Report User Guide – Property Report

Alpha Real Estate Partners’ research reports are designed to give you an intuitive and easy to use tool for understanding the economic realities affecting a particular property market – allowing you to make better decisions through better data.

This report is organized into sections covering population, housing, employment & income, and geography.

Get the Most from the Research – Tips & Tricks

  1. Compare growth rates: how does this area compare to the state? to the country?
  2. Look at the maps: big changes in color highlight community differences
  3. What is the trend: check the sidebar for the 5-year trend

Population

This section of the report provides an overview of who lives near the target property and opens with a population density map. This map shows the number of people per square mile living in each census tract.

Following the map is a table showing the total population recorded in each of the last 5 years and the year-over-year change in population. You may find it useful to compare the immediate area’s population growth to that of the state and the country.

Next is a tables and chart showing the population’s racial composition for the most-recently available year. Following this are several more charts and tables in a similar format showing the household type (e.g. married or single), the education level, age, and national origin.

See the data sources section for details on each data attribute.

Housing

This section of the report provides an overview of the cost and composition of the housing stock near the target property and opens with a median rent map. This map shows the median monthly rent in each census tract. Next to the map, a small chart shows the what portion of income the median renter spends on their housing and transportation. This cost is also compared to the range of renters in the entire country.

Following the map is a table showing the median rent recorded in each of the last 5 years and the year-over-year change in this rent. You may find it useful to compare the immediate area’s rent growth to that of the state and the country. Below this table, another chart shows how many renters have their utility bills included in their monthly rent.

On the following page are a map and table showing similar data for homeowners. This map shows the median home value rent in each census tract. Next to the map, a small chart shows the what portion of income the median homeowner spends on their housing and transportation. This cost is also compared to the range of renters in the entire country.

Following the map is a table showing the median home value recorded in each of the last 5 years and the year-over-year change in this value. You may find it useful to compare the immediate area’s growth to that of the state and the country. Below this table, another chart shows how many residents own or rent their homes.

The next page begins with a housing density map showing the number of housing units per square mile. Following the map is a table showing the housing unit count recorded in each of the last 5 years and the year-over-year change in this count. The final chart below this table shows the vintages of the homes in the target area.

See the data sources section for details on each data attribute.

Employment and Income

This section of the report provides an overview of how much people earn and how they earn their living and opens with a median household income map. This map shows the median household income in each census tract. Following the map is a table showing the median household income recorded in each of the last 5 years and the year-over-year change in this value. The following chart stratifies the population and shows how many households fall into specific income bands.

The next page begins with a chart showing how many people’s income is below the national poverty level. This is followed by a chart showing how people commute to their jobs. The final table in this section shows which industrial sectors are the largest employers in the area.

See the data sources section for details on each data attribute.

Geography

The final section of the report will help you visualize the target area on a map. The large map is the same map used on all previous pages, but without any additional color coding of particular census tracts. (Hint: click on this map to be taken google maps.) The next map is a detailed street-map. This is followed by a zoomed-out regional map.

Below the maps is a table showing the nearest community amenities such as food, medical care and police. The next table shows the distance to the five nearest city centers. The final table shows any identified environmental cleanup sites within 3 miles of the target property.

See the data sources section for details on each data attribute.

Data Sources

Statistic Data Source Data Attribute(s)
Population
Population ACS B01003_001E
Race ACS B03002_001E, B03002_003E, B03002_004E, B03002_005E, B03002_006E, B03002_007E, B03002_008E, B03002_009E, B03002_012E
Household Type ACS B11001_001E, B11001_003E, B11001_005E, B11001_006E, B11001_008E, B11001_009E
Education ACS B15003_001E, B15003_002E, B15003_003E, B15003_004E, B15003_005E, B15003_006E, B15003_007E, B15003_008E, B15003_009E, B15003_010E, B15003_011E, B15003_012E, B15003_013E, B15003_014E, B15003_015E, B15003_016E, B15003_017E, B15003_018E, B15003_019E, B15003_020E, B15003_021E, B15003_022E, B15003_023E, B15003_024E, B15003_025E
Age ACS B01002_001E, B01001_002E, B01001_003E, B01001_004E, B01001_005E, B01001_006E, B01001_007E, B01001_008E, B01001_009E, B01001_010E, B01001_011E, B01001_012E, B01001_013E, B01001_014E, B01001_015E, B01001_016E, B01001_017E, B01001_018E, B01001_019E, B01001_020E, B01001_021E, B01001_022E, B01001_023E, B01001_024E, B01001_025E, B01001_026E, B01001_027E, B01001_028E, B01001_029E, B01001_030E, B01001_031E, B01001_032E, B01001_033E, B01001_034E, B01001_035E, B01001_036E, B01001_037E, B01001_038E, B01001_039E, B01001_040E, B01001_041E, B01001_042E, B01001_043E, B01001_044E, B01001_045E, B01001_046E, B01001_047E, B01001_048E, B01001_049E
Origin ACS B99051_001E, B99051_002E, B99051_005E
Housing
Median Rent ACS B25064_001E
Housing Cost LAI Median-Income Family Housing Cost
Transportation Cost LAI Median-Income Family Housing Cost
Utilities Included in Rent ACS B25069_001E, B25069_002E, B25069_003E
Median Home Value ACS B25077_001E
Rent vs. Own ACS B25003_001E, B25003_002E, B25003_003E
Housing Units ACS B25001_001E
Year Home Was Built ACS B25034_001E, B25034_002E, B25034_003E, B25034_004E, B25034_005E, B25034_006E, B25034_007E, B25034_008E, B25034_009E, B25034_010E
Employment and Income
Median Income ACS B19013_001E
Previous Year’s Income ACS B19001_001E, B19001_002E, B19001_003E, B19001_004E, B19001_005E, B19001_006E, B19001_007E, B19001_008E, B19001_009E, B19001_010E, B19001_011E, B19001_012E, B19001_013E, B19001_014, B19001_015E, B19001_016E, B19001_017E
Commute to Work ACS B08301_001E, B08301_010E, B08301_018E, B08301_019E, B08301_020E, B08301_021E, B08301_002E, B08301_016E, B08301_017E
Cars Owned LAI Median-Income Family Autos per Household
Miles Driven LAI Median-Income Family Vehice Miles Traveled
Annual Transit Trips LAI Median-Income Family Annual Transit Trips
Income Below Poverty Level ACS B17017_001E, B17017_002E, B17017_031E
Residents’ Employment Sector LODES Residence Area Characteristics, Total Number of Jobs, for Primary Jobs, by NAICS sector:

Geography
Cleanup Sites CIMC All sites within search radius
ACS: The American Community Survey, 2011-2015, 5 Year Data
LODES: Longitudinal Employer-Household Dynamics, 2015
LAI: Location Affordability Index, 2014
Opening the Files

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September 3, 2016