Page 28 - KCMO Parks Master Plan 2032
P. 28

RECREATION




        MARKET
                                    PROFILE
        MARKET PROFILE




              Beyond median age and income, examining           a significant consistency is observed among
              household budget expenditures is crucial.         median household income, household budget
              Analyzing average household spending on items     expenditures, and recreation spending potential.
              like shelter, utilities, fuel, public services, and
              entertainment offers insight into the cost of living   Based on data from the National Sporting Goods
              and spending habits in the service areas. Figure   Association’s 2020 Survey and the Spending
              2.13 below compares this information across the   Potential Index for Entertainment & Recreation,
              service areas.                                    our team gathered information on Sports and
                                                                Leisure Market Potential. The information in
              Consistency between median household              Figure 2.15 illustrates participation rates for adults
              income and household budget expenditures is       in outdoor activities. This data shows that adults’
              noteworthy. It also indicates that, compared to   overall propensity to participate in activities
              the national level, spending in Kansas City is less,   exceeds the national index of 100 in 10 out of 23
              but similar to the state level. This suggests the   activities. Often, when a participation number is
              potential affordability of programs and services at   lower than the national average, primary factors
              various recreation facilities.                    include a lack of facilities or an inability to pay for
                                                                services and programs.
              Utilizing data from the 2018 and 2019 Consumer
              Expenditure Surveys by the Bureau of Labor
              Statistics, our team analyzed households’ overall
              tendency to spend on recreation activities. This
              data is presented in Figure 2.14. Once more,



                      Figure 2.13: Annual household budget expenditures and spending potential index (SPI)

































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