Carl H. Lindner College of BusinessCarl H. Lindner College of BusinessUniversity of Cincinnati

Carl H. Lindner College of Business

JOURNAL NEWS: Census Shows City is One of Poorest

Source:
Journal News
Published:
Monday, December 19, 2016 6:29 PM
Research assistant professor at the University of Cincinnati's Economics Center discusses potential reasons why Cincinnati ranks in the country's top 10 for most impoverished cities. 

Benjamin Passty, research assistant professor at the University of Cincinnati’s Economics Center, says urbanization and the state of the labor market in 2010 are two more possible reasons for the high poverty rates.                                                              

“Poverty rates are usually higher in the cities. That’s because there tends to be larger extremes in the cities, period,” Passty said. “2010 is when the labor market was really starting to slow down and you’re looking at data that really comes from the worst part of the labor market all over the place.”

Poverty rates will also be higher in Ohio, Passty said, due to the state’s lower cost of living in comparison to the rest of the U.S.

“There will be higher rates of poverty in places where cost of living is lower,” Passty said. “People are actually doing better than what you’re seeing.”