Ericsson has a substantially lower poverty level than Minneapolis for both families and families with children. The City's poverty rate for families increased from 9 percent in 1979 to 12 percent in 1999, and the poverty rate for families with children increased from almost 16 percent to 19 percent. In this same time period, Ericsson's poverty rate for families increased from 2 percent to 3 percent, and the poverty rate for families with children increased from 3 percent to 6 percent. However, in 1999, the overall poverty level in both Ericsson and the city decreased from the 1989 level.
Ericsson has a substantially lower percentage of people living in poverty than Minneapolis does. In 1979, Ericsson had 4 percent of its residents living below the poverty level, and Minneapolis had 13.5 percent. The neighborhood's percentage of below-poverty-level residents rose to 7 percent in 1989, then decreased slightly to 6 percent in 1999. In comparison, Minneapolis' percentage decreased slightly from 19 percent to 17 percent in 1989. Ericsson's below-poverty-level seniors decreased to 0 in 1999, well below Minneapolis' level of 11 percent.
Last updated Sep 27, 2011