Economy

 

The capacity of local small businesses and corporations to provide important customer goods and services, employment opportunities, and healthy wages is essential. Additionally, how different populations relate to income, wealth, and economic opportunity are key indicators of how well families can meet their needs sufficiently and how well communities can support them equitably.

IndicatorMeasure
EmploymentEmployment rate
HomeownershipOwner-occupied homes
Housing BurdenHousing costs for residents is at least 30% of individual income
Income by QuintileIncome by quintile
Income InsufficiencyEarnings, estimated expenses
Median Household IncomeMedian household income
Median WagesMedian hourly wages for a typical worker
PovertyPercent of residents living below the poverty threshold