The Economic Equity Dashboard identifies 22 indicators across several focus areas that illustrate the inequities that exist across the city and broadly within metro Detroit by race/ethnicity as well as by geography.
Updated indicators show the following:
- There was improvement in capital access for small businesses, vacancy rates, the homeownership rate and cost burden by income.
- Median household income and average home values remained steady, hampering upward mobility into the middle class.
- Job growth, the labor market, life expectancy and educational competency weakened in the city, highlighting persistent and growing inequities that show the hard-hitting impact of the pandemic, particularly for Black Detroiters.
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