Economic Dimension
Homeowner Housing Costs as a Percentage of Income
– The median percentage of
homeowner housing costs as a percentage of household income.
2012 American Community Survey data on median homeowner housing costs as a percentage of
income was collected for census block groups in Chesapeake.
Source: U.S. Census Bureau, American Community Survey 2012 5-Year Estimates.
Affordable Housing Access for Families Seeking Housing Assistance
– The affordability of
the median gross rent for families seeking housing assistance.
American Community Survey data for the median gross rent per NSA was collected. These
values were then compared to the median monthly income of people seeking housing assistance
in Chesapeake ($808/month in September 2013).
Please note that for 15 NSAs, American Community Survey data was unavailable at the block
group level due to a sample size that was insufficient for estimation. In these instances, a null
value was used for analysis. On the relevant NSA profiles in Appendix B, null values are
indicated for the NSA variable result and no priority is assigned to the variable.
If the median gross rent value exceeded 30% of the median monthly income value, the NSA was
classified as unaffordable. If the median gross rent value was less than 30% of the median
monthly income value, the NSA was classified as affordable.
Source: Homes For Kids, 2013.
U.S. Census Bureau, American Community Survey 2012 5-Year Estimates.
New Residential Building Permits
- The total number of new residential building permits
(condos, duplexes and single family homes) approved in 2012.
Residential building permits approved in 2012 were geocoded and given spatial attributes with
GIS. The number of new residential building permits was then summed by NSA. A reverse Z
score was used to prioritize NSAs with lower rates of new building permits.
Source: Development and Permits Department, Chesapeake, 2012.
Percent Residential Addition Investments
-
The percentage of additions made to residential
units in 2012.
By utilizing the tax parcel database, each tax record was assigned to an NSA using GIS. Each tax
record was analyzed for residential use and this number was used as a proxy for the total number
November 2014
A-12
