Economic Stability
Strengthen financial security and reduce economic hardship
50.5 % Of renters spend 30 % or more of income on rent.
35.4 % Of households are ALICE.( ALICE: Asset Limited, Income Constrained, Employed)
Economic stability is foundational to health. In Washoe County, persistent affordability pressures, housing costs, and income disparities undermine the ability of many residents to maintain good health, even when health services are nominally available.
Secondary Data Findings
The Economy topic received a secondary data score of 1.42 out of 3— the highest-scoring Quality of Life topic in the county. Key indicators of concern include:
• Median household gross rent: $ 1,507( score: 2.82)— among the highest nationally
• Mortgaged owners median monthly housing costs: $ 2,054( score: 2.82)
• Food insecure children likely ineligible for public assistance: 40.0 %( score: 2.53)
• Overcrowded households: 4.2 %( score: 2.35)
• Renters spending 30 %+ of income on rent: 50.5 %( score: 2.29)
• Homeless persons rate: 342.4 per 100,000( score: 2.03)— above state( 307.8) and national( 226.8) rates
• ALICE households( Asset Limited, Income Constrained, Employed): 35.4 %
Despite a county median household income of $ 85,240— higher than state and national averages— the high cost of living in Washoe County means that income does not translate to financial security for a significant portion of the population.
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