Median Household Income

In Business Prosperity, Education & Informed Community Members, Equity, Individual & Family Prosperity, Quality Housing, Thriving Kids by Liza

The content for your Tab goes here. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque pretium, nisi ut volutpat mollis, leo risus interdum arcu, eget facilisis quam felis id mauris. Ut convallis, lacus nec ornare volutpat, velit turpis scelerisque purus, quis mollis velit purus ac massa. Fusce quis urna metus. Donec et lacus et sem lacinia cursus.

Household income is the most significant factor in determining its members’ ability to meet their basic needs, including food, housing, and childcare. Moreover, low household income increases the likelihood that a household will be dependent on programs and social services that provide rent or food assistance. Household income also impacts the health and educational attainment of families and the ability to afford quality housing in safe neighborhoods. Children growing up in households with low household incomes are at greater risk of reduced academic success and poor health. Median household income can be used to assess issues of equity across geographies and disparate communities.