An Economic Perspective on Black Hartford’s History & Future Diane L. Smith April 10, 2008.

Slides:



Advertisements
Similar presentations
Halftime Highlights Minnesota at Mid-Decade. Minnesota Ranks 1 st in home ownership 2 nd in labor force participation 3 rd highest in high school completion.
Advertisements

The Dismal Economy Heather Boushey Center for Economic and Policy Research 8 April 2005.
Aging Seminar Series: Income and Wealth of Older Americans Domestic Social Policy Division Congressional Research Service November 19, 2008.
National Center for Higher Education Management Systems 3035 Center Green Drive, Suite 150 Boulder, Colorado The Public Agenda 5 Years Later Illinois.
Fuerza Latina: A Paradox of Success and Hardship Phillip J. Bowman Lecture Institute for Research on Race and Public Policy Sylvia Puente Executive Director.
All Commission Meeting April 20, The Vision & Strategy An accessible community with an appreciation for our environment, trees, hills, ravines,
EBDI Project Area Community Profile 2000 to 2010 Sources: Census 2000, Census 2010, American Community Survey (ACS) year estimates. *Note:
Trends in Income Distribution. Trends in Income Distribution Wealth & Poverty 1.Poverty rose from the late 1970’s until the early 1990’s, both in absolute.
Earning Inequality and Spatial Mismatch in Texas Shujuan Li Geog 406 Instructor: Dr. Bednarz.
Income and Education Statistics. People Quick Facts USA People Quick Facts USA Population, 2005 estimate 296,410,404 Female persons, percent, %
U.S. Median Household Income After falling for five years, inflation-adjusted median household income rose 1.1%, to $46,326.
An overview of the Australian Mining Industry AMN, Thursday 10 October 2013.
Education Pays Education Pays.
Who is ProvPlan? Mission to promote the economic and social well-being of the city, its people, and its neighborhoods. 501(c)3 non-profit created in 1992.
A service of Maryland Health Benefit Exchange Health Care. Women of Color Get It September 8, 2012.
Economic Health and Employment Indicators in North Minneapolis Jeff Matson Steve Peyton Center for Urban and Regional Affairs.
Lecture 2 : Inequality. Today’s Topic’s Schiller’s major points Introduction to Census data.
 Urban Revitalization Professor: Patrick McGuigan Executive Director, ProvPlan Lessons from The Providence Plan PP170.
Southern Regional Education Board SREB Overview of SREB Data Services (direct)
Coastal Bend and State Population % Distribution by Age Groups % Fewer in Working Age Source: US Census.
Measuring Up 2004 Texas. Measuring Up: The Basics Looks at higher education for the entire state, not individual colleges and universities. Focuses on.
Northcentral North Roland Park Roland Park Tuscany-Canterbury Hampden Loyola/Notre Dame Homeland Guilford OverviewNeighborhood Analysis Findings Study.
Total U.S. Federal Lands. Total Percentage of Federal Land Ownership.
CITY OF WENATCHEE PLANNING COMMISSION PUBLIC HEARING SEPTEMBER 9, 2009 COMMUNITY DEVELOPMENT DEPARTMENT Three-Year Housing and Community Development Consolidated.
Progress and Continuing Disparities Race and Ethnicity Population Trends and Policies.
Burnet County Comprehensive Plan. What Is the Comprehensive Plan? This is a county strategic plan that will focus on the areas where the county government.
AN OVERVIEW OF HOW OHIO FUNDS ITS SCHOOLS School Funding Legislative Service Commission April 2015.
Weak Market Cities Detroit: A Ground Level Perspective September 21, 2006 Anika Goss-Foster Senior Program Director Detroit LISC.
Goal 2025: To increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025.
Relative poverty in Scotland decreased in 2013/14 Communities Analysis Division– September 2015 In Scotland, relative poverty, before housing costs, fell.
Northwest Connecticut CEDS Region Demographic & Economic Analyses May 2012.
Southern Regional Education Board SREB Overview of SREB Data Services Joe Marks Director of Education Data Services Alicia Diaz Assistant Director SAIR.
Chapter 2 Poverty and Wealth. Economic Inequality in the United States Social Stratification – system of ranking people in a hierarchy Social Classes.
12/19/11 VISION: Fair distribution of investment burdens and benefits GOALS: Provide neighborhood job opportunities through EcoDistrict projects Enable.
Action Plan Update July 8, Where We Are Community meetings Community Conditions Survey Results Invite Community Leaders Last Action Plan Define.
Additional analysis of poverty in Scotland 2013/14 Communities Analytical Services July 2015.
The Challenge Why Kalamazoo Needs a Well-Coordinated Strategy to Promote Shared Prosperity Prepared by Tim Ready Lewis Walker Institute Western Michigan.
1 Fifth Edition Fifth Edition Economics A Contemporary Introduction William A. McEachern Income Distribution and Poverty Fifth Edition Fifth Edition Economics.
Impact of the Civil Rights Movement Statistics on the Changes.
SACO, formerly known as Pepperellborough named in In 1805 dropped the old name in favor of the ancient Native American name of SACO. QUICK FACTS:
1 Chapter 14 Income Distribution © 2003 South-Western College Publishing.
BULL OR BEAR: The Business Climate in North Carolina.
11 Census Data by School District: Decennial Census and American Community Survey from the Census Bureau and School District Demographics from the US Department.
Visit UMT online at Page 1 of 22 Chapter 14, ECON125 Version © 2007 Thomson South-Western © 2009 UMT Economics for Managers University.
Policies to Aid the Uninsured Michael S. Lawlor Wake Forest University, Dept. of Economics Forum on Pres. Candidates’ Health Plans Slides available on.
Median Family Income, % % $44,568 $20,102 $40,979 $44,284 $41,051.
Who is ProvPlan? Mission to promote the economic and social well-being of the city, its people, and its neighborhoods. 501(c)3 non-profit created in 1992.
Texas Impact Advocacy Camp Revenue Background January 13, 2009 Dick Lavine
Southern Regional Education Board SREB Overview of SREB Data Services Joseph L. Marks Director of Education Data Services SAIR Annual Conference New Orleans,
August 2, FY 2014 City Budget Comparisons2 Population of Largest Cities.
San Jose Demographic Findings and Trends, Census 2010 Michael Bills, Senior Planner City of San Jose.
Community Meeting.  Community Development Block Grant (CDBG)  HOME  Emergency Solutions Grant (ESG)  Housing Opportunities for Persons with AIDS (HOPWA)
Portland Housing Bureau Budget Worksession Presentation Slide 1.
WOODY L. HUNT, CHAIRMAN HIGHER EDUCATION STRATEGIC PLANNING COMMITTEE THE FUTURE OF HIGHER EDUCATION IN TEXAS July 23,
STEVE SELEZNOW | PRESIDENT & CEO Great Poor by Choice: The Power of Leadership 1.
Gentrification is a general term for the arrival of wealthier people in an existing urban district, a related increase in rents and property values, and.
Average Published Charges (Enrollment-Weighted) for Full-Time Undergraduates by Sector,
America at the Close of the 20th Century
City Village Owner Occupied Housing: 12.9%
Trends in College Pricing 2017
Pemberton Hill Strategic Neighborhood Action Plan
Ukraine: Agricultural and Rural Investment Strategy Second Draft June 2005 Review Workshop Kiev, 29 June 2005.
Extreme Poverty, Poverty, and Near Poverty Rates for Children Under Age 5, by Living Arrangement: 2011 The data for Extreme Poverty, Poverty, and Near.
Defining Gentrification
Defining Gentrification
[ 7.6 ] Poverty and Income Distribution
California’s Fiscal Outlook
The Public Agenda 5 Years Later
Washington County: The Challenge Ahead
“There’s More to the Story ”
Presentation transcript:

An Economic Perspective on Black Hartford’s History & Future Diane L. Smith April 10, 2008

General Overview Population Income Housing Education

Changes in Hartford Population In 1950, Hartford’s Population was less than 10% black. By 1990, the population was 40% black, 40% White and 20% Hispanic estimates Hartford’s black population at 37% The city has lost more than a third of its population since 1950

Concentration of Black Population Black population begins and concentrates in north end Figure 1 Black Population 1950 Figure 2 Black Population 1960 Figure 3 Black Population 1970Figure 4 Black Population 1980

Income Distribution Median Income In general, median income for blacks in the US is 67% of whites from 1967 to 1980

Income Distribution Median Income In 2000, Hartford median income was 46% of the state’s median. Hartford black media was just about equal to the city’s level Census data estimates for CT black median income falling to 59% of whites; $70K vs. $41K

Income Distribution Poverty Hartford’s poverty rate in 2006 was 32% compared to the State’s at 8% 26% of Hartford black population lived at poverty income levels

Income Distribution Poverty Geographically - Hartford

Income Distribution Hartford Revenue Hartford receives about 46% of its annual revenues from taxes; another 45% from intergovernmental sources Property tax (residential and commercial) is the source of most of the tax revenue The state provides more than 80% of the intergovernmental funds to the city

Housing Opportunity Historically, blacks occupied the oldest units in the city as well as the largest developments

Housing Opportunity In 1960, about 25% of Hartford’s housing stock had been built in the last ten years By 2000, only 4% of the city’s stock had been built in the last decade. Nearly one third of Hartford’s housing was built before 1939

Housing Opportunity More than half of Hartford’s housing was comprised of single family units in By 2000 that percentage had shrunk to one fifth. Another on fifth of the housing in 2000 were developments of 20, 50 or more units.

Housing Opportunity Homeownership 2000 Hartford (n)BlackWhiteHispanic Single family 6500% Ownership40%43%19% $93,000 Median House Value$91,200$97,400$92,000

Education 41% of Hartford’s student enrollment is black. Hartford’s 3 rd, 4 th, and 5 th graders had the lowest proportion of students meeting goals for reading in the state in the year. The high school graduation rate for Hartford students 2006 was 76% compared to the state rate of 92%. State Dept. of Education reports 38.7% of Hartford adults don’t have a high school diploma.

Education Hartford Expenditures Hartford’s budget includes $261MM for education. A total of 51% of its general fund budget

The Challenge for Black Hartford Access and commitment to wealth building strategies including: –Successful schools and education –Employment opportunities that are economically viable –Homeownership opportunities Public policies and investment that support: –Educational infrastructure responsive to current and future student needs –Strategic economic development including small business development –Neighborhood revitalization Private interest and investment that complement public purpose