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Item A: Comprehensive Plan for Bringing Properties into City
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Item A: Comprehensive Plan for Bringing Properties into City
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Agenda Item Summary
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5/8/2013
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Economic Vitality <br />Economic vitality within our neighborhood can be understood in different ways. How much people <br />earn, the number of people living in poverty, and how much people spend on housing are very im- <br />portant to neighborhood resiliency, growth and the long -term health of our neighborhood. <br />Income is one of the most commonly used measures of economic well -being for individuals and <br />communities. For the census, income includes a person's salary and wages, along with interest, <br />dividends, and other income sources. These sources include periodic income such as unemployment <br />compensation or regular contributions from family members. The three income maps shown here <br />display how income varies within our neighborhood by considering income for individuals (per <br />capita), for households, and for families. Each of these maps has limitations, but provides unique <br />insights into the economic well -being of neighborhood residents. Together, they create a picture of <br />economic vitality, and how it varies within our neighborhood. Per capita income provides a useful <br />way to compare income between geographic areas by identifying the average income for all of the <br />residents within an area. As a measure of economic well- being, it does not take into account how <br />individual incomes vary within a population. It also does not take into account the saving involved <br />when people share households and resources. In contrast, median household income and median <br />family income can help demonstrate this shared savings. <br />The data collected by the census uses geographic areas that have different boundaries than Eugene <br />neighborhood association boundaries. The maps used in this analysis display data for all census <br />block groups that intersect with the neighborhood boundaries. While this is not precise and <br />gives numerous values for the neighborhood, it is useful in understanding how incomes may vary <br />geographically within the neighborhood. <br />Per Capita Income <br />Per capita income is the average income of <br />individuals within a population. The census <br />calculates per capita income by summing the <br />incomes reported for all people 15 years old and <br />over, and dividing this total by the population <br />of each block group. Since it is an average of <br />everyone's incomes, it can be skewed by a few <br />people with very high or very low incomes. <br />Per capita income is a good measure of the <br />concentration of income in a geographic area. <br />17,813 - 24,999 <br />■ 25,000 - 34,999 <br />Per tapir® Inwrne !n the past 12 rn nths IIn 2009 Pnflatlon- <br />adjusted U:S, dollars) <br />Data: U -S. Census Bureau, ACS ZOO5-09JY ble e19502 <br />M <br />n <br />O <br />M <br />O <br />_3 <br />e"F <br />City of Eugene Neighborhood Services — 2011 Neighborhood Analysis — River Road Community Organization 09 <br />Per capita income by blockgroup <br />
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