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Updated almost 4 years ago, 01/09/2021

User Stats

96
Posts
48
Votes
Gerardo Waisbaum
  • Investor
  • Jacksonville, FL
48
Votes |
96
Posts

Demographics info on specific areas/neighborhoods

Gerardo Waisbaum
  • Investor
  • Jacksonville, FL
Posted

Hello fellow investors,

I'm an OOS and find it difficult to find demographics data on specific neighborhoods or even at a zip code level.  So far I've purchased a property in Wesconnet (32244) and I'm currently negotiating a second one in Lakeshore (32210). The numbers work but I'd like to better understand the profile of my potential tenants. 

How do you source this information? How do you learn about gentrification areas?

I would appreciate any local investor willing to connect and spend a few minutes over a virtual beer, on me ;-)

User Stats

22
Posts
2
Votes
Nicole Oka
  • Investor
  • Morgan Hill, CA
2
Votes |
22
Posts
Nicole Oka
  • Investor
  • Morgan Hill, CA
Replied

Hi Gerardo, unfortunately I can't help with your question since I am also OOS and new to the Jacksonville market, but I would like to follow this thread in case someone helps give some guidance. Could you share what you learn? Congrats on your second property! I live in CA and invest in Huntsville, AL and am looking at Jacksonville as my secondary market. 

User Stats

1,329
Posts
584
Votes
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
584
Votes |
1,329
Posts
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Replied

Have you tried city-data.com? It has demographics down to zip code level.

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User Stats

44
Posts
38
Votes
Sonia N.
Pro Member
  • Rental Property Investor
  • Boston, MA
38
Votes |
44
Posts
Sonia N.
Pro Member
  • Rental Property Investor
  • Boston, MA
Replied

Hey Gerardo - I've found niche.com to be helpful for demographics and you can search it by zip code.  It goes into median household income, education levels, school ratings and depending on the size of the city, sometimes it gives an overall grade for diversity.  

User Stats

24
Posts
17
Votes
Brad Fisher
  • Investor
  • Springfield, VA
17
Votes |
24
Posts
Brad Fisher
  • Investor
  • Springfield, VA
Replied

I also use city-data.com.  It sources a lot of its data from the census bureau and bureau of labor statistics.  

http://www.city-data.com/city/...

Here is a link for Jacksonville.  Scroll down until you see the map.  You can sort by all kinds of data, including demographics.

User Stats

1,371
Posts
2,195
Votes
Mark Fries
  • Contractor
  • Jacksonville, FL
2,195
Votes |
1,371
Posts
Mark Fries
  • Contractor
  • Jacksonville, FL
Replied

@Gerardo Waisbaum

I can help you, as I am boots on the ground out here everyday. Can provide real time data and input versus a website. Reach out anytime.

User Stats

96
Posts
48
Votes
Gerardo Waisbaum
  • Investor
  • Jacksonville, FL
48
Votes |
96
Posts
Gerardo Waisbaum
  • Investor
  • Jacksonville, FL
Replied

Thank you guys for your inputs.

@Mark Fries, appreciated. I'll try to reach out early in the week.