Economic development is, at its core, about promoting the entire community—its people, demographics, and overall quality of life. Yet many economic development conversations overlook poverty reduction, assuming that “a rising tide lifts all boats.”

In reality, high poverty rates—and their effects on neighborhoods, education, and business opportunities—are significant barriers to growth.

By addressing poverty directly, communities become more attractive and easier to promote.

Toledo’s Distressed Communities Index offers eye-opening insights for economic development.

While there are many local, positive developments to celebrate, it also highlights a growing inequality of place. The wealthy continue to accumulate resources, the poor fall further behind, and the middle class increasingly feels the strain.

Individuals and businesses use this data as the criteria when they consider locating in our region.

Learn more at UnitedForALICE

Facing the Facts in Lucas County

19% of households are living in poverty

24% of households are within the ALICE range and struggle to meet basic necessities

43% of households are in daily need of support

Data from United for ALICE sheds light on the “working poor”—households that are employed yet still unable to meet basic needs.

Families in poverty don’t have enough resources to move to more prosperous neighboring regions. They stay where they are, and rely heavily on the support of friends and family – on relationships – for day-to-day survival.

Increasing income segregation limits social networks that support upward mobility.

As a community, we must rethink how we foster upward mobility for all residents.

True economic development stems from strong, inclusive communities—places where everyone has the opportunity to thrive.

We can create collective impact initiatives based on “Mobility Metrics” (factors associated with long-term economic success) that make our community an attractive place for people to work, play, and live.