Low-Rise Living

The most economically challenged urban segment, Low-Rise Living is known as a transient world for middle age, ethnically diverse singles and single parents. Home values are low--about half the national average--and even then less than a quarter of residents can afford to own real estate. Typically, the commercial base of Mom-and-Pop stores is struggling and in need of a renaissance.

Social Group: Urban Cores
Lifestage Group: Sustaining Families

2008 Statistics:
US Households: 1,623,613 (1.416%)
Median HH Income: $24,331.00

Lifestyle Traits
Shop at Rite-Aid
Domestic travel by bus
Read Ebony
Watch BET
Drive van

Source: Nielsen Claritas, 2008

Demographic Traits:
Ethnic Diversity: White, Black, Asian, Hispanic
Presence of Kids: Mostly w/ Kids
Age Ranges: Age <55
Education Levels: Some High School
Employment Levels: White Collar, Service, Mix
Homeownership: Renters
Urbanicity: Urban
Income: Low Income
Income Producing Assets: Low
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