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Updated 12 months ago,
Looking for Reliable Datasets on Population Projections, Crime, Local Economy, etc.
Hi People!
I'm a newbie long-distance investor and I'm just in the early research stage of buying my first income property. I'm trying to collect as much data as I can before deciding on which market to enter. Finding information on the financial side of many markets hasn't been a major problem so far, but I'm struggling to find accurate and up-to-date Real Estate adjacent statistics such as population projections, tenant demographics, crime, main movers in local economies, environmental risks, etc all stratified by city (or even better neighborhood!). I've been trying the websites for the Census Bureau, Urban Institute, and Pew Research Center, but still can't find the specific data I'm looking for, leaving me with four questions for you:
1. Beyond what I listed above (population projections, tenant demographics, crime, main movers in local economies, environmental risks, etc all stratified by city/neighborhood), do you recommend any other Real Estate adjacent stats to include in my research?
2. Do you have/use any reliable and up-to-date sources for these Real Estate adjacent stats?
3. Will local agents be able to provide these adjacent stats?
4. I'd love to feed the data for all cities/neighborhoods into a spreadsheet and create a weighted score for each locale. Any advice on what stats should carry the most weight? the least?
Thank you all for your time, I'd very much appreciate any insights. I'm excited to be a part of such a seemingly open and professional community, happy investing everyone!