RES 231406 - Laserfiche WebLink

A-4 | City of Pleasanton Housing Needs Assessment and a large proportion of larger households are cost-burdened. Pleasanton’s housing mix of three-bedroom or larger units (20,442 units) is adequate to accommodate the overall number of larger families. However, given that almost six percent of large households are also lower income, there may be a need to ensure that larger (three or more bedroom) affordable housing units are available for these households. • Pleasanton is a net importer of workers for jobs at all wage levels, although this is most pronounced for lower-wage jobs. In 2018, approximately eight percent of people employed in Pleasanton also lived in Pleasanton. Although this percentage is comparable to peer cities, the increase in daytime population participating in the labor force and commuting to Pleasanton can impact traffic congestion and increase greenhouse gas emissions in the city. • Over 70 percent of Pleasanton’s housing stock is single-family (attached and detached); however, multi-family housing of five or more units has experienced the most growth over the last decade. A variety of housing types is important to meet the needs of all members of the community. • The largest proportion of Pleasanton’s housing units was built between 1980 and 1999, and only about six percent were built before 1960. While this represents a newer housing stock compared to the county, aging housing units can reflect poorer living standards and higher repair costs. Section A.2 Population Characteristics A.2.1 Population The Bay Area is the fifth-largest metropolitan area in the nation and has seen a steady increase in population since 1990, except for a decline during the Great Recession beginning in 2007. Many cities in the region have experienced significant growth in both jobs and population. While these trends have led to a corresponding increase in demand for housing across the region, the regional production of housing has largely not kept pace with job and population growth. Since 2000, Pleasanton’s population has increased by 24.8 percent; this rate is above that of the region as a whole, at 14.8 percent. In Pleasanton, roughly 12.5 percent of its population moved during the past year, a number 0.9 percentage points smaller than the regional rate of 13.4 percent.