Frame the Future

Download / Print an Overview of the 2040 Comp Plan Process

CompPlan - 1 page summary_Page_1

Samples of Current Research Findings

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  • From 2006 to 2016, the percent of households renting increased by 1% to 36%.
  • 51% of Fridley single family homes are valued from $150,000-$199,999.
  • 92% of Fridley’s owner-occupied housing is considered affordable by Met Council standards (at or below $235,000).
  • Most higher-valued housing in Fridley is along the River, Rice Creek, Farr Lake or in the South Innsbruck neighborhood.
  • Fridley has 427 publicly-assisted housing units (3.6% of total housing units).
  • Fridley’s assigned allocation of new affordable housing units by 2030 is 268, which is 1.2% of Fridley’s projected growth.
  • The average sale price for a home in Fridley in 2016 was $187,800.
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Economic Competiveness

  • Fridley has 12,307 workers living in the community, which is 10,000 less than the number of jobs in Fridley.
  • Fridley has 69.2% of its workforce over age 16 working, which is higher that the US percentage of 63.3%.
  • The Fridley population is highly educated with 90% of the community having a high school diploma or higher.
  • In 2014, Fridley established a business retention and expansion program to learn more about how the City can support the needs of our business community.
  • Fridley employers, just as the region as a whole, need more employees in the trade industries.
  • Fridley workers’ average commute time is 21.9 minutes, which is less than the average for Anoka County, Minneapolis/St. Paul, and Minnesota residents.
  • Many businesses locate in Fridley due to close highway/freeway access.
  • Fridley’s top employers have shaped the nearby business community and spin-off businesses.
  • The City of Fridley issued over 5,000 building permits in 2015 for over $60 million in construction value, including about $16 million in residential value and $32 million in commercial value.