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4.4 Estimated Households by Income Class Template

What help does the free business plan template for Estimated Household by Income Class provide when writing a business plan for an mortgage broker business?

Households by Income class gives the reader of the business plan for the mortgage broker business an insight into what the target market is for Real Estate Funding Solutions This table gives a strategic overview of the potential market place for Real Estate Funding Solutions and tells the prospective lender, venture capitalist or business partner, what its chances of success are in Monroe County, New York.

What is the data source for the Estimated Households by Income Class for Real Estate Funding Solutions in Monroe County, New York?

The data source for the Estimated Households by Income Class for Real Estate Funding Solutions comes from the American Community Survey which is available at www.census.gov The American Community Survey is a nationwide survey conducted annually as opposed to the typical census that is done every ten years and it has many components that are used in Business Plan writing. We highly recommend that all small business plans for the mortgage broker business include at the table for Estimated Households by Income Class Once you get to the American Community Survey page, look for the subject tables under Main > Data Sets > Geography > Tables. You can get data on Income for households at the county, state or national level.

The American Community Survey (ACS) is a survey conducted by the U.S. Census Bureau in every county of the country including of course Monroe County, New York. The ACS provides critical economic, social, demographic and housing information on this countries communities every year. Only a small sample of folks are selected to participate in the American Community Survey conducted annually. The data for business plans on mortgage broker business are provided in the form of tables that can give a quick overview of the target market of Monroe County and is completely free to access from the websites of the census bureau at www.census.gov. In order to access the data directly from the ACS survey, you can also go to www.factfinder.census.gov

What is the cost of the data for Estimated Households by Income Class for Monroe County, New York?

The data for estimated households by income class is available completely free. The American Community Survey is a part of the Census and is paid for by your tax dollars. Most government sources do however recommend that if you decide to use their data, that you give them a mention by letting your readers know the source of the data.

What manual and automatic calculations have to be done to get the final output from this free business plan template on Estimated Households by Income Class on Real Estate Funding Solutions?

The calculations for this template are all done by us. All you have to do is to get the data and input in as indicated in the template. Our formulas will do the rest - its that easy! The chart that denotes the income distribution for Monroe County, New York or your target market, will automatically update and all you have to do is to go to the output area, copy and paste it into your word document that contains the business plan.

Quick Links:

  1. Go to the Corresponding Questionnaire section for this industry.
  2. Go to the Corresponding Business Plan section for this industry.

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