EOA.D.7_Ratio of residents whose income is less than 60 percent median family income (MFI) residing in the City of Austin to residents whose income is less than 60 percent MFI residing in the Greater Austin Metropolitan Statistical Area
Description
This is a historical measure for Strategic Direction 2023. For more data on Austin demographics please visit austintexas.gov/demographics.
Austin's share of regional households whose income is less than 60% of Median Family Income and the change since 2016. Austin's share of regional households whose income is less than 60% of Median Family Income and the change in that share since 2016. This metric helps us to understand where low income households live in the Austin area since some lower income households may be forced to move from the city to the outskirts in order to seek more affordable housing opportunities. The data source for this measure is the U.S. Census Bureau's American Community Survey 1-Year Estimates, table S1901. The percentage of all Austin MSA households whose income is less than 60% median family income (MFI) within the City of Austin was calculated by dividing the number of households whose income is less than 60% MFI in Austin by the number of households whose income is less than 60% MFI in the Austin MSA.
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