Measuring the Impact of Multidimensional Poverty on Louisville's Competitiveness
The Greater Louisville Project’s 2015 Competitive City Update, “Louisville: A Focus on Poverty,” examines poverty beyond income both within Louisville and in comparison to its peer cities. The report also explores the connections between poverty and Louisville’s Deep Drivers of Change: Education, 21st Century Jobs, Quality of Place, and Health. The report draws a clear connection between levels of concentrated poverty and the city’s overall competitiveness.
For the first time in this report, the GLP assesses Louisville by neighborhood, using census data combined with a multidimensional poverty index developed by the Brookings Institution. Brookings’ analysis indicates that the effects of multidimensional poverty on a resident do not just add up – they compound the barriers to each citizen’s success and wellbeing.
Louisville ranks 15th out of its 17 peer cities in concentrated poverty, with 1 in 7 Louisvillians living in a multidimensionally poor area. In comparison to peer cities such as Nashville, St. Louis, and Cincinnati Louisville is lagging behind, making it harder for individuals and the city itself to succeed.