The economic impact of cost-burdened households in Dallas County could mean less buying power and fewer financial choices, especially among lower-income residents. A two-person household in Dallas making less than $62,400 is considered low income,The household’s take-home pay would be around $53,000. About 41% of Dallas County households were considered low-income, according to 2021 Census data.
They pay for one car instead of two, frequently use fans instead of air conditioning to cut their energy bill and eat low-cost food. Sometimes they skip meals entirely. Aguinaga occasionally works side jobs like repairing equipment to make ends meet.Carrillo sometimes misses cardiograms and check-ups to monitor her health after having heart surgery. Aguinaga can’t remember the last time he went to the dentist or optometrist.
“We would like to stay here if we can, [and] maybe find some housing out in Garland or Irving somewhere that’s maybe not so close to downtown,” Aguinaga said. “But even those suburban areas are really expensive.” Emilio Aguinaga and Heather Carrillo pose for a portrait at their apartment in Dallas, Monday, October 10, 2022. Their rent is increasing by about $200.Clare Losey, an economist with the Texas Real Estate Research Center at Texas A&M University, said that in addition to housing costs, inflation is making people spend more on food, transportation, health care, energy and other necessities.
Lower-income families have absorbed the brunt of the escalating price spiral, some at risk of homelessness, with many more falling behind on rent, getting evicted and living in their cars or seeking shelter, according to North Texas housing service agencies.Black and Hispanic residents in Dallas County — about 65% of the population — are disproportionately impacted by rising rents. According to the U.S.
Yeah but the weather is great…wait.
Wait til after Universal Studios builds the Theme Park in Frisco Tx.
Well, DUH!!!
It was only a matter of time. Dallas is a crime-ridden, lib-run Hell hole. The areas around it have become an economic powerhouse. Jobs, low-crime, opportunity. People fleeing other lib-run crime holes and flocking to those areas. I don't understand why people are surprised.
Immigrants get free money, drives up prices for everyone else. Disgusting.
It’s not just cost that’s making Texas a bad place to live. Try guns everywhere, lack of healthcare, book bans , voter suppression and encouraged hate
I guess locking down the economy and handing out cash wasn't such a smart fcuking move was it?
Keep voting 🔵‼️