core-based statistical area

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core-based statistical area (CBSA)

A concept developed by the federal Office of Management and Budget in order to standardize geographic and population descriptions so that data from one federal agency may be reliably related to data from another federal agency without having to
recheck definitions used by each agency. In the Year 2000 census definitions by the United States Census Bureau,a core-based statistical area is a functional region based around an urban center of at least 10,000 persons.These definitions replace the Year 1990 census definitions of metropolitan area,metropolitan statistical area,and consolidated metropolitan statistical area, although the older terms are still used in common parlance.CBSAs are further grouped as follows:

• Metropolitan statistical area. Contains at least one urbanized area of 50,000 people or more.

• Micropolitan statistical area. Contains at least one urbanized area and a population of
     10,000 to 50,000 people.

• Metropolitan divisions. Divisions in metropolitan statistical areas with a single core of 2.5
     million people or more.

• New England city and town areas (NECTAs). Geographic areas defined by cities and towns
     in New England, but still segregated according to the 50,000 people per size cutoff.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
It evaluates variation in hospital service areas, hospital referral regions, and metropolitan core-based statistical areas, and the geographic variation in spending, utilization, and quality across various populations, payers, and geographic units; known factors that account for variation, such as patient health status and demographic characteristics, health plan, and price and market factors; and the types of services with disproportionately high rates of variation that drive total variation.
CoreLogic detailed the total number of properties at risk of storm surge for each of the five hurricane categories, as well as their accompanying RCV totals, for the Core-Based Statistical Areas (CBSAs) located along the North Carolina, South Carolina and Virginia coasts that could potentially be affected.
(3) Substate LMAs for which the Bureau of Labor Statistics (BLS) produces estimates can be broadly classified into two groups: Core-Based Statistical Areas (CBSAs), defined by the U.S.
Black Knight examined the cash share of residential real estate transactions in core-based statistical areas (CBSAs).
The top Core-Based Statistical Areas (CBSAs) at risk for storm surge are identified as Miami, New York City, Tampa, New Orleans and Virginia Beach.
The top 10 core-based statistical areas (CBSAs) that the valuation firm considers the best markets for single-family homes in October included frontrunner Bellingham, followed by: Boise City, ID; Modesto, CA; Mount Vernon-Anacortes, WA; Portland-Vancouver-Hillsboro, OR/WA; Sacramento-Roseville-Arden-Arcade, CA; San Jose-Sunnyvale-Santa Clara, CA; Seattle-Bellevue-Everett, WA; Stockton-Lodi, CA; and Vallejo-Fairfield, CA.
Of the top 100 core-based statistical areas measured by population, only eight showed year-over-year price declines in the May data.