Financial Empowerment
Opportunities to build wealth and the cost of living in St. Louis
Financial Empowerment Topic Score
39
The topic score is the average of the latest scores for the equity indicators listed below.
About
There are 8 indicators that are used to measure racial equity in Financial Empowerment.
All scores are reported on a scale of 1 to 100, with 1 representing inequity and 100 representing equity.
Financial Empowerment Indicators
Showing latest equity scores for each indicator. Click an indicator for details.
Unemployment
22
Unemployment measures the percentage of working-age residents who are not working and report that they are looking for work and available to take a job if offered one
Median Household Income
42
Median Household Income measures all the wages and cash benefits that members of a household earn before paying taxes
Adult Poverty
37
Adult Poverty measures the percentage of adults who live in households whose incomes are below the federal poverty line in the City of St. Louis
High-Wage Occupations
35
High-Wage Occupations measures the percentage of workers living in St. Louis who are employed in the sectors with the highest median salaries in the region, which includes management and STEM (science, technology, engineering, and math) occupations
Severe Rent Burden
40
Severe Rent Burden measures the percentage of renter-occupied households in the City of St. Louis that spend more than half of their income on rent
Homeownership
47
Homeownership measures the percentage of households in the City of St. Louis that are owner-occupied
Home Loan Denial Rate
28
Home Loan Denial Rate measures the percentage of applications for home improvement and home purchase loans that are not approved by lenders for a specific, listed reason
Business Ownership
68
Business Ownership measures the share of St. Louis city residents who were employed in the last five years that are business owners