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Progress Toward a Shared Vision of Economic Equity in Detroit

Detroit Future City (DFC) this fall released a report and outline to define a shared vision of economic equity in Detroit. According to DFC, in a circumstance in which the income of the median household in the city is only half that of the region and where pandemics and recessions magnify and deepen disparities, it is imperative to establish a common vision to guide collective action for improvement.

Key statistics that illustrate the urgency for this action include:

  • Unemployment rate in Detroit for ages 16-64 is 12% among African American residents, 8% among Latinx residents, and 8% among white residents.
  • The median household income in Detroit it $34,000
    compared to that of Metro Detroit, which is $63,500.

Source: American Community Survey, 2019

DFC engaged with more than 500 stakeholders from community members and leaders to national experts to inform the vision that in an economically equitable Detroit, “all Detroiters are meeting their unique needs, prospering, and fully and fairly participating in all aspects of economic life within a thriving city and region.”

To fulfill this vision, DFC has committed to the following data-informed tactics:

  • Develop Detroit-specific indicators of economic equity that will be published in a baseline report.
  • Share high-quality accessible research to advance the well-being of all Detroiters.
  • Develop a dashboard and supportive technology that will allow stakeholders to set priorities and track progress towards achieving economic equity.
  • Engage, inform, and influence the private sector, investors, policymakers, and civic leaders to promote economic equity.

View the full report.