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Economic Self-Sufficiency

Overview

A resident who is economically self-sufficient has the ability to care for themselves and their family without relying on assistance for basic needs. The indicators in this sector measure income levels, poverty rates, and the ability to find employment, affordable housing and food.

The six Economic Self Sufficiency indicators are:

  1. Income
  2. Housing
  3. Homelessness
  4. Employment
  5. Employers
  6. Food Assistance

Current Trend

Forsyth Futures determines the trend of a measure based on data over a 10 year time period. If a trend is going in a desired direction then the trend for that measure is positive, if the trend is moving away from the desired direction it is a negative trend. If data for 10 years past is not available, the trend is based on available years.

 

Trend StatusMeasure
Housing
Percent of Renter Households Burdened by Housing Costs
Median Price-to-Income Ratio (2002 – 2010)
Housing Affordability Index (2008 – 2010)
Homelessness
Number of Persons in Homeless Families
Number of Single Adults who are Homeless
Number of Unaccompanied Youth
Number of Persons who are Chronically Homeless
Number of Veterans who are Homeless
Employment
Unemployment Rate
Number of New Businesses
Number of Jobs Lost
 - Positive Trend  - Negative Trend