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 (2008 Met Council estimate): 398,487
By 2020, Dakota County is expected to have a population of 488,750
Number of Households (2008 Met Council estimate): 151,450
Median Home Sale Price (2008): $214,550

RESEARCH
Commercial & Industrial Space Market Survey
Dakota County Housing Needs Assessment
Dakota County Rental Market Survey
Workforce Housing Study

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
(PDF, 3.4 MB, 87 Pages)

If you have questions about the Dakota County Commercial & Industrial Space Market Study, please contact Dan Rogness at (651) 675-4464.

Dakota County Housing Needs Assessment

In 2005, the CDA commissioned this comprehensive assessment of Dakota County's housing needs. The assessment was prepared for the CDA by Maxfield Research, Inc. The assessment 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.

Housing Needs Assessment Summary (PDF, 733 KB, 27 Pages)
Housing Needs Assessment Full Report (PDF, 22 MB, 148 Pages)

If you have questions about the Dakota County Housing Needs Assessment, please contact Dan Rogness at (651) 675-4464.

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.

2010 Rental Market Survey Summary (PDF, 9 MB, 1207 Pages)

The 2010 survey covered 21,374 rental units. The overall vacancy rate in Dakota County increased to 6.94% up from the 2009 vacancy rate of 5.64%.

2010 Average Rents:
Efficiency - $605
One-bedroom - $747
Two-bedroom - $917
Three-bedroom - $1,213

If you have questions about the Rental Market Survey, please call Leah Petricka at (651) 675-4533.

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 (PDF, 2.3 MB, 100 Pages)

If you have questions about the Workforce Housing Study, please contact Cheryl Jacobson at (651) 675-4433.

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

 

 

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