Segment 14C (Dorms to Diplomas)

LifeMode Group: Scholars and Patriots
Dorms to Diplomas
14C
Households: 589,000
Average Household Size: 2.20
Median Age: 21.5
Median Household Income: $17,000
WHO ARE WE?
OUR NEIGHBORHOOD
SOCIOECONOMIC TRAITS
On their own for the first time, Dorms to Diplomas residents
are just learning about finance and cooking. Frozen dinners
and fast food are common options. Shopping trips are
sporadic, and preferences for products are still being
established. Many carry a balance on their credit card so
they can buy what they want now. Although school and
part-time work take up many hours of the day, the
remainder is usually filled with socializing and having fun
with friends. They are looking to learn life lessons inside
and outside of the classroom. This is the first online
generation, having had lifelong use of computers, the
Internet, cell phones, and MP3 players.
• Mix of dorms, on-campus and off-campus
housing cater to young renters.
• They’re the youngest market with half of
the population aged 20–24.
• Off-campus householders are commonly
students living alone or with roommates;
average household size is 2.2.
• They’re impulse buyers who experiment
with different brands.
• 80% of the housing are apartments;
many older homes in town have been
converted into multifamily living units.
• Vehicles are just a means of
transportation—economy and environmental
impact are factors in purchases; used,
imported subcompact cars are a
popular choice.
• With limited parking on campus,
many walk, bike, or car pool to class.
• Only one in ten homes are owner occupied.
• They buy trendy clothes on a budget.
• They value socializing, having fun, and
learning new things.
• They’re always connected; their cell phone
is never out of reach.
TAPESTRY
TM
SEGMENTATION
esri.com/tapestry
Note: The Index represents the ratio of the segment rate to the US rate multiplied by 100.
Consumer preferences are estimated from data by GfK MRI.
14C
LifeMode Group: Scholars and Patriots
TAPESTRY
Dorms to Diplomas
SEGMENTATION
esri.com/tapestry
AGE BY SEX (Esri data)
RACE AND ETHNICITY (Esri data)
INCOME AND NET WORTH
Median Age: 21.5 US: 37.6
The Diversity Index summarizes racial and ethnic diversity. The index
shows the likelihood that two persons, chosen at random from the
same area, belong to different race or ethnic groups. The index
ranges from 0 (no diversity) to 100 (complete diversity).
Net worth measures total household assets (homes, vehicles,
investments, etc.) less any debts, secured (e.g., mortgages)
or unsecured (credit cards). Household income and
net worth are estimated by Esri.
| Indicates US
85+
80–84
75–79
70–74
65–69
60–64
55–59
50–54
45–49
40–44
35–39
30–34
25–29
20–24 25.2%
15–19 14.4%
10–14
5–9
<5
TM
Diversity Index: 52.5 US: 62.1
24.3%
17.8%
Hispanic*
8.0%
Multiple
3.2%
Other
2.6%
Asian and
Pac. Island
American
Indian
Black
Median Household Income
$17,000
0
0.5%
Median Net Worth
9.5%
4%
0
4%
Male
$60k
$90k
$120k+
$300k
$400k+
73.2%
0
8%
Female
$30k
$9,000
White
8%
US Median $51,000
0
11.0%
20%
40%
* Hispanic can be of any race.
60%
US Median $71,000
80%
0
US Average
$100k
$200k
AVERAGE HOUSEHOLD BUDGET INDEX
OCCUPATION BY EARNINGS
The index compares the average amount spent in this market’s household budgets for
housing, food, apparel, etc., to the average amount spent by all US households. An index
of 100 is average. An index of 120 shows that average spending by consumers in this market
is 20 percent above the national average. Consumer expenditures are estimated by Esri.
The five occupations with the highest number of workers in the market are displayed
by median earnings. Data from the Census Bureau’s American Community Survey.
44
Housing
$16,000
Education, Training,
and Library
Median Earnings
50
Food
36
Apparel & Services
46
Transportation
30
Health Care
Entertainment &
Recreation
43
91
Education
Pensions &
Social Security
37
Other
38
0
$12,000
$8,000
Personal Care
and Service
$4,000
Food Preparation
and Serving Related
0
50
100
150
200
250
300
350
Office and
Administrative Support
Sales and Related
40,000
80,000
120,000
Workers ( Age 16+)
160,000
200,000
14C
LifeMode Group: Scholars and Patriots
TAPESTRY
Dorms to Diplomas
MARKET PROFILE
TM
SEGMENTATION
esri.com/tapestry
HOUSING
(Consumer preferences are estimated from data by GfK MRI)
Median home value is displayed for markets that are primarily
owner occupied; average rent is shown for renter-occupied markets.
Tenure and home value are estimated by Esri. Housing type and average
rent are from the Census Bureau’s American Community Survey.
• They enjoy going out to bars for drinks and maybe a game of billiards.
• With little experience cooking, fast food and frozen dinners are the “go-to” choices.
• Appearance and fashion preferences come from magazines;
hair color and teeth whiteners are commonplace.
• They listen to all the latest music on mobile MP3 players.
• They’re very active, participating in many sports, especially yoga.
• Use a computer for just about everything including news, entertainment,
shopping, blogging, social media, TV, movies, and homework.
Own
7.9%
Typical Housing:
Home
Ownership
US Percentage:
63.6% Own
36.4% Rent
Rent
92.1%
Multiunit Rentals
Average Rent:
$990
US Average: $990
POPULATION CHARACTERISTICS
ESRI INDEXES
Total population, average annual population change since Census 2010, and average
density (population per square mile) are displayed for the market relative to the size
and change among all Tapestry markets. Data estimated by Esri.
Esri developed three indexes to display average household wealth, socioeconomic status,
and housing affordability for the market relative to US standards.
900,000
Population
11,000,000
0
2,462,000
-0.5%
Population Growth (Annual %)
350
25
Wealth Index
3.0%
0
0.6%
0
Population
81
350
Socioeconomic Status Index
Density (Persons per sq. mile)
25,000
0
1000
4,969
48
Housing Affordability Index
350
14C
LifeMode Group: Scholars and Patriots
TAPESTRY
Dorms to Diplomas
SEGMENTATION
esri.com/tapestry
SEGMENT DENSITY
This map illustrates the density and
distribution of the Dorms to Diplomas
Tapestry Segment by households.
High
Low
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ESRI2C7/14dl
TM
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