Columbia, Missouri - Dental Demographics - Housing


Columbia, Missouri - Dental Demographics - Housing


Want comprehensive data on dentist to population ratios?


A Denali Demographic Study looks at the information in demographic reports like historical data, market saturation, growth drivers, and dental specific statistics, and interprets all these dental demographics to provide a viability ranking that other demographic reports typically don’t provide.

Get a custom study for as little as $399



Housing



This 2 mile radius contains 16,376 housing units and a high vacancy rate of 9.8%. This area has a 32.3% home ownership rate and 57.8% of the population are renters. The ownership occupancy levels are well below Missouri 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 $174,116 which is slightly below Missouri. The median home ownership value for the United States is $204,900. This area averages spending 32.8% 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 67.2%. The average housing cost of just shelter as a percent of income in this area at 23.1%. 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 Columbia, Missouri
Columbia, MissouriMissouriUnited States
Demographic CharacteristicColumbia
Missouri
Latitude / Longitude:38.951705, -92.334072
Radius2 miles3 miles
HOUSING
Housing units16,37632,7382,873,544142,853,336
Median home value$174,116$194,328$184,141$264,021
Home ownership rate32.3%39.0%59.5%57.3%
Renter-occupied housing57.8%52.0%27.4%31.2%
Vacant housing units9.8%9.0%13.1%11.5%
Average Cost of Housing$12,302$14,898$16,542$20,090
Average Housing Cost as a Percent of Income23.1%22.9%21.1%21.7%
HOUSEHOLDS
Households14,76629,8042,497,270126,470,675
     Average household size2.032.162.432.58
Family households35.2%42.1%64.1%65.5%
Household with children18.7%22.1%31.8%33.4%
High school graduate or higher94.8%95.3%91.1%88.9%
Bachelor degree or higher52.3%53.4%30.6%33.6%
RACE & ETHNICITY
White73.1%74.3%80.9%69.2%
Black13.5%12.4%11.7%13.0%
Native American0.3%0.4%0.5%1.0%
Asian7.4%7.4%2.2%5.9%
Pacific Islanders0.1%0.1%0.2%0.2%
Other Race1.3%1.3%1.7%7.1%
Hispanic or Latino of any race4.6%4.4%4.6%18.9%


Home Ownership Rates

Columbia, Missouri - Home Ownership Rates
Owner Occupied Households by Census Tract

 57.57% to 75.08%
 30.29% to 57.57%
 19.52% to 30.29%
 1.83% to 19.52%
 0.23% to 1.83%
1.Columbia