LifeMode Group: Midtown Singles 11D Set to...

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TAPESTRY SEGMENTATION TM esri.com/tapestry Households: 1,714,100 Average Household Size: 2.12 Median Age: 33.9 Median Household Income: $32,800 LifeMode Group: Midtown Singles Set to Impress WHO ARE WE? Set to Impress is depicted by medium to large multiunit apartments with lower than average rents. These apartments are often nestled into neighborhoods with other businesses or single-family housing. Nearly one in three residents is 20 to 34 years old, and over half of the homes are single person and nonfamily households. Although many residents live alone, they preserve close connections with their family. Income levels are low; many work in food service while they are attending college. This group is always looking for a deal. They are very conscious of their image and seek to bolster their status with the latest fashion. Set to Impress residents are tapped into popular music and the local music scene. OUR NEIGHBORHOOD • Apartment complexes represented by multiple multiunit structures are often nestled in neighborhoods with either single-family homes or other businesses. • Renters make up nearly three quarters of all households. • They’re found mostly in urban areas, but also in suburbs. • Single-person households make up over 40% of all households. • It is easy enough to walk or bike to work for many residents. SOCIOECONOMIC TRAITS • Residents are better educated and mobile. • Unemployment is higher, although many are still enrolled in college (Index 141). • They always have an eye out for a sale and will stock up when the price is right. • They prefer name brands, but will buy generic when it is a better deal. • Quick meals on the run are a reality of life. • They’re image-conscious consumers that dress to impress and often make impulse buys. • They maintain close relationships with family. 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. 11D

Transcript of LifeMode Group: Midtown Singles 11D Set to...

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TAPESTRYSEGMENTATION

TM

esri.com/tapestry

Households: 1,714,100

Average Household Size: 2.12

Median Age: 33.9

Median Household Income: $32,800

LifeMode Group: Midtown Singles

Set to Impress

WHO ARE WE?Set to Impress is depicted by medium to large multiunit apartments with lower than average rents. These apartments are often nestled into neighborhoods with other businesses or single-family housing. Nearly one in three residents is 20 to 34 years old, and over half of the homes are single person and nonfamily households. Although many residents live alone, they preserve close connections with their family. Income levels are low; many work in food service while they are attending college. This group is always looking for a deal. They are very conscious of their image and seek to bolster their status with the latest fashion. Set to Impress residents are tapped into popular music and the local music scene.

OUR NEIGHBORHOOD• Apartment complexes represented by multiple multiunit structures are often nestled in neighborhoods with either single-family homes or other businesses.

• Renters make up nearly three quarters of all households.

• They’re found mostly in urban areas, but also in suburbs.

• Single-person households make up over 40% of all households.

• It is easy enough to walk or bike to work for many residents.

SOCIOECONOMIC TRAITS• Residents are better educated and mobile.

• Unemployment is higher, although many are still enrolled in college (Index 141).

• They always have an eye out for a sale and will stock up when the price is right.

• They prefer name brands, but will buy generic when it is a better deal.

• Quick meals on the run are a reality of life.

• They’re image-conscious consumers that dress to impress and often make impulse buys.

• They maintain close relationships with family.

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.

11D

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TAPESTRYSEGMENTATION

TM

esri.com/tapestry

LifeMode Group: Midtown Singles

Set to Impress11D

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

$32,800

$12,200

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

EsriMedianHHIncome

EsriMedianNetWorth

Series2 Series1

$56,100

$93,300

$32,800

$12,200

$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

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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: 33.9 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: 67.2 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.

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s

Workers (Age 16+)

61

61

59

59

53

57

64

53

55

0 50 100 150 200 250 300 350

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Own27.7%

Rent72.3%

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

3,794,800

0.6%

1000

Wealth Index

Socioeconomic Status Index

Housing Affordability Index

75

34

1202,733

HomeOwnershipUS Percentage:

62.7% Own 37.3% Rent

TAPESTRYSEGMENTATION

TM

esri.com/tapestry

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

• They listen to a variety of the latest music and download music online.

• Majority have cell phones only, no landlines.

• They use the Internet for social media, downloading video games, and watching TV programs.

• They own used, imported vehicles.

• Residents prefer shopping for bargains at Walmart, including discount stores like Kmart, Big Lots, and the local dollar store.

• They enjoy leisure activities including going to rock concerts, night clubs, and the zoo.

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: Midtown Singles

Set to Impress11D

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:Multi-Unit Rentals; Single Family

Average Rent:$787US Average: $1,038

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High

Low

TAPESTRYSEGMENTATION

TM

esri.com/tapestry

SEGMENT DENSITYThis map illustrates the density and distribution of the Set to Impress Tapestry Segment by households.

LifeMode Group: Midtown Singles

Set to Impress11D

For more information1-800-447-9778

[email protected]

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