In a recent government meeting, officials discussed the pressing issue of housing affordability in Jacksonville, highlighting the challenges faced by low to moderate income households. A presentation featured a chart illustrating area median income percentages, emphasizing that many families in the region fall within the 50-60% area median income bracket. This demographic primarily consists of families, with a significant number of single-earner households struggling to meet housing costs.
The meeting revealed that over 6,500 low to moderate income households in Jacksonville are currently experiencing housing need, defined as spending more than 30% of their income on housing-related expenses. Among homeowners, a notable portion of those affected are families, while nearly 75% of renters facing housing need are also families.
The discussion further delved into the severity of housing need, with approximately 2,000 households classified as experiencing severe need, spending over 50% of their income on housing. These households, earning around $23,000 annually, often find themselves with as little as $600 left for essential expenses such as food, transportation, and childcare after paying rent, which can reach approximately $1,300.
Officials underscored the importance of understanding the various dimensions of housing need, which not only includes financial strain but also encompasses issues of housing quality and overcrowding. The meeting served as a critical reminder of the ongoing housing crisis affecting many families in Jacksonville, prompting calls for targeted solutions to alleviate these challenges.