{"id":5532,"date":"2025-05-08T14:40:34","date_gmt":"2025-05-08T14:40:34","guid":{"rendered":"https:\/\/www.tarleton.edu\/tieuc\/?page_id=5532"},"modified":"2025-05-08T14:45:49","modified_gmt":"2025-05-08T14:45:49","slug":"house-ownership-in-nct","status":"publish","type":"page","link":"https:\/\/www.tarleton.edu\/tieuc\/dashboards\/house-ownership-in-nct\/","title":{"rendered":"House Ownership in NCT"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>House Ownership in NCT<\/strong><\/h3>\n\n\n\n<p><strong>Overview<\/strong><\/p>\n\n\n\n<p>This interactive Tableau dashboard visualizes housing-related trends across&nbsp;<strong>24 counties in North Central Texas<\/strong>, allowing users to explore how home ownership patterns, housing prices, and household burden have evolved over time.<\/p>\n\n\n\n<p>The dashboard is designed to support&nbsp;<strong>regional housing analysis<\/strong>,&nbsp;<strong>urban planning<\/strong>, and&nbsp;<strong>policy development<\/strong>&nbsp;through data-driven insights.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>&nbsp;Key Features<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Clickable County Map<\/strong><br>Users can click on any county in the map to update all visualizations below with data specific to the selected region.<\/li>\n\n\n\n<li><strong>Three Interactive Trend Graphs<\/strong>:\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>&nbsp;Home Ownership Rate (2009\u20132022)<\/strong><br>Tracks the percentage of owned housing units over time, showing fluctuations in home ownership levels.<\/li>\n\n\n\n<li><strong>&nbsp;House Price Index (2010\u20132022)<\/strong><br>Displays the all-transaction house price index, reflecting trends in housing market valuation.<\/li>\n\n\n\n<li><strong>&nbsp;Burdened Households (2010\u20132022)<\/strong><br>Shows the number of households spending a disproportionate share of income on housing, indicating financial stress levels among residents.<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li><strong>County-Level Focus<\/strong><br>Selecting a county highlights its name and updates all three charts to show that county\u2019s historical data.<\/li>\n\n\n\n<li><strong>Dynamic Tooltips &amp; Labels<\/strong><br>Data points are labeled for clarity, and hover-over tooltips provide exact values.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>&nbsp;Key Observations from the Dashboard (Example: Dallas County)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Home Ownership Rate<\/strong>&nbsp;in Dallas has gradually declined from around&nbsp;<strong>58% in 2009<\/strong>&nbsp;to&nbsp;<strong>~55% in 2022<\/strong>, reflecting urban rental growth and affordability issues.<\/li>\n\n\n\n<li>The&nbsp;<strong>House Price Index<\/strong>&nbsp;in Dallas has surged significantly, from&nbsp;<strong>~122.4 in 2010<\/strong>&nbsp;to&nbsp;<strong>281.6 in 2022<\/strong>, indicating rapid market appreciation.<\/li>\n\n\n\n<li>The&nbsp;<strong>Burdened Households<\/strong>&nbsp;metric remains relatively stable, hovering around&nbsp;<strong>35,000\u201340,000<\/strong>, suggesting persistent cost-of-living challenges.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>&nbsp;Insights &amp; Applications<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Policy Planning<\/strong><br>Identify counties with rising housing prices and stagnant ownership to target with affordable housing strategies.<\/li>\n\n\n\n<li><strong>Regional Comparison<\/strong><br>Easily compare rural vs. urban counties in terms of home ownership challenges and price acceleration.<\/li>\n\n\n\n<li><strong>Community Development<\/strong><br>Use burdened household data to guide grant applications, social services, or local infrastructure planning.<\/li>\n\n\n\n<li><strong>Public Awareness<\/strong><br>Offer residents, researchers, and decision-makers a transparent look at housing affordability and equality trends.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>&nbsp;How to Use the Dashboard<\/strong><\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Click on a&nbsp;<strong>county<\/strong>&nbsp;in the map to update all visualizations.<\/li>\n\n\n\n<li>Use the&nbsp;<strong>county filter<\/strong>&nbsp;on the right to compare multiple counties.<\/li>\n\n\n\n<li>Hover over any line graph to see exact values by year.<\/li>\n<\/ol>\n\n\n\n<div style=\"height:49px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class='tableauPlaceholder' id='viz1746715277940' style='position: relative'><noscript><a href='#'><img alt='House Ownership Dashboard ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;Ho&#47;Housingtrendanalysis&#47;HouseOwnershipDashboard&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class='tableauViz'  style='display:none;'><param name='host_url' value='https%3A%2F%2Fpublic.tableau.com%2F' \/> <param name='embed_code_version' value='3' \/> <param name='site_root' value='' \/><param name='name' value='Housingtrendanalysis&#47;HouseOwnershipDashboard' \/><param name='tabs' value='no' \/><param name='toolbar' value='yes' \/><param name='static_image' value='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;Ho&#47;Housingtrendanalysis&#47;HouseOwnershipDashboard&#47;1.png' \/> <param name='animate_transition' value='yes' \/><param name='display_static_image' value='yes' \/><param name='display_spinner' value='yes' \/><param name='display_overlay' value='yes' \/><param name='display_count' value='yes' \/><param name='language' value='en-US' \/><\/object><\/div>                <script type='text\/javascript'>                    var divElement = document.getElementById('viz1746715277940'); 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