CENTURY 21 Lemoneighborhoods
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This document identifies the top "lemoneighborhoods" or ideal locations for lemonade stand success in the US. It analyzes data from Century21.com on factors like temperature, population density, income and education for the top 10 hottest cities. Beverly Hills, Coral Gables and Austin scored highest based on their temperatures, families with kids, and other criteria like tree to hammock ratios. To test the findings, lemonade stands were set up in each area and all generated $32.50 in revenue over 2 hours, confirming the top lemoneighborhood selections. The document recommends using C21.com for related real estate and business research.
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Lemoneighborhood
[lem-uh-ney-ber-hood]
Noun
1. Districts or localities whose demographic makeup, weather patterns and
overall fun quotient make them ideal locations for lemonade-stand success.](https://image.slidesharecdn.com/century21lemoneighborhoods-140827155003-phpapp02/85/CENTURY-21-Lemoneighborhoods-2-320.jpg)
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CENTURY 21 Lemoneighborhoods
- 1. 1 The Statistically* Definitive Guide *not entirely Summer 2014
- 2. 2 Lemoneighborhood [lem-uh-ney-ber-hood] Noun 1. Districts or localities whose demographic makeup, weather patterns and overall fun quotient make them ideal locations for lemonade-stand success.
- 3. 3 Using search tools available on Century21.com and key identifiers* of fun, we identified the top American Lemoneighborhoods. First, we identified the top 10 hottest cities in the country. Then we judged the qualifying towns on a number of criteria available on C21.com. Finally, we assigned additional points depending on each citys fun quotient, as determined by a number of discretionary criteria. METHODOLOGY WEIGHTED FACTORS *Completely subjective
- 4. 4 AVERAGE DAILY TEMPERATURE Source: C21.com
- 6. 6 AVERAGE HOUSEHOLD INCOME Source: C21.com
- 7. 7 FAMILIES WITH KIDS Source: C21.com
- 9. 9 THE FUN QUOTIENT A Lemoneighborhood's C21 Fun Quotient (fQ) is determined using the following proprietary algorithm: In which: a=Average Tree-to-Hammock Ratio b=Annual No. Ice Cream Nights per Capita c=Average Little League Game Attendance d=Frequency of Backyard Barbecues e=Daily Minutes of Running in Sprinkler per Capita fQ = (a + c) - 46 d(b - e) FOR ENTERTAINMENT PURPOSES ONLY NOT AN ACTUAL PROPRIETARY ALGORITHM. ONLY STATISTICS FROM C21.COM ARE RELIABLE AND ACCURATE
- 11. 11 The results of our detailed analysis confirmed our hypothesis: Beverly Hills, Coral Gables and Austin rose to the top as the most promising Lemoneighborhoods in the bunch. BEVERLY HILLS relatively high average HHI and extremely high population density, combined with a high daily sprinkler time average, helped it take the top place among Lemoneighborhoods. A high frequency of barbecues helped secure this position. CORAL GABLES high prevalence of families with children is a strong marker of a good Lemoneighborhood, as is its sweltering average daily temperature. Additional points were awarded for Little League attendance and impressive ice cream consumption average. AUSTINS marks in most categories were on the high side of average, from its educational climate to the toasty average daily temperature. The deciding factor? An incredible tree-to-hammock ratio helped it grab the third-place spot. FINDINGS
- 12. 12 #1 BEVERLY HILLS, CALIFORNIA #2 CORAL GABLES, FLORIDA #3 AUSTIN, TEXAS TESTING OUR FINDINGS We set up lemonade-stands in our top three cities and put our findings to the test.
- 13. 13 9321 BURTON WAY B BEVERLY HILLS, CA 90210 NEIGHBORHOOD: BEVERLY HILLS LEMONADE STAND TIME: 2 HOURS (3:30-5:30 PM) LOCAL LEMON COST: $1.50 EACH TOTAL REVENUE: $32.50 $ $ $ TOP LEMONEIGHBORHOOD #1: BEVERLY HILLS FIELD RESEARCH ASSISTANT: CAMERON J.
- 14. 14 4931 RIVIERA DRIVE, CORAL GABLES, FL 33146 NEIGHBORHOOD: CORAL GABLES LEMONADE STAND TIME: 2 HOURS (3:30-5:30 PM) LOCAL LEMON COST: $0.75 EACH TOTAL REVENUE: $32.50 $ $ $ TOP LEMONEIGHBORHOOD #2: CORAL GABLES FIELD RESEARCH ASSISTANT: KADY S.
- 15. 15 TOP LEMONEIGHBORHOOD #3: AUSTIN FIELD RESEARCH ASSISTANT: SUZIE B. 131 LAKOTA PASS AUSTIN, TX 78738 NEIGHBORHOOD: AUSTIN, TX LEMONADE STAND TIME: 2 HOURS (3:30-5:30PM) LEMON COST: $0.50 EACH TOTAL REVENUE: $32.50 $ $ $
- 16. 16 We recommend all home buyers and lemonade-stand enthusiasts take advantage of the valuable research tools and features available on C21.com. CONCLUSION
- 17. 17 THANK YOU