Table 4.
Area Level Characteristics within Lending Trajectories
| Variable | Overall | Sustained disinvestment | Disinvested | Growing investment | High investment | p value |
|---|---|---|---|---|---|---|
| # of Census tracts | 721 | 317 | 58 | 292 | 54 | |
| Standardized mortality ratio | 1.277 (2.656) | 1.968 (3.124) | 0.817 (1.628) | 0.821 (2.298) | 0.179 (0.607) | <0.001 |
| Probability of RR > 4 | 0.090 (0.204) | 0.145 (0.235) | 0.021 (0.042) | 0.060 (0.190) | 0.002 (0.013) | <0.001 |
| Relative risk | 1.352 (1.736) | 2.047 (1.784) | 0.839 (0.909) | 0.912 (1.671) | 0.197 (0.363) | <0.001 |
| Historic redlining score | 3.241 (0.608) | 3.425 (0.468) | 2.326 (0.325) | 3.401 (0.469) | 2.277 (0.434) | <0.001 |
| Loans per 1000 | 41.749 (35.278) | 24.243 (25.524) | 27.034 (17.960) | 63.493 (37.244) | 42.741 (19.598) | <0.001 |
| Rate spread | 1.338 (1.645) | 1.987 (1.732) | 2.483 (2.113) | 0.500 (0.951) | 0.833 (1.023) | <0.001 |
| % Minoritized Pop. | 68.639 (30.125) | 87.223 (18.909) | 71.364 (28.572) | 53.349 (28.738) | 39.293 (23.342) | <0.001 |
| Racial segregation | 0.389 (0.214) | 0.353 (0.268) | 0.437 (0.173) | 0.342 (0.231) | 0.441 (0.185) | <0.001 |
| Population (2019) | 3,495.394 (1809.748) | 3,429.927 (1693.641) | 4,359.897 (1723.399) | 3,183.421 (1856.054) | 4,638.130 (1603.666) | <0.001 |
| Housing age | 67.105 (13.812) | 68.606 (10.924) | 67.362 (8.041) | 65.613 (17.608) | 66.093 (9.014) | 0.058 |
| Property to loan ratio | 1.216 (1.957) | 1.244 (1.785) | 1.664 (3.780) | 1.123 (1.777) | 1.075 (0.163) | 0.255 |
| Interest rate | 4.711 (0.602) | 4.908 (0.692) | 4.710 (0.741) | 4.516 (0.429) | 4.615 (0.142) | <0.001 |
| Area deprivation | 104.001 (20.067) | 115.651 (13.512) | 105.577 (14.720) | 93.533 (20.558) | 90.531 (15.018) | <0.001 |
Numbers are No. (%) unless otherwise noted. SD standard deviation, IQR interquartile range