The sub-prime collapse could have disastrous effects locally. The forecast for local home prices through April 2008 is a 4.6% decline.
Fifteen percent of Pima County residents live in poverty
By Stephanie Innes
Arizona Daily Star
Tucson, Arizona Published: 08.28.2007
About 152,000 Pima County residents, or 15 percent of the county’s population, were living in poverty in 2006, the U.S. Census Bureau reported Tuesday.
The local poverty percentage remains higher than the national average of 13.3 percent, and also higher than the 12.7 percent for the greater Phoenix metropolitan area.
Within Tucson city limits, the percentage of people living in poverty is higher than in Pima County as a whole. In Tucson, one in five residents is living in poverty.
Tuesday, August 28, 2007
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