SAVI Index: FINANCIAL STABILITY
INCOME AND EMPLOYMENT1
$52,317
$65,607
UNEMPLOYMENT RATES IN
CENTRAL INDIANA COUNTIES
MEDIAN INCOME
for a Marion County
family in 2014
MADISON
BOONE
MEDIAN INCOME
for a family in the Indianapolis
Region in 2014
MARION
HENDRICKS
PUTNAM
8.2%
HANCOCK
6.6%
11.2%
6.1%
MORGAN
7.9%
JOHNSON
7.0%
10.3%
SHELBY
9.1%
$52.4K
$52.3K
2014
BROWN
2013
$53.2K
2012
$53.9K
2011
2010
2009
$54.1K
5.0%
4.8%
MARION COUNTY INCOME OVER TIME
Median family income in Marion County has been falling since 2009.
$54.4K
HAMILTON
HOUSEHOLD EXPENSES
To be financially stable, housing should cost no more
than 30% of a household’s budget, and no more than 45%
should go toward housing and transportation combined2.
8.1%
OTHER COUNTIES 30%
MARION COUNTY 24%
IDEAL MAXIMUM 30%
HOUSEHOLD
SPENDING2
22%
27%
1-in-3 Marion County households are cost-burdened,
spending more than 30% of their income on housing. This
is a higher rate than all other Central Indiana counties.
15%
ON HOUSING AND
TRANSPORTATION
Housing Costs as Pct. of Income
Transportation Costs as Pct. of Income
Other Costs as Pct. of Income
FINANCIAL STABILITY NEEDS3
In the first half of 2016,
Marion County residents called with
211
CALLS
7,788 NEEDS
related to financial stability,
like employment and
income support.
CALL OUTCOMES
93% of needs were met
TYPE OF NEED
Employment
Income Support
19%
81%
Sources: 1. American Community Survey 5-Yr. Estimates, 2. Center for Neighborhood
Technology (data for median income household), 3. Connect 2 Help
For SAVI Financial Stability initiatives, contact Sharon Kandris, [email protected]