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Comprehensive Plan Housing Element
<br />the number of future households and, consequently, the number of units needed to house those
<br />households. Assuming a 15% rate for seasonal and vacant units, the total needed units are then
<br />calculated. For years 2010, 2015, 2020, 2025, and 2030, the total number of additional units needed was
<br />determined by subtracting existing units from projected units. Based on those projections, an additional
<br />26,839 units must be constructed between now and 2030.
<br />As in the past, virtually all of the housing units needed by 2030 will be constructed by the private sector.
<br />As such, market demand will dictate the pace of housing construction through 2030, and no county
<br />policies are needed to ensure that overall housing needs are met. While overall housing need will be met
<br />by the private sector, government assistance will be needed for those households in the lowest income
<br />categories.
<br />Table 7.14
<br />Housing Need
<br />Indian River County
<br />*Source: University of Florida Bureau of Economic and Business Research (BEBR)
<br />• Special Hausinp Needs
<br />In determining housing needs, there are several population categories that warrant particular
<br />consideration. These are the elderly, the low income disabled, and farmworkers. One population
<br />category that warrants special consideration from a housing needs perspective is the elderly. The
<br />following table shows the percentage of Indian River County households headed by a person 65 or older
<br />as reported by the 1990 census, the 2000 census, and the 2005 Shimberg Center for affordable housing
<br />estimate.
<br />25
<br />Community Development Department Indian River County
<br />2010
<br />2015
<br />2020
<br />2025
<br />2030
<br />A. BEBR Population Projections*
<br />142,300
<br />155,000
<br />169,300
<br />183,400
<br />196,900
<br />B. Average Household Size
<br />2.25
<br />2.25
<br />2.25
<br />2.25
<br />2.25
<br />C. Number of Households (pop. - house size)
<br />63,248
<br />68,888
<br />75,244
<br />81,511
<br />87,511
<br />D. Seasonal and Vacant Units (15% of total)
<br />9,487
<br />10,333
<br />11,286
<br />1 12,226
<br />13,126
<br />Total Housing Units Needed (C+D)
<br />72,735
<br />79,221
<br />86,530
<br />93,737
<br />100,637
<br />Existing 2005 single family and mobile home units
<br />55,831
<br />55,831
<br />55,831
<br />55,831
<br />55,831
<br />Existing 2005 Multi -family Units
<br />17,967
<br />17,967
<br />17,967
<br />17,967
<br />17,967
<br />Total 2005 Units
<br />73,798
<br />73,798
<br />73,798
<br />73,798
<br />73,798
<br />Housing Unit Needed (demand -current number of units)
<br />1 -1,063
<br />5,423
<br />12,732
<br />19,939
<br />26,839
<br />*Source: University of Florida Bureau of Economic and Business Research (BEBR)
<br />• Special Hausinp Needs
<br />In determining housing needs, there are several population categories that warrant particular
<br />consideration. These are the elderly, the low income disabled, and farmworkers. One population
<br />category that warrants special consideration from a housing needs perspective is the elderly. The
<br />following table shows the percentage of Indian River County households headed by a person 65 or older
<br />as reported by the 1990 census, the 2000 census, and the 2005 Shimberg Center for affordable housing
<br />estimate.
<br />25
<br />Community Development Department Indian River County
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