winder memory care market analysis...2020/07/01 · proposed memory care facility will start at...

2020

Ernie Anaya, MBA

Bull Realty, Inc.

7/28/2020

Winder Memory Care Market Analysis

MARKET ANALYSIS METHODOLOGY

This market demand analysis using a defined methodology is being conducted to examine an existing 22-Bed Memory Care facility in the Winder, GA PMA (10-mile radius) located at 208 Memory Lane, Winder, Georgia. Currently, the 22-bed Memory Care facility is vacant. Our analysis will show demand estimates for the current year for the subject property, and five years from the current year.

DEFINITION OF TARGET GROUPS

The demand estimates will be based upon the quantity of four potential “target groups” who are likely users of senior housing. Analysis of these four target groups will provide four separate indications of demand for senior housing. We will then consider the indications from each of the four demand indications in deriving our demand conclusions. The target groups are as follows:

TARGET GROUP 1

Although most persons entering senior housing are over the age of 80, some persons between the ages of 65 and 80 do elect to live in senior housing. Therefore, the broadest potential target group for senior housing is persons age 65 and over. The number of persons 65+ is often considered in bed need methodologies adopted by various state health care planning agencies.

TARGET GROUP 2

The next potential “target group” typically examined in evaluating demand for senior housing is the number of households headed by a “householder” age 75 and over. Most of senior housing residents fall into the 75+ age range.

TARGET GROUP 3

The next target group consists of the “age qualified” population that has adequate income to live in elderly housing. Many research firms are now considering $75,000 to be the minimum “qualifying” income for Memory Care. Although research has shown that many seniors with lesser income levels can afford to reside in seniors housing due to having income from other sources or assets to spend down, $75,000 is widely considered a benchmark for the private pay market. Thus, Target Group 3 consists of the number of households with income of $75,000+ headed by a householder age 75+.

TARGET GROUP 4

Target group 4 consists of a group referred to in the industry as “adult children”. Children and/or other relatives of seniors generally play a significant role in the placement of a senior in a senior housing facility. Market areas where there are large concentrations of persons in the 55-64 age group can often support significantly larger supply of senior housing than would be indicated through analysis of seniors already residing in the area. This is because in-migration of seniors into markets with large adult child populations is common. This phenomenon is largely since while many elderly parents of the residents do not currently live near their children, they will be encouraged to do so as they age in place and require greater care. When frailty and dependence occur on the part of an aging parent, the adult children frequently elect to move their loved one closer to them so that they can help attend to their needs more frequently. Thus, Target Group 4 is the number of persons in the age 55-64 age bracket.

DISCUSSION OF ACHIEVABLE PENETRATION RATES

There are no industry standard definitions for penetration or capture rates. For this type of analysis, a penetration rate is the number of beds or units of a specific type that should be demanded at market equilibrium within a given market area, divided by the number of persons or households of a specific type in the same market area. For example, if 100 beds of assisted living should be demanded, and there are 1,000 persons aged 65+ that reside in the PMA, the indicated penetration rate is 10%.

In order to determine the appropriate penetration rates, we have relied upon the National Demand Estimates provided in The Case for Investing in Seniors Housing and Long-Term Care Properties With Updated Projections. Using the updated demand estimates in this study, national penetration rates are calculated in the table below. These penetration rates, derived from the most complete and authoritative study of national demand in existence, will be used as the basis for estimating demand in the subject’s market area. It should be noted that these estimates are for private-pay demand only. Demand for private and public pay accommodations are much higher. Thus, in some markets, higher penetration rates may be achievable. This will depend upon the availability of public funding.

MEMORY CARE DEMAND ASSUMPTIONS

To determine the potential need for a memory care program in each market, we will make seven assumptions:

1. As indicated earlier, the probable extent of the Winder PMA is assumed to be a Winder radius in and around the facility site in Winder, Georgia.

2. In addition to the prospects we will expect to derive from the primary market

itself, we will expect the facility to fill approximately 10% of its beds from elderly clients moving to the area from outside the market, primarily from some referrals from the peripheral communities around Winder.

We also expect a small percentage of move-ins to come from seniors relocating to Winder from other parts of the state of Georgia and even other states. This phenomenon is largely since while many elderly parents of the residents do not currently live near their children, they will be encouraged to do so as they age in place and require greater care.

3. Since the Winder facility is functioning in the year 2020, we will make population projections for determining whether there will be sufficient demand for the number of beds to be utilized.

4. “Income Qualified Households”. We will exclude from consideration any prospect

who does not earn at least $75,000 per year. The memory care services in the proposed memory care facility will start at $5,000 per month for a private room, which will amount to $60,000 per year, and is about 80% of $75,000. ¹ Those earning less than $75,000 per year would not be able to afford the monthly rents.

5. “Non-Income Qualified Households”. Not only do we expect income-qualified prospects to be candidates for the proposed facility, we also understand that a small percentage of memory victims who fall below the income threshold (“Non-Qualified”) will be placed in the facility by loved ones who will pay the monthly fee on behalf of their mother or father.

__________________________ ¹This finding is consistent with Pathway Senior Living (www.pathwayseniorliving.com), who estimates that residents of assisted living facilities often pay as much as 90% of income to monthly fees.

While there is no firm data on the percentage of indigent memory residents living in an all private-pay facility, some estimates have been offered by Maxfield Research, a Minnesota-based market research and consulting firm. Maxfield Research is recognized as the leading market research firm for senior housing in the Upper Midwest.ˡ

According to Maxfield Research, about 5% of indigent memory victims aged 65-74 will obtain residential care through the benevolence of a loved one, and as many as 15% of indigent memory victims aged 75+ will have their monthly fees paid for them as well. We will use these percentages in estimating the draw from the “Non-Qualified” prospect pool.

6. Incidence of Alzheimer’s Disease. There is some disagreement within the medical community over the prevalence of Alzheimer’s Disease (AD). For example, The National Institute on Aging estimates that about 4.0 million Americans have AD, while the National Alzheimer’s Association places the number at 5.3 million². As such, the incidence of AD may be a range from 10% of seniors to 13% of seniors.

Also, the probable incidence of Alzheimer’s Disease increases at various age levels. Below is the latest information from the National Alzheimer's Association ("2010 Alzheimer's Disease Facts & Figures") and "How Many Americans Have Alzheimer's Disease" Nov. 27, 2007 report from Alzheimer's Disease Education and Referral Center (ADEAR), regarding the prevalence of memory at various age levels:

Incidence of Alzheimer’s Disease

1.88% of persons under the age of 65 13% of persons 65+ 5% of persons 65-74 22.1% of persons 75+

9.68% of persons 75-84 50% of persons 85+

We will rely on these numbers in calculating the size of the prospect pool for memory assisted living care, in the enclosed spreadsheet.

7. Saturation Point or Capture Rate. The Saturation rate is used to compare the inventory of units (or capacity) in the market to the qualified market. The Saturation Rate represents the estimated maximum number of units likely to be filled by the qualified prospect pool.

___________________________ ˡSee www.maxfield research.com. ²”2010 Alzheimer’s Disease Facts and Figures”, published by the National Alzheimer’s Association, P.9

A 30% capture rate of the memory assisted living prospect pool is considered an average estimate, according to the National Investment Center for the Senior Housing and Care Industry, a benchmark now commonly used by other senior housing research specialists (i.e., Maxfield Research, etc.)

MEMORY DEMAND CALCULATION

The enclosed spreadsheet, Memory Care Unmet Demand, incorporates all the assumptions presented above to estimate the probable need for memory care beds in the Winder market, for both 2020 and 2025. The spreadsheet first starts by estimating the number of likely memory victims in the Winder PMA, both income-qualified and non-income qualified, based on incidence assumptions provided by the National Alzheimer’s Association, the Alzheimer’s Disease Research and Referral Center (ADEAR), and ESRI Demographics.

The model then factors in the probable draw from secondary markets to yield the total bed need for the Winder PMA. From the total prospect pool, a saturation rate of 25% is applied, to yield the maximum number of memory units the market is likely to be able to support assuming a “Maximum Occupancy Rate” of 90% in competitive units within the PMA. After deducting the existing inventory provided by the National Investment Center for Senior Housing (NIC), we are left with the Unmet Demand for additional memory units.

There is a total of 63 Personal Care Home units and 0 Memory Care units in Winder. As the model indicates, the Unmet Demand for memory care units in Winder PMA will total 126 units in addition to current and planned by 2020; and could total 203 units by 2025, a 61.1% increase. According to the Centers for Medicare and Medicaid (CMS), there are 240 Namenda prescriptions in Winder, GA (e.g., Alzheimer’s).

PMA DEMOGRAPHICS

55 to 64 65 to 74 75+

Average HHI $86,963 $75,827 $52,758

Average Net Worth $817,553 $934,175 $868,638

Average home values: $240,041

DISCLAIMER: While the information is deemed reliable, no warranty is expressed or implied. Any

information important to you or another party should be independently confirmed within an

applicable due diligence period.

DISABILITY STATISTICS

Age 75+ Disability Characteristics

• Cognitive Difficulty – 9.1%

• Ambulatory Difficulty – 35.9%

• Self-care Difficulty – 14.2%

• Independent Living Difficulty – 19.3% Reference: US Census DISCLAIMER: While the information is deemed reliable, no warranty is expressed or implied. Any information important to you or another party should be independently confirmed within an applicable due diligence period.

References:

* ESRI Demographics Data

** State of Georgia

*** PCH units, zero Memory Care in Winder

DISCLAIMER: While the information is deemed reliable, no warranty is expressed or implied. Any information important to you

or another party should be independently confirmed within an applicable due diligence period.

Memory Care Demand - 10 Mile Winder2020 Income-Qualified Households Requiring Memory CareAge % Memory Income Qualified Hholds | $50K+ #Draw from Qualified Memory Non Income Qualified HHolds # Non- Qualified Memory % Draw from Non Qualified # Draw from Non- Qualified Memory Total

55-64 1.88% 4,285 81 4,518 85 5% 4 85

65-74 5.0% 2,183 109 4,162 208 5% 10 120

75+ 22.1% 701 155 3,007 665 15% 100 255

Total 7,169 345 11,687 958 114 459

2025 Income-Qualified Households Requiring Memory CareAge % Memory Income Qualified Hholds | $50K+ #Draw from Qualified Memory Non Income Qualified Persons # Non- Qualified Memory % Draw from Non Qualified # Draw from Non Qualified Memory Total

55-64 1.88% 4,998 94 4,404 83 5% 4 98

65-74 5.0% 2,825 141 4,434 222 5% 11 152

75+ 22.1% 1,162 257 3,907 863 15% 130 386

Total 8,985 492 43,153 1,168 145 637

Memory Care Demand Calculation

2020 2025

1. Calculated Market Potential 637459

2. Identified Competitive Units in Market Area (includes planned or under construction) 63 63

Maximum Occupancy in Competitive Units*** 90% 90%

4. Adjusted Competitive Units 57 57

3.

5. Available Prospects in Market Area (Line 1 – Line 4) 402 580

6. Percent of Added Prospects from Outside the Market Area 0.7 0.7

7. Prospects from Outside the Market Area (Line 5 ÷ 0.70 - Line 5) 172 249

8. Potential Market Area (Line 5 + Line 7) 575 829

Market Demand Computation9. Total Adjusted Market Potential [Line 4 + Line 8] 631 885

10. Estimated Percent of Need Met by MemorySpecial Care Unit 30% 30%

11. Calculated Number of Units to Fill Total Demand 189 266

63

MEMORY CARE – UNMET DEMAND 126 203

12. Less Competitive Units (Line 2) 63

Name Facility Type Address City State Zip Bed CapacityDOLLY'S COMMUNITY LIVING ARRANGEMENT 555 COTTON CREEK LANE WINDER GA 30680 4GEORGIA MENTOR ‐ FRANKLIN COMMUNITY LIVING ARRANGEMENT 258 FRANKLIN COURT WINDER GA 30680 3LIFETIME CLA COMMUNITY LIVING ARRANGEMENT 706 HIGH POINT DRIVE WINDER GA 30680 4MAGNOLIA ESTATES OF WINDER PERSONAL CARE HOME 624 GAINESVILLE HIGHWAY WINDER GA 30680 47METRO CLA‐ WINDER COMMUNITY LIVING ARRANGEMENT 28 PIERCE TRAIL WINDER GA 30680 2WHISPERING WAY ‐ NORMAL LIFE OF GA COMMUNITY LIVING ARRANGEMENT 868 WHISPERING WAY WINDER GA 30680 3

63

Age 50+ Profile208 Memory Ln, Winder, Georgia, 30680 Prepared by EsriRing: 3 mile radius Latitude: 34.01195

Longitude: -83.70239

2020-2025 2020-2025Demographic Summary Census 2010 2020 2025 Change Annual Rate

Total Population 20,396 23,995 25,832 1,837 1.49%Population 50+ 5,761 7,642 8,445 803 2.02%Median Age 34.5 36.2 36.6 0.4 0.22%Households 7,358 8,614 9,270 656 1.48%% Householders 55+ 37.6% 42.3% 43.9% 1.6 0.75%Total Owner-Occupied Housing Units 4,762 5,167 5,562 395 1.48%Total Renter-Occupied Housing Units 2,596 3,447 3,708 261 1.47%Owner/Renter Ratio (per 100 renters) 183 150 150 0.0 0.00%Median Home Value - $170,272 $182,300 $12,028 1.37%Average Home Value - $216,079 $240,814 $24,735 2.19%Median Household Income - $53,536 $56,608 $3,072 1.12%Median Household Income for Householder 55+ - $43,725 $46,707 $2,982 1.33%

Population by Age and Sex Census 2010 2020 2025

Male Population Number % of 50+ Number % of 50+ Number % of 50+Total (50+) 2,449 100.0% 3,356 100.0% 3,742 100.0%

50-54 592 24.2% 712 21.2% 752 20.1%55-59 506 20.7% 668 19.9% 677 18.1%60-64 469 19.2% 581 17.3% 662 17.7%65-69 284 11.6% 486 14.5% 528 14.1%70-74 224 9.1% 409 12.2% 463 12.4%75-79 177 7.2% 229 6.8% 338 9.0%80-84 110 4.5% 136 4.1% 174 4.6%85+ 87 3.6% 135 4.0% 148 4.0%

Census 2010 2020 2025Female Population Number % of 50+ Number % of 50+ Number % of 50+Total (50+) 3,312 100.0% 4,285 100.0% 4,703 100.0%

50-54 668 20.2% 750 17.5% 788 16.8%55-59 572 17.3% 744 17.4% 749 15.9%60-64 546 16.5% 678 15.8% 718 15.3%65-69 417 12.6% 586 13.7% 672 14.3%70-74 355 10.7% 558 13.0% 604 12.8%75-79 285 8.6% 381 8.9% 504 10.7%80-84 228 6.9% 280 6.5% 333 7.1%85+ 241 7.3% 308 7.2% 335 7.1%

Census 2010 2020 2025Total Population Number % of Total Pop Number % of Total Pop Number % of Total PopTotal(50+) 5,761 28.2% 7,642 31.8% 8,445 32.7%

50-54 1,260 6.2% 1,462 6.1% 1,540 6.0%55-59 1,077 5.3% 1,412 5.9% 1,426 5.5%60-64 1,015 5.0% 1,258 5.2% 1,380 5.3%65-69 701 3.4% 1,073 4.5% 1,200 4.6%70-74 579 2.8% 967 4.0% 1,067 4.1%75-79 463 2.3% 610 2.5% 842 3.3%80-84 338 1.7% 416 1.7% 507 2.0%85+ 328 1.6% 444 1.9% 483 1.9%

65+ 2,409 11.8% 3,510 14.6% 4,099 15.9%75+ 1,129 5.5% 1,470 6.1% 1,832 7.1%

Data Note - A "-" indicates that the variable was not collected in the 2010 Census.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

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2020 Households by Income and Age of Householder 55+55-64 Percent 65-74 Percent 75+ Percent Total Percent

Total 1,497 100% 1,243 100% 902 100% 3,642 100%<$15,000 123 8.2% 99 8.0% 112 12.4% 334 9.2%$15,000-$24,999 170 11.4% 244 19.6% 302 33.5% 716 19.7%$25,000-$34,999 120 8.0% 137 11.0% 129 14.3% 386 10.6%$35,000-$49,999 224 15.0% 218 17.5% 141 15.6% 583 16.0%$50,000-$74,999 309 20.6% 220 17.7% 80 8.9% 609 16.7%$75,000-$99,999 294 19.6% 169 13.6% 81 9.0% 544 14.9%$100,000-$149,999 195 13.0% 116 9.3% 45 5.0% 356 9.8%$150,000-$199,999 32 2.1% 16 1.3% 3 0.3% 51 1.4%$200,000+ 29 1.9% 24 1.9% 9 1.0% 62 1.7%

Median HH Income $56,705 $43,501 $27,257 $43,725Average HH Income $67,563 $58,003 $42,106 $58,011


Total 1,571 100% 1,368 100% 1,131 100% 4,070 100%<$15,000 111 7.1% 91 6.7% 124 11.0% 326 8.0%$15,000-$24,999 160 10.2% 246 18.0% 348 30.8% 754 18.5%$25,000-$34,999 117 7.4% 141 10.3% 157 13.9% 415 10.2%$35,000-$49,999 228 14.5% 238 17.4% 184 16.3% 650 16.0%$50,000-$74,999 328 20.9% 257 18.8% 115 10.2% 700 17.2%$75,000-$99,999 324 20.6% 199 14.5% 117 10.3% 640 15.7%$100,000-$149,999 225 14.3% 146 10.7% 69 6.1% 440 10.8%$150,000-$199,999 43 2.7% 22 1.6% 6 0.5% 71 1.7%$200,000+ 34 2.2% 29 2.1% 11 1.0% 74 1.8%


Data Note: Income is reported for households as of July 1, 2020 and represents annual income for the preceding year, expressed in 2019 dollars. Income is reported for households as of July 1, 2020 and represents annual income for the preceding year, expressed in 2019 dollars.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

July 03, 2020




Census 2010 Households and Age of Householder Number Percent % Total HHsTotal 2,766 100.0% 37.6%

Family Households 1,631 59.0% 22.2%Householder Age 55-64 826 29.9% 11.2%Householder Age 65-74 485 17.5% 6.6%Householder Age 75-84 260 9.4% 3.5%Householder Age 85+ 60 2.2% 0.8%

Nonfamily Households 1,135 41.0% 15.4%Householder Age 55-64 404 14.6% 5.5%Householder Age 65-74 337 12.2% 4.6%Householder Age 75-84 279 10.1% 3.8%Householder Age 85+ 115 4.2% 1.6%

Census 2010 Occupied Housing Units by Age of Householder Number Percent % Total HHsTotal 2,769 100.0% 37.6%Owner Occupied Housing Units 1,991 71.9% 27.1%

Householder Age 55-64 897 32.4% 12.2%Householder Age 65-74 591 21.3% 8.0%Householder Age 75-84 387 14.0% 5.3%Householder Age 85+ 116 4.2% 1.6%

Renter Occupied Housing Units 778 28.1% 10.6%Householder Age 55-64 334 12.1% 4.5%Householder Age 65-74 232 8.4% 3.2%Householder Age 75-84 152 5.5% 2.1%Householder Age 85+ 60 2.2% 0.8%

Data Note: A family is defined as a householder and one or more other people living in the same household who are related to the householder by birth, marriage, or adoption. Nonfamily households consist of people living alone and households that do not contain any members who are related to the householder. The base for "% Pop" is specific to the row. A Nonrelative is not related to the householder by birth, marriage, or adoption.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

July 03, 2020





Total Population 32,096 39,128 42,462 3,334 1.65%Population 50+ 8,805 12,288 13,766 1,478 2.30%Median Age 34.5 36.4 36.7 0.3 0.16%Households 11,389 13,822 14,990 1,168 1.64%% Householders 55+ 35.8% 40.9% 42.7% 1.8 0.87%Total Owner-Occupied Housing Units 8,152 9,581 10,414 833 1.68%Total Renter-Occupied Housing Units 3,237 4,241 4,576 335 1.53%Owner/Renter Ratio (per 100 renters) 252 226 228 2.0 0.18%Median Home Value - $176,070 $188,740 $12,670 1.40%Average Home Value - $223,695 $248,720 $25,025 2.14%Median Household Income - $60,035 $64,163 $4,128 1.34%Median Household Income for Householder 55+ - $49,476 $52,432 $2,956 1.17%



50-54 983 25.2% 1,212 21.8% 1,285 20.6%55-59 799 20.5% 1,121 20.2% 1,163 18.6%60-64 757 19.4% 989 17.8% 1,097 17.5%65-69 482 12.4% 792 14.2% 913 14.6%70-74 347 8.9% 668 12.0% 737 11.8%75-79 259 6.6% 380 6.8% 555 8.9%80-84 158 4.1% 213 3.8% 288 4.6%85+ 112 2.9% 187 3.4% 214 3.4%


50-54 1,054 21.5% 1,264 18.8% 1,344 17.9%55-59 885 18.0% 1,236 18.4% 1,259 16.8%60-64 848 17.3% 1,106 16.4% 1,203 16.0%65-69 636 13.0% 925 13.8% 1,094 14.6%70-74 505 10.3% 847 12.6% 921 12.3%75-79 384 7.8% 563 8.4% 765 10.2%80-84 298 6.1% 388 5.8% 485 6.5%85+ 299 6.1% 395 5.9% 443 5.9%


50-54 2,037 6.3% 2,476 6.3% 2,629 6.2%55-59 1,683 5.2% 2,357 6.0% 2,422 5.7%60-64 1,605 5.0% 2,096 5.4% 2,300 5.4%65-69 1,118 3.5% 1,718 4.4% 2,007 4.7%70-74 852 2.7% 1,515 3.9% 1,658 3.9%75-79 642 2.0% 943 2.4% 1,320 3.1%80-84 456 1.4% 601 1.5% 773 1.8%85+ 412 1.3% 582 1.5% 657 1.5%

65+ 3,480 10.8% 5,359 13.7% 6,415 15.1%75+ 1,510 4.7% 2,126 5.4% 2,750 6.5%


July 03, 2020





Total 2,439 100% 1,921 100% 1,290 100% 5,650 100%<$15,000 162 6.6% 134 7.0% 135 10.5% 431 7.6%$15,000-$24,999 237 9.7% 331 17.2% 380 29.5% 948 16.8%$25,000-$34,999 177 7.3% 201 10.5% 198 15.3% 576 10.2%$35,000-$49,999 342 14.0% 331 17.2% 220 17.1% 893 15.8%$50,000-$74,999 513 21.0% 375 19.5% 142 11.0% 1,030 18.2%$75,000-$99,999 503 20.6% 262 13.6% 125 9.7% 890 15.8%$100,000-$149,999 360 14.8% 202 10.5% 68 5.3% 630 11.2%$150,000-$199,999 78 3.2% 38 2.0% 11 0.9% 127 2.2%$200,000+ 67 2.7% 48 2.5% 10 0.8% 125 2.2%



Total 2,574 100% 2,154 100% 1,668 100% 6,396 100%<$15,000 145 5.6% 123 5.7% 153 9.2% 421 6.6%$15,000-$24,999 221 8.6% 334 15.5% 446 26.7% 1,001 15.7%$25,000-$34,999 167 6.5% 205 9.5% 243 14.6% 615 9.6%$35,000-$49,999 341 13.2% 363 16.9% 292 17.5% 996 15.6%$50,000-$74,999 537 20.9% 437 20.3% 206 12.4% 1,180 18.4%$75,000-$99,999 553 21.5% 312 14.5% 185 11.1% 1,050 16.4%$100,000-$149,999 421 16.4% 264 12.3% 109 6.5% 794 12.4%$150,000-$199,999 105 4.1% 53 2.5% 22 1.3% 180 2.8%$200,000+ 83 3.2% 65 3.0% 13 0.8% 161 2.5%



July 03, 2020





Family Households 2,529 62.1% 22.2%Householder Age 55-64 1,307 32.1% 11.5%Householder Age 65-74 774 19.0% 6.8%Householder Age 75-84 371 9.1% 3.3%Householder Age 85+ 77 1.9% 0.7%

Nonfamily Households 1,543 37.9% 13.5%Householder Age 55-64 583 14.3% 5.1%Householder Age 65-74 462 11.3% 4.1%Householder Age 75-84 356 8.7% 3.1%Householder Age 85+ 142 3.5% 1.2%


Householder Age 55-64 1,476 36.2% 13.0%Householder Age 65-74 958 23.5% 8.4%Householder Age 75-84 554 13.6% 4.9%Householder Age 85+ 151 3.7% 1.3%

Renter Occupied Housing Units 933 22.9% 8.2%Householder Age 55-64 414 10.2% 3.6%Householder Age 65-74 277 6.8% 2.4%Householder Age 75-84 174 4.3% 1.5%Householder Age 85+ 68 1.7% 0.6%


July 03, 2020





Total Population 108,612 138,280 152,705 14,425 2.00%Population 50+ 28,765 43,259 49,078 5,819 2.56%Median Age 34.7 36.7 36.8 0.1 0.05%Households 37,379 47,391 52,284 4,893 1.98%% Householders 55+ 33.5% 39.8% 41.6% 1.8 0.89%Total Owner-Occupied Housing Units 29,928 37,598 41,636 4,038 2.06%Total Renter-Occupied Housing Units 7,451 9,793 10,648 855 1.69%Owner/Renter Ratio (per 100 renters) 402 384 391 7.0 0.36%Median Home Value - $189,450 $205,548 $16,098 1.64%Average Home Value - $240,041 $261,710 $21,669 1.74%Median Household Income - $73,253 $77,626 $4,373 1.17%Median Household Income for Householder 55+ - $58,045 $61,853 $3,808 1.28%



50-54 3,542 26.4% 4,505 22.0% 4,739 20.5%55-59 2,803 20.9% 4,394 21.5% 4,375 18.9%60-64 2,630 19.6% 3,676 18.0% 4,247 18.4%65-69 1,827 13.6% 2,864 14.0% 3,465 15.0%70-74 1,188 8.9% 2,380 11.6% 2,595 11.2%75-79 740 5.5% 1,419 6.9% 2,007 8.7%80-84 401 3.0% 740 3.6% 1,068 4.6%85+ 281 2.1% 485 2.4% 639 2.8%


50-54 3,601 23.5% 4,715 20.7% 4,840 18.7%55-59 2,981 19.4% 4,453 19.5% 4,690 18.1%60-64 2,850 18.6% 3,909 17.1% 4,388 16.9%65-69 2,067 13.5% 3,187 14.0% 3,864 14.9%70-74 1,451 9.5% 2,771 12.2% 3,042 11.7%75-79 999 6.5% 1,756 7.7% 2,500 9.6%80-84 731 4.8% 1,060 4.6% 1,479 5.7%85+ 673 4.4% 945 4.1% 1,141 4.4%


50-54 7,144 6.6% 9,220 6.7% 9,580 6.3%55-59 5,784 5.3% 8,847 6.4% 9,064 5.9%60-64 5,479 5.0% 7,585 5.5% 8,635 5.7%65-69 3,894 3.6% 6,051 4.4% 7,328 4.8%70-74 2,640 2.4% 5,151 3.7% 5,638 3.7%75-79 1,739 1.6% 3,175 2.3% 4,507 3.0%80-84 1,132 1.0% 1,800 1.3% 2,547 1.7%85+ 953 0.9% 1,430 1.0% 1,779 1.2%

65+ 10,358 9.5% 17,607 12.7% 21,799 14.3%75+ 3,824 3.5% 6,405 4.6% 8,833 5.8%


July 03, 2020





Total 8,803 100% 6,345 100% 3,708 100% 18,856 100%<$15,000 459 5.2% 365 5.8% 294 7.9% 1,118 5.9%$15,000-$24,999 685 7.8% 847 13.3% 835 22.5% 2,367 12.6%$25,000-$34,999 578 6.6% 661 10.4% 641 17.3% 1,880 10.0%$35,000-$49,999 915 10.4% 894 14.1% 624 16.8% 2,433 12.9%$50,000-$74,999 1,881 21.4% 1,395 22.0% 612 16.5% 3,888 20.6%$75,000-$99,999 1,769 20.1% 799 12.6% 329 8.9% 2,897 15.4%$100,000-$149,999 1,560 17.7% 815 12.8% 229 6.2% 2,604 13.8%$150,000-$199,999 512 5.8% 250 3.9% 75 2.0% 837 4.4%$200,000+ 444 5.0% 319 5.0% 68 1.8% 831 4.4%



Total 9,402 100% 7,259 100% 5,069 100% 21,730 100%<$15,000 411 4.4% 347 4.8% 358 7.1% 1,116 5.1%$15,000-$24,999 629 6.7% 847 11.7% 1,022 20.2% 2,498 11.5%$25,000-$34,999 533 5.7% 669 9.2% 810 16.0% 2,012 9.3%$35,000-$49,999 888 9.4% 972 13.4% 844 16.7% 2,704 12.4%$50,000-$74,999 1,943 20.7% 1,601 22.1% 871 17.2% 4,415 20.3%$75,000-$99,999 1,894 20.1% 955 13.2% 501 9.9% 3,350 15.4%$100,000-$149,999 1,846 19.6% 1,069 14.7% 394 7.8% 3,309 15.2%$150,000-$199,999 690 7.3% 351 4.8% 146 2.9% 1,187 5.5%$200,000+ 568 6.0% 450 6.2% 121 2.4% 1,139 5.2%



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Family Households 8,569 68.4% 22.9%Householder Age 55-64 4,613 36.8% 12.3%Householder Age 65-74 2,706 21.6% 7.2%Householder Age 75-84 1,037 8.3% 2.8%Householder Age 85+ 213 1.7% 0.6%

Nonfamily Households 3,957 31.6% 10.6%Householder Age 55-64 1,704 13.6% 4.6%Householder Age 65-74 1,187 9.5% 3.2%Householder Age 75-84 773 6.2% 2.1%Householder Age 85+ 293 2.3% 0.8%


Householder Age 55-64 5,368 42.9% 14.4%Householder Age 65-74 3,326 26.6% 8.9%Householder Age 75-84 1,499 12.0% 4.0%Householder Age 85+ 395 3.2% 1.1%

Renter Occupied Housing Units 1,935 15.5% 5.2%Householder Age 55-64 948 7.6% 2.5%Householder Age 65-74 567 4.5% 1.5%Householder Age 75-84 310 2.5% 0.8%Householder Age 85+ 110 0.9% 0.3%


July 03, 2020


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Net Worth Profile208 Memory Ln, Winder, Georgia, 30680 Prepared by EsriRing: 3 mile radius Latitude: 34.01195


2020-2025 2020-2025Summary Census 2010 2020 2025 Change Annual Rate

Population 20,396 23,995 25,832 1,837 1.49%Median Age 34.5 36.2 36.6 0.4 0.22%Households 7,358 8,614 9,270 656 1.48%Average Household Size 2.74 2.76 2.76 0.00 0.00%

2020 Households by Net Worth Number PercentTotal 8,614 100.0%

<$15,000 2,435 28.3%$15,000-$34,999 904 10.5%$35,000-$49,999 425 4.9%$50,000-$74,999 579 6.7%$75,000-$99,999 547 6.4%$100,000-$149,999 764 8.9%$150,000-$249,999 1,002 11.6%$250,000-$499,999 1,108 12.9%$500,000-$999,999 524 6.1%$1,000,000-$1,499,999 155 1.8%$1,500,000-$1,999,999 43 0.5%$2,000,000+ 128 1.5%

Median Net Worth $73,019Average Net Worth $270,224

Wealth Index 58

Number of Households2020 Net Worth by Age of Householder <25 25-34 35-44 45-54 55-64 65-74 75+

Total 301 1,389 1,670 1,612 1,497 1,243 902<$15,000 196 655 545 425 308 193 112$15,000-$34,999 38 179 190 184 130 134 49$35,000-$49,999 19 65 104 76 77 54 30$50,000-$74,999 19 113 132 95 76 86 57$75,000-$99,999 17 97 123 116 79 74 41$100,000-$149,999 7 116 121 129 152 145 95$150,000-$249,999 2 99 185 213 200 151 153$250,000-$499,999 2 43 205 259 250 171 178$500,000-$999,999 1 15 24 83 156 143 101$1000000+ 0 6 40 32 69 93 87

Median Net Worth $11,518 $17,699 $49,190 $79,704 $122,032 $123,971 $183,903Average Net Worth $29,257 $74,331 $171,573 $232,890 $384,564 $437,335 $481,613

Data Note: Net Worth is total household wealth minus debt, secured and unsecured. Net worth includes home equity, equity in pension plans, net equity in vehicles, IRAs and Keogh accounts, business equity, interest-earning assets and mutual fund shares, stocks, etc. Examples of secured debt include home mortgages and vehicle loans; examples of unsecured debt include credit card debt, certain bank loans, and other outstanding bills. Forecasts of net worth are based on the Survey of Consumer Finances, Federal Reserve Board.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri Forecasts for 2020 and 2025.

July 03, 2020





Population 32,096 39,128 42,462 3,334 1.65%Median Age 34.5 36.4 36.7 0.3 0.16%Households 11,389 13,822 14,990 1,168 1.64%Average Household Size 2.80 2.81 2.82 0.01 0.07%


<$15,000 3,113 22.5%$15,000-$34,999 1,220 8.8%$35,000-$49,999 632 4.6%$50,000-$74,999 937 6.8%$75,000-$99,999 917 6.6%$100,000-$149,999 1,308 9.5%$150,000-$249,999 1,795 13.0%$250,000-$499,999 2,158 15.6%$500,000-$999,999 1,056 7.6%$1,000,000-$1,499,999 315 2.3%$1,500,000-$1,999,999 96 0.7%$2,000,000+ 276 2.0%


Wealth Index 67


Total 439 2,257 2,750 2,726 2,439 1,921 1,290<$15,000 241 826 719 567 396 239 125$15,000-$34,999 65 264 258 251 164 163 53$35,000-$49,999 43 108 163 110 106 69 33$50,000-$74,999 36 230 212 159 111 116 73$75,000-$99,999 28 204 208 197 123 103 54$100,000-$149,999 16 247 229 225 246 218 128$150,000-$249,999 6 224 355 397 346 245 222$250,000-$499,999 3 117 453 524 461 311 288$500,000-$999,999 2 28 75 217 305 255 173$1000000+ 0 9 78 78 180 201 141



July 03, 2020





Population 108,612 138,280 152,705 14,425 2.00%Median Age 34.7 36.7 36.8 0.1 0.05%Households 37,379 47,391 52,284 4,893 1.98%Average Household Size 2.90 2.91 2.91 0.00 0.00%


<$15,000 7,627 16.1%$15,000-$34,999 3,152 6.7%$35,000-$49,999 1,871 3.9%$50,000-$74,999 2,986 6.3%$75,000-$99,999 3,138 6.6%$100,000-$149,999 4,502 9.5%$150,000-$249,999 6,553 13.8%$250,000-$499,999 8,753 18.5%$500,000-$999,999 4,700 9.9%$1,000,000-$1,499,999 1,609 3.4%$1,500,000-$1,999,999 560 1.2%$2,000,000+ 1,938 4.1%


Wealth Index 88


Total 1,309 7,638 9,690 9,898 8,803 6,345 3,708<$15,000 526 1,958 1,807 1,511 1,062 553 210$15,000-$34,999 226 757 651 646 427 356 90$35,000-$49,999 160 391 491 305 284 185 55$50,000-$74,999 124 831 747 504 339 276 165$75,000-$99,999 113 833 723 659 405 291 115$100,000-$149,999 93 961 854 793 856 625 319$150,000-$249,999 43 980 1,408 1,521 1,129 853 618$250,000-$499,999 11 719 2,149 2,115 1,768 1,100 892$500,000-$999,999 13 157 474 1,222 1,286 943 605$1000000+ 0 51 385 623 1,247 1,164 638



July 03, 2020


nppes_provider_last_org_name nppes_provider_first_name nppes_provider_city nppes_provider_state specialty_description drug_name total_claim_count total_30_day_fill_count total_drug_costGAY DOY WINDER GA Family Practice NAMENDA XR 78 78.1 17,464.00HUFF GAREY WINDER GA Family Practice NAMENDA XR 12 12.5 3,598.31HUFF GAREY WINDER GA Family Practice NAMENDA XR 12 12 3,903.13SOUTHER JOSEPH WINDER GA Family Practice NAMENDA 14 14 2,381.58AUSTIN WAYNE WINDER GA Internal Medicine NAMENDA XR 23 31 8,795.31AL SAMARA RASHA WINDER GA Internal Medicine NAMENDA 11 11 3,522.41VISITACION MARIA CLARISSA WINDER GA Family Practice MEMANTINE HCL 11 17 1,373.50HODGES HUGH WINDER GA Family Practice NAMENDA XR 79 79 22,854.48

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Traffic Count Map - Close Up208 Memory Ln, Winder, Georgia, 30680 Prepared by EsriRings: 3, 5, 10 mile radii Latitude: 34.01195


Source: ©2020 Kalibrate Technologies (Q2 2020).

July 03, 2020


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