Question
TABLE: Use census data to measure change in key indicators between 2006, 2013 and 2017. (2.5 points extra credit if you add the most current
TABLE: Use census data to measure change in key indicators between 2006, 2013 and 2017. (2.5 points extra credit if you add the most current data available from data.census.gov.)
Total Population Total Households Total Housing Units (Subtract Vacant Units) Jobs (Population 16 and over employed) Median Household Income Median Gross Rent Median House Value Rent to Price (Annual Median Rent/Median House Value) Rent to Income (Annual Median Rent/Household Income) Price to Income (Median House Value/Household Income)
For all indicators report values in 2006, 2013, and 2017 (and most current for e.c.) and annual percent change (compound rate) between 2006 and 2013 and between 2013 and 2017(and between 2017 and most current, for extra credit) for your MSA, its principal city and the US. Create easy to read table(s) of your data.
Note: Annual percent change rate formula (compound annual growth rate) =
(ending value /beginning value)^(1/number of years) - 1
2) BRIEFLY describe overall trends in your MSA/Central city, analyzing levels and changes for at least 3 of the indicatorsand compare the evolutions to national trends.
3) Given percent change in jobs and change in number of housing units between 2013 and 2017 (or most current) in your MSAwould you expect gross rent and house value growth to have been above or below income growth? Why?
4) Focus on 1 interesting characteristic of change or permanence in the housing market of that area over that time period (based on these indicators or other)
American Community Survey 1 Year Estimate for nation and for assigned Metropolitan Statistical Area/Micropolitan Statistical Area and principal city (the first city listed) in that MSA.
Source: https://data.census.gov
Advanced Search Browse Filters, By Geography, Metropolitan Statistical Area/Micropolitan Statistical Area, Choose your area (search) Browse Filters, By Survey, Choose American Community Survey, 1 Year Estimate, Selected Population Profiles Search Choose Selected Population Profile in the United States, View All Tables Customize Table, if needed
Cities that we are focusing on using the source to answer the questions: San Francisco-Oakland-Hayward, CA
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