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Q: Demographic and Housing Info - Forest Hill & DFW ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Demographic and Housing Info - Forest Hill & DFW
Category: Reference, Education and News > General Reference
Asked by: justins-ga
List Price: $150.00
Posted: 24 Aug 2005 04:48 PDT
Expires: 23 Sep 2005 04:48 PDT
Question ID: 559649
Demographic and Housing Info

I am looking for the following information for the city of Forest
Hill, Texas and for the DFW Metroplex.  (I need to compare the two.)

- Number of new homes, by year or in 5 year increments, ideally as far
back as 1950 but I would be fine with at least the past 10 years

- Average age of homes today (age of the home itself, not the occupants)

- Average price or value of homes

- Average income of residents in absolute terms and as a percentage of
national income

- Basic household composition info such as number of people in
household, number of people, average ages, etc.  This info is filler
so the details are not critical.

- Bonus Info:  It would also be great to get the new homes figures
broken down by either zoning classification or by house size.  This
would be a bonus item and is not required.


Please note that Forest Hill is a small city entirely encircled by
Fort Worth, Texas.

Thank you.
Answer  
Subject: Re: Demographic and Housing Info - Forest Hill & DFW
Answered By: belindalevez-ga on 29 Aug 2005 02:50 PDT
Rated:5 out of 5 stars
 
<Forest Hill & DFW demographic and housing info.

Forest Hill

Number of new homes by year
Year structure built
1999 to March 2000 ? 41
1995 to 1998 ? 71
1990 to 1994 ? 50
1980 to 1989 ? 472
1970 to 1979 ? 1,015
1960 to 1969 ? 1,351
1940 to1959 ? 711
1939 or earlier ? 144
There is also a table of the number of units in the structure, number
of rooms, number of occupants per room. A breakdown is also given of
the number of properties in each price range. (Source: US Census
Bureau)
http://censtats.census.gov/data/TX/1604826544.pdf

----------------------------------------------
Average age of homes today ? 36.57 years.
Method of calculation:
Using the above figures.
Age  and number 
5 ? 41
9 ? 71
11.5 ? 50
20 ? 472
30 ? 1015
40 ? 1351
60 ? 711
70 ? 144

Total of age x number ? 140979
Total of number of houses ? 3855
140979 divided by 3855 = 36.57
----------------------------------------------
Average sales price - $64,271, 2003 to 2004 change ?3%
Median sales price $64,000 2003 to 2004 change ?9% (Source: North
Texas Real Estate Information System).

Single family housing units
2000 ? 3,681
2004 ? 3,815
Growth ? 3.64%

22.18% of homes were built before 1960
Source: Tarrant county.com

http://www.tarrantcounty.com/ecommunitydev/lib/ecommunitydev/HOUSING_NEEDS.pdf

---------------------------------------------
Average income of residents.

Median household income in 1999 - $37,473
There is also a breakdown of the number of households in each range.
(Source: US Census Bureau.)
http://censtats.census.gov/data/TX/1604826544.pdf

Comparison of income with Fort Worth 
Forest hill 
Average household income - $47,022
Median household income - $37,473
Per capita income - $17,027

Fort Worth
Average household income - $50,052
Median household income - $37,074
Per capita income - $18,800
Source: ERSys.com
http://www.ersys.com/usa/48/4826544/income.htm

------------------------------------------------
Household composition

Households by type
Total households ? 3699
Family households ? 2946
   With own children under 18 years ? 1363
  Married couple family ? 1969
     With own children under 18 years ? 874
   Female householder, no husband present ? 771
      With own children under 18 years ? 407
Non family households ? 753
  Householder living alone ? 632
  Householder 65 years and over ? 210

Households with individuals under 18 years ? 1682
Households with individuals 65 years and over ? 767

Average household size ? 3.04
Average family size ? 3.42

Source: areaConnect
http://foresthill.areaconnect.com/statistics.htm

----------------------------------------------------------------
--------------------------------------------------------------
Fort Worth

Total housing units ? 712,337
Year structure built 
1995 or later ? 20.84%
1990 to 1994 ? 7.29%
1980 to 1989 ? 23.14%
1970 to 1979 ? 18.97
1960 to 1969 ? 11.98%
1950 to 1959 ? 10.54%
1940 to 1949 ? 3.94%
1939 or earlier ? 3.3%
Source: US Census Bureau.
http://www.census.gov/acs/www/Products/Profiles/Chg/2003/ACS/Tabular/385/38500US192228004.htm

-------------------------------------------------------
Average age of homes ? 28.29 years
------------------------------------------------------

Average price of homes
Median
2003 ? $113,645
2002 ? $110,145
2001 ? $102,305
2000 -  $98,731
Source: US Census Bureau.
http://www.census.gov/acs/www/Products/Profiles/Chg/2003/ACS/Tabular/385/38500US192228004.htm


---------------------------------------------------
Household composition
Households by type
Total households ? 195078
Family households ? 127530
   With own children under 18 years ? 67705
  Married couple family ? 89370
     With own children under 18 years ? 46157
   Female householder, no husband present ? 28582
      With own children under 18 years ? 17068
Non family households ? 67548
  Householder living alone ? 55757
  Householder 65 years and over ? 15085

Households with individuals under 18 years ? 76377
Households with individuals 65 years and over ? 37017

Average household size ? 2.67
Average family size ? 3.33

Source: areaConnect
http://fortworth.areaconnect.com/statistics.htm

--------------------------------------------------
National income
Median household income in 2003 was $43,318
Source: US Census Bureau
http://www.census.gov/prod/2004pubs/p60-226.pdf>


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<Hope this helps.>
justins-ga rated this answer:5 out of 5 stars and gave an additional tip of: $10.00
Just what I needed.  Thank you.

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