ECONOMIC CAPACITY
In order to flourish, people need access to a job that pays a living wage.
Vanderburgh County Unemployment Rate
Since peak unemployment in 2010, the rate has dropped to a very healthy 3.2%, following national trends.
$49,522/YR
is considered a "living wage" for a family of four
$36,956/YR
is the area median income for Evansville households
$24,622/YR
is what a family living in poverty might make in a year
Average Household Income Per Socioeconomic Status
25% of Evansville residents live in poverty.
That's about 27,000 people. The national poverty rate is 12.3%. Most of Evansville's poverty is concentrated within neighborhoods close to the urban core.
40% of Evansville residents live paycheck to paycheck.
This means that while their basic expenses are covered, they can't afford to save money, and one unexpected expense (like a medical bill or automotive repair) could threaten their financial stability.
10.3% of Evansville households earn less than $10,000 per year.
Workforce Education Levels
89.9%
of Vanderburgh County adults have a high school diploma or higher (age 25 & up)
20.7%
of Vanderburgh County adults have a bachelor's degree or higher (age 25 & up)
