Beruflich Dokumente
Kultur Dokumente
Industry Type:
Self Storage
I. Overview
II. Executive Summary
III. Market Profile
IV. Maps
A. Site
B. Satellite/Aerial
V. Reports
A Demographic
B Traffic
C Competition
D Leakage / Surplus
E Building Permits
F Real Estate Comparables
G Environmental Analysis
VI. XSite Report Index (XRI) – The Score
VII. Data Sources
VIII. Legal Disclaimer
A. PURPOSE
To meet the project objectives, standard report(s) were run for the <site/location(s)> being
analyzed. This report shows the distributions of the specific data and a base reference data to
develop a comparison. The report details which of the Industry Models are more or less likely to
contain households/market indicators similar to the base reference population or scorecard
2007 Population
Total Population 170,728
Male Population 48.0%
Female Population 52.0%
Median Age 42.9
2007 Income
Median HH Income $92,137
Per Capita Income $54,232
Average HH Income $131,865
2007 Households
Total Households 70,167
Average Household Size 2.41
1990-2000 Annual Rate 1.19%
2007 Housing
Owner Occupied Housing Units 66.9%
Renter Occupied Housing Units 27.3%
Vacant Housing Units 5.8%
Population
1990 Population 154,019
2000 Population 168,190
2007 Population 170,728
2012 Population 172,286
1990-2000 Annual Rate 0.88%
2000-2007 Annual Rate 0.24%
2007-2012 Annual Rate 0.18%
In the identified market area, the current year population is 170,728. In 2000, the Census count
in the market area was 168,190. The rate of change since 2000 was 0.24 percent annually. The
five-year projection for the population in the market area is 172,286, representing a
change of 0.18 percent annually from 2007 to 2012. Currently, the population is 48.0 percent
male and 52.0 percent female.
Households
1990 Households 60,353
2000 Households 67,935
2007 Households 70,167
2012 Households 71,337
1990-2000 Annual Rate 1.19%
2000-2007 Annual Rate 0.52%
2007-2012 Annual Rate 0.33%
The household count in this market area has changed from 67,935 in 2000
to 70,167 in the current year, a change of 0.52 percent annually.
The five-year projection of households is 71,337, a change of 0.33 percent
annually from the current year total. Average household size is
currently 2.41, compared to 2.45 in the year 2000. The number of families
in the current year is 46,038 in the market area.
Housing
Currently, 66.9 percent of the 74,455 housing units in the market area are
owner occupied; 27.3 percent, renter occupied; and 5.8 percent are
vacant. In 2000, there were 71,008 housing units— 67.8 percent owner
occupied, 27.9 percent renter occupied and 4.3 percent vacant. The
rate of change in housing units since 2000 is 0.66 percent. Median home
value in the market area is $319,196, compared to a median home
value of $192,285 for the U.S. In five years, median home value is
projected to change by 1.92 percent annually to $350,990. From 2000 to
the current year, median home value changed by 3.52 percent annually.
Households by Income
Current median household income is $92,137 in the market area, compared to $53,154 for all
U.S. households. Median household income is
projected to be $106,753 in five years. In 2000, median household income was $75,774,
compared to $60,446 in 1990.
Current average household income is $131,865 in this market area, compared to $73,126 for all
U.S. households. Average household income
is projected to be $160,030 in five years. In 2000, average household income was $106,732,
compared to $82,351 in 1990.
Current per capita income is $54,232 in the market area, compared to the U.S. per capita
income of $27,916. The per capita income is
projected to be $66,304 in five years. In 2000, the per capita income was $43,324, compared to
$32,275 in 1990.
Population by Employment
Currently, 93.9 percent of the civilian labor force in the identified market area is employed and
6.1 percent are unemployed. In comparison,
93.4 percent of the U.S. civilian labor force is employed, and 6.6 percent are unemployed. In five
years the rate of employment in the market
area will be 93.9 percent of the civilian labor force, and unemployment will be 6.1 percent. The
percentage of the U.S. civilian labor force that
will be employed in five years is 93.9 percent, and 6.1 percent will be unemployed. In 2000, 64.5
percent of the population aged 16 years or
older in the market area participated in the labor force, and 0.0 percent were in the Armed
Forces.
In the current year, the occupational distribution of the employed population is:
83.8 percent in white collar jobs (compared to 60.2 percent of U.S. employment) ·
8.0 percent in service jobs (compared to 16.5 percent of U.S. employment) ·
8.2 percent in blue collar jobs (compared to 23.3 percent of U.S. employment) ·
In 2000, 88.7 percent of the market area population drove alone to work, and 3.6 percent
worked at home. The average travel time to work in
2000 was 26.0 minutes in the market area, compared to the U.S. average of 25.5 minutes.
Population by Education
In 2000, the educational attainment of the population aged 25 years or older in the market area
was distributed as follows:
7.5 percent had not earned a high school diploma (19.6 percent in the U.S.) ·
14.4 percent were high school graduates only (28.6 percent in the U.S.) ·
5.4 percent had completed an Associate degree (6.3 percent in the U.S.) ·
28.8 percent had a Bachelor’s degree (15.5 percent in the U.S.) ·
25.3 percent had earned a Master’s/Professional/Doctorate Degree (8.9 percent in the U.S.)
Date: 01/25/08
Lat: 42.523067 Long: -83.347733
Current Geography Selection: 5 mile
City: Farmington Hills Pop: 82,213
radius: 32255 NORTHWESTERN HWY,
Zip: 48334 Pop: 17,309
FARMINGTN HLS, MI 48334
Current Index Base: Entire US
Summary
Demographics
2007 Population 109,384
Self Storage
Data Note:
Supply (retail sales) estimates sales to consumers by establishments. Sales to businesses are excluded.
Demand (retail potential) estimates the expected amount spent by consumers at retail establishments.
Supply and demand estimates are in current dollars. The Leakage/Surplus Factor presents a snapshot of
retail opportunity. This is a measure of the relationship between supply and demand that ranges from
+100 (total leakage) to -100 (total surplus). A positive value represents ‘leakage’ of retail opportunity
outside the trade area. A negative value represents a surplus of retail sales, a market where customers
are drawn in from outside the trade area. The Retail Gap represents the difference between Retail
Potential and Retail Sales. ESRI uses the North American Industry Classification System (NAICS) to
classify businesses by their primary type of economic activity. Retail establishments are classified into 27
industry groups in the Retail Trade sector, as well as four industry groups within the Food Services &
Drinking Establishments subsector
SAMPLE
SAMPLE
The X Site Scorecard is a synthesis of Data. The Data is Aggregated and Indexed to provide an instant assessment of a
location. The assessment, or score, is weighted by the variables that pertain to the specific Industry Type or suggested
intended use of the site. The Site <SiteName><Address> has graded as “B+” that suggest that this property is being
<high> value for <> intended use and can be recommended for loan landing.
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