LifeMode Group: Midtown Singles Set to Impress 11D Households: 1,657,000 Average Household Size: 2.10 Median Age: 33.1 Median Household Income: $29,000 WHO ARE WE? OUR NEIGHBORHOOD SOCIOECONOMIC TRAITS Set to Impress is depicted by medium to large multiunit apartments with lower than average rents. These apartments are often nestled into neighborhoods with other businesses or single-family housing. Nearly one in three residents is 20 to 34 years old, and over half of the homes are nonfamily households. Although many residents live alone, they preserve close connections with their family. Income levels are low; many work in food service while they are attending college. This group is always looking for a deal. They are very conscious of their image and seek to bolster their status with the latest fashion. Set to Impress residents are tapped into popular music and the local music scene. • Apartment complexes represented by multiple multiunit structures are often nestled in neighborhoods with either single-family homes or other businesses. • Residents are better educated and mobile. TAPESTRY • Renters make up nearly three quarters of all households. • They’re found mostly in urban areas, but also in suburbs. • Single-person households make up over 40% of all households. • It is easy enough to walk or bike to work for many residents. • Unemployment is higher, although many are still enrolled in college (Index 146). • They always have an eye out for a sale and will stock up when the price is right. • They prefer name brands, but will buy generic when it is a better deal. • Quick meals on the run are a reality of life. • They’re image-conscious consumers that dress to impress and often make impulse buys. • They maintain close relationships with family. 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. 11D LifeMode Group: Midtown Singles TAPESTRY Set to Impress SEGMENTATION esri.com/tapestry AGE BY SEX (Esri data) RACE AND ETHNICITY (Esri data) INCOME AND NET WORTH Median Age: 33.1 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 15–19 10–14 5–9 <5 TM Diversity Index: 64.9 US: 62.1 Hispanic* Median Household Income 15.7% Multiple 4.3% Other 6.2% Asian and Pac. Island American Indian $29,000 0 18.0% 4% 0 4% Male $90k $120k+ $300k $400k+ 66.6% 0 8% Female $60k $12,000 White 8% $30k Median Net Worth 1.6% Black US Median $51,000 0 3.3% 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. 58 Food 59 $35,000 Median Earnings Housing 40 Apparel & Services 57 Transportation 52 Health Care Entertainment & Recreation 56 61 Education Pensions & Social Security 54 Other 53 0 Office and Administrative Support Production $25,000 Transportation and Material Moving Sales and Related $15,000 Food Preparation and Serving Related $5,000 0 50 100 150 200 250 300 350 50,000 100,000 150,000 200,000 Workers ( Age 16+) 250,000 300,000 11D LifeMode Group: Midtown Singles TAPESTRY Set to Impress 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 listen to a variety of the latest music and download music online. • Majority have cell phones only, no landlines. • They use the Internet for social media and managing finances. • They own used, imported vehicles. • They shop at Walgreens. • They enjoy leisure activities including going to rock concerts, night clubs, and the zoo. Own 28.8% Typical Housing: Home Ownership US Percentage: 63.6% Own 36.4% Rent Rent 71.2% Multiunit Rentals; Single Family Average Rent: $750 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 3,652,000 -0.5% Population Growth (Annual %) Wealth Index 3.0% 0 0.3% 0 Population 350 36 350 73 Socioeconomic Status Index Density (Persons per sq. mile) 1000 2,626 25,000 0 123 Housing Affordability Index 350 11D LifeMode Group: Midtown Singles TAPESTRY Set to Impress SEGMENTATION esri.com/tapestry SEGMENT DENSITY This map illustrates the density and distribution of the Set to Impress Tapestry Segment by households. High Low Copyright © 2014 Esri. All rights reserved. Esri, the Esri globe logo, Tapestry, @esri.com, and esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Community, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners. G62222 ESRI2C7/14dl TM For more information 1-800-447-9778 [email protected] esri.com
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