![]() Founded in 2015 by Demi and Jason Oche, One Powerhouse serves a predominantly African American population, although its services are open to anyone seeking assistance. The highest-paid job sectors in the region such as technology and finance are dominated by white workers.įor these reasons, one nonprofit organization is striving to lift up low-income Black households in the Atlanta area. An estimated 18.5% of Atlanta residents live in poverty, while the national average is 12.8%.Īs the city has become more white in recent years, income inequality has only increased, putting economic mobility out of reach for a large swath of low-income families in the metro area. Meanwhile, the poverty rate in Atlanta is 44.53% higher than the U.S. About 70% of Black families in Atlanta are considered “liquid asset poor” compared to 22% of white families. ![]() The report found that the median income for a Black family in the city is just $28,105 compared to $83,722 for a white family-a nearly 3-to-1 ratio. With relatively low cost of living and plentiful opportunities for high-wage earners, it’s no surprise that Atlanta has become the third fastest-growing metro area in America.īut when you peel back the layers a bit, you begin to see a more complicated picture of prosperity.Ītlanta leads the nation in income inequality and economic mobility, according to a report by the Atlanta Wealth Building Initiative (AWBI). With African Americans making up approximately 48% of the population, the city boasts a significant Black middle and upper-middle class. made it the cradle of the Civil Rights Movement. To learn more about Chicago's middle class, read the other posts in the series.Atlanta has long been known as “Black Mecca” - a thriving center of African-American wealth, higher education, power, and prosperity. If all are affected, how should we all respond? We look forward to sharing the first of our findings this fall. Those who live far from the city or far from its most struggling neighborhoods may not think this affects them, but the more we learn, the more indications we find that this is a comfortable fallacy. As we study the cost of segregation, we find indications that the further apart we live by class and race, the harder it is for our economy to thrive. As my colleague Alden’s closer look at suburban municipalities suggests, the region’s long-standing segregation patterns are holding firm, while communities of color are struggling the most with population loss. The city of Chicago may get the bulk of the headlines, but it isn’t the only municipality in our region dealing with segregation. In the case of suburban Latinos, though, with a relatively strong presence in the north, northwest, and west suburbs, this trend is much less stark than for city-dwelling Latinos. ![]() What’s the upshot? Patterns I covered in my city-only analysis hold true for the region as well: People of color living in middle class census tracts are much more likely to be surrounded by low-income census tracts than is the white middle class. By 2010, there were 26 majority black and 13 majority Latino cities, towns and villages.”
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