Median Home Values in Home Owners Loan Corporation (HOLC) Neighborhood C
This dataset tracks median home values in home owners loan corporation (holc) neighborhood c over time.
Latest Value
161.00
Year-over-Year Change
42.48%
Date Range
1/1/1930 - 1/1/2010
Summary
The 'Median Home Values in Home Owners Loan Corporation (HOLC) Neighborhood C' trend measures the typical home value in HOLC neighborhoods classified as 'C' or 'definitely declining'. This provides insight into housing conditions in historically redlined areas.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HOLC, a New Deal agency, created neighborhood risk maps in the 1930s that often discriminated against minority communities. This series tracks median home values specifically in HOLC 'C' neighborhoods, which were typically lower-income and non-white areas deemed 'definitely declining'.
Methodology
The data is collected from the American Community Survey by the U.S. Census Bureau.
Historical Context
This trend is used by policymakers and researchers to analyze the long-term effects of historical housing discrimination.
Key Facts
- HOLC neighborhood 'C' areas were often non-white and lower-income.
- Median home values in 'C' neighborhoods tend to be lower than other areas.
- This data sheds light on the lasting impacts of historical housing discrimination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the typical or median home value in neighborhoods that were classified as 'C' or 'definitely declining' by the Home Owners Loan Corporation in the 1930s.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the long-term effects of historical housing discrimination, as 'C' neighborhoods were often lower-income and non-white areas subject to redlining policies.
Q: How is this data collected or calculated?
A: The data is collected from the American Community Survey by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and researchers to analyze the lasting impacts of redlining and other discriminatory housing practices on communities of color.
Q: Are there update delays or limitations?
A: As this data is from the American Community Survey, there may be update delays of 1-2 years, and the geographic granularity is limited to HOLC neighborhood designations.
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Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
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Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
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Citation
U.S. Federal Reserve, Median Home Values in Home Owners Loan Corporation (HOLC) Neighborhood C (RLMSHHVHOLCNC), retrieved from FRED.