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Table 10 Correlations between the number of students enrolled in a university and home price appreciation

From: The impact of colleges and hospitals to local real estate markets

Subset

Pearson correlation

p-value

ZIP codes with a university

0.132

0.000864

ZIP codes with a university and home prices below the national ZIP code average

0.136

0.0063

ZIP codes with a university and home prices above the national ZIP code average

0.115

0.0822

ZIP codes with a university and a population above the national ZIP code average

0.134

0.00126

ZIP codes with a university and population density above the national ZIP code average

0.107

0.0359