Louisville's Peer Metros in Housing Stability: Poverty Rates

The fourth metric that we used to identify Louisville’s peer metros is poverty rates. This is a pivotal measure of housing stability and a reliable indicator of the limitations in the current opportunity structure. Once again, it is quite apparent that Louisville and its peer metros are bundled together tightly around this metric. The total range from low-to-high is a measly 1.8 percentage points. 

That said, the Louisville peer with the closest poverty rate is the same metro that is its closest peer overall (see graph below). Up to this point, we could only say that for the median home value metric, and even then, there was a tie. Speaking of ties, there were two metros with poverty rates that were both equally distant and most distant from Louisville’s value; one was 0.9 percentage points lower and the other was the same value higher. The lower and most distant value belongs to the metro that ended up fourth-closest on the final list, while the higher and most distant value belonged to Louisville’s second-closest peer. The three other peer metros had poverty rates within 0.3 percentage points of Louisville’s rate. 

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