Food and Beverage Stores Health and Personal Care Stores General Merchandise Stores Transportation, Warehousing, and Utilities Information Financial Activities Finance and Insurance Depository Credit Intermediation Professional and Business Services Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative/Support and Waste Services Employment Services Education and Health Services Ambulatory Health Care Services Hospitals Leisure and Hospitality Accommodation and Food Services Accommodation Food Services and Drinking Places Other Services Total Government Federal State Local
19,400 5,800 13,600
20,200 5,200 14,000
800 600 400
4.1% 10.3% 2.9%
13,000
12,600
400
3.1%
10,700 42,700 24,700 5,800 116,200
9,300 42,100 24,200 5,800 106,300
1,400 600 500 0 9,900
13.1% 1.4% 2.0% 0.0% 8.5%
49,100
46,500
2,600
5.3%
11,600
11,300
300
2.6%
55,500
48,500
7,000
12.6%
16,400 104,400 44,200 20,300 88,800 69,500 11,300 58,200 32,900 60,800 6,900 11,100 42,800
14,200 97,500 41,700 20,500 67,500 51,000 6,100 44,900 29,700 59,600 6,900 11,900 40,800
2,200 6,900 2,500 200 21,300 18,500 5,200 13,300 3,200 1,200 0 800 2,000
13.4% 6.6% 5.7% 1.0% 24.0% 26.6% 46.0% 22.9% 9.7% 2.0% 0.0% 7.2% 4.7%
Source: Florida Department of Economic Opportunity, Current Employment Statistics July 2020
Cost-burdened Households Palm Beach County and many of its municipalities have an excessively high concentration of cost-burdened households with a rising percentage of cost-burdened and “severely” cost-burdened renter households. According to 2018 ACS estimates, 30.5 percent of owner households (114,838 owners) and 56.6 percent of renter households (97,368 renters) in Palm Beach County are cost-burdened. Significantly, 29.8 percent of renters (51,282 renter households) are “severely” cost-burdened, paying more than 50 percent of their income on monthly housing costs. The number of severely cost-burdened renter households is expected to increase significantly in the post-COVID economy absent renter assistance. Based on job loss calculations by occupation, housing tenure, and existing renter cost burdened percentages, initial estimates for Palm Beach County performed by the Jorge M. Perez FIU Metropolitan Center show a potential 53.3 percent increase (27,335 renter households) in severely cost-burdened renters.
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