Mortgage Loans in St. Louis Park, MN

History of St. Louis Park, MN

The 1860s village that became St. Louis Park was originally known as Elmwood, which today is a neighborhood inside the city. In August 1886, 31 people signed a petition asking county commissioners to incorporate the Village of St. Louis Park. The petition was officially registered on November 19, 1886.

The name “St. Louis Park” was derived from the Minneapolis and St. Louis Railway that ran through the area; the word “Park” was added to avoid confusion with St. Louis, Missouri.

In 1892, lumber baron Thomas Barlow Walker and a group of wealthy Minneapolis industrialists incorporated the Minneapolis Land and Investment Company to focus industrial development in Minneapolis. Walker’s company also began developing St. Louis Park for industrial, commercial and residential use.

In 1954, voters approved a home rule charter that gave an overwhelmed St. Louis Park the status of a city. That enabled the city to hire a city manager to assume some of the duties handled by the part-time city council. Several bridges built during that time are now being repaired or razed.

In those days, the primary concerns were the physical planning of St. Louis Park, updating zoning and construction codes, expanding sewer and water systems, paving streets, acquiring park land and building schools.

Source: https://en.wikipedia.org/wiki/St._Louis_Park,_Minnesota

Geography and Demographics in St. Louis Park, MN

According to the United States Census Bureau, the city has a total area of 10.86 square miles (28.13 km²), of which 10.64 square miles (27.56 km²) is land and 0.22 square miles (0.57 km²) is water.

Interstate 394, U.S. Highway 169, and Minnesota State Highways 7 and 100 are four of the main routes in St. Louis Park.

As of the census of 2010, there were 45,250 people, 21,743 households, and 10,459 families residing in the city. The population density was 4,252.8 inhabitants per square mile (1,642.0/km²). There were 23,285 housing units at an average density of 2,188.4 per square mile (844.9/km²). The racial makeup of the city was 83.3% White, 7.5% African American, 0.5% Native American, 3.8% Asian, 0.1% Pacific Islander, 1.8% from other races, and 3.1% from two or more races. Hispanic or Latino of any race were 4.3% of the population.

The median age in the city was 35.4 years. 18.5% of residents were under the age of 18; 8.1% were between the ages of 18 and 24; 36.4% were from 25 to 44; 24% were from 45 to 64; and 13% were 65 years of age or older. The gender makeup of the city was 47.8% male and 52.2% female.

Source: https://en.wikipedia.org/wiki/St._Louis_Park,_Minnesota