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LifeMode Group: GenXurban 5C Parks and...
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TAPESTRY SEGMENTATION TM esri.com/tapestry Households: 2,449,600 Average Household Size: 2.51 Median Age: 40.9 Median Household Income: $60,000 LifeMode Group: GenXurban Parks and Rec WHO ARE WE? These practical suburbanites have achieved the dream of home ownership. They have purchased homes that are within their means. Their homes are older, and town homes and duplexes are not uncommon. Many of these families are two-income married couples approaching retirement age; they are comfortable in their jobs and their homes, budget wisely, but do not plan on retiring anytime soon or moving. Neighborhoods are well established, as are the amenities and programs that supported their now independent children through school and college. The appeal of these kid-friendly neighborhoods is now attracting a new generation of young couples. OUR NEIGHBORHOOD • Homes are primarily owner occupied, single-family residences built prior to 1970; town homes and duplexes are scattered through the neighborhoods. • Both median home value and average rent are close to the national level. • Households by type mirror the US distribution; married couples, more without children, dominate. Average household size is slightly lower at 2.51, but this market is also a bit older. SOCIOECONOMIC TRAITS • More than half of the population is college educated. • Older residents draw Social Security and retirement income. • The work force is diverse: professionals in health care, retail trade, and education, or skilled workers in manufacturing and construction. • This is a financially shrewd market; consumers are careful to research their big-ticket purchases. • When planning trips, they search for discounted airline fares and hotels and choose to vacation within the US. • These practical residents tend to use their cell phones for calls and texting only. Note: The Index represents the ratio of the segment rate to the US rate multiplied by 100. Consumer preferences are estimated from data by GfK MRI. 5C
Transcript of LifeMode Group: GenXurban 5C Parks and...
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
Households: 2,449,600
Average Household Size: 2.51
Median Age: 40.9
Median Household Income: $60,000
LifeMode Group: GenXurban
Parks and Rec
WHO ARE WE?These practical suburbanites have achieved the dream of home ownership. They have purchased homes that are within their means. Their homes are older, and town homes and duplexes are not uncommon. Many of these families are two-income married couples approaching retirement age; they are comfortable in their jobs and their homes, budget wisely, but do not plan on retiring anytime soon or moving. Neighborhoods are well established, as are the amenities and programs that supported their now independent children through school and college. The appeal of these kid-friendly neighborhoods is now attracting a new generation of young couples.
OUR NEIGHBORHOOD• Homes are primarily owner occupied, single-family residences built prior to 1970; town homes and duplexes are scattered through the neighborhoods.
• Both median home value and average rent are close to the national level.
• Households by type mirror the US distribution; married couples, more without children, dominate. Average household size is slightly lower at 2.51, but this market is also a bit older.
SOCIOECONOMIC TRAITS• More than half of the population is college educated.
• Older residents draw Social Security and retirement income.
• The work force is diverse: professionals in health care, retail trade, and education, or skilled workers in manufacturing and construction.
• This is a financially shrewd market; consumers are careful to research their big-ticket purchases.
• When planning trips, they search for discounted airline fares and hotels and choose to vacation within the US.
• These practical residents tend to use their cell phones for calls and texting only.
Note: The Index represents the ratio of the segment rate to the US rate multiplied by 100. Consumer preferences are estimated from data by GfK MRI.
5C
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
LifeMode Group: GenXurban
Parks and Rec5C
85+80–8475–7970–7465–6960–6455–5950–5445–4940–4435–3930–3425–2920–2415–1910–14
5–9<5
8% 4% 0 4% 8%
Male Female
Median Household Income
Median Net Worth
$56,100
$93,300
$60,000
$125,500
$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000
EsriMedianHHIncome
EsriMedianNetWorth
Series2 Series1
$56,100
$93,300
$60,000
$125,500
$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000
EsriMedianHHIncome
EsriMedianNetWorth
Series2 Series1
Housing
Food
Apparel & Services
Transportation
Health Care
Entertainment &Recreation
Education
Pensions &Social Security
Other
0.0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%4.0%
MaleAge0-4
MaleAge5-9
MaleAge10-14
MaleAge15-19
MaleAge20-24
MaleAge25-29
MaleAge30-34
MaleAge35-39
MaleAge40-44
MaleAge45-49
MaleAge50-54
MaleAge55-59
MaleAge60-64
MaleAge65-69
MaleAge70-74
MaleAge75-79
MaleAge80-84
MaleAge85+
AgebySex- Male
Series2 Series1
0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5%
FemaleAge0-4
FemaleAge5-9
FemaleAge10-14
FemaleAge15-19
FemaleAge20-24
FemaleAge25-29
FemaleAge30-34
FemaleAge35-39
FemaleAge40-44
FemaleAge45-49
FemaleAge50-54
FemaleAge55-59
FemaleAge60-64
FemaleAge65-69
FemaleAge70-74
FemaleAge75-79
FemaleAge80-84
FemaleAge85+
ChartTitle
Series2 Series1
INCOME AND NET WORTHNet worth measures total household assets (homes, vehicles, investments, etc.) less any debts, secured (e.g., mortgages)or unsecured (credit cards). Household income andnet worth are estimated by Esri.
OCCUPATION BY EARNINGSThe fi ve occupations with the highest number of workers in the market are displayedby median earnings. Data from the Census Bureau’s American Community Survey.
AVERAGE HOUSEHOLD BUDGET INDEXThe index compares the average amount spent in this market’s household budgets for housing, food, apparel, etc., to the average amount spent by all US households. An indexof 100 is average. An index of 120 shows that average spending by consumers in this marketis 20 percent above the national average. Consumer expenditures are estimated by Esri.
AGE BY SEX (Esri data)
Median Age: 40.9 US: 38.2 Indicates US
RACE AND ETHNICITY (Esri data)
The Diversity Index summarizes racial and ethnic diversity. The index shows the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. The index ranges from 0 (no diversity) to 100 (complete diversity).
Diversity Index: 50.7 US: 64.0
Hispanic*
Multiple
Other
Asian andPac. Islander
AmericanIndian
Black
White
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
0
100,000 20 300,000 6 500,000
*Hispanic Can Be of Any Race.
0 20% 40% 60% 80%
0 $100K $200K $300K $400K $500K $600K+
0 $100K $200K $300K $400K $500K $600K+US Average. US Median.
Med
ian
Ear
ning
s
Workers (Age 16+)
94
87
89
88
91
91
106
93
91
0 50 100 150 200 250 300 350
Own69.7%
Rent30.3%
ChartTitle
Own Rent
HomeOwnershipUS Percentage:
62.7% Own 37.3% Rent
Population
Population Growth (Annual %)
Population Density (Persons per sq. mile)
350
350
350
0
0
0
900,000
-0.5%
0
11,000,000
3.0%
25,000
6,215,500
0.4%
1251
1000
Wealth Index
Socioeconomic Status Index
Housing Affordability Index
89
104
138
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
MARKET PROFILE (Consumer preferences are estimated from data by GfK MRI)
• Cost and practicality come first when purchasing a vehicle; Parks and Rec residents are more likely to buy SUVs or trucks over compact or subcompact vehicles.
• Budget-conscious consumers stock up on staples at warehouse clubs.
• Pass time at home watching documentaries on Animal Planet, Discovery, or History channels. For an outing, they choose to dine out at family-style restaurants and attend movies. Between trips to the casinos, they gamble on lottery tickets and practice their blackjack and poker skills online.
• Convenience is important in the kitchen; they regularly use frozen or packaged main course meals. Ground coffee is preferred over coffee beans.
• Residents here take advantage of local parks and recreational activities. Their exercise routine is a balance of home-based exercise; a session at their local community gym; or a quick jog, swim, or run.
ESRI INDEXESEsri developed three indexes to display average household wealth, socioeconomic status, and housing affordability for the market relative to US standards.
POPULATION CHARACTERISTICSTotal population, average annual population change since Census 2010, and average density (population per square mile) are displayed for the market relative to the size and change among all Tapestry markets. Data estimated by Esri.
LifeMode Group: GenXurban
Parks and Rec5C
HOUSINGMedian home value is displayed for markets that are primarily owner occupied; average rent is shown for renter-occupied markets. Tenure and home value are estimated by Esri. Housing type and average rent are from the Census Bureau’s American Community Survey.
Typical Housing:Single Family
Median Value:$198,500US Median: $207,300
High
Low
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
SEGMENT DENSITYThis map illustrates the density and distribution of the Parks and Rec Tapestry Segment by households.
LifeMode Group: GenXurban
Parks and Rec5C
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