Economic Dimension
Overview
The economic vitality and the economic characteristics of a neighborhood are critical quality of
life components. Often, variables look at household income measures, which can bias results
toward affluent neighborhoods. Instead, this analysis focused on change measures related to the
level of positive economic activity. Thus, a neighborhood may have modest median incomes, but
improvements in real estate, community reinvestment and income growth are signals of positive
economic trends. The economic dimension results are presented in Figure 12.
Analytical Variables
Homeowner Housing Costs as a Percentage of Income
Affordable Housing Access for Families Seeking
Housing Assistance
New Residential Building Permits
Percent Residential Addition Investments
Percent Change in Income
Percent of Tax Delinquent Residential Parcels
Results
Figure 12 shows a cluster of High Priority NSAs in the
Economic Dimension located north of S. Military
Highway. Other High Priority NSAs are dispersed
throughout the northern half of the city, with just three
located south of S. Military Highway.
November 2014
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