)

0 10 20 30 40 50 60 70

Seasonal

Renter

Owner Occupied

Percent

Convenience Destination Minnesota

8

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 HIGHEST EDUCATION LEVEL OF ADULTS AGES 25+ (SOURCE: ESRI)

0 5 10 15 20 25 30 35

< 9th grade

Some High School

High School Graduate

GED

Some College (no degree)

Associate Degree

Bachelor's Degree

Graduate / Professional Degree

Convenience Destination Minnesota

Page 5: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 5

9

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 OCCUPATIONS OF RESIDENTS (SOURCE: ESRI)

0 5 10 15 20 25

Farming / Forestry / fishing

Installation / Maintenance / Repair

Construction / Extraction

Transportation / Material Moving

Sales

Management / Business / Financial

Production

Administrative Support

Professional

Services

Percent

Destination Convenience

10

© 2018 Regents of the University of Minnesota. All rights reserved.

MEDIAN HOUSEHOLD INCOME (SOURCE: ESRI)

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

2017 2022

Convenience Destination Minnesota

Page 6: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 6

11

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 HOUSEHOLD INCOME (SOURCE: ESRI)

0 5 10 15 20

<$15

$15 - $24

$25 - $34

$35 - $49

$50 - $74

$75 - $99

$100 - $149

$150 - $199

$200+

Percent

In T

hou

san

ds

Convenience Destination Minnesota

12

© 2018 Regents of the University of Minnesota. All rights reserved.

2017 HOUSEHOLD NET WORTH (SOURCE: ESRI)

0 5 10 15 20 25

<$15

$15 - $34

$35 - $49

$50 - $74

$75 - $99

$100 - $149

$150 - $249

$250 - $500

$500+

Percent

In T

hou

san

ds

Minnesota Destination Convenience

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8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 7

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© 2018 Regents of the University of Minnesota. All rights reserved.

2017 HOUSEHOLD NET WORTH BY AGE OF HEAD OF HOUSEHOLD (SOURCE: ESRI)

$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

<25(2%)

25-34(12%)

35-44(14%)

45-54(18.5%)

55-64(22%)

65-74(17%)

>75(14%)

Ages Percent of households

Convenience Destination

14

© 2018 Regents of the University of Minnesota. All rights reserved.

ADULT PSYCHOGRAPHICS (SOURCE: ESRI)

0 10 20 30 40 50 60

Usually value green products over…

Usually pay more for environ safe…

Usually buy items on credit rather…

Am interested in how to help the…

Usually buy based on quality - not price

Usually use coupons for brands I buy…

Price is usually more important than…

Likely to buy a brand that supports a…

Buying American is important to me

Destination Convenience

Page 8: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 8

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© 2018 Regents of the University of Minnesota. All rights reserved.

CONVENIENCE IN-FLOW AND OUT-FLOW (SOURCE: ONTHEMAP)

16

© 2018 Regents of the University of Minnesota. All rights reserved.

CONVENIENCE EMPLOYEES DISTANCE & DIRECTION (SOURCE: ONTHEMAP)

Page 9: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 9

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© 2018 Regents of the University of Minnesota. All rights reserved.

County Count Percent

Pine 1,779 63.4%

Chisago 250 8.9%

Kanabec 172 6.1%

Isanti 121 4.3%

Burnett (WI) 70 2.5%

Anoka 63 2.2%

Washington 38 1.4%

Hennepin 34 1.2%

Ramsey 25 0.9%

Carlton 21 0.7%

2,552 91.0%

CONVENIENCE: EMPLOYEES HOME (SOURCE: ONTHEMAP)

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© 2018 Regents of the University of Minnesota. All rights reserved.

CONVENIENCE: RESIDENTS DISTANCE AND DIRECTION (SOURCE: ONTHEMAP)

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8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 10

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© 2018 Regents of the University of Minnesota. All rights reserved.

CONVENIENCE: JOB LOCATION OF RESIDENTS (SOURCE: ONTHEMAP)

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© 2018 Regents of the University of Minnesota. All rights reserved.

DESTINATION IN-FLOW & OUTFLOW (SOURCE: ONTHEMAP)

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8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 11

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© 2018 Regents of the University of Minnesota. All rights reserved.

DESTINATION EMPLOYEES DISTANCE AND DIRECTION (SOURCE: ONTHEMAP)

22

© 2018 Regents of the University of Minnesota. All rights reserved.

County Count Percent

Pine 5,408 32.1%

Kanabec 2,704 16.0%

Burnett (WI) 2,567 15.2%

Chisago 1,295 7.7%

Polk (WI) 951 5.6%

Isanti 827 4.9%

Carlton 255 1.5%

Anoka 231 1.4%

Aitkin 218 1.3%

Mille Lacs 198 1.2%

Total 14,654 87.0%

DESTINATION EMPLOYEES HOME (SOURCE:ONTHEMAP)

Page 12: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 12

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© 2018 Regents of the University of Minnesota. All rights reserved.

DESTINATION RESIDENTS DISTANCE & DIRECTION (SOURCE: ONTHEMAP)

24

© 2018 Regents of the University of Minnesota. All rights reserved.

County Count Share

Pine 5,026 22.3%

Chisago 1,970 8.8%

Burnett (WI) 1,959 8.7%

Kanabec 1,821 8.1%

Hennepin 1,701 7.6%

Isanti 1,612 7.2%

Anoka 1,079 4.8%

Polk (WI) 1,035 4.6%

Ramsey 871 3.9%

Carlton 474 2.1%

78.0%

DESTINATION JOB LOCATION OF RESIDENTS (SOURCE: ONTHEMAP)

Page 13: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 13

25

© 2018 Regents of the University of Minnesota. All rights reserved.

BUSINESS SURVEY With County Fair Survey last fall

Distributed through Chamber email list

24 completed surveys

– 5 Retail

– 4 Financial Services

– 5 Other For-Profit Services

– 2 Manufacturers

– 3 Non-profit human services

26

© 2018 Regents of the University of Minnesota. All rights reserved.

CUSTOMER BASE

47%

44%

6% 3%

Average percent sales

Local (Within School District) Regular from outside school district

Visitors / Tourists Online

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8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 14

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© 2018 Regents of the University of Minnesota. All rights reserved.

TOP ISSUES TO IMPROVE PINE CITY AS A PLACE TO SHOP

0 2 4 6 8 10 12 14 16 18

Workforce

Parking

Hours of operation

Cost of goods

Public infrastructure

Public safety

Customer service

Quality of goods

Aesthetics or ‘look’ of shopping areas

Goods and services available

Number of times issue is ranked

First Second Third

28

© 2018 Regents of the University of Minnesota. All rights reserved.

BUSINESS CHALLENGES

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Conflict with building owner or tenant

Poor building condition

Out-of-town competition

Cost of rent

Restrictive business regulations

Expensive or unavailable productsInsufficient parking

Vandalism

Insufficient financing

In-town competition

Unskilled workers

Shoplifting or theft

Cost of shipping or transportation

Cost of employee wages or benefits

Difficulty recruiting or retaining employees

Major Challenge Minor Challenge No Challenge

Page 15: Pine City Market Area Profile6C78F918... · 2018-08-01 · Difficulty recruiting or retaining ... The University of Minnesota is an equal opportunity educator and employer. This PowerPoint

8/1/2018

© 2016 Regents of the University of

Minnesota. All rights reserved. 15

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© 2018 Regents of the University of Minnesota. All rights reserved.

The University of Minnesota is an equal opportunity educator and employer. This PowerPoint is available in alternative formats

upon request. Direct requests to XXX-XXX-XXXX.

Liz Templin [email protected] 763-767-3880