metropolitan area

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metropolitan area

(1) Generally, any area in or around a city. (2) A concept developed by the federal Office of Management and Budget (OMB) in order to standardize the descriptions of geographical areas so that comparisons of data among various federal agencies could be on an apples-to-apples basis; all data regarding a particular metropolitan area would apply to the same geographical area and the same population density and profile.Today,the concept is called core-based statistical areas,which include metropolitan statistical areas and micropolitan statistical areas. One may find statistical information about each at the Web site of the U.S. Census,

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

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

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 ?
In order to rank the metro areas with the highest share of profitable firms, researchers compared the total number of firms with employees in a metro area to the number of firms in a metro area reporting profits.
The metro areas seeing the largest increase in construction jobs between March 2018 and March 2019 included the Phoenix area, which gained 13,800 construction jobs in the past year for an 11 percent increase; the Atlanta area, which added 7,600 jobs for a rise of 6 percent; and the Dallas area, which added 7,400 jobs for a 5 percent increase.
"To say that if we adopted Florida's tax structure, both downstate and metro areas would suddenly turn around -- it's much more complicated than that," he said.
Of the 54 metro areas surveyed inJanuary 2019, the overall average number of home sales was down 26.1% compared toDecember 2018, and down 11.0% compared toJanuary 2018.
Since 2007, Rochester's real GDP has declined by 0.8 percentranking 89th among the 100 largest metro areas. In contrast, Buffalo's 9.2 percent gain ranked 60th and Albany's 10.8 percent increase was 50th.
Because of the higher number of workers' comp doctors practicing in large metro areas, the physician to patient ratio is generally lower than in smaller metro areas.
An analysis of the nation's 50 largest metro areas reveals a distinction in apartment market performance between business-friendly Sunbelt regions that gained the most people, and older metro areas that gained the fewest people between 2010 and 2017, whether in total population, domestic migration, or immigration.
map of highest and lowest well-being communities generally reflects the pattern found across states, with the lowest well-being metro areas found primarily in the South and then winding north up through the industrial Midwest.
At the same time, middle market companies offer a critical foundation for metro areas looking to maintain or strengthen their economy.
Job growth has varied widely among the state's metro areas since the recession, he said.
But the share of people living in poverty in half of the state's 25 metro areas surpassed the state figure, and roughly half of the state's metro areas saw increased poverty rates in 2016.

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