Dakota County Housing Data

Dakota County is one of the fastest growing counties in Minnesota and has a mix of first, second and third ring suburban communities.

QUICK STATS
Population (2014 Met Council estimate): 411,507
By 2020, Dakota County is expected to have a population of 488,750
Number of Households (2014 Met Council estimate): 157,319
Median Home Sale Price (2014): $211,100

 

Dakota County Commercial & Industrial Space
Market Study

In 2007, the Dakota County Board adopted six Strategic Initiatives for Economic Development in order to help enhance and coordinate economic conditions at a regional level. One of those initiatives relates to coordinating strategic infrastructure and land development, including brownfield redevelopment, telecommunications and commercial/industrial development. 

The Dakota County CDA hired Maxfield Research to complete a county-wide commercial and industrial market study to assess the supply and demand in all cities and townships through 2030. The study was completed in April 2008 with conclusions in three categories: commercial/retail, office and industrial development.   

Dakota County Commercial & Industrial Space Market Study

Questions? Contact Lisa Alfson at 651-675-4467.

Dakota County Housing Needs Assessment

The CDA commissioned this comprehensive assessment of Dakota County's housing needs. The assessment was prepared by Maxfield Research, Inc. It projects housing demand for each community and township in Dakota County through 2030 and provides recommendations on the amount and types of housing (owner and rental) that will be needed to satisfy demand from current and future residents.

The assessment estimates that due to estimated job growth and changes in housing preferences, there will be a demand for 80,000 housing units in Dakota County by 2030. Of those, nearly 8,000 will need to be affordable to low- and moderate-income households.

2013 Housing Needs Assessment Report

Questions? Contact Travis Finlayson at 651-675-4468.

Dakota County Rental Market Survey

Since 1985, the CDA has conducted an annual survey of market rate rental housing in Dakota County. Rental units represented in the survey are from voluntary responses to survey questions. The survey features special sections for assisted/congregate living, senior and tax credit housing.

2015 Rental Market Survey Summary

2014 Rental Market Survey Summary

The 2015 survey covered 19,788 rental units. The overall vacancy rate in Dakota County in 2015 decreased to 1.73% from 1.86% in 2014.

2015 Average Rents
Efficiency: $699
One-bedroom: $905
Two-bedroom: $1,154
Three-bedroom: $1,452

Questions? Contact Vangyee Yang at 651-675-4533 or by email at
vyang@dakotacda.state.mn.us

 

Workforce Housing Study

In 2002, the CDA worked with Market Research Partners, Inc. to assess all of the cities and townships in Dakota County for their need for affordable rental units for families through the year 2020. The study identifies housing markets, growth patterns and multifamily land supply in Dakota County.

Workforce Housing Study

Questions? Contact Sara Swenson at 651-675-4433.

LINKS TO DATA RESOURCES
Dakota County Office of Performance & Analysis
Metropolitan Council
Minnesota State Demographic Center
U.S. Census Bureau

 

 

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