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Updated over 13 years ago on . Most recent reply

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Michael Czepil
  • Melbourne, Victoria
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Market Demographics

Michael Czepil
  • Melbourne, Victoria
Posted

Hi guys, just looking to see what your thoughts are on analyzing the demographics of a particular market. In the reading I have been doing, the factors I have typically come across are: income, occupancy, employment rate, median housing price, rents and age. Is there something I am missing there? Or is there a number different than those I mentioned that helps you paint a good picture of a market?

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Joel Owens
  • Real Estate Broker
  • Canton, GA
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

CRIME is a big one.The percentage of non-violent to violent infractions and if crime is increasing or decreasing in the immediate area.

Intermodal transportation study is another and the future land use map.

This will give you an idea of where they are today and what they have planned for the area in the future and how the city and county will be allocating their resources to develop certain areas.

Much more items than this but it's been a long day and my brain is out of fuel........ :)

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