Page 9 - Cuero, TX Downtown Plan
P. 9

Cuero Consumer Profile

                                                5-mile               10-mile               15-mile
                 Population                      9358                11,100                 15,623

                 Average Disposable Income     $36,190               $37,274               $38,648
                 Median Household Income       $30,876               $33,650               $35,825

                 Percent Homeownership           68%                  71%                   75%

                 Average Home Value            $67,642               $73,137               $75,623
                 Number of Households            2917                 3656                  5421

                 Avg Household Size              2.56                 2.55                  2.53

                                            Average Household Expenditures/Year
                 Apparel                         $955                 $980                  $1013

                 Food                           $4922                 $5071                 $5230

                 Entertainment/Recreation       $2092                 $2172                 $2260
                 Restaurants                    $1995                 $1999                 $2064

                 Household Furnishings          $1087                 $1126                 $1172
                 Retail Goods                  $16,046               $16,602               $17,179

                 TV, Video, Audio                $793                 $815                  $838

                 Source: ESRI Business Analyst 2012



               Retail Leakage and Surplus
                                                                  Cuero Trade Area
               For the purposes of this study, the primary trade
               area was conservatively estimated to be about 10   Gonzales County           Lavaca County
               miles around Downtown – less than half the distance
               to Victoria. Within this area, data is available for
               approximately 35 different retail segments as shown
               in the graph on the following page. Overall this area
               has a retail surplus of about $3.6 million – meaning
               that it already relies significantly on outside spending.
               Looking deeper into the data, however, reveals that the
               area sells well above “par” in only a few key segments                 5 mi. 10 mi. 15 mi.
               such as autos ($1.9 million), gasoline ($4.5 million),
               and general merchandise department stores ($3.8
               million), which collectively tend to skew this aggregate
               figure.  Somewhat smaller surpluses exist in groceries   DeWitt County
               ($926,000) and sporting goods/hobby ($253,000).                              Victoria County
               While the area exhibits a gross trade surplus, there
               are far more potentially under-served segments where
               there is net leakage than the converse. In particular,
               there is a significant leakage of electronics and              Goliad County          Victoria
               appliances ($1 million), building materials and garden



                                                                                               ADOPTED 03.04.13         9
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