Table 14 Correlations between the number of doctors affiliated with a hospital and home price volatility
From: The impact of colleges and hospitals to local real estate markets
Subset | Pearson Correlation | p-value |
|---|---|---|
ZIP codes with a hospital | 0.135 | < 1 × 10−5 |
ZIP codes with a hospital with fewer than 1000 affiliated doctors | 0.144 | < 1 × 10−5 |
ZIP codes with a hospital and home prices below the national ZIP code average | − 0.152 | < 1 × 10−5 |
ZIP codes with a hospital and home prices above the national ZIP code average | − 0.108 | 0.0052 |
ZIP codes with a hospital and a population above the national ZIP code average | 0.103 | < 1 × 10−5 |
ZIP codes with a hospital and population density below the national ZIP code average | 0.113 | 7.6 × 10−5 |
ZIP codes with a hospital and population density above the national ZIP code average | − 0.106 | 0.000537 |