Friendly Market Florence KY, 41042...
Transcript of Friendly Market Florence KY, 41042...
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■ Friendly Market: Excellent rental history, location with stronggrowth potential
■ Acreage next door for sale■ Also near Kroger, banks and restaurants
An outstanding investment!
$1,399,500Florence KY, 41042
10050 Norbotton Dr
Friendly Market
513-235-9090
Sales Vice PresidentPBD, SRES, SRS
Kelly Meyer
www.sibcycline.com/kameyer
DETAILS
10050 Norbotton Dr10050 Norbotton Dr, Florence, KY 41042
Kelly MeyerSibcy Cline Realtors8040 Montgomery Rd,Cincinnati, OH [email protected](513) 793-2121
Price: $181,000 - $699,000
Property Type: Land
Property Sub-type: Commercial
Proposed Use: Retail
Sale Type: Owner User
Total Lot Size: 3.98 AC
No. Lots: 3
10050 Norbotton Dr$181,000 - $699,000
Two additional lots are available for a total of 3 lots andapproximately 4 acres.
In the Mt Zion Rd expansion area
directly off i75 / Mt Zion Rd interchange
Lighted intersection on to Mt Zion Rd
•••
10050 Norbotton Dr, Florence, KY 41042
Property Photos
Lot # 13
Capture
COMMERCIAL BEST BUSINESSES REPORT
Florence, KY 41042
Presented by
Kelly MeyerKentucky Real Estate License: 73322
Work: (513) 793-2121 | Mobile: (513) 235-9090 | Fax: (513) 354-8157
[email protected] Cline, Inc.8040 Montgomery RdCincinnati, OH 45236
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.
9/19/2017
Best Retail Businesses
This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area,so consumers go elsewhere to have their needs met. The beige business types are relatively plentiful in the area, meaning there are existing competitors for thedollars that consumers spend in these categories.Data Source: Retail Marketplace via Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Criteria Used for AnalysisIncome:Median Household Income
Age:Median Age
Population Stats:Total Population
Segmentation:1st Dominant Segment
$55,832 36.4 53,896 Soccer Moms
Consumer SegmentationLife Mode UrbanizationWhat are thepeople like thatlive in this area?
Family LandscapesSuccessful younger families in newerhousing
Where do peoplelike this usuallylive?
Suburban PeripheryAffluence in the suburbs, married couple-families, longercommutes
Top TapestrySegments Soccer Moms Front Porches
Old andNewcomers Down the Road
Bright YoungProfessionals
% of Households 5,185 (24.6%) 2,229 (10.6%) 1,669 (7.9%) 1,558 (7.4%) 1,293 (6.1%)
% of Boone County 13,668 (30.4%) 2,311 (5.1%) 1,650 (3.7%) 1,553 (3.5%) 3,164 (7.0%)
Lifestyle Group Family Landscapes Middle Ground Middle Ground Rustic Outposts Middle Ground
Urbanization Group Suburban Periphery Metro Cities Metro Cities Semirural Urban Periphery
Residence Type Single Family Multi-Units; SingleFamily
Multi-Units; SingleFamily
Mobile Homes Multi-Units; SingleFamily
Household Type Married Couples Married Couples Singles Married Couples Married Couples
Average Household Size 2.96 2.55 2.11 2.74 2.4
Median Age 36.6 34.2 38.5 34.3 32.2
Diversity Index 48.3 70.4 50.1 70.5 65.4
Median Household Income $84,000 $39,000 $39,000 $36,000 $50,000
Median Net Worth $252,000 $21,000 $23,000 $30,000 $28,000
Median Home Value $226,000 – – $104,000 –
Homeownership 85.5 % 47.8 % 46.4 % 66.4 % 44.1 %
Average Monthly Rent – $890 $850 – $1,000
Employment Professional orManagement
Services, Professionalor Administration
Professional orServices
Services orAdministration
Professional orServices
Education College Degree High School Graduate College Degree High School Graduate College Degree
Preferred Activities Go jogging, biking,target shooting. Visittheme parks, zoos.
Go online for games;visit dating websites,chat rooms. Playbingo, video games.
Buy frozen,conveniencefoods. Supportenvironmentalorganizations.
Visit chat rooms; playgames online. Gohunting, fishing.
Go to bars/clubs;attend concerts. Eat atfast food, familyrestaurants.
Financial Carry high level ofdebt
Have loans to pay bills Bank online or inperson
Prefer convenience offrozen meals, fast food
Own U.S. savingsbonds; bank online
Media Shop, bank online Watch ComedyCentral, Nickelodeon,PBS Kids Sprout
Watch movies at home Watch Animal Planeton satellite TV
Rent DVDs fromRedbox or Netflix
Vehicle Own 2+ vehicles(minivans, SUVs)
Enjoy fun-to-drive cars View car astransportation only
Bought used vehiclelast year
Own newer cars
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreSoccer Moms is an affluent, family-oriented market with a country flavor.Residents are partial to new housingaway from the bustle of the city but closeenough to commute to professional jobcenters. Life in this suburban wildernessoffsets the hectic pace of two workingparents with growing children. They favortime-saving devices, like banking online orhousekeeping services, and family-oriented pursuits.
Our NeighborhoodSoccer Moms residents prefer the suburbanperiphery of metropolitan areas.Predominantly single family, homes are innewer neighborhoods, 36% built in the 1990s,31% built since 2000.Owner-occupied homes have high rate ofmortgages at 74%, and low rate vacancy at5%.Median home value is $226,000.Most households are married couples withchildren; average household size is 2.96.Most households have 2 or 3 vehicles; longtravel time to work including a disproportionatenumber commuting from a different county
Socioeconomic TraitsEducation: 37.7% college graduates; morethan 70% with some college education.Low unemployment at 5.9%; high labor forceparticipation rate at 72%; 2 out of 3households include 2+ workers.Connected, with a host of wireless devices fromiPods to tablets--anything that enablesconvenience, like banking, paying bills or evenshopping online.Well insured and invested in a range of funds,from savings accounts or bonds to stocks.Carry a higher level of debt, including first andsecond mortgages and auto loans
Market ProfileMost households own at least two vehicles; themost popular types are minivans and SUVs.Family-oriented purchases and activitiesdominate, like 4+ televisions, movie purchasesor rentals, children's apparel and toys, andvisits to theme parks or zoos.Outdoor activities and sports are characteristicof life in the suburban periphery, like bicycling,jogging, golfing, boating, and target shooting.Home maintenance services are frequentlycontracted, but these families also like theirgardens and own the tools for minor upkeep,like riding mowers and tillers.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#1dominant segmentfor this area
In this area
24.6%of households fallinto this segment
In the United States
2.8%of households fallinto this segment
About this segment
Soccer Moms
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreFront Porches blends household types,with more young families with children orsingle households than average. Thisgroup is also more diverse than the U.S.Half of householders are renters, andmany of the homes are older townhomesor duplexes. Friends and family are centralto Front Porches residents and help toinfluence household buying decisions.Residents enjoy their automobiles andlike cars that are fun to drive. Income andnet worth are well below the U.S. average,and many families have taken out loans tomake ends meet.
Our NeighborhoodNearly one in five homes is a duplex, triplex orquad; half are older single-family dwellings.Just over half the homes are occupied byrenters.Older, established neighborhoods; threequarters of all homes were built before 1980.Single-parent families or singles living alonemake up almost half of the households.
Socioeconomic TraitsComposed of a blue-collar work force with astrong labor force participation rate, butunemployment is high at 11%.Price is more important than brand names orstyle to these consumers.With limited incomes, these are notadventurous shoppers.They would rather cook a meal at home thandine out.They seek adventure and strive to have fun.
Market ProfileGo online for gaming, online dating and chatrooms.Use their cell phones to redeem mobilecoupons and listen to hip hop and R&B music.Drink energy and sports drinks.Participate in leisure activities including sports,indoor water parks, bingo and video games.Watch Comedy Central, Nickelodeon and PBSKids Sprout.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#2dominant segmentfor this area
In this area
10.6%of households fallinto this segment
In the United States
1.6%of households fallinto this segment
About this segment
Front Porches
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreThe Old and Newcomers market featuressingles' lifestyles, on a budget. The focusis more on convenience thanconsumerism, economy over acquisition.Old and Newcomers is composed ofneighborhoods in transition, populated byrenters who are just beginning theircareers or retiring. Some are still incollege; some are taking adult educationclasses. They support environmentalcauses and Starbucks. Age is not alwaysobvious from their choices.
Our NeighborhoodMetropolitan city dwellers.Predominantly single households, with a mixof married couples (no children); averagehousehold size lower at 2.11.54% renter occupied; average rent, $800.45% of housing units are single-familydwellings; 44% are multi-unit buildings inolder neighborhoods, built before 1980.Average vacancy rate at 11%.
Socioeconomic TraitsUnemployment is lower at 7.8%, with anaverage labor force participation rate of62.6%, despite the increasing number ofretired workers.30% of households are currently receivingSocial Security.28% have a college degree, 33% have somecollege education, 10% are still enrolled incollege.Consumers are price aware and couponclippers, but open to impulse buys.They are attentive to environmental concerns.They are more comfortable with the latesttechnology than buying a car.
Market ProfileResidents are strong supporters ofenvironmental organizations.They prefer cell phones to landlines.Entertainment features the Internet (datingsites and games), movies at home, countrymusic and newspapers.Vehicles are basically just a means oftransportation.Food features convenience, frozen and fastfood.They do banking as likely in person as online.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#3dominant segmentfor this area
In this area
7.9%of households fallinto this segment
In the United States
2.3%of households fallinto this segment
About this segment
Old and Newcomers
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreDown the Road is a mix of low-density,semi-rural neighborhoods in largemetropolitan areas; half are located in theSouth, with the rest chiefly in the West andMidwest. Almost half of householders livein mobile homes; approximately two-fifthslive in single-family homes. These areyounger, diverse communities, with thehighest proportion of American Indians ofany segment. These family-orientedconsumers value their traditions. Workersare in service, retail trade, manufacturingand construction industries, with higherproportions in agriculture and mining,compared to the U.S. in general. Thismarket has higher unemployment, muchlower median household income andhome value, and a fifth of households withincome below poverty level.
Our NeighborhoodTwo-thirds of households are owned.Family market, primarily married couples orsingle-parent households.Close to half of all households live in mobilehomes.Four-fifths of households were built in 1970 orlater.About 18% of owned homes are valued under$50,000 (more than three times the U.S.percentage).
Socioeconomic TraitsEducation completed: 37% with a high schooldiploma only, 38% with some collegeeducation or a degree.Unemployment rate is 11.6%, higher than theU.S. rate.Labor force participation rate is 59.6%, slightlylower than the U.S.Family-oriented, outgoing consumers; theyplace importance on preserving time-honoredcustoms.They put a premium on convenience ratherthan health and nutrition.
Market ProfilePurchased a used vehicle in the past year,likely maintaining the vehicle themselves.Routinely stop by the convenience store topurchase a lottery ticket.Participate in fishing and hunting.Visit chat rooms and play games online.Listen to the radio, especially at work, with apreference for rap, R&B and hip-hop music.Enjoy programs on Animal Planet, typicallywatching via satellite dish.Often prepare quick meals, using packaged orfrozen dinner entrees.Favorite fast food: pizza.Frequent Walmart for all their shopping needs(groceries, clothing, pharmacy, etc.).
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#4dominant segmentfor this area
In this area
7.4%of households fallinto this segment
In the United States
1.1%of households fallinto this segment
About this segment
Down the Road
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreBright Young Professionals is a largemarket, primarily located in urban outskirtsof large metropolitan areas. Thesecommunities are home to young,educated, working professionals. One outof three householders is under the age of35. Slightly more diverse couplesdominate this market, with more rentersthan homeowners. More than two-fifths ofthe households live in single-familyhomes; over a third live in 5+ unitbuildings. Labor force participation is high,generally white-collar work, with a mix offood service and part-time jobs (amongthe college students). Median householdincome, median home value and averagerent are close to the U.S. averages.Residents of this segment are physicallyactive and up on the latest technology.
Our NeighborhoodApproximately 56% of the households rent;44% own their homes.Household type is primarily couples, married(or unmarried), with above averageconcentrations of both single-parent andsingle-person households.Multi-unit buildings or row housing make up55% of the housing stock (row housing,buildings with 5-19 units); 44% built 1980-99.Average rent is slightly higher than the U.S.average.Lower vacancy rate is at 8.9%.
Socioeconomic TraitsEducation completed: 36% with some collegeor an associate's degree, 30% with a bachelor'sdegree or higher. Education in progress is10%.Unemployment rate is lower at 7.1%, and laborforce participation rate of 73% is higher thanthe U.S. rate.These consumers are up on the latesttechnology.They get most of their information from theInternet.Concern about the environment impacts theirpurchasing decisions.
Market ProfileOwn U.S. savings bonds.Own newer computers (desktop, laptop orboth), iPods and 2+ TVs.Go online to do banking, access YouTube orFacebook, visit blogs, and play games.Use cell phones to text, redeem mobilecoupons, listen to music, and check for newsand financial information.Find leisure going to bars/clubs, attendingconcerts, going to the zoo, and renting DVDsfrom Redbox or Netflix.Read sports magazines and participate in avariety of sports, including backpacking,basketball, football, bowling, Pilates, weightlifting and yoga.Eat out often at fast-food and familyrestaurants.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#5dominant segmentfor this area
In this area
6.1%of households fallinto this segment
In the United States
2.2%of households fallinto this segment
About this segment
Bright Young Professionals
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Total PopulationThis chart shows the total population inan area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Population DensityThis chart shows the number of peopleper square mile in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Population Change Since 2010This chart shows the percentage changein area's population from 2010 to 2016,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Average Household SizeThis chart shows the average householdsize in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Population Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Population Living in FamilyHouseholdsThis chart shows the percentage of anarea’s population that lives in ahousehold with one or more individualsrelated by birth, marriage or adoption,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Women 2016Men 2016Women 2021 (Projected)Men 2021 (Projected)
Female / Male RatioThis chart shows the ratio of females tomales in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Median AgeThis chart shows the median age in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Population by AgeThis chart breaks down the population ofan area by age group.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Age Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
MarriedUnmarried
Married / Unmarried AdultsRatioThis chart shows the ratio of married tounmarried adults in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
MarriedThis chart shows the number of people inan area who are married, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Never MarriedThis chart shows the number of people inan area who have never been married,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
WidowedThis chart shows the number of people inan area who are widowed, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
DivorcedThis chart shows the number of people inan area who are divorced, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Marital Status Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Average Household IncomeThis chart shows the average householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Median Household IncomeThis chart shows the median householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Per Capita IncomeThis chart shows per capita income in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Average Disposable IncomeThis chart shows the average disposableincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Economic Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Boone CountyKentuckyUSA
Unemployment RateThis chart shows the unemploymenttrend in an area, compared with othergeographies.Data Source: Bureau of Labor Statisticsvia 3DLUpdate Frequency: Monthly
Employment Count byIndustryThis chart shows industries in an areaand the number of people employed ineach category.Data Source: Bureau of Labor Statisticsvia Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Less than 9th GradeThis chart shows the percentage ofpeople in an area who have less than aninth grade education, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Some High SchoolThis chart shows the percentage ofpeople in an area whose highesteducational achievement is some highschool, without graduating or passing ahigh school GED test, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
High School GEDThis chart shows the percentage ofpeople in an area whose highesteducational achievement is passing ahigh school GED test, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
High School GraduateThis chart shows the percentage ofpeople in an area whose highesteducational achievement is high school,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Some CollegeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is somecollege, without receiving a degree,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Education Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Associate DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is an associatedegree, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Bachelor's DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is a bachelor'sdegree, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Grad/Professional DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is a graduateor professional degree, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Median Estimated Home ValueThis chart displays property estimates foran area and a subject property, whereone has been selected. Estimated homevalues are generated by a valuationmodel and are not formal appraisals.Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensedUpdate Frequency: Monthly
12-Month Change in MedianEstimated Home ValueThis chart shows the 12-month change inthe estimated value of all homes in thisarea, the county and the state. Estimatedhome values are generated by avaluation model and are not formalappraisals.Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensedUpdate Frequency: Monthly
Median Listing PriceThis chart displays the median listingprice for homes in this area, the countyand the state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly
12-Month Change in MedianListing PriceThis chart displays the 12-month changein the median listing price of homes inthis area, and compares it to the countyand state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly
Florence, KY 41042: Home Value Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Page 4 of 5
Page 5 of 5
Road Map
Address City, State Zip Number on report10255 Dixie Hwy Florence, KY 41042-3313 1
NW of Houston Rd and Merchants St Florence, KY 41042 2
1960 Litton Ln Hebron, KY 41048 3
8711 US Highway 42 Florence, KY 41042 4
8001 Dream St Florence, KY 41042 5
Information obtained from sources deemed reliable. While considered accurate, we make no guarantee, warranty or representation.
Date: 09/21/2017
Page 1 of 1
Criteria Used for AnalysisIncome:Median Household Income
Age:Median Age
Population Stats:Total Population
Segmentation:1st Dominant Segment
$55,832 36.4 53,896 Soccer Moms
Consumer SegmentationLife Mode UrbanizationWhat are thepeople like thatlive in this area?
Family LandscapesSuccessful younger families in newerhousing
Where do peoplelike this usuallylive?
Suburban PeripheryAffluence in the suburbs, married couple-families, longercommutes
Top TapestrySegments Soccer Moms Front Porches
Old andNewcomers Down the Road
Bright YoungProfessionals
% of Households 5,185 (24.6%) 2,229 (10.6%) 1,669 (7.9%) 1,558 (7.4%) 1,293 (6.1%)
% of Boone County 13,668 (30.4%) 2,311 (5.1%) 1,650 (3.7%) 1,553 (3.5%) 3,164 (7.0%)
Lifestyle Group Family Landscapes Middle Ground Middle Ground Rustic Outposts Middle Ground
Urbanization Group Suburban Periphery Metro Cities Metro Cities Semirural Urban Periphery
Residence Type Single Family Multi-Units; SingleFamily
Multi-Units; SingleFamily
Mobile Homes Multi-Units; SingleFamily
Household Type Married Couples Married Couples Singles Married Couples Married Couples
Average Household Size 2.96 2.55 2.11 2.74 2.4
Median Age 36.6 34.2 38.5 34.3 32.2
Diversity Index 48.3 70.4 50.1 70.5 65.4
Median Household Income $84,000 $39,000 $39,000 $36,000 $50,000
Median Net Worth $252,000 $21,000 $23,000 $30,000 $28,000
Median Home Value $226,000 – – $104,000 –
Homeownership 85.5 % 47.8 % 46.4 % 66.4 % 44.1 %
Average Monthly Rent – $890 $850 – $1,000
Employment Professional orManagement
Services, Professionalor Administration
Professional orServices
Services orAdministration
Professional orServices
Education College Degree High School Graduate College Degree High School Graduate College Degree
Preferred Activities Go jogging, biking,target shooting. Visittheme parks, zoos.
Go online for games;visit dating websites,chat rooms. Playbingo, video games.
Buy frozen,conveniencefoods. Supportenvironmentalorganizations.
Visit chat rooms; playgames online. Gohunting, fishing.
Go to bars/clubs;attend concerts. Eat atfast food, familyrestaurants.
Financial Carry high level ofdebt
Have loans to pay bills Bank online or inperson
Prefer convenience offrozen meals, fast food
Own U.S. savingsbonds; bank online
Media Shop, bank online Watch ComedyCentral, Nickelodeon,PBS Kids Sprout
Watch movies at home Watch Animal Planeton satellite TV
Rent DVDs fromRedbox or Netflix
Vehicle Own 2+ vehicles(minivans, SUVs)
Enjoy fun-to-drive cars View car astransportation only
Bought used vehiclelast year
Own newer cars
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreSoccer Moms is an affluent, family-oriented market with a country flavor.Residents are partial to new housingaway from the bustle of the city but closeenough to commute to professional jobcenters. Life in this suburban wildernessoffsets the hectic pace of two workingparents with growing children. They favortime-saving devices, like banking online orhousekeeping services, and family-oriented pursuits.
Our NeighborhoodSoccer Moms residents prefer the suburbanperiphery of metropolitan areas.Predominantly single family, homes are innewer neighborhoods, 36% built in the 1990s,31% built since 2000.Owner-occupied homes have high rate ofmortgages at 74%, and low rate vacancy at5%.Median home value is $226,000.Most households are married couples withchildren; average household size is 2.96.Most households have 2 or 3 vehicles; longtravel time to work including a disproportionatenumber commuting from a different county
Socioeconomic TraitsEducation: 37.7% college graduates; morethan 70% with some college education.Low unemployment at 5.9%; high labor forceparticipation rate at 72%; 2 out of 3households include 2+ workers.Connected, with a host of wireless devices fromiPods to tablets--anything that enablesconvenience, like banking, paying bills or evenshopping online.Well insured and invested in a range of funds,from savings accounts or bonds to stocks.Carry a higher level of debt, including first andsecond mortgages and auto loans
Market ProfileMost households own at least two vehicles; themost popular types are minivans and SUVs.Family-oriented purchases and activitiesdominate, like 4+ televisions, movie purchasesor rentals, children's apparel and toys, andvisits to theme parks or zoos.Outdoor activities and sports are characteristicof life in the suburban periphery, like bicycling,jogging, golfing, boating, and target shooting.Home maintenance services are frequentlycontracted, but these families also like theirgardens and own the tools for minor upkeep,like riding mowers and tillers.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#1dominant segmentfor this area
In this area
24.6%of households fallinto this segment
In the United States
2.8%of households fallinto this segment
About this segment
Soccer Moms
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreFront Porches blends household types,with more young families with children orsingle households than average. Thisgroup is also more diverse than the U.S.Half of householders are renters, andmany of the homes are older townhomesor duplexes. Friends and family are centralto Front Porches residents and help toinfluence household buying decisions.Residents enjoy their automobiles andlike cars that are fun to drive. Income andnet worth are well below the U.S. average,and many families have taken out loans tomake ends meet.
Our NeighborhoodNearly one in five homes is a duplex, triplex orquad; half are older single-family dwellings.Just over half the homes are occupied byrenters.Older, established neighborhoods; threequarters of all homes were built before 1980.Single-parent families or singles living alonemake up almost half of the households.
Socioeconomic TraitsComposed of a blue-collar work force with astrong labor force participation rate, butunemployment is high at 11%.Price is more important than brand names orstyle to these consumers.With limited incomes, these are notadventurous shoppers.They would rather cook a meal at home thandine out.They seek adventure and strive to have fun.
Market ProfileGo online for gaming, online dating and chatrooms.Use their cell phones to redeem mobilecoupons and listen to hip hop and R&B music.Drink energy and sports drinks.Participate in leisure activities including sports,indoor water parks, bingo and video games.Watch Comedy Central, Nickelodeon and PBSKids Sprout.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#2dominant segmentfor this area
In this area
10.6%of households fallinto this segment
In the United States
1.6%of households fallinto this segment
About this segment
Front Porches
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreThe Old and Newcomers market featuressingles' lifestyles, on a budget. The focusis more on convenience thanconsumerism, economy over acquisition.Old and Newcomers is composed ofneighborhoods in transition, populated byrenters who are just beginning theircareers or retiring. Some are still incollege; some are taking adult educationclasses. They support environmentalcauses and Starbucks. Age is not alwaysobvious from their choices.
Our NeighborhoodMetropolitan city dwellers.Predominantly single households, with a mixof married couples (no children); averagehousehold size lower at 2.11.54% renter occupied; average rent, $800.45% of housing units are single-familydwellings; 44% are multi-unit buildings inolder neighborhoods, built before 1980.Average vacancy rate at 11%.
Socioeconomic TraitsUnemployment is lower at 7.8%, with anaverage labor force participation rate of62.6%, despite the increasing number ofretired workers.30% of households are currently receivingSocial Security.28% have a college degree, 33% have somecollege education, 10% are still enrolled incollege.Consumers are price aware and couponclippers, but open to impulse buys.They are attentive to environmental concerns.They are more comfortable with the latesttechnology than buying a car.
Market ProfileResidents are strong supporters ofenvironmental organizations.They prefer cell phones to landlines.Entertainment features the Internet (datingsites and games), movies at home, countrymusic and newspapers.Vehicles are basically just a means oftransportation.Food features convenience, frozen and fastfood.They do banking as likely in person as online.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#3dominant segmentfor this area
In this area
7.9%of households fallinto this segment
In the United States
2.3%of households fallinto this segment
About this segment
Old and Newcomers
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreDown the Road is a mix of low-density,semi-rural neighborhoods in largemetropolitan areas; half are located in theSouth, with the rest chiefly in the West andMidwest. Almost half of householders livein mobile homes; approximately two-fifthslive in single-family homes. These areyounger, diverse communities, with thehighest proportion of American Indians ofany segment. These family-orientedconsumers value their traditions. Workersare in service, retail trade, manufacturingand construction industries, with higherproportions in agriculture and mining,compared to the U.S. in general. Thismarket has higher unemployment, muchlower median household income andhome value, and a fifth of households withincome below poverty level.
Our NeighborhoodTwo-thirds of households are owned.Family market, primarily married couples orsingle-parent households.Close to half of all households live in mobilehomes.Four-fifths of households were built in 1970 orlater.About 18% of owned homes are valued under$50,000 (more than three times the U.S.percentage).
Socioeconomic TraitsEducation completed: 37% with a high schooldiploma only, 38% with some collegeeducation or a degree.Unemployment rate is 11.6%, higher than theU.S. rate.Labor force participation rate is 59.6%, slightlylower than the U.S.Family-oriented, outgoing consumers; theyplace importance on preserving time-honoredcustoms.They put a premium on convenience ratherthan health and nutrition.
Market ProfilePurchased a used vehicle in the past year,likely maintaining the vehicle themselves.Routinely stop by the convenience store topurchase a lottery ticket.Participate in fishing and hunting.Visit chat rooms and play games online.Listen to the radio, especially at work, with apreference for rap, R&B and hip-hop music.Enjoy programs on Animal Planet, typicallywatching via satellite dish.Often prepare quick meals, using packaged orfrozen dinner entrees.Favorite fast food: pizza.Frequent Walmart for all their shopping needs(groceries, clothing, pharmacy, etc.).
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#4dominant segmentfor this area
In this area
7.4%of households fallinto this segment
In the United States
1.1%of households fallinto this segment
About this segment
Down the Road
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Who We AreBright Young Professionals is a largemarket, primarily located in urban outskirtsof large metropolitan areas. Thesecommunities are home to young,educated, working professionals. One outof three householders is under the age of35. Slightly more diverse couplesdominate this market, with more rentersthan homeowners. More than two-fifths ofthe households live in single-familyhomes; over a third live in 5+ unitbuildings. Labor force participation is high,generally white-collar work, with a mix offood service and part-time jobs (amongthe college students). Median householdincome, median home value and averagerent are close to the U.S. averages.Residents of this segment are physicallyactive and up on the latest technology.
Our NeighborhoodApproximately 56% of the households rent;44% own their homes.Household type is primarily couples, married(or unmarried), with above averageconcentrations of both single-parent andsingle-person households.Multi-unit buildings or row housing make up55% of the housing stock (row housing,buildings with 5-19 units); 44% built 1980-99.Average rent is slightly higher than the U.S.average.Lower vacancy rate is at 8.9%.
Socioeconomic TraitsEducation completed: 36% with some collegeor an associate's degree, 30% with a bachelor'sdegree or higher. Education in progress is10%.Unemployment rate is lower at 7.1%, and laborforce participation rate of 73% is higher thanthe U.S. rate.These consumers are up on the latesttechnology.They get most of their information from theInternet.Concern about the environment impacts theirpurchasing decisions.
Market ProfileOwn U.S. savings bonds.Own newer computers (desktop, laptop orboth), iPods and 2+ TVs.Go online to do banking, access YouTube orFacebook, visit blogs, and play games.Use cell phones to text, redeem mobilecoupons, listen to music, and check for newsand financial information.Find leisure going to bars/clubs, attendingconcerts, going to the zoo, and renting DVDsfrom Redbox or Netflix.Read sports magazines and participate in avariety of sports, including backpacking,basketball, football, bowling, Pilates, weightlifting and yoga.Eat out often at fast-food and familyrestaurants.
An overview of who makes up this segment across the United States
The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.
This is the
#5dominant segmentfor this area
In this area
6.1%of households fallinto this segment
In the United States
2.2%of households fallinto this segment
About this segment
Bright Young Professionals
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Total PopulationThis chart shows the total population inan area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Population DensityThis chart shows the number of peopleper square mile in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Population Change Since 2010This chart shows the percentage changein area's population from 2010 to 2016,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Average Household SizeThis chart shows the average householdsize in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Population Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Population Living in FamilyHouseholdsThis chart shows the percentage of anarea’s population that lives in ahousehold with one or more individualsrelated by birth, marriage or adoption,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Women 2016Men 2016Women 2021 (Projected)Men 2021 (Projected)
Female / Male RatioThis chart shows the ratio of females tomales in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Median AgeThis chart shows the median age in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Population by AgeThis chart breaks down the population ofan area by age group.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Age Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
MarriedUnmarried
Married / Unmarried AdultsRatioThis chart shows the ratio of married tounmarried adults in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
MarriedThis chart shows the number of people inan area who are married, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Never MarriedThis chart shows the number of people inan area who have never been married,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
WidowedThis chart shows the number of people inan area who are widowed, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
DivorcedThis chart shows the number of people inan area who are divorced, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Marital Status Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
20162021 (Projected)
Average Household IncomeThis chart shows the average householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Median Household IncomeThis chart shows the median householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
20162021 (Projected)
Per Capita IncomeThis chart shows per capita income in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Average Disposable IncomeThis chart shows the average disposableincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Economic Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Boone CountyKentuckyUSA
Unemployment RateThis chart shows the unemploymenttrend in an area, compared with othergeographies.Data Source: Bureau of Labor Statisticsvia 3DLUpdate Frequency: Monthly
Employment Count byIndustryThis chart shows industries in an areaand the number of people employed ineach category.Data Source: Bureau of Labor Statisticsvia Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Less than 9th GradeThis chart shows the percentage ofpeople in an area who have less than aninth grade education, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Some High SchoolThis chart shows the percentage ofpeople in an area whose highesteducational achievement is some highschool, without graduating or passing ahigh school GED test, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
High School GEDThis chart shows the percentage ofpeople in an area whose highesteducational achievement is passing ahigh school GED test, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
High School GraduateThis chart shows the percentage ofpeople in an area whose highesteducational achievement is high school,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Some CollegeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is somecollege, without receiving a degree,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042: Education Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Associate DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is an associatedegree, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Bachelor's DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is a bachelor'sdegree, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Grad/Professional DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is a graduateor professional degree, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017
Median Estimated Home ValueThis chart displays property estimates foran area and a subject property, whereone has been selected. Estimated homevalues are generated by a valuationmodel and are not formal appraisals.Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensedUpdate Frequency: Monthly
12-Month Change in MedianEstimated Home ValueThis chart shows the 12-month change inthe estimated value of all homes in thisarea, the county and the state. Estimatedhome values are generated by avaluation model and are not formalappraisals.Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensedUpdate Frequency: Monthly
Median Listing PriceThis chart displays the median listingprice for homes in this area, the countyand the state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly
12-Month Change in MedianListing PriceThis chart displays the 12-month changein the median listing price of homes inthis area, and compares it to the countyand state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly
Florence, KY 41042: Home Value Comparison
Florence, KY 41042
Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2017