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HomeMy WebLinkAboutHartwigPopulation: 11,592 Median Disposable Income: $21,611 Median age of 21.9 years, 79 percent of residents are enrolled in a college or universi- ty. Ethnic diversity is slightly lower in this segment than in the United States. Three-fourths of the employed residents work part-time in low-paying service jobs. Forty-three percent live in dormitories on campus; the remainder rent apartments in multi-unit buildings off campus. Spending patterns reflect a carefree lifestyle and focus on educa- tion. While not eating at the dining hall, they eat fast food or convenient frozen meals. A computer is a necessity; they prefer laptops and use the Internet for daily needs, including communi- cation. Most own cell phones and bank online. Get exercise from college sports and walking around campus, enjoy playing football, basketball, volleyball, and yoga. Most residents aged between 18 and 34 years old and live in single- person or shared households. One -fourth of households are occupied by married-couples. Focused on their education, 59% are enrolled in college or graduate school. Many students work part-time, with a median household income of $31,271. Most work in the service industry, holding on-and off -campus jobs in educational services, health care, and food prep- aration. 30% of housing is owner-occupied, typically by town residents, who live with their families in single-family dwellings. Convenience and speed dictates food choices; they often buy ready-made meals, eat out, or order fast food. Cell phones and the Internet is essential for school and career, as well as keeping in touch. Rank high for participation in outdoor sports and ath- letic activities. 55.1% COLLEGE TOWNS 38.8% DORMS TO DIPLOMAS Households: 5,352 Per Capita Income: $17,634 ESRI TAPESTRY SEGMENTATION AREA PROFILE* REPRESENTING 93.9% OF HOUSEHOLDS WITHIN 1 MILE ESRI MARKETPLACE PROFILE HARTWIG Data from October 2012  COLLEGE TOWNS Convenience and speed dictates food choices: they often eat out or order fast food. PRODUCT/CONSUMER BEHAVIOR % OVER U.S. AVERAGE Drank beer/ale (last 6 months) 14%  Average monthly cell phone bill $1– 49 33%  Spent <$500 on most recent home PC purchase 122%  Bought cigarettes at convenience store (last 30 days) 36%  Bought gas at convenience store (last 30 days) 25%  Spent $40+ at a convenience store (last 30 days) 22%  Attended movies (last 6 months) 20%  Went to bar/nightclub (last 12 months) 57%  Visited a theme park (last 12 months) 23%  Rented 2 DVDs (last 30 days) 51%  Purchased 3– 4 DVDs (last 30 days) 83%  MARKET POTENTIAL ANALYSIS (0-1 MILE)* Market Potential Index (MPI) measures relative likelihood of the adults in a specified trade area to exhibit certain consumer behavior or purchasing patterns. RETAIL OPPORTUNITIES (0-1 MILE)* RETAIL GAP: Represents the difference between Retail Potential and Retail Sales. LEAKAGE FACTOR: A positive value represents a “leakage” of retail opportunity outside the trade area. A negative value represents a surplus of retail sales. +100 (total leakage) to -100 (total surplus) PRODUCT/CONSUMER BEHAVIOR % OVER U.S. AVERAGE Online banking (last 12 months) 16%  Exercise at home 2+ times/week 16%  Carry renter insurance 40%  Went to a fast food restaurant 14+ times/month 24%  Fast food home delivery (last 6 months) 52%  Fast food take out/walk-in (last 6 months) 25%  Owns 1 TV 87%  Purchased audio equipment (last 12 months) 39%  Spent <$1000 on domesƟc vacaƟons   (last 12 months) 76%  Spent $1000—2999 on foreign vacaƟons  (last 12 months 20%  INDUSTRY GROUPS RETAIL GAP LEAKAGE FACTOR Nonstore Retailers $244,359 66.5  * FULL ESRI ANALYSIS available upon request, including 3 and 5-mile radius reports.  ESRI MARKETPLACE PROFILE HARTWIG ESRI MARKETPLACE PROFILE HARTWIG 1-MILE RADIUS STREET MAP