How are the prices for Neighborhood NFTs calculated?

Neighborhood NFT pricing is based upon population and population density. The Neighborhood postal codes with the largest populations and highest densities have more individual addresses and larger and more notable addresses, both positive indicators of value. 

Neighborhood NFT custom pricing formula:

Price = Base Price + [(Population/1000) * Population Price Increase %] + [(Density/1000) * Density Price Increase %]

Base Price: 0.5
Population Price Increase %: 2.00%
Density Price Increase %: 2.00%

• Density is defined as the postal code population per square km
• To review population and population density data, please refer to Simple Maps.