Housing Price Index by ZIP Code – How Housing Markets are Trending

.. housing prices can impact residential investment and affect economic growth, business opportunities and the housing market. The Housing Price Index (HPI) is one measure of how housing prices are changing. The HPI by ZIP code, as reviewed here, is an index based on the year 2000=100. Changing trends in the HPI can used used the determine the relative costs of housing and change in housing valuation. Hosing prices, and the HPI, are only one part of determining how housing markets are trending. Other measures important to examine include building permits and new construction.

Examining Housing Price Trends
Use the VDA Web GIS tool to examine the Housing Price Index for ZIP Codes of interest. Create maps and tabular profiles such as the one shown below.

Video of Steps to Explore HPI by ZIP Code
Click graphic to view video showing how to use VDA Web GIS to access a ZIP Code profile.

About VDA Web GIS
VDA Web GIS is a decision-making information resource designed to help stakeholders create and apply insight. VDA Web GIS has been developed and is maintained by Warren Glimpse, ProximityOne (Alexandria, VA) and Takashi Hamilton, Tsukasa Consulting (Osaka, Japan).

About the Housing Price Index
The Housing Price Index used here is developed by the Federal Housing Fiance Agency (FHFA). The FHFA House Price Index is the nation’s only public, freely available house price indexes that measure changes in single-family home values based on data from all states that extend back to the mid-1970s.

About the Author
Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and 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. Join Warren on LinkedIn.

New Monthly Residential Construction

.. staying ahead of how and where demographics are changing. Among all monthly new authorized residential construction permit issuing cities/places, Raleigh, NC led the U.S. with 1,749 total units followed by Austin, TX with 1,563 total units in February 2021. See more about this leading economic indicator for cities/places using interactive table below. Data on housing patterns and trends are essential for wide-ranging decision-making applications. Using ProximityOne resources to examine housing characteristics and trends ..

We post monthly and more frequent updates on what New Authorized Residential Construction data are telling us. The March 2021 city/county data will be released this week. Access the latest data for your areas of interest. Click the Follow button at right to keep up-to-date.

Monthly New Authorized Residential Construction
ProximityOne maintains a national monthly time-series database providing access to new authorized residential construction data.  The table presented below summaries key subject matter items available at the city and county level.. These data are one of eleven leading economic indicators. The housing market is often one of the first economic sectors to expand or contract when economic conditions improve or decline. With only a one month lag from reference data to availability date, these measures are early indicators of housing market change. This change typically leads to other types of economic change.

Patterns of New Residential Construction: February 2021; Phoenix Area
Using GIS tools to examine new authorized residential construction .. as an example, the following graphic shows that the City of Phoenix had 1,373 new authorized total units in February 2021. Cities/places shown with black outline.

View Most Month in Tabular Form
Use the interactive table to view these data in a tabular form as shown below.

Scope of Subject Matter
The database is updated monthly and contains monthly and annual data. The scope of subject matter is illustrated as shown below — the number of new units authorized and value by type of structure for Fresno County, CA.

Learn more — Join me in the Data Analytics Web Sessions
Join me in a Accessing & Using GeoDemographics Web Session where we discuss topics relating to measuring and interpreting the where, what, when, how and how much demographic-economic change is occurring and it’s impact.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and 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.

Housing Value Appreciation

.. U.S. housing prices rose nationwide in August, up 1.5% from the previous month, based on the FHFA Housing Price Index (HPI). Housing prices rose 8.0% from August 2019 to August 2020.

If you purchased a housing unit in 2019Q2 at $260,200 (the ACS 2019 median housing value), the value of the unit in 2020Q2 would be $271,000, an increase of 4.2%. A good deal in this era of low interest rates.

U.S. housing prices posted a strong increase in August .. the 1.5% increase is the largest one-month price increase observed since the start of the HPI measurement in 1991. This large month-over-month gain contributes to an already strong increase in prices over the summer. These price gains can be attributed to the historically low interest rates, rebounding housing demand and continued supply constraints.

The HPI has various limitations as a measure to assess the housing market. One important limitation is that it a measure in isolation; other related demographic-economic measures are not included. This is unlike the American Community Survey (ACS) estimates of the median housing value ($MHV), used as an annual, year-over-year measure of housing value appreciation.

Median Housing Value
The U.S. ACS 1-year estimate of median housing value ($MHV) increased from $229,700 in 2018 to $240,500 in 2019. The ACS 2020 estimate, which will be impacted by the pandemic, will not be available until September 2021. The ProximityOne 2020 estimate of $MHV is $270,500.

Click this API link to view a CSV-like file showing the 2019 median household income and median housing value by state. Join me in a Data Analytics Web Session (see below) to integrate these data into a map view like shown below. Add other data.

Patterns of Median Housing Value by State

– view developed using ProximityOne CV XE GIS
– click graphic for larger view

An advantage of using the ACS or ACS-like $MHV data is that this measure is synchronized with other related measures, like total population, total housing units, housing units by tenure and age built and so on. Though a popular measure to assess geographically comparable housing values, the $MHV has many limitations. A key limitation is that few survey responders really know the value of their home. Other limitations have to do with the definition itself and how the data are collected/developed. ACS $MHV measures value of only occupied housing units and excludes houses on 10 or more acres and housing units in multi-unit structures. See more. While there are other Federal sources of $MHV, it remains that the usabilty aspects of the ACS or ACS-like measures are second to none.

Learn more — Join me in the Situation & Outlook Web Sessions
Join me in a Situation & Outlook Web Session where we discuss topics relating to measuring and interpreting the where, what, when, how and how much demographic-economic change is occurring and it’s impact.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and 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.

Tip of the Day – Examining Median Housing Value – 2020 Update

.. tip of the day .. a continuing weekly or more frequent tip on developing, integrating, accessing and using geographic, demographic, economic and statistical data. Join in .. tip of the day posts are added to the Data Analytics Blog on an irregular basis, normally weekly. Follow the blog to receive updates as they occur.

.. in this era of uncertainly, we ponder the risk and opportunity associated with changing housing value.  Median housing value by ZIP Code area is one metric of great interest to examine levels and change.  While only one measure useful to examine housing characteristics, it is part of a broader set of demographic-economic data that enable analysis of the housing infrastructure and change in a more wholistic manner. How is housing value trending at the neighborhood level in 2020 and beyond? See more about the Situation & Outlook.

.. 5 ways to access/analyze the most recent estimates of median housing value and other subject matter by ZIP Code area .. based on the American Community Survey (ACS) 5-year estimates. See related Web section.

Option 1. View the data as a thematic pattern map
Option 1 is presented as Option 1A (using CV XE GIS) and Option 1B (using Visual Data Analytics VDA Mapserver). See more about GIS.

Option 1A. View $MHV as a thematic pattern map; using CV XE GIS:
— Median Housing Value by ZIP Code Area; Los Angeles Area
Click graphic for larger view with more detail.

Click graphic for larger view.
Use the Mapping ZIP Code Demographics resources to develop similar views anywhere in U.S.

Option 1B. View $MHV (ACS 2018) as a thematic pattern map; using VDA Mapserver:
— Median Housing Value by ZIP Code Area; Phoenix/Scottsdale, AZ area
Click graphic for larger view with more detail.

Click graphic for larger view. Expand window to full screen for best quality view. View features:
– profile of ZIP 85258 (blue crosshatch highlight) shown in Attributes panel at left
– values-colors shown in Legend panel at left
– transparency setting allows “see through” to view ground topology below.
Use VDA Mapserver: to develop similar views anywhere in U.S. using only a browser. Nothing to install.

Option 2. Use the interactive table:
– go to http://proximityone.com/zip18dp4.htm (5-year estimates)
– median housing value is item H089; see item list above interactive table.
– scroll left on the table until H089 appears in the header column.
– that column shows the 2018 ACS H089 estimate for for all ZIP codes.
– click column header to sort; click again to sort other direction.
– see usage notes below table.

Option 3. Use the API operation:
– develop file containing $MHV for all ZIP code areas in U.S.
– load into Excel, other software; link with other data.
– median housing value ($MHV) is item B25077_001E.
– click this link to get B25077_001E ($MHV) using the API tool.
– this API call retrieves U.S. national scope data.
– a new page displays showing a line/row for each ZIP code.
– median housing value appears on the left, then ZIP code.
– optionally save this file and import the data into a preferred program.
– more about API tools.
Extending option 3 … accessing race, origin and $MHV for each ZIP code …
click on these example APIs to access data for all ZIP codes
.. get extended subject matter for all ZIP codes
.. get extended subject matter for two selected ZIP codes (64112 and 65201)

Items used in these API calls:
.. B01003_001E – Total population
Age
.. B01001_011E — Male: 25 to 29 years (illustrating age cohort access)
.. B01001_035E — Female: 25 to 29 years (illustrating age cohort access)
Race/Origin
.. B02001_002E – White alone
.. B02001_003E – Black or African American alone
.. B02001_004E – American Indian and Alaska Native alone
.. B02001_005E – Asian alone
.. B02001_006E – Native Hawaiian and Other Pacific Islander alone
.. B02001_007E – Some other race alone
.. B02001_008E – Two or more races
.. B03001_003E – Hispanic (of any race)
Income
.. B19013_001E – Median household income ($)
.. B19113_001E – Median family income ($)
Housing & Households
.. B25001_001E – Total housing units
.. B25002_002E – Occupied housing units (households)
.. B19001_017E — Households with household income $200,000 or more
.. B25003_002E — Owner Occupied housing units
.. B25075_023E — Housing units value $500,000 to $749,999
.. B25075_024E — Housing units with value $750,000 to $999,999
.. B25075_025E — Housing units with value $1,000,000 or more
.. B25002_003E – Vacant housing units
.. B25077_001E – Median housing value ($) – owner occupied units
.. B25064_001E – Median gross rent ($) – renter occupied units

View additional subject matter options.

Option 4. View the $MHV in context of other attributes for a ZIP code.
Using – ACS demographic-economic profiles. Example for ZIP 85258:
– General Demographics ACS 2018 .. ACS 2017
– Social Characteristics ACS 2018 .. ACS 2017
– Economic Characteristics ACS 2018 .. ACS 2017
– Housing Characteristics ACS 2018 .. ACS 2017 .. $MHV shown in this profile.

Option 5. View 5- and 10-mile circular area profile from ZIP center.
– profile for ZIP 80204 dynamically made using SiteReport tool.
– with SiteReport running, enter the ZIP code, radii and click Run.
– comparative analysis report is generated in HTML and Excel structure.
– Click this link to view resulting profile.
– from the profile, site 2 is 1.9 times the population of site 1.
– Site 1 $MHV is $296,998 compared to Site 2 $MHV $269,734.
– GIS view with integrated radius shown below.

This section is focused on median housing value and ZIP code areas. Many other subject matter items will be apparent when these methods are used. Optionally adjust above details to view different subject matter for ZIP codes.

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.

America’s Cities: Situation & Outlook

.. the path forward .. planning for the future .. in April 2019, the employment in Houston, TX was 1,111,283 with an unemployment rate of 3.2%. In April 2020, the employment in Houston, TX was 927,105 with an unemployment rate of 14.9%. What will the 2020 annual look like? 2021? There are many paths to get to 2021 and beyond. What policy and action measures might work best? What about your cities of interest? See the related Web section for more details.

Houston characteristics: Demographic .. Social .. Economic .. Housing
Get for any city/area .. e-mail your request

The pandemic impacts on America’s cities in different ways .. some experiencing little change, others with massive change. When, where and how will these disparate patterns change in cities and communities of interest? How might this change impact you and your community? A comprehensive plan needs to be developed and set in motion to achieve best outcomes. This section provides access to tools and data that stakeholders can use to examine America’s cities demographic-economic characteristics and trends. Examine cities of interest. Use ProximityOne data, tools, methods and advisory services to achieve improved results.

Of the nation’s 327.2 million people, an estimated 206.0 million (62.9%) live within an incorporated place. Of approximately 19,500 incorporated places, about 76 percent had fewer than 5,000 people and nearly 50 percent had fewer than 1,000 people. Examine characteristics of individual city population trends and compare cities in states, regions and peer groups using the interactive table below.

Patterns of Economic Prosperity; Cities 50,000 Population or More
The following view shows cities with 2019 population of 50,000 or more as markers .. mainly principal cities of metropolitan statistical areas (MSAs). Nationally, there are 69 cities with 2019 population of 5,000 or more (determine using interactive table below). The marker color shows the median household income; see inset legend. Click graphic for larger view; expand window to full screen.

– View developed using the ProximityOne CV XE GIS software.

Patterns of Economic Prosperity; Cities 5,000 Population or More
– zoom-in to Dallas Metro
The following view shows cities with 2019 population of 5,000 or more as polygons/city boundary-area in the Dallas metro area. There are 201 cities that intersect with the Dallas metro (code 19100); 96 of these cities have a population greater than 5,000 (determine using interactive table below). The color patterns show the median household income range; see inset legend. Click graphic for larger view; expand window to full screen.

Patterns of Economic Prosperity by Neighborhood & Adjacent Areas
The following view shows patterns of median household income by block group (sub-neighborhoods) within city (bold black boundary) in the Dallas County, TX area. In examining the situation & outlook for a city it is important to examine characteristics of drill-down geography and adjacent cities/areas. Inset legend shows median household income color intervals. Click graphic for larger view; expand window to full screen. In the larger view, a cross-hatch pattern is applied to Dallas city. It is easier to see how Dallas city is comprised of a core area as well as outlying areas and extends into adjacent counties.

Interactive Analysis of Cities: Demographic-Economic Patterns & Trends
Use the interactive table to view, rank, compare cities based on demographic-economic trends and characteristics. The following static graphics provide two examples.

 

Largest 15 U.S. Cities Ranked on 2019 Population

California Cities Ranked on Educational Attainment

Learn more — Join me in the Situation & Outlook Web Sessions
Join me in a Situation & Outlook Web Session where we discuss topics relating to measuring and interpreting the where, what, when, how and how much demographic-economic change is occurring and it’s impact.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and 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.

Census 2020 Residential Address Counts by Block

.. using Census 2020 residential address count data to examine change since 2010 .. the Census Bureau has released preliminary Census 2020 residential address counts by Census 2010 census block. These data, count of residential addresses and group quarters addresses, reflect updates as of October 2019 and do not represent final Census 2020 counts. The data will continue to be updated to support Census 2020. See related Web section with more detail and updates.

Importance and Use
These data are of immediate value in determining and analyzing how the number of housing units have changed, 2010 to 2019. Since the data are at the census block level, they may be aggregated to any other Census-defined summary level/type of geographic area such as block group, tract, ZIP code, city, county, school district, etc. These data are also important as they give us a “year in advance look” at how small area demographics are changing since 2010. Before this, the most recent census block data were from Census 2010. A lot has happened in many areas. These data provide insights into that change. The Census 2020 block level data will be released in early 2021 for Census 2020 census block geography. So, another important feature of these data is that they are summarized for Census 2010 census block boundaries. Census 2010 and 2020 block boundaries may differ, particularly in areas experiencing larger demographic growth/change. An important limitation is that they are counts, subject to change as the Census data are collected/tabulated.

Comparing Census 2010 Housing Units with Census 2020 Address Counts
The following graphic shows patterns of Census 2010 housing counts with the Census 2020 (late 2019 vintage) residential address counts by census block. This view is focused on census tract 3608100700 (tract 000700) in Queens County, NY (code shown near center of graphic). Individual blocks are labeled with block code (4 digits) with the Census 2010 housing units (yellow label) and Census 2020 residential address count (green label) shown below the block code. As an example, the block located at the pointer has block code 3006 (or full national scope unique block code 36-081-00700-3006) with a Census 2010 count 44 housing units and a Census 2020 (late 2019 count) of 232 residential addresses. Click graphic for larger view. Expand browser window to full screen for best quality view.

.. view created with ProximityOne CV XE GIS software and related GIS project.

More About Using these Data
We have summarized these data at the census tract level and are evaluating their use, in combination with other data, to develop current estimates and projections to 2025.

Data Analytics Web Sessions
Join me in a Demographics 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.

American Community Survey 2018: Geography & Access

.. there are 519 core-Based Statistical Areas (metros & micros) included as American Community Survey (ACS) 2018 tabulation areas. 2018 demographic-economic estimates are included for these and many other types of political/statistical areas — the subject of this section. This is the first in a series of posts about accessing, integrating and using the ACS 2018 data. Learn more about effective ways to use these and related data. See the main web section for more detail and access to the interactive table. The release date for the ACS 2018 data is September 26, 2019.

ACS 2018 1-year Tabulation Areas: 519 Core-Based Statistical Areas
— MSAs and MISAs

– view developed using ProximityOne CV XE GIS and related GIS project.
– geospatial analyze ACS 2018 1 year estimates integrated with your data to examine patterns; gain insights.

The 2018 American Community Survey (ACS 2018 main) is a nationwide survey designed to provide annually updated demographic-economic data for national and sub-national geography. ACS provides a wide range of important data about people and housing for every community across the nation. The results are used by everyone from planners to retailers to homebuilders and issue stakeholders like you. ACS is a primary source of local data for most of the 40 topics it covers, such as income, education, occupation, language and housing.

Determining What Data are Tabulated
The graphics below illustrate 1) the scroll section that lists the types of tabulation areas (summary levels) and 2) use of the interactive table to display a selection of CBSAs/metros (summary level 310).

ACS 2018 1-Year Summary Levels
The scroll section (see in web page) shows the summary level code (left column), part or component if applicable and summary level name.

ACS 2018 1-Year Estimates — Areas Published — Interactive Table
The interactive table (click link to view actual interactive table) enables you to list the geographic areas tabulated. This graphic shows CBSAs (MSAs and MISAs) tabulated. GeoID1 shows the unique tabulation area geocode for an area among all areas. GeoID1 inlcudes the summary level (first 3 characters), followed by state FIPS code where applicable, ‘US’ and finally the geocode for the specific area.

Demographic-Economic Analytics Web Sessions
Join me in a Demographics 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.

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.

State of the States: 2019

.. the State of the States reports and information service provide insights into demographic, economic & business characteristics.  Unique in their composition,  updated daily/weekly, the reports summarize what’s changing where & when and assessing what’s ahead. It organizes disparate Federal statistical data and presents those data in an organized, consumable manner. A resource to help determine how change might affect you, it is an indispensable resource for investors, leaders, policymakers, researchers and decision-makers. See State of the States main section for more information.  Your briefing notes, organized by state.

Some details .. the U.S. economy is slowing, dragged down by trade tensions and weak growth overseas. But there are few signs that the decade-long expansion is on the verge of stalling out. Real Gross Domestic Product (RGDP), the broadest measure of goods and services produced in the economy, rose at a 2.1 percent annual rate in 2019Q2, down from 3.1 percent in 2019Q1, according to preliminary data released by the Bureau of Economic Analysis on 7/26/19.

But what about the states, and what about related measures? In Texas, the 2019Q1 change from 2018Q4 was 5.1 percent annual rate. Texas ranked 2nd among all states. The 2019Q2 state GDP will be posted in section 6.5 on Nov. 7, 2019 (see in scheduled updates). How does Texas compare to other states and the U.S.  Answers are organized in the reports.  Create insights. Share with others.

Part of a multi-dimensional information resource, the state of the states report has been derived from the Situation & Outlook (S&O) database, updated daily. ProximityOne uses the historical S&O database to develop current demographic-economic estimate and projections.

View the U.S. or a State Report .. click a link
.. illustrative reports .. see more about report structure & options in report.
United States
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin

Demographic Analytics Web Sessions
Join me in a Demographics 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.

County Housing Patterns & Trends

.. at a time when “housing costs are going through the roof” and “affordable housing” are topics widely in play, current housing data at the county level are essential for business and public policy planning. In this section, new Census Bureau U.S. by county 2018 housing unit estimates are viewed .. and tools to access and use these data.

Patterns of Housing Unit Percent Change by County: 2010-2018
The graphic below shows patterns of county housing unit percent change from 2010 to 2018. Click graphic for larger view showing more detail.

– view developed using CV XE GIS software and associated GIS project.
– create similar maps for counties/areas using CV XE GIS & associated GIS project.

This section reviews the new 2018 county housing unit estimates (released May 2019) and tools and applications to analyze them. See more about topics covered here in this related Web section.

The U.S. housing stock grew by more than 1.15 million from 2017 to 2018, reaching over 138.5 million units. The growth rate of 0.8 percent from 2017 to 2018. The national housing stock increased by 6.7 million units (5.1 percent) between 7/1/2010 and 7/1/2018. But housing stock change was far from even as shown in the graphic presented above.

Total housing units are the “tip of the iceberg” to examine housing market characteristics. Yet, there are no other Federal statistical data for any other housing attribute for every county more recent than circa mid-2015. Those data are from the American Community Survey 5-year estimates for the period 2013-2017 — data going on 4 years old. For example, there are no Federal statistical data for all counties for the 2018 number of households or vacant units … let alone measures that would enable computing the size and location of affordable housing, one of many important housing market attributes. Use related 2018 and projected housing market data developed by ProximityOne available as part of the Situation & Outlook demographic-economic estimates and projections. Examine these data in context with other geographic and market characteristics in the metro Situation & Outlook reports.

Using the Interactive Table
Use the interactive table to view, rank, compare states and counties based on number of units annually 2010 to 2018 and related measures. Compare counties among metros or states .. or peer groups based on size. Here are two examples of using the table.

Largest Counties based on 2018 Housing Units
.. ranked on 2018 housing units .. click for larger view

Counties with 10,000 or more 2018 Housing Units
.. ranked on percent change 2010-2018 .. click for larger view

Data Analytics Web Sessions
See these applications live/demoed. Run the applications on your own computer.
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.