Des Moines, Iowa - Dental Demographics - Housing


Des Moines, Iowa - Dental Demographics - Housing


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Housing



This 2 mile radius contains 19,662 housing units and a high vacancy rate of 11.6%. This area has a 35.7% home ownership rate and 52.7% of the population are renters. The ownership occupancy levels are well below Iowa and US.

Home values have two implications—they can signal the relative affluence of an area and thus the ability of its population to spend more on dental care, but they can also show the relative unaffordability of an area and its possibility not to grow as fast as other more affordable locations. The median home ownership value in this area is $153,935 which is well below Iowa. The median home ownership value for the United States is $303,400. This area averages spending 32.9% of their income on total housing which is considerably higher than the 30% figure that is considered a healthy housing spending percentage. Total housing expenditure includes the cost of shelter as well as utilities, fuel, and public services like water and sewer. This means that housing expenditures use a greater amount of the household budget on a national basis than it should by large amount. Disposable income in this area averages 67.1%. The average housing cost of just shelter as a percent of income in this area at 23.5%. The area is affordable for those living here. In general, all these housing factors are below average indicators of desirability of an area and its economic growth potential.


Table #2 Significant Demographic Characteristics - Page 2

Demographic Analysis for Des Moines, Iowa
Des Moines, IowaIowaUnited States
Demographic CharacteristicDes Moines
Iowa
Latitude / Longitude:41.590474, -93.597679
Radius2 miles3 miles
HOUSING
Housing units19,66241,3091,450,475145,184,826
Median home value$153,935$171,476$221,876$355,577
Home ownership rate35.7%43.9%64.2%57.9%
Renter-occupied housing52.7%46.3%26.4%32.1%
Vacant housing units11.6%9.9%9.4%10.0%
Average Cost of Housing$16,437$17,252$22,521$26,595
Average Housing Cost as a Percent of Income23.5%23.2%22.7%23.5%
HOUSEHOLDS
Households17,37937,2401,313,913130,716,571
     Average household size2.172.342.392.53
Family households43.6%49.0%61.3%64.0%
Household with children32.6%33.5%30.6%33.4%
High school graduate or higher84.5%84.7%94.1%90.6%
Bachelor degree or higher28.9%23.9%33.7%36.8%
RACE & ETHNICITY
White51.9%52.7%83.3%60.3%
Black16.4%16.1%4.4%12.5%
Native American1.0%1.1%0.5%1.1%
Asian6.5%7.4%2.5%6.4%
Pacific Islanders0.1%0.1%0.2%0.2%
Other Race12.2%10.9%3.0%8.8%
Hispanic or Latino of any race24.9%23.3%7.4%19.6%


Home Ownership Rates

Des Moines, Iowa - Home Ownership Rates
Owner Occupied Households by Census Tract

 68.17% to 83.36%
 57.05% to 68.17%
 43.31% to 57.05%
 19.40% to 43.31%
 0.00% to 19.40%
1.Des Moines