Although the population of Medway has experienced a slight uptick since the turn of the century, the school aged population has decreased by over 20% in the same time period. Shifting age cohort demographics, declining fertility rates (amongst certain groups), and statewide in-migration/out-migration trends have contributed to this phenomenon. Although it seems counterituitive, many other communities in Eastern Massachusetts are exhibiting similar population vs. school aged population trends.

This table compares the number of enrolled school-aged children per unit across existing multifamily development complexes in Medway against the average number of enrolled school-aged children per unit across all housing types in Medway. Detatched signle family homes make up the majority of the housing stock in Medway. These units are far more likely to contain enrolled school aged children.

This information was provided by the Assessor's Department. The Hathon Apartments (190 units) are currently the third largest tax revenue generator in Medway. The amount of tax revenue generated by The Hathon is nearly 10x greater than that of the vacant parcels where the Heritage on Main project is proposed. At a projected 267 units with several commercial properties onsite, the Heritage on Main project would eclipse The Hathon as the third largest tax revenue generator for the town and signify a vast improvement in asset performance.