8 jarring facts about income and housing in Philadelphia.

The below facts have been identified through research of The Development Without Displacement Campaign of which The Point Breeze Organizing Committee is a proud member.

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1.  37% of Philadelphia households today earn less than $25,000/year

2.  42% of renters in the year 2000 paid too much of their income on rent.**

3.  52% of renters in the year 2012 paid too much of their income on rent.

4.  Every Council District has at least 45% of households that pay too much on rent.

5.  In North Philadelphia, from 2000-2012, incomes decreased by 6%.  At the same time, the average sale price of a house increased by 200%

6. In West Philadelphia, from 2000-2012, the average rent increased by 19%. In that same period, income decreased by 11%

7.  In South Philadelphia, from 2000-2012, the average cost of a house increased by 184%.  In that same period income increased by 4%. *^

8.  In South Philadelphia, from 2000-2012, the racial composition became 29% less Black.

**Too much is defined as more than 30% of their income.

*^ As is suggested by looking at fact #7 & #8 next to each other, even though there was an income increase in the district, there is unfortunately no reason to believe, that the income increase was experienced by long-term residents, rather it appears the new composition accounted for the increase in income level.

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