Realm Winter 2021 - The Journal for Queen City CEOs

Page 10

THE JUMP

EDUCATION ATTAINMENT 2010 VS. 2020 Percentages of the Cincinnati region’s population (age 25 and older) with a Bachelor’s degree. Source: Emsi Burning Glass Data

2010 2020 16-COUNTY REGION .................. 35.6% ......... 42.9% NON-HISPANIC WHITE............... 36.5% ......... 44.1% BLACK ...................................... 24.5% ......... 30.8% ASIAN ...................................... 68.1%.......... 70.3% HISPANIC OR LATINO ................ 30.6% ......... 30.9% TWO OR MORE RACES ................ 35.1% .......... 41.4%

New data show that the 16-county Cincinnati region’s economic outlook improved in the past decade, with per capita income rising by almost 25 percent and the poverty rate declining by 1.2 percent. At the same time (and likely related), the percentage of adults across the region with a college education increased by more than 7 percent. Unfortunately, home ownership took a hit over the past decade, dropping by 2.7 percent.

PER CAPITA INCOME 2010 VS. 2019 The average annual income per person (all ages). Source: Emsi Burning Glass Data

Statistics provided by the Cincinnati USA Regional Chamber’s Center for Research & Data.

Source: Cincinnati USA Regional Chamber Analysis of 2008-2012 and 2015-2019 ACS 5-year Estimates

HOUSING OWNERSHIP 2010 VS. 2019

2010

2019

55.2%

2019

51.6%

2010

56.2%

2019

54.1%

2010

44.5%

2019

42.5%

2010

66.3%

2019

63.6%

2010

25.3%

2019

33.6%

30.9%

2010

RENTER-OCCUPIED

27.1%

OWNER-OCCUPIED

2010 2019 16-COUNTY REGION .................. $27,725 ....... $34,575 NON-HISPANIC WHITE............... $29,680 ...... $37,484 BLACK ...................................... $17,527 ....... $21,823 ASIAN ...................................... $33,862 ...... $41,021 HISPANIC OR LATINO ................ $17,225 ....... $20,200 TWO OR MORE RACES ................ $11,584 ....... $14,839 POVERTY RATES 2012 VS. 2019 Percentage of people (all ages) whose annual household income is below the federal poverty threshold, which is $24,246 for a family of two adults and two children under 18.

16-COUNTY REGION NON-HISPANIC WHITE

BLACK

ASIAN

44.8%

53.7%

43.8%

43.2%

55.5%

56.1%

33.7%

36.2%

72.9%

74.8%

66.4%

69.1%

Source: Cincinnati USA Regional Chamber Analysis of 2008-2012 and 2015-2019 ACS 5-year Estimates

HISPANIC OR LATINO TWO OR MORE RACES

2012 2019 16-COUNTY REGION .................. 13.4% .......... 12.2% NON-HISPANIC WHITE............... 10.0% ......... 9.1% BLACK ...................................... 32.4% ......... 27.5% ASIAN ...................................... 10.1% .......... 10.9% HISPANIC OR LATINO ................ 30.3% ......... 26.3% TWO OR MORE RACES ................ 26.4% ......... 23.4%

POVERTY RATE MOVEMENT BY COUNTY 2012 VS. 2019 Here’s how the poverty rate increased or decreased in the Cincinnati region’s 16 counties. Source: Cincinnati USA Regional Chamber Analysis of 2008-2012 and 2015-2019 ACS 5-year Estimates

BROWN COUNTY

BUTLER COUNTY

CLERMONT COUNTY

HAMILTON COUNTY

WARREN COUNTY

BOONE COUNTY

BRACKEN COUNTY

CAMPBELL COUNTY

GALLATIN COUNTY

GRANT COUNTY

KENTON COUNTY

2.5%

-1.1%

-1.3%

-1.3%

-1.8%

-1.1%

-0.2%

1.1%

-5.4%

0.9%

-1.7%

8 REALM WINTER 2021

PENDLETON DEARBORN COUNTY COUNTY

1.6%

1.0%

FRANKLIN COUNTY

OHIO COUNTY

UNION COUNTY

-4.8% -1.6% -5.5%


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