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Updated almost 4 years ago,
Please help! Tools to Analyze City Metrics?
Hi Everyone!
I'm pretty new at investing and I'm trying to identify a market that would make sense for me to invest in. I've been using the website City-Data.com to get some basic information like Median Age, Rent, Median house price, and Population growth but I feel like the tool is a little too broad (or I'm just using it incorrectly). For example, the population growth it gives me is over a period of 20 years, and I don't see a way to decrease that time range. It seems a little too broad especially with the impact of Coronavirus happening only within the last year which has greatly changed migratory patterns. Additionally, for income and house prices, and a lot of the numbers, they list Median which is great, but can also be very misconstruing based on the dataset it's pulled from.
Does anyone have a better tool than City-Data.com for finding city metrics like population growth/net migratory patterns, average & median income/house prices/rent, crime rates and so on during a smaller time frame? I believe I had found a map that detailed population growth but for the life of me I can't remember where I found it. Any sort of website or tool that you use to analyze a new market to invest in would be greatly appreciated!
Do you guys have any other sites that you find are more useful and up to date for finding the metrics of a market? I'm trying to find net migration patterns within the past 1-5 years, as well as what age the people who are moving is as well as the population percentage by age.