Ch 3 - Population and Housing

Ch 3 - Population and Housing

1. Introduction

This chapter of the master plan examines the changing characteristics of Conway’s population and housing stock over the past two decades. The first sections focus on the historical growth rate of the population, as well as demographic composition relative to age and income. Comparisons are also presented with regard to Conway’s population growth relative to those of other municipalities in Carroll County. In addition, estimates are provided about seasonal fluctuations in Conway’s total population and two different long-term growth projection scenarios are described.
The second part of the chapter provides information on the changing environment associated with Conway’s housing supply and residential real estate market. An overview is presented about total housing growth, changes in housing mix in terms of the types of housing units constructed, and the affect that this housing growth has had on historical land use patterns. This is followed by an assessment of local and regional real estate market conditions, as well as an assessment of affordable housing.
In order to obtain data and information for this chapter, four principle methods were used. The first consisted of an analysis of population and demographic data that was provided by the U.S. Census. Where Census data information was not available, demographic data was obtained from Claritas, Inc. – a subscriptionbased provider of demographic data and information. It should be noted that the estimates provided by Claritas are consistent with the latest Census data. The second involved an analysis of property assessment records that was provided by the Town of Conway. Municipal assessment records provide information about key characteristics of residential and non-residential property within the town. The third method involved interviews with local real estate professionals (property managers and brokers) and municipal and state officials associated with affordable housing initiatives in order to obtain anecdotal information relative to the local residential real estate market. Finally, the fourth method involved analysis of regional real estate sales data provided by the New Hampshire Housing Finance Authority and the New Hampshire Association of Realtors which provided a context for analyzing the regional real estate market.

foot notes

[1] A 2001 median family income estimate of $49,900 (for non-metropolitan areas within New Hampshire) was provided by the U.S. Department of Housing and Urban Development.
[2] New Hampshire Department of Transportation Conway Project: Technical Memorandum Number 2 – Socio-Economics and Land Use. RKG Associates, Inc., June, 1991.
[3] The White Mountains Region consists of the Towns of Albany, Bartlett, Chatham, Chocorua, Conway, Eaton, Effingham, Freedom, Hale's Location, Jackson, Madison, Ossipee and Tamworth.
[4] The North Country Region consists of the Towns of Academy Grant, Atkinson, Bath, Bean's Grant, Bean's Purchase, Benton, Berlin, Bethlehem, Burbanks, Cambridge, Chandler's Purchase, Clarksville, Colebrook, Columbia, Crawford's Purchase, Cutt's Grant, Dalton, Dix's Grant, Dixville, Drummer, Easton, Errol, Erving's Location, Franconia, Gilmanton, Gorham, Green's Grant, Hadley's Purchase, Haverhill, Jefferson, Kilkenny, Lancaster, Landaff, Lisbon, Littleton, Lyman, Martin's Location, Meserve's Purchase, Milan, Millsfield, Monroe, Northumberland, Ordell, Pinkham's Grant, Pittsburg, Randolph, Sargent's Purchase, Shelburne, Stewartstown, Strafford, Success, Sugar Hill, Thompson, Wentworth, Whitefield, Woodsville.
[5] Includes mobile homes in parks and on owner occupied land.
[6] 2001 Rental Cost Survey is available through the New Hampshire Housing Finance Authority.
[7] According to estimates prepared by the New Hampshire Office of State Planning.