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23_10_31_Batch3_Testimony
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Last modified
11/2/2023 4:06:15 PM
Creation date
11/1/2023 3:56:02 PM
Metadata
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Template:
PDD_Planning_Development
File Type
MA
File Year
23
File Sequence Number
5
Application Name
River Road-Santa Clara Neighborhood Plan
Document Type
Public Testimony
Document_Date
10/31/2023
External View
Yes
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Median household <br />income is higher in <br />the River Road/Santa <br />Clara Area than the <br />city and region. Over <br />25% of households <br />earn $75,000 or more <br />per year. <br />Renters tend to have <br />lower median household <br />incomes than <br />homeowners. More than <br />three-quarters of <br />households in River <br />Road/Santa Clara area <br />earning $50,000 per <br />year or more are <br />homeowners. <br />MEDIAN HOUSEHOLD INCOME BY GEOGRAPHY <br />Source: Census Bureau, ACS 2013-2017 <br />$56,9598 $47,489 $47,208 <br />River Road/Santa Clara Eugene Eugene - <br />Area Springfield region <br />INCOME DISTRIBUTION BY TENURE, RIVER ROAD/SANTA CLARA AREA <br />Source: Census Bureau. ACS 2013-2017 <br />> $150,000722 <br />� <br />61 <br />$100,000 -$149,999 207 1,520 <br />$75,000 - $99,999 NMr�579�� 1,495 <br />$50,000- $74,999 2,190 <br />753 <br />$25,000 - $49,999 1,914 <br />1,182 <br />< $25,000 1,275 <br />1,393 <br />0 500 1,000 1,500 2,000 2,500 <br />■ Homeowners ■ Renters <br />1,600 existing renter <br />MAXIMUM AFFORDABLE MONTHLY RENT AT 30% OF INCOME FOR <br />households in the River <br />EXISTING RENTER HOUSEHOLDS IN RIVER ROAD/SANTA CLARA <br />Road/Santa Clara area can <br />AREA <br />Source: ECONorthwest analysis of Census Bureau, ACS 2013-2017 <br />afford to pay at least $1,250 <br />per month in rent. <br />$2,500 268 <br />ki <br />This includes all renter <br />households earning $50,000 or <br />more. <br />$1,875 847 <br />o' <br />$1,250 1,600 <br />c ■ <br />0 <br />2t <br />$875 . 2,284 <br />Number of existing renter households that can afford this <br />rent (at or below 30% of income) <br />■HH income > $100,000 ■HH income $75,000-$99,999 <br />HH income $50,000-$74,999 ■HH income $35,000-$49,000 <br />8 Median household income estimated for River Road/Santa Clara using 2013-2017 ACS census data and by <br />calculating a weighted average for census tracts in the study area, weighted by the number of occupied housing units <br />(table b25002). <br />ECONorthwest <br />18 <br />191 <br />
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