The demographics and psychographics for indoor malls, open-air shopping centers, and outlet malls have both similarities and differences, according to an analysis by Placer.ai.
In all three mall types, the median household income was higher than the national median average of $69.5K. However, open-air shopping centers clearly attracted the highest income visitors at $87.8K. In addition, the open-air shopping centers also had the lowest number of households with children and the highest share of singles (one-person and non-family households).
On the other hand, outlet malls had visitors with an average household income of $73.9K. Outlet malls also had the highest number of households with children and the lowest share of single households, too.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
