If you own a real estate company, you will want to locate your new offices in areas with higher property values. These criteria will help you select such areas and enable you to avoid others with lower values. The presence of mobile homes usually indicates lower property values. Most people who own homes are in this age category. A higher number indicates a wealthier population as people can afford to buy their houses.
Vacant housing indicates run-down areas with low property values.
The higher the value, the better the quality of housing and the better off is the population, which means it can spend more when purchasing housing. This project file has criteria that rate places based on an evaluation of their social attractiveness. Such criteria often influence businesses because they know that when they hire new employees, such as college graduates, their employees will be attracted to work for companies located in socially desirable areas. This project file has criteria that rate places based on a combination of all the fields listed above. In creating these ratings, every state was ranked according to data from the US Census.