Tag Archives: zip code housing value

Accessing & Using ZIP Code Demographics

.. 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.

… February 2017 updates .. 5 ways to access/analyze the most recent estimates of median housing value and other subject matter by ZIP Code area .. updates on accessing/downloading/using American Community Survey (ACS1115) 5-year estimates. See more detail in related Web section.

Site analysis (Option 5 below)
– create site analysis profiles from a location/ZIP code.

Contents
Five data access and use options, listed in the links below, are reviewed. Each method illustrates how ZIP code demographic-economic data can be accessed/ analyzed/used in different contexts. The most basic data access/data download is illustrated in Option 3. The following links open new windows that take you to the related section with more detail.
Option 1 – View the data as a thematic pattern map.
Option 2 – View, compare, rank query data in interactive tables.
Option 3 – Access data using API Tools; create datasets.
.. Option 3a – Extended ZIP Code subject matter access.
.. Option 3b – ZIP code urban/rural data access.
.. Option 3c – Additional API ACS data access resources.
Option 4 – View $MHI in structured profile in context of related data.
Option 5 – Site analysis – view circular area profile from a location.

Related ZIP Code Data Access & Use sections
Interactive access to demographics based on an address
Summary of ZIP Code Data Resources & Tools
10 Reasons to use Census Tracts Versus ZIP Codes
Analyzing Census Tract Demographics by ZIP Code Area
ZIP Code to Census Tract Equivalence Table
ZIP Code Urban/Rural Geography & Demographics
Mapping ZIP Code Demograhics
Housing Price Index by 5-digit ZIP Code – time series; annual updates
Housing Price Index by 3-digit ZIP Code – time series; quarterly updates
ZIP Code Business Establishment, Employment & Earnings by industry
ZIP Code Retail Trade Establishment & Sales by industry
ZIP Code Equivalence Tables — ZIP Code to School District

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.

Housing Value Appreciation by 3-Digit ZIP Code: 2015Q3-2016Q3

.. tools, data and methods to examine housing value appreciation from 2015Q3 to 2016Q3 by 3-digit ZIP code based on the Housing Price Index (HPI).  How is the housing value changing in areas of interest?  How does housing value appreciation compare among a set of ZIP codes? Which ZIP code areas have the highest and lowest housing value appreciation in a state, region custom defined areas of interest? The HPI is calculated in part using home sales price information from Fannie Mae- and Freddie Mac-acquired mortgages. The U.S. all transactions HPI rose 5.6 percent from the 3rd quarter of 2015 to the 3rd quarter of 2016. Rank, compare, evaluate quarterly or annual housing value change for the approximate 900 3-digit ZIP code areas using the interactive table.

3-Digit ZIP Codes with Highest Housing Value Appreciation
Derived from the interactive table below this table shows the ten 3-digit ZIP codes having the highest housing value appreciation over the year 2015Q3-2016Q3. The areas are ranked on percent HPI change (rightmost column).

Gaining Insights in Housing Prices, Conditions & Markets
.. data, tools and methods to assess characteristics, patterns & trends
.. weekly Housing Data Analytics Lab sessions

Patterns of Housing Value Change by 3-Digit ZIP Code
The following graphic shows housing value appreciation 2015Q3-2016Q3 by 3-digit ZIP code based on the HPI. Use related GIS tools to zoom-in, assign labels, show in context with other geography.

– view developed using CVGIS and related GIS project.
– Click graphic for larger view and details;

Examining Housing Appreciation by 3-Digit ZIP Code
Use the interactive table below to view/rank/compare the non-seasonally adjusted “all transactions” HPI for the most recent 5 quarters for all 3-digit ZIP codes. The ranking table shows the latest quarterly HPI data and preceding quarters for one year earlier. This table will be updated on February 24, 2017, with 4th quarter 2016 data and related prior quarterly estimates and re-computed quarterly change values (last column).

Using the Interactive Table
The following graphic illustrates use of the HPI by 3-digit ZIP code interactive table. HPI data are shown for the quarterly period 2015Q3 through 2016Q3. The state selection below the table has been used to select only California ZIP codes. The Group1 button below the table has been used to select ZIP codes with a 2016Q3 HPI value of 175 ore more. The table is then sorted on the rightmost column. The resulting view shows that among all California 3-digit ZIPs having an HPI of 175 or more in 2016Q3, ZIP code 948/Richmond CA had the highest housing value appreciation — a 10.6% increase over the year.

Use the interactive table to examine states or ZIP code groups of interest.

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.

Tip of the Day – Median Housing Value by ZIP Code

.. 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.

.. 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 (ACS1014) 5-year estimates. See related Web section.

Option 1. View the data as a thematic pattern map; use the GIS tools:
— Median Housing Value by ZIP Code Area; Los Angeles Area
Click graphic for larger view with more detail.

View developed with CV XE GIS software. Click graphic for larger view.
Use the Mapping ZIP Code Demographics resources to develop similar views anywhere in U.S.

Option 2. Use the interactive table:
– go to http://proximityone.com/zip14dp4.htm (5-year estimates)
– median housing value is item H088; see item list above interactive table.
– scroll left on the table until H088 appears in the header column.
– that column shows the 2014 ACS H088 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.
click this link to select a ZIP code of interest.
– for example, this link shows a profile for 80204 (Denver area).
– when the report displays, scroll down in table to housing value section.

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.

Mapping ZIP Code Demographics

.. there are 26 ZIP codes in the U.S. that have a median housing value in excess of $950 thousand .. find out about the demographics for your ZIP codes of interest .. view ZIP code areas and demographics in context of other geography.

Create custom thematic pattern ZIP code area maps for any area in the U.S. using tools and data described in this section. Use the no fee CV XE GIS software with the associated no fee ZIP Code demographics GIS project and datasets to develop maps for areas of interest. This section provides an overview. See related Web section for step-by-step instructions to get started. These tools and data are not demos. The software and datasets are accompanied by an interactive table in this section. Use the interactive table to view, compare, contrast, rank or query ZIP code areas and associated demographic-economic characteristics. More about ZIP Code areas and data resources.

Median Household Income by ZIP Code Area; Los Angeles Area
Larger view illustrates ZIP code area labeling and use of mini-profile feature

View developed with CV XE GIS software. Click graphic for larger view.

Where are ZIP code areas that meet a certain criteria? The next graphic illustrates use of the tools to develop a 48-state zoom-out view showing ZIP code areas with two selected income intervals.

View developed with CV XE GIS software. Click graphic for larger view.

ZIP Code Demographic-Economic Characteristics — Interactive Table
Use the interactive table in related Web section to view ZIP code characteristics in an interactive tabular format. The following graphic illustrates use of the table to rank ZIP codes in descending order on median housing value (rightmost column). Housing value estimates are top-coded at $1,000,001.

Click graphic for larger view.

Data Analytics Lab Session
Join me in a Data Analytics Lab session. There is no fee. Discuss how tools and methods reviewed in this section can be applied to your situation.

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.

Economic Prosperity by ZIP Code Area

Based on the American Community Survey 2013 5-year estimates (ACS0913), ten ZIP Code Areas had a median household income of $250,000 or more during 2009-13. These data were released in December 2014 and will be the most current measure until updated in December 2015. See the list of all ZIP codes showing median household and related measures in this related Web table.

This section reviews measures of economic prosperity for all ZIP code areas. Use the interactive table to view, rank, compare and query ZIP code attributes.

Examining demographic-economic characteristics by ZIP code is important for several reasons. We are familiar with our own ZIP codes as a geographic location. We tend to be interested in our area compared to other areas. ZIP code area provide an easy way to do that. Also, many secondary data resources (such as those reviewed here) are tabulated by ZIP code area; some only by ZIP code area. See more about ZIP Code areas.

Top 100 ZIP Code Areas Based on Median Household Income
The following graphic shows locations of the ZIP code areas with the highest median household income.

View developed with CV XE GIS software. Click graphic for larger view.

Additional views: (click link)
ZIP 77010 — Houston — in context of ZIP code boundary (red boundary)
    and Open Street Maps.

Using the Interactive Table
The interactive table is located here. The following graphic illustrates use of the table. To rank ZIP codes for Illinois based on median household income, the following steps are used: 1. click ShowAll button (below interactive table), 2. select Illinois (dropdown below table), 3. click Median Household Income header to sort.

Resources &. Methods to Examine Small Area Demographics
Join us in the small are data focused one hour no fee Web session. Accessing, integrating and using multi-sourced data for small area geography.