Neighborhood Typology

The main purpose in developing a market oriented neighborhood typology analysis is to characterize the market dynamics of each neighborhood for the purposes of adopting effective market appropriate revitalization strategies.

Neighborhood Typology

A quantitative measure of a neighborhood’s condition based on five statistics:

• median household income
• owner occupancy
• percentage of mortgages that are subprime
• total number of foreclosures over defined 18-month time period
• percentage of total parcels in Youngstown containing either a vacant lot or vacant structure

The combination of these statistics places a neighborhood under one of three typologies; each typology utilizes a specific intervention strategy:

• stable typology with protective intervention
• transitional/intermediate typology with revitalization intervention
• distressed typology with redirection intervention

Asset and Capacity Inventory

A qualitative measure based on a neighborhood’s:

• assets – parks, new schools, and art and cultural institutions
• capacity – neighborhood groups and other stakeholder institutions

This indicates existing assets from which to build and the potential of resident participation in a neighborhood being considered for development.