Columbia Heights Small Businesses at a Glance

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Columbia HeightsSmall Businesses at a Glance
Office of the Deputy Mayor for Planning and
Economic Development (DMPED)
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The PeopleWho lives in Columbia Heights,
population trends, what types of goods and
services are they likely to needThe Small
BusinessesWho are the small business operators,
what do they sell, what services they provide and
how are they going to face the changes in the
community Property OwnershipWho owns the
land, the buildings, land use and how would
financial assistance benefit owners vs. businesses
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People Demographics

• 13,864 Households within ½ mile of the center of
  Columbia Heights, more than 35,000 people in the
  most dense city Ward
• 2.4 people per household (average)
• Only 23 owner occupied vs. 41 average for the
  city

• Most residents are new to the neighborhood (over
  60 or residents moved into the neighborhood
  between 1995-2000 likely to be much higher today)

Source ESRI, 2005 Estimates Projections (data
gathered from 14th Irving Streets)
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People How they spend their disposable income
Source ESRI, 2005 Estimates Projections (data
gathered from 14th Irving Streets)
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People a Young Population

• Average age is 33 years old
• 56 of the population below age 34, only 16 over
  55 years old

Source ESRI, 2005 Estimates Projections (data
gathered from 14th Irving Streets)
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Small Businesses in Columbia Heights

• 151 small businesses (mostly along the 14th
  Street corridor between Monroe St and Shepard St)
• Overwhelmingly renters 94 rent (only 9 are
  owner-occupied of which 4 own more than one
  property)
• 64 of all businesses are owned by men (96
  businesses)
• Goods and services offered are not diverse Over
  a third of businesses
• are beauty salons, small
• grocery stores or
• restaurants/eateries
• 97 minority-owned
• businesses

Source Development Corporation of Columbia
Heights (DCCH), 2005
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Small Businesses Many Women-Owned Businesses

• 55 businesses owned by women (36 of total)
• 98 of women owners are minorities
• 49 Latino
• 27 African American
• 9 Asian
• 25 of female-owned businesses are beauty salons
• Only four women own the property where their
  business is located

Source Development Corporation of Columbia
Heights (DCCH), 2005
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Property Ownership Overview
14th Street Corridor and Surrounding Commercial
Areas

• Information collected for the 14th Street
  commercial corridor from Irving Street in the
  south to Shepherd Street in the north
• Source District Governments Office of Tax and
  Revenue (OTR)

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Property Ownership Distribution

• 135 properties in the 14th Street corridor
• 62 commercial use (83 properties)
• 28 residential use (37 properties)
• Ground-level retail sales is the largest
  commercial use
• Other uses include offices, parking lots and
  medical and health care facilities.
• 3 of properties are vacant along the corridor (4
  properties)
• 9 property owners own more than one property,
  about 16 of properties (a combined 22 properties
  with the largest owning 4 properties)

Source Office of Tax and Revenue (OTR)
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Property Ownership Distribution
43 of residential properties (16) concentrated
on the 3400 Block of 14th Street
Source Office of Tax and Revenue (OTR)
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Property Assessments

• Median property value 398,900 based on 2007
  assessment
• 9 property owners purchased their property before
  2000
• 72 purchased their property after 2000
• 81 properties do not have a purchase date listed
  on the deed

Source Office of Tax and Revenue (OTR)