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23223

February 27, 2016 8:12 am by

Bourse Lam’s recent The Recovery’s Geographic Disparities looks at post-recession rising wealth and income disparities by zip code. 23223 comes in just outside the worst 20%, though even this position is tempered by the economic health of the southern end of the area.

From the article

A new report by the Economic Innovation Group, a nonprofit focused on researching and advocating on America’s economic challenges, confirms this duality. The report looks at how the nation’s poorest communities have fared during the recovery and it finds that for these places, the recovery is a distant phenomenon, something taking place far away. Wealthy communities, by contrast, have been booming.

EIG’s analysis examined economic conditions in 25,000 zip codes and mapped them onto their Distressed Communities Index. Seven factors were used to determine whether a community is distressed: the number of adults without high-school degrees, the prevalence of vacant houses, the number of adults not working, the poverty rate, how the medium income measures up against the state’s median, and whether business and job opportunities were disappearing. Taken together, this offers a more comprehensive view of an area’s economic health than evaluating just one of those factors.

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23223

Population 48,020
Density High
No High School Degree 20%
Housing Vacancy Rate 13%
Adults Not Working 45%
Poverty Rate 28%
Median Income Ratio 57%
Change in Employment 5.9%
Change in Businesses 5.9%
Distress Score 77.2
Distress Rank 5985 of 26290

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