July Update - Average Age of Homes!

All subscribers can visit the Dropbox link shared in this month's email for the below update:

New Metric - Average age of homes!

We've added the file "HouseBuiltDate_AverageYears," which estimates the average age of the homes, based on the year in which they were built. This new metric is aggregated calculation based on the HouseBuiltDate fields that currently exist in the database (ie: "HouseBuiltDate_Built1940To1949_HU_Cnt" and "HouseBuiltDate_Built1960To1969_HU_Cnt").

Previously, you would need to use the individual 'HouseBuiltDate' ranges to get a proxy of the age of the homes within a given area. But, it's difficult to quickly analyze and visualization the age of the homes within an area. Now, you can use a single field, HouseBuiltDate_AverageYears," to analyze and visualize the average number of years of homes in a given area.

There were no strong correlations found with the other 800+ variables. The strongest correlation with average age of the homes was with the percentage of the population with high blood pressure, netting at a correlation of 0.63 - as the home age increases, blood pressure also increases.

Visual examples below:

Zip code level heatmap of the United States based on the average age of the home (in years)

Zip code level heatmap of the Miami-Fort Lauderdale DMA based on the average age of the home (in years)