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HOUSING STABILITY

In order to flourish, people need a safe, affordable place to live.

Housing Availability

Evansville has a high amount of old, failing houses, which often come with high utility bills, making it difficult for residents to find a home that's safe, affordable, and available. 

In 2013, the 9th Annual Demographia International Housing Affordability Survey reported that Evansville had the most affordable housing market of any city with less than 1,000,000 people in the world.

While this designation was an honor for our city, the Sustainable Evansville Area Coalition noted that "blight, high vacancy rates, and dilapidated housing stock" is the reason we scored so high.

 

Evansville's foreclosure rate is

40%

higher than

the national average

 

What is affordable?

In order for a household to be affordable, the monthly rent or mortgage must be less than 30% of the renter or owner's gross annual income.
Image by Remy Gieling
In Vanderburgh county, a full-time worker must earn  $14.79 an hour  in order to afford a  2-bedroom unit. 

Affordable rent for a fulltime minimum wage worker is

$377

per month

Average rent for a 2-bedroom apartment in Evansville is

$769

per month

Hours of Work Needed at Minimum Wage
to Afford Market Rent

A minimum wage worker would have to work

82 Hours

per week to afford

a 2-bedroom unit

 
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Homelessness

Evansville’s Point in Time Count has shown a 14% drop since 2014, but 427 people still experience homelessness on an average night.  

With 1 in every 4 people experiencing poverty, homelessness continues to be a challenge for our city. According to the individuals surveyed in 2018, a lack of affordable housing was the number one reason for their circumstance.

Mental illness

About 1 in every 4 (109) of those in the 2018 Point in Time Count reported having a serious mental illness.

Foster Care

25% of former foster care youth experienced homelessness at some point in the last 4 years. 

 

Housing Stability

& Poverty

While poverty exists across Evansville, households in poverty tend to be concentrated to particular neighborhoods.

Neighborhoods hold major influence over the socio-economic status of a household. They contain the systems, structures, opportunities, barriers, assets, challenges, and many of the conditions that effect financial well-being. 

 

Percentage of Households in Poverty
Across Census Tracts

72% of adults in poverty &

78% of kids in poverty

are concentrated in

40% of the city.

"Evansville’s rate of foreclosure is 40% higher than the national average, and many of the homes that fell into foreclosure were the lower priced homes in the urban core, owned by lower income persons who...were forced to abandon their properties." 
Department of Urban Development
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Contact

1 Main Street, Suite 603

Evansville, IN 47708

info@forevansville.org

(812) 575-0615

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