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Scott W. Hegerty

Publications and source records attributed to Scott W. Hegerty.

9 recordsLinked to original sources

Banking Deserts," City Size, and Socioeconomic Characteristics in Medium and Large U.S. Cities

A lack of financial access, which is often an issue in many central-city U.S. neighborhoods, can be linked to higher interest rates as well as negative health and psychological outcomes. A number of analyses of "banking deserts" have also found these areas to be poorer and less White than other parts of the city. While previous research has examined specific cities, or has classified areas by population densities, no study to date has examined a large set of individual cities. This study looks at 319 U.S. cities with populations greater than 100,000 and isolates areas with fewer than 0.318 banks per square mile based on distances from block-group centroids. The relative shares of these "deserts" appears to be independent of city population across the sample, and there is little relationship between these shares and socioeconomic variables such as the poverty rate or the percentage of Black residents. One plausible explanation is that only a subset of many cities' poorest, least White block groups can be classified as banking deserts; nearby block groups with similar socioeconomic characteristics are therefore non-deserts. Outside of the Northeast, non-desert areas tend to be poorer than deserts, suggesting that income- and bank-poor neighborhoods might not be as prevalent as is commonly assumed.

econ.GN

Are Rents Excessive in the Central City?: A Geospatial Analysis

In many U.S. central cities, property values are relatively low, while rents are closer to those in better-off neighborhoods. This gap can lead to relatively large profits for landlords, and has been referred to as "exploitaton" for renters. While much of this gap might be explained by risk, factors such as income and race might play important roles as well. This study calculates Census tract-level measures of the rent-to-property-value (RPV) ratio for 30 large cities and their surrounding metropolitan areas. After examining the spatial distribution of this ratio and relationships with other socioeconomic variables for Milwaukee and three other cities, Z-scores and quantiles are used to identify "extreme" RPV values nationwide. "Rust Belt" cities such as Detroit, Cleveland, and Milwaukee are shown to have higher median and 95% values than do West Coast cities such as Seattle and San Francisco. A spatial lag regression estimation shows that, controlling for income, property values, and vacancy rates, racial characteristics often have the "opposite" signs from what might be expected and that there is little evidence of purely race-based "exploitation" of renters. A significantly negative coefficient for the percentage of Black residents, for example, might suggest that the RPV ratio is lower in a given tract, all else equal. While this study shows where RPV values are highest within as well as between cities, further investigation might uncover the drivers of these spatial differences more fully.

econ.GN

Deprivation, Crime, and Abandonment: Do Other Midwestern Cities Have 'Little Detroits'?

Both within the United States and worldwide, the city of Detroit has become synonymous with economic decline, depopulation, and crime. Is Detroit's situation unique, or can similar neighborhoods be found elsewhere? This study examines Census block group data, as well as local crime statistics for 2014, for a set of five Midwestern cities. Roughly three percent of Chicago's and Milwaukee's block groups--all of which are in majority nonwhite areas--exceed Detroit's median values for certain crimes, vacancies, and a poverty measure. This figure rises to 11 percent for St. Louis, while Minneapolis has only a single "Detroit-like" block group. Detroit's selected areas are more likely to be similar to the entire city itself, both spatially and statistically, while these types of neighborhoods for highly concentrated "pockets" of poverty elsewhere. Development programs that are targeted in one city, therefore, must take these differences into account and should be targeted to appropriate neighborhoods.

econ.GN

Do City Borders Constrain Ethnic Diversity?

U.S. metropolitan areas, particularly in the industrial Midwest and Northeast, are well-known for high levels of racial segregation. This is especially true where core cities end and suburbs begin; often crossing the street can lead to physically similar, but much less ethnically diverse, suburban neighborhood. While these differences are often visually or "intuitively" apparent, this study seeks to quantify them using Geographic Information Systems and a variety of statistical methods. 2016 Census block group data are used to calculate an ethnic Herfindahl index for a set of two dozen large U.S. cities and their contiguous suburbs. Then, a mathematical method is developed to calculate a block-group-level "Border Disparity Index" (BDI), which is shown to vary by MSA and by specific suburbs. Its values can be compared across the sample to examine which cities are more likely to have borders that separate more-diverse block groups from less-diverse ones. The index can also be used to see which core cities are relatively more or less diverse than their suburbs, and which individual suburbs have the largest disparities vis-à-vis their core city. Atlanta and Detroit have particularly diverse suburbs, while Milwaukee's are not. Regression analysis shows that income differences and suburban shares of Black residents play significant roles in explaining variation across suburbs.

econ.GN

How Unique is Milwaukee's 53206? An Examination of Disaggregated Socioeconomic Characteristics Across the City and Beyond

Milwaukee's 53206 ZIP code, located on the city's near North Side, has drawn considerable attention for its poverty and incarceration rates, as well as for its large proportion of vacant properties. As a result, it has benefited from targeted policies at the city level. Keeping in mind that ZIP codes are often not the most effective unit of geographic analysis, this study investigates Milwaukee's socioeconomic conditions at the block group level. These smaller areas' statistics are then compared with those of their corresponding ZIP codes. The 53206 ZIP code is compared against others in Milwaukee for eight socioeconomic variables and is found to be near the extreme end of most rankings. This ZIP code would also be among Chicago's most extreme areas, but would lie near the middle of the rankings if located in Detroit. Parts of other ZIP codes, which are often adjacent, are statistically similar to 53206, however--suggesting that a focus solely on ZIP codes, while a convenient shorthand, might overlook neighborhoods that have similar need for investment. A multivariate index created for this study performs similarly to a standard multivariate index of economic deprivation if spatial correlation is taken into account, confirming that poverty and other socioeconomic stresses are clustered, both in the 53206 ZIP code and across Milwaukee.

econ.GN

Spatial Measures of Socioeconomic Deprivation: An Application to Four Midwestern Industrial Cities

Decades of economic decline have led to areas of increased deprivation in a number of U.S. inner cities, which can be linked to adverse health and other outcomes. Yet the calculation of a single "deprivation" index, which has received wide application in Britain and elsewhere in the world, involves a choice of variables and methods that have not been directly compared in the American context. This study creates four related measures--using two sets of variables and two weighting schemes--to create such indices for block groups in Buffalo, Cleveland, Detroit, and Milwaukee. After examining the indices' similarities, we then map concentrations of high deprivation in each city and analyze their relationships to income, racial makeup, and transportation usage. Overall, we find certain measures to have higher correlations than others, but that all show deprivation to be linked with lower incomes and a higher nonwhite population.

econ.GN

Acquisitive Crimes, Time of Day, and Multiunit Housing in the City of Milwaukee

According to "Social Disorganization" theory, criminal activity increases if the societal institutions that might be responsible for maintaining order are weakened. Do large apartment buildings, which often have fairly transient populations and low levels of community involvement, have disproportionately high rates of crime? Do these rates differ during the daytime or nighttime, depending when residents are present, or away from their property? This study examines four types of "acquisitive" crime in Milwaukee during 2014. Overall, nighttime crimes are shown to be more dispersed than daytime crimes. A spatial regression estimation finds that the density of multiunit housing is positively related to all types of crime except burglaries, but not for all times of day. Daytime robberies, in particular, increase as the density of multiunit housing increases.

econ.GN

Bank Density, Population Density, and Economic Deprivation Across the United States

Recent research on the geographic locations of bank branches in the United States has identified thresholds below which a given area can be considered to be a "banking desert." Thus far, most analyses of the country as a whole have tended to focus on minimum distances from geographic areas to the nearest bank, while a recent density-based analysis focused only on the city of Chicago. As such, there is not yet a nationwide study of bank densities for the entire United States. This study calculates banks per square mile for U.S. Census tracts over ten different ranges of population density. One main finding is that bank density is sensitive to the measurement radius used (for example, density in urban areas can be calculated as the number of banks within two miles, while some rural areas require a 20-mile radius). This study then compiles a set of lower 5- and 10-percent thresholds that might be used to identify "banking deserts" in various urban, suburban, and rural areas; these largely conform to the findings of previous analyses. Finally, adjusting for population density using regression residuals, this paper examines whether an index of economic deprivation is significantly higher in the five percent of "desert" tracts than in the remaining 95 percent. The differences are largest -- and highly significant -- in the densest tracts in large urban areas.

econ.GN

Are the Spatial Concentrations of Core-City and Suburban Poverty Converging in the Rust Belt?

Decades of deindustrialization have led to economic decline and population loss throughout the U.S. Midwest, with the highest national poverty rates found in Detroit, Cleveland, and Buffalo. This poverty is often confined to core cities themselves, however, as many of their surrounding suburbs continue to prosper. Poverty can therefore be highly concentrated at the MSA level, but more evenly distributed within the borders of the city proper. One result of this disparity is that if suburbanites consider poverty to be confined to the central city, they might be less willing to devote resources to alleviate it. But due to recent increases in suburban poverty, particularly since the 2008 recession, such urban-suburban gaps might be shrinking. Using Census tract-level data, this study quantifies poverty concentrations for four "Rust Belt" MSAs, comparing core-city and suburban concentrations in 2000, 2010, and 2015. There is evidence of a large gap between core cities and outlying areas, which is closing in the three highest-poverty cities, but not in Milwaukee. A set of four comparison cities show a smaller, more stable city-suburban divide in the U.S. "Sunbelt," while Chicago resembles a "Rust Belt" metro.

econ.GN