Embed Size (px)
Citation preview
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
Households: 3,024,200
Average Household Size: 2.52
Median Age: 48.0
Median Household Income: $75,000
LifeMode Group: GenXurban
Comfortable Empty Nesters
WHO ARE WE?Residents in this large, growing segment are older, with nearly half of all householders aged 55 or older; many still live in the suburbs where they grew up. Most are professionals working in government, health care, or manufacturing. These Baby Boomers are earning a comfortable living and benefitting from years of prudent investing and saving. Their net worth is well above average (Index 314). Many are enjoying the transition from child rearing to retirement. They value their health and financial well-being.
OUR NEIGHBORHOOD• Married couples, some with children, but most without (Index 149).
• Average household size slightly higher at 2.52.
• Found throughout the suburbs and small towns of metropolitan areas, where most residents own and live in single-family detached homes (Index 142).
• Most homes built between 1950 and 1990 (Index 131).
• Households generally have one or two vehicles.
SOCIOECONOMIC TRAITS• Education: 36% college graduates; nearly 68% with some college education.
• Low unemployment at 4%; average labor force participation at 61%.
• Most households income from wages or salaries, but a third also draw income from investments (Index 150) and retirement (Index 159).
• Comfortable Empty Nesters residents physically and financially active.
• Prefer eating at home instead of dining out.
• Home maintenance a priority among these homeowners.
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.
5A
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
LifeMode Group: GenXurban
Comfortable Empty Nesters5A
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
$75,000
$293,000
$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000
EsriMedianHHIncome
EsriMedianNetWorth
Series2 Series1
$56,100
$93,300
$75,000
$293,000
$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
Other
0.0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%4.0%4.5%
MaleAge0-4
MaleAge5-9
MaleAge10-14
MaleAge15-19
MaleAge20-24
MaleAge25-29
MaleAge30-34
MaleAge35-39
MaleAge40-44
MaleAge45-49
MaleAge50-54
MaleAge55-59
MaleAge60-64
MaleAge65-69
MaleAge70-74
MaleAge75-79
MaleAge80-84
MaleAge85+
AgebySex- Male
Series2 Series1
0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0%
FemaleAge0-4
FemaleAge5-9
FemaleAge10-14
FemaleAge15-19
FemaleAge20-24
FemaleAge25-29
FemaleAge30-34
FemaleAge35-39
FemaleAge40-44
FemaleAge45-49
FemaleAge50-54
FemaleAge55-59
FemaleAge60-64
FemaleAge65-69
FemaleAge70-74
FemaleAge75-79
FemaleAge80-84
FemaleAge85+
ChartTitle
Series2 Series1
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: 48.0 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: 33.0 US: 64.0
Hispanic*
Multiple
Other
Asian andPac. Islander
AmericanIndian
Black
White
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
0
100,000 20 300,000 6 500,000
*Hispanic Can Be of Any Race.
0 20% 40% 60% 80% 100%
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+)
110
108
109
110
119
113
114
115
116
0 50 100 150 200 250 300 350
Own86.9%
Rent13.1%
ChartTitle
Own Rent
HomeOwnershipUS Percentage:
62.7% Own 37.3% 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
7,702,700
0.5%
282
1000
Wealth Index
Socioeconomic Status Index
Housing Affordability Index
173
132
172
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
MARKET PROFILE (Consumer preferences are estimated from data by GfK MRI)
• Residents enjoy listening to sports radio or watching sports on television.
• Physically active, they play golf, ski, ride bicycles, and work out regularly.
• Spending a lot of time online isn’t a priority, so most own older home computers.
• Financial portfolio includes stocks, certificates of deposit, mutual funds, and real estate.
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: GenXurban
Comfortable Empty Nesters5A
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:$203,400US Median: $207,300
High
Low
TAPESTRYSEGMENTATION
TM
esri.com/tapestry
SEGMENT DENSITYThis map illustrates the density and distribution of the Comfortable Empty Nesters Tapestry Segment by households.
LifeMode Group: GenXurban
Comfortable Empty Nesters5A
For more information1-800-447-9778
Copyright © 2020 Esri. All rights reserved. Esri, the Esri globe logo, Tapestry, @esri.com, and esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Community, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.
G826513ESRI2C1/20ms
