Racial Wealth Divide in South Bend_ProsperityNow_Final_Rev

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11 11 The Racial Wealth Divide in South Bend SEPTEMBER 2017 11For more information, visit www.prosperitynow.org For more information, visit www.prosperitynow.org DATA MEASURES & SOURCES Data Measure Measure Description Source Population DemographicsTotal Households Total number of households U.S. Census Bureau, 2011-2015 American Community Survey Total Population Total population U.S. Census Bureau, 2011-2015 American Community Survey Population with Disability Percentage of population living with a disability U.S. Census Bureau, 2011-2015 American Community Survey U.S. Citizenship Rate Percentage of population that are U.S. citizens U.S. Census Bureau, 2011-2015 American Community Survey Speak English Less Than "Very Well"Percentage of population that speaks English less than "very well"U.S. Census Bureau, 2011-2015 American Community Survey Household FinancesMedian Household Income Median household income in the past 12 months U.S. Census Bureau, 2011-2015 American Community Survey Income Poverty Rate Percentage of all families with income in the past 12 months below the federal poverty threshold U.S. Census Bureau, 2011-2015 American Community Survey Asset Poverty Rate Percentage of households without sufficient net worth to subsist at the poverty level for three months in the absence of income Estimates calculated by Marin Economic Consulting, based on U.S. Census Bureau's 2014 Survey of Income and Program Participation, Wave 1 (2013) and 2011-2015 American Community Survey Liquid Asset Poverty Rate Percentage of households without sufficient liquid assets to subsist at the poverty level for three months in the absence of income Estimates calculated by Marin Economic Consulting, based on U.S. Census Bureau's 2014 Survey of Income and Program Participation, Wave 1 (2013) and 2011-2015 American Community Survey Households with Zero Net Worth Percentage of households with zero or negative net worth Estimates calculated by Marin Economic Consulting, based on U.S. Census Bureau's 2014 Survey of Income and Program Participation, Wave 1 (2013) and 2011-2015 American Community Survey Employment & Business OwnershipLabor Force Participation Rate Percentage of civilian labor force who are employed or unemployed but actively searching for employment U.S. Census Bureau, 2011-2015 American Community Survey Unemployment Rate Percentage of civilian labor force who are unemployed but actively searching for employment U.S. Census Bureau, 2015 American Community Survey Businesses Without Paid Employees Percentage of total businesses that do not employ paid workers U.S. Census Bureau, 2012 Survey of Business Owners Business Value Average sales or reciepts earned per firm U.S. Census Bureau, 2012 Survey of Business Owners Housing & HomeownershipHomeownership Rate Percentage of occupied housing units that are owner occupied U.S. Census Bureau, 2011-2015 American Community Survey Median Property Value Median value, in 2014 dollars, of owner-occupied housing units.U.S. Census Bureau, 2011-2015 American Community Survey Cost Burdened Renters Percentage of renter-occupied units spending 30% or more of household income on rent and utilities U.S. Census Bureau, 2011-2015 American Community Survey Cost Burdened Owners Percentage of mortgaged owners spending 30% or more of household income on selected monthly owner costs U.S. Census Bureau, 2011-2015 American Community Survey Educational AttainmentHigh School Degree or higher Percentage of population 25 and older who have a high school degree, GED or alternative degree only U.S. Census Bureau, 2011-2015 American Community Survey Bachelor's Degree Percentage of population 25 and older who have at least a bachelor's (4 year college) degree U.S. Census Bureau, 2011-2015 American Community Survey Graduate or Professional Degree Percentage of population 25 and older who have a graduate or professional degree U.S. Census Bureau, 2011-2015 American Community Survey