Union County's Full Asset Inventory Report
Click on a category to view grades/points in all counties. Want to learn more about this county? Visit Union County's profile at the Center for Business and Economic Research's County Profiles website.
|Arts, Entertainment, & Recreation||C||C||62.38||66|
|Government Impact & Economy||C-||D-||64.25||56|
|Human Capital: Education||C||B-||54.75||65.5|
|Human Capital: Health||C||C||52.36||60.45|
|Public Amenities: Changeable||n/a||n/a||96.9||89.72|
|Public Amenities: Static||n/a||n/a||95||95|
|N/A: Only points are used when assessing the changeable and static amenities categories.|
Housing Value Barometer
To describe county-level housing markets, we use data sets that assess both the changing price and quality of housing. The best of these indices is provided by Zillow, Inc., which aggregates the value of homes as estimated through its pricing model.
The Zillow home price measure captures both the change in price of existing housing stock and the effect of new, higher quality housing stock. In that way, the price changes reflect both the value of existing and new homes, without holding home quality constant.
Reading the Graph
For each county in Indiana, we estimate the relative measure of two metrics and plot them in a graph. The horizontal axis represents the 2010-2017 growth of home values relative to state average and the vertical axis represents 2017 county home values relative to the state average.
If a county appears in the first quadrant (upper-right, green), it represents a growing scenario where the home prices are above state average and is growing above state average for the past eight years.
The second quadrant (upper-left, yellow) depicts a warning scenario where the home prices are above state average, but the eight-year growth is lower than the state average.
The third quadrant (bottom-left, red) shows that the county’s home prices are in distress where the values are below state average and the growth is also lower than state average.
If a county falls in the fourth quadrant (bottom-right, blue), it depicts a recovering scenario where the growth in home prices is higher than the state average growth, despite their recent home values being lower than the state.
Some counties may perform below average when compared with the state, but perform relatively better than their neighbors.