Category Archives: CRA

Examining HMDA/CRA Census Tract Demographics

.. the ability to effectively analyze low, moderate, middle, and upper income population and households by small area geography is important to housing market stakeholders, lenders, investors, cities/neighborhoods and others. Low and moderate income data by block group and census tract are used for compliance, eligibility determination and program performance in many Federal programs and agencies. See the main Web page for more detail.

This section reviews the scope and use of the FFIEC 2019 HMDA/CRA census tract data (released September 2019). Use the interactive table to view, rank, compare selected items from these updated data for any/all tracts. Use GIS tools with these data to map and geospatially analyze these data as illustrated and further described as illustrated here. See more about banking, CRA and LMI tracts and more about these data.

Visual Analysis of Banks in Context Census Tract Demographics
Click graphic for larger view; expand browser window for best quality view.

– view developed using CV XE GIS and related GIS project.
– install this GIS tool and related GIS project on your computer to examines patterns, market share and more.

Low & Moderate Income Population by Census Tract
Low, moderate, middle, upper income classification by census tract is based on the median family income of a specific census tract relative to the metropolitan statistical area (MSA) or non-MSA area in which the tract is located. The FFIEC data include a “low and moderate income indicator”:
1 – Low — MFI is less than 50% of the MSA/parent area MFI
2 – Moderate — MFI is from 50% to 80% of the MSA/parent area MFI
3 – Middle — MFI is from 80% to 120% of the MSA/parent area MFI
4 – Upper — MFI is 120% or more of the MSA/parent area MFI
0 – NA — MFI is 0 or not available
where MFI is the Median Family Income

Low and moderate income designation is closely associated with implementation of the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA) and is a widely used in many other applications as a measure of economic prosperity.

Using the Interactive Table
Use the interactive table to examine individual tracts or sets of tracts as to their low and moderate income status and related demographics. The following view illustrates use of the table. Clicking buttons below table, this sequence of steps was used to obtain this view:
– click ShowAll
– click “Find CBSA; Low & Mod Tracts”
  >this selects tract in CBSA 26420 (Houston) that are low or mod
– click “Status Cols”
The table refreshes to show 470 tracts that are low/mod in this metro.
Finally, click the column header “Tract MFI %Region” to sort in descending order.

View your areas of interest. Start the steps over and use your CBSA code for a metro of interest.

Bankers Analytics Tools Web Sessions
Join me in a Bankers Analytic Tools Lab session (every Wednesday 3:00 pm ET) to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.
Topics:
• mapping and geospatially analyzing your data with FFIEC data
• tract demographic vintages and trends
• issues regarding MSA/MD vintage, change; about the 2018 vintage CBSAs
• defining and using assessment area geography
• examining the community & neighborhoods in context of assessment areas
• using the FDIC bank location/deposits data with FFIEC/ACS demographics
• using the FFIEC/ACS interactive table below
• alternative methods of accessing census tract ACS data

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

Low & Moderate Income Census Tracts; 2017 Update

..  data and tools to analyze characteristics and patterns of census tract geography with a focus on low and moderate income.   See related Web page for more detail.

Of the total 75,883 census tracts for which low and moderate income data were tabulated in the HMDA 2017 data, 6,023 (8.7%) were low income, 16,873 (24.5%) were moderate income, 32,509 (47.1%) were middle income and 19,159 (27.8%) were upper income. See more about these classifications. Find out about your tracts/neighborhoods of interest and how they compare to others using data and tools provided in this section.

Analysis of the low, moderate, middle, and upper income of the population and households by small area geography is important to housing market stakeholders, lenders, investors, cities/neighborhoods and others. Low and moderate income data by block group and census tract are used for compliance, eligibility determination and program performance in many Federal programs and agencies.

• Use the interactive table below to view, query, compare, sort census tracts.
• Use tract estimates & projections to examine changing characteristics.
– extended demographic-economic measures, annual 2010-2022

Low & Moderate Income by Census Tract
The following view shows census tracts designated as low and moderate income (orange fill pattern) in the the Houston, TX MSA (bold brown boundary) area. These are tracts having income level with codes 1 and 2 in the interactive table. A wide range of market insights can be created zoom-in views for counties, cities and neighborhoods and linking these with other data. Make variations of this view using ProximityOne data and tools described in this section.

– View developed using CV XE GIS and related GIS project.

View similar maps for these areas:
.. Atlanta metro
.. Chicago, IL metro
.. Dallas, TX metro
.. Knoxville, TN metro
.. with drill-down views for Knoxville city
.. Los Angeles, CA metro
.. San Francisco, CA metro

Using the Interactive Table
  – Examining LMI Tracts in Your Metro

Use the interactive table to view, query, sort compare tracts based on various demographic and LMI characteristitcs. The following graphic illustrates how the table can be used to view low and moderate income tracts for the Charlotte, NC-SC metro.
– click ShowAll button below table.
– enter a CBSA code in the edit box at right of Find CBSA LMI>.
– click the Find CBSA LMI button.
Resulting display of Charlotte metro LMI tracts only.

– click graphic for larger view.

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

Metro Situation & Outlook Reports Updated

Regional Demographic-Economic Modeling System (RDEMS) county table links are now embedded in Metro Situation & Outlook (S&O) Reports. Easily access the RDEMS county demographic-economic tables for metros of interest.

Use this link to access the Metro S&O Reports:
http://proximityone.com/metro_reports.htm
… click link in the “Code” column to access a specific metro.

… selected metros …
Atlanta .. Boston .. Charlotte .. Chicago .. Dallas .. Denver .. Los Angeles .. Honolulu .. Houston .. Miami .. Minneapolis .. New York .. Philadelphia .. Phoenix .. San Diego .. San Francisco .. Seattle .. Washington

All metros are available.

Join in … join us in the Data Analytics Lab sessions to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

Low & Moderate Income Area Analysis

GIS tools and data resources enable easier and more comprehensive mapping, geospatial and demographic analysis of census tract geography to examine low and moderate income (LMI) area pattern and characteristics.  Resources are reviewed in this section to analyze LMI data by census tract.  Though focused on LMI applications, the resources may be applied to a much broader set of census tract mapping and demographic-economic pattern analysis.

Low and moderate income designation is closely associated with implementation of the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA) and is widely used in many other applications as a measure of economic prosperity. The HUD Community Development Block Grant (CDBG) program seeks to expand economic opportunities for LMI areas. Of the 72,581 Census 2010 census tracts (U.S. and Puerto Rico), 5,588 are designated low income and 15,998 are designated as moderate income based on 2013 HMDA designations.

Use tools described in detail at http://proximityone.com/tractslmi.htm to analyze LMI areas of interest. Optionally set your own designations of LMI.

The following view shows a thematic pattern map of census tracts by low and moderate income status in the Houston, Texas area (red: low; orange: moderate). In this section we will review how, in just a few steps, you can develop maps like this one for your areas of interest, and others with further drill-down and labeling, using ProximtyOne no-fee resources. These resources enable national scale applications and include all Census 2010 census tracts.

We have integrated HMDA “Census 2013” data with American Community Survey demographic-economic data into a U.S. national scope shapefile. It has been made a part of a ready-to-use GIS project. See details and additional details.