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Price to rent ratio for every zip code in the US


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2012 Feb 1, 5:02am   31,913 views  60 comments

by Patrick   ➕follow (60)   💰tip   ignore  

Just for kicks, I plotted the average price vs average rent for every zip code in the US from my mostly-Craigslist data set of 4.5 million points.

Pretty cool, but I'm not sure what it means except that there is basically a linear relationship.

Please copy this graph and use it where ever you want, as long as you keep the http://patrick.net URL in the image.

Here's the gnuplot commands I used:

set term gif
set output "price_to_rent.gif"
set size 0.8, 0.8
set label 'From http://patrick.net' at graph 0.01, graph 0.08
set xlabel "Average price in zip code"
set ylabel "Average rent in zip code"
set xrange [0:800000]
set yrange [0:3000]
set title "Average price vs average rent by zip code"
plot "price_to_rent.txt" using 2:3 notitle pt 0

Anyone know how to make the text of the url label lighter, or how to put commas and $ marks on the rents and prices?

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60   Aus1   2012 Feb 15, 8:00pm  

Personally I think that this sort of information would be very useful. The other graph that I think would be great is rent vs the tenant is likely/not likely to destroy your investment property/not pay the rent graph.

Or

Price vs rental rate as it's no point buying a investment if you can't rent it out.

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