Renters
often spend varying amounts of income on rent. People who rent homes
likely rent because they cannot afford to purchase a house of their own.
Asian people tend to spend a little more of their income directly on
rent, up to 50 percent in some areas of Eau Claire. Whites spend up to
33 percent. The following bulleted points and maps summarize this.
-
Stand-out areas for Whites include:
-
The Student Housing Area where students spend around 25
percent of their income on rent. One would think this
percentage would be higher here as 95 percent of the renters are
in poverty in these areas, however, it would be logical to
assume that many of the students also spend a great deal of
their money on tuition, leaving less left over for rent expense.
-
The Third Ward is another area with high rates of young
renters. See
Renters in Poverty
for more information about where young people and middle-aged
people live. There is a slight increase in the percent of rent
put towards rent in this area. The increase is quite small so
it probably indicates that the percent is large due to slightly
higher rent in this area or a few renters paying more than
others towards rent; causing a skew in the numbers.
-
As you move away from the Student Rental Area and get into the
suburbs a lower percent of income (notice the white surrounding
the city) is spent on rent. These are more expensive (for more
information see
Median Gross Rent.)
rentals. People who rent expensive places probably make more
money, thus require less of it to be spent on rent.
-
Stand-out areas for Asians include:
-
The area near Dells Pond, on the north side of downtown
along with a rather unrelated area near the Chippewa River and
south of Clairemmont Avenue are areas where the Asian population
spends up to 50 percent of their income on rent. This is
considerably higher than the top percentage for Whites of 33
percent.
-
The white areas in the downtown area of Eau Claire indicate one
of two possibilities: Either the Asians who live in these areas
are not spending much of their income on rent, or there are not
very many Asians living in the downtown area of Eau Claire. The
latter is probably the most likely answer, and the few Asians
who do live in downtown Eau Claire happen to not spend more than
15 percent of their income on rent.
-
Referring back to the
Median Gross Rent and
Renters in Poverty
maps, it is clear that the three variables correlate with one another.
These correlations will lead one to believe:
-
People are renting and living below national poverty levels
-
People who are in poverty levels are likely renting low-rent
apartments
-
People who are renting low-rent apartments spend more of
their income on rent
-
The three variables reinforce the widening gap between the wealthy
and the poor, for the poor are very poor while the wealthy are very
wealthy; there really isn't much in-between. Even the so called
'Middleclass' is much better off than the poor, and really not that
far behind the wealthy.
|