Indicators of Community Strength Executive Summary Greater Richmond & Petersburg Region 2016 Letter from the Letter from the Chief Executive Officer Chief Impact Officer Our region has incredible resources that make it a great place to Astounding evidence exists that the single greatest predictor live and raise a family. At the same time, the challenges facing us of individual resilience – the ability to thrive under stress – are signifisignificant cant and, like many places, becoming more complex. is positive, personal relationships. We can offer no greater United Way of Greater Richmond & Petersburg’s annual Community social, health, or economic benefit to infants and young Indicators Report provides a broad view of our regional economic children than the gift of loving parents who are present and and human landscape and brings attention to the trends and engaged every day. emerging concerns that help our region plan and respond to them. Our youth and emerging adults transition more successfully to Our most pressing concern now is the rapid increase and sustained adulthood when they, too, enjoy robust social relationships. levels of poverty across our area. With continued re-gentrifire-gentrification cation Likewise, strong social supports protect older adults by of the cities and movement of our working, lower-income residents increasing access to health care, boosting immunity, and to suburban areas, more services are needed across a broader correlating to improved medical outcomes. geography. To limit and counter the negative impacts of poverty, our charge is to grow prosperity across our region. Our connections to each other, our collective willingness to ask for help, to give help, and to advocate for change meld Renewed partnerships, greater collaboration and collective action to forge a Greater Richmond and Petersburg region that has are needed to meet these challenges. Understanding that our bounced back from adversity time and time again. The power enlightened self-interest extends beyond our neighborhoods of this place, which arises transformed from a centuries-deep will help us consider resources that bridge counties and cities, narrative of historical trauma and disparity, is our legacy of governments, businesses, and not-for-profinot-for-profit t sectors. United Way is individual and community resilience. working alongside willing partners across these sectors to develop and implement strategies that build a stronger region. Gigi Amateau Chief Impact Officer James Taylor United Way of Greater Richmond & Petersburg Chief Executive OffiOfficer cer United Way of Greater Richmond & Petersburg In the Greater Richmond and Petersburg area, the total population United Way Region has increased by 6% since 2010 and by 21% since 2000. Of the total population, 62.5% are white (712,566 people) and 37.5% are a Population Trends minority race (427,657 people). Total Population 2015 Estimate No hrt Anna Ri ve r r Littleve Ri hanover Total population increased 6% outhS Anna Ri rve goochland 95 since 2010 and 21% since 2000. Pa munkey Riv 64 James Ri er rve 295 Areas of largest increase Chick James River ahominy Ri Deep Creek powhatan richmond rve 64 oppA New Kent 10.7% atom x rve Ri new kent Swift Creek henrico Chesterfield 6.2% 95 Henrico 5.9% chesterfield Diascund charles city Creek W est Creek colonial heights Appomatox River petersburg n k Hatcher Ru Warwick Namozine Cree Swamp dinwiddie 85 Butterwood Creek Ro wanty Creek onySt Creek Sappony Cree Notteway Riv Sources: U.S. Census Bureau, Population Division 2015 Estimates Aging Population er k Esri, National Atlas of the United States and the Unites States Geological Survey, Tomtom Virginia Department of Transportation’s (VDOT) Transportation Since 2010, the number of older adults has and Mobility Planning Division (TMPD) increased by 25% to 31,736 people in 2015. By 2040, the number of older adults will double. Charles City Chesterfi eld Colonial Heights Dinwiddie Goochland Hanover 7,o40 335,687 17,820 27,852 22,253 103,227 Henrico New Kent Petersburg Powhatan Richmond 325,155 20,392 32,477 28,031 220,289 Indicators of Community Strength 2016 | United Way of Greater Richmond & Petersburg Executive Summary 3 Executive Summary 4 The Federal government sets a poverty level or threshold for household United Way Region income each year. It is this threshold that determines which families and individuals receive support from government agencies and programs Poverty Overview funded by government grants. How are Poverty Thresholds Percent of Total Population Living in Poverty by Census Tract Determined? 0% - 7% Poverty thresholds are based on a formula of hanover goochland estimating the cost to feed a family for a year then 8% - 15% 95 multiplying by three. This formula was set during 16% - 27% 64 President Johnson’s “war on poverty” in the early 295 1960s when the average family spent an estimated 28% - 46% k powhatan one-third of its budget on food. If a household Deep Cree richmond 47% - 72% 64 earns less than the amount determined by the henrico new kent formula, the household is considered to be living 95 in poverty. The measure is the same across the chesterfield charles city country, without consideration of the cost of living in different areas. colonial heights petersburg Because the poverty thresholds are extremely low and largely inadequate to meet even basic needs, 85 United Way of Greater Richmond & Petersburg considers 200% of the Federal threshold as a starting point for basic economic well-being. Sources: U.S. Census Bureau American Community Survey 2010-2014 5-year estimates Esri, National Atlas of the United States and the United States Poverty Trends Geological Survey, Tomtom The largest increases in poverty were in Chesterfi eld, Hanover and Henrico counties, where Poverty Increases in Unexpected Counties Percent of Total Population with Income poverty more than doubled (combined 68,176 Below 200% of Poverty people). That’s more people in poverty than the 68,176 United Way Region cities of Richmond, Petersburg and Colonial 60,000 Heights combined (32,478 people). 32,478 22.2% 24.0% 27.2% 30,000 (203,162) (239,774) (293,360) In 2000, 22.2% of the United Way Greater Richmond-Petersburg Region met the 200% of 0.0 Chesterfield, Hanover Richmond, Petersburg Federal Threshold of Poverty. That number increased and Henrico and Colonial Heights 2000 2005-2009 2010-2014 to 27.2% in 2014, from 203,162 people to 293,360. Financial well-being indicators examine income and the factors that United Way Region support or hinder the ability of individuals and families to thrive fi nancially. Poverty, employment, affordable housing, and fi nancial Financial Well-Being Overview literacy all affect an individual’s fi nancial well-being. 2014 Median Petersburg $32,749 Richmond Household $42,074 Charles City $49,768 Income Helping families and individuals move from poverty to Dinwiddie $52,288 Colonial Heights $52,355 long-term fi nancial stability requires a holistic approach Henrico $62,446 that works over time on key stabilizing features: stable New Kent $72,406 Chesterfield $72,972 and affordable housing, adequate banking, household Powhatan $75,539 Hanover $81,940 sustaining income, employment, and income equality. Goochland $86,610 United Way develops and invests in whole-family Virginia $64,923 approaches that promote household fi nancial well-being that create system-level pathways to prosperity. Hidden Restrictions on Growing Stability According to Brookings Institution research, the average full-time worker without a bank account can spend $40,000 in fees in their lifetime simply cashing paychecks. For more information, see www.brookings.edu/articles/ bringing-unbanked-households-into-the-banking-system Percent of Renters and Owners Paying Unemployment 30% or More of Income for Housing United Way Region United Way Region 48.8% 48.3% 10.0% 7.4% 7.6% Note: These are conservative estimates of unemployment because 38.5% Renters 6.3% 5.4% they may not capture those who have stopped searching for work, 3.6% 4.2% 4.5% settled for part-time work, or are underemployed. Owners 5.0% 2.0% 27.1% 26.2% 19.6% 0.0% 2000 2005 2008 2009 2010 2012 2014 2015 2000 2005-2009 2010-2014 Source: U.S. Census Bureau, 5-year American Community Source: Local Area Unemployment Statistics (LAUS) Program and Bureau Survey Estimates of Labor Statistics Indicators of Community Strength 2016 | United Way of Greater Richmond & Petersburg Executive Summary 5 Executive Summary 6 United Way Region Financial Well-Being Overview Percent of Total Population in Poverty by Race United Way Region 8% 21% 16% 9% 12% 22% 19% 24% American Community Survey 5-Year Estimates Poverty & Race Poverty & Older Adults There are signifi cant disparities in income levels across our region and nationally. By One in four older adults in our region live at or below the poverty threshold. With the 65 and examining differences in household income and fi nancial well-being across populations, older population expanding in our region, demands on public and health systems are likely we better understand – and can better address – the underlying issues of long-standing to increase. It’s crucial that our region’s built environment and community-based supports and multi-generational poverty. While our society has made and is making strides to are accessible, available, and affordable to support optimal aging for everyone, regardless change these dynamics, the work of creating a more equitable nation and region requires of income. Older adults who maintain a strong network of positive relationships enjoy better our continued consideration. health, greater happiness, and longer lives. Poverty, living alone, limited mobility, and lack of encouragement during trauma or transitions can have particularly damaging effects on well- For information, see: being and longevity. www.npc.umich.edu/publications/policy_briefs/brief16/PolicyBrief16.pdf Understanding child health and well-being is crucial in fostering healthy United Way Region environments for children to learn and grow.