LifeMode Group: Hometown 12A Family Foundationsdownloads.esri.com/esri_content_doc/dbl/us/... ·...

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TAPESTRY SEGMENTATION TM esri.com/tapestry Households: 1,299,600 Average Household Size: 2.71 Median Age: 39.6 Median Household Income: $43,100 LifeMode Group: Hometown Family Foundations WHO ARE WE? Family and faith are the cornerstones of life in these communities. Older children, still living at home, working toward financial independence, are common within these households. Neighborhoods are stable: little household growth has occurred for more than a decade. Many residents work in the health care industry or public administration across all levels of government. Style is important to these consumers, who spend on clothing for themselves and their children, as well as on smartphones. OUR NEIGHBORHOOD Family Foundations residents are a mix of married couples, single parents, grandparents, and children, young and adult. • Average household size is slightly higher at 2.71. • Neighborhoods are found in principal cities of major metropolitan areas throughout the South and West. • More than two-thirds are homeowners living in single family houses built before 1970. • Nearly three-fourths of all households have one or two vehicles at their disposal; average commute time is slightly higher. SOCIOECONOMIC TRAITS • More than half have either attended college or obtained a degree; one-third have only finished high school. • Unemployment rate is high at 10% (Index 191); labor force participation rate is slightly lower at 58% as workers begin to retire. • Over one-third of households currently receive Social Security benefits; just under a quarter draw income from retirement accounts. • A strong focus is on religion and character. • Style and appearance is important. 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. 12A

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TAPESTRYSEGMENTATION

TM

esri.com/tapestry

Households: 1,299,600

Average Household Size: 2.71

Median Age: 39.6

Median Household Income: $43,100

LifeMode Group: Hometown

Family Foundations

WHO ARE WE?Family and faith are the cornerstones of life in these communities. Older children, still living at home, working toward financial independence, are common within these households. Neighborhoods are stable: little household growth has occurred for more than a decade. Many residents work in the health care industry or public administration across all levels of government. Style is important to these consumers, who spend on clothing for themselves and their children, as well as on smartphones.

OUR NEIGHBORHOOD• Family Foundations residents are a mix of married couples, single parents, grandparents, and children, young and adult.

• Average household size is slightly higher at 2.71.

• Neighborhoods are found in principal cities of major metropolitan areas throughout the South and West.

• More than two-thirds are homeowners living in single family houses built before 1970.

• Nearly three-fourths of all households have one or two vehicles at their disposal; average commute time is slightly higher.

SOCIOECONOMIC TRAITS• More than half have either attended college or obtained a degree; one-third have only finished high school.

• Unemployment rate is high at 10% (Index 191); labor force participation rate is slightly lower at 58% as workers begin to retire.

• Over one-third of households currently receive Social Security benefits; just under a quarter draw income from retirement accounts.

• A strong focus is on religion and character.

• Style and appearance is important.

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.

12A

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TAPESTRYSEGMENTATION

TM

esri.com/tapestry

LifeMode Group: Hometown

Family Foundations12A

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

$43,100

$63,600

$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000

EsriMedianHHIncome

EsriMedianNetWorth

Series2 Series1

$56,100

$93,300

$43,100

$63,600

$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

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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: 39.6 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: 43.5 US: 64.0

Hispanic*

Multiple

Other

Asian andPac. Islander

AmericanIndian

Black

White

$60,000

$50,000

$40,000

$30,000

$20,000

$10,000

0

50,000 100,000 150,000 200,000 250,000

*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+)

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70

67

71

73

69

64

67

70

0 50 100 150 200 250 300 350

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Own65.7%

Rent34.3%

ChartTitle

Own 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

3,567,500

0.3%

1000

Wealth Index

Socioeconomic Status Index

Housing Affordability Index

77

61

1741,361

HomeOwnershipUS Percentage:

62.7% Own 37.3% Rent

TAPESTRYSEGMENTATION

TM

esri.com/tapestry

MARKET PROFILE (Consumer preferences are estimated from data by GfK MRI)

• Baby and children’s products are the primary purchases made by Family Foundations residents.

• They shop at discount stores, such as Marshalls, KMart, dollar stores, and take advantage of savings at Sam’s Club.

• Many have no financial investments or retirement savings.

• Magazines, particularly focusing on health and children, are popular.

• They enjoy listening to urban format radio.

• One of their favorite entertainment sources is television: subscribe to premium cable channels and own 3–4 TVs.

• They’re connected, but use the Internet primarily for entertainment, chat rooms, and online gaming.

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: Hometown

Family Foundations12A

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:$116,600US Median: $207,300

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High

Low

TAPESTRYSEGMENTATION

TM

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SEGMENT DENSITYThis map illustrates the density and distribution of the Family Foundations Tapestry Segment by households.

LifeMode Group: Hometown

Family Foundations12A

For more information1-800-447-9778

[email protected]

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