Demographic and Market Profile

August 2009
Data is 2007 estimate unless otherwise noted

Defined Geographic Area:
Bayfield Zip Code 81122
approx. 520 sq. miles

Number of Households: 3110
Total Population: 7140
Median age: 40

Average Household Income: $62,625
Median Household Income: $50,735
Per Capita Income: $27,485

Local Retail Growth:      2008 - 9.7%
(retail sales receipts)    2007 - 7.6%
                                           2006 - 13.8%
                                           2005 - 14.3%

Population Age: 19 and under: 1710 (23.9%)
                              20 - 34: 1300 (18.2%)
                              35 - 44: 1050 (14.7%)
                              45 - 54: 1210 (16.9%)
                              55 - 64: 1080 (15.1%)
                              65 and above: 790 (11.1%)

Workforce
Employed in Blue Collar: 40%
Employed in White Collar: 60%
Employed in Green Collar: TBD

Approximate Physical Boundaries:
from Town Center:
          North - 18 miles
          East - 12 miles
          South - 8 miles
          West - 8 miles

Number of Active Business Licenses: 330
(August 2009)

Educational Attainment:
High School Graduation Rate: 99+%
Adult population age 25 and above:
          Graduate Degree:                 10%
          Four-year Degree:                 21%
          Two-year Degree:                   6%
          Some college, no degree:  31%
                                                           68%

2008 Area Real Estate
Bayfield In-Town Turnover: 37 units
          Average Price: $302,000   +4%
          Median Price: $309,000    +8%
          High: $465,000                   -2%
          Low: $210,000                    +14%

Bayfield Rural Turnover: 66 units
          Average Price: $332,400   -9%
          Median Price: $281,450    -10%
          High: $1,450,000                +23%
          Low: $61,500                      -62%

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