A distributed system is disclosed for mining, correlating and analyzing locally obtained traffic video data. The system comprises a central controller configured to correlate traffic counting meta data gathered at a thoroughfare, to transmit control information to specify one or more traffic counting events to be monitored by at least one video unit located at the thoroughfare and to receive traffic counting meta data from the at least one video unit. The at least one video unit located at the thoroughfare, is configured to process a video stream from a video camera while monitoring the traffic counting events at the thoroughfare specified by the central controller, to analyze and evaluate the traffic counting event, to encode traffic meta data characterizing the analysis, and to transmit the meta data to the central controller. Further meta data can be acquired by mining the meta data history or any captured raw video footage.