Posted on 07/29/2019 11:47:01 AM PDT by Hojczyk
Here are some economic stats and recent rankings for Charm City:Real estate: The median home value in Baltimore is $113,500, according to Zillow. Baltimore home values have declined 3.2 percent over the past year and Zillow predicts they will fall 4.2 percent within the next year. The median list price per square foot in Baltimore is $144, which is lower than the Baltimore-Columbia-Towson Metro average of $190. The median rent price in Baltimore is $1,400, which is lower than the Baltimore-Columbia-Towson Metro median of $1,650.
Jobs: The unemployment rate in Baltimore city was at 5.10 percent in May. Compare that to Maryland state’s 3.8 percent unemployment rate in June, while the national average sits at 3.7 percent.
Income: The typical household income in Baltimore was $46,641 in 2017, while the average family in the U.S. saw annual earnings of $57,652, according to the U.S. Census Bureau.
Poverty: According to Census Bureau data, the poverty rate in Charm City came in at 22.4 percent in 2017, compared to the national average of 12.3 percent.
City leadership ranking: Baltimore ranked as No. 129 out of 150 — (or 21 spots from the bottom of the list) — in WalletHub’s list of 2019’s best- and worst-run cities in America.
Crime: The city also took the No. 3 spot on 24/7 Wall Street’s recent list of the most dangerous cities in America. The No. 1 spot went to St. Louis, Missouri, while Detroit, Michigan took the No. 2 spot.
Retail sales per capita: In 2012, Baltimore rang in $5,871 in retail sales per capita, compared to the national average of $13,443, according to the Census Bureau.
(Excerpt) Read more at foxbusiness.com ...
Bump
I worked at Western Electric for fifteen years, located on Duvall Hiway right by Sparrows Point. Next door, since I’m on a roll, to General Motors truck building.
You’re right about Sparrows Point, once it went down Baltimore folded.
Western Electric closed up due to break up of the AT&T monopoly and General Motors left where all the car manufacturers from Detroit went.
Dundalk.
Step-daughter still lives there. Still got front stoops.
It is a sad reality, but the good folks in any bad city (regardless of “race”) leave when they can, and that leaves the city with even less producers than bwfore those folks left, and down it continues.
If there should be any “federal help” for such situations (not saying there should), the only help that makes sense to me is for internal migration to states with job creation rates above the national average. And if that were a federal policy, then I would also end all immigration for a period of time, or risk defeating the assistance with internal migration.
Free Traitors™ have really screwed up the USA.
I really do understand.
I just searched abunch of pics of “Vintage mattapan” and saved them to my desktop. I felt very nostalgic about those pictures.
Now. Look what you started! :-)
Nancy Pelosi wrecked 2 cities. Baltimore and San Francisco.
The plywood on the doors looks like our temp door as of this morning.
Every 20 plus years, we have our solid mahogany door taken down to be sanded and refinished.
My wife didn’t want to go through this process until we priced solid wood doors.
Oooh Solid mahogany! NICE! :-)
LBJ’s and the Democrats’ War on Poverty has destroyed every city, which were sold into the WOP by the democrat leaders in every city.
This War on Poverty was a new form of economic Slavery of black Americans living in the big cities, by the democrats.
The politicians in control of these cities have gotten rich while their cities became rat infested $hitholes with increased poverty for the citizens in these cities.
The War on Poverty Wasn’t A Failure — It Was A Catastrophe
57,390 viewsMar 19, 2014, 11:52am
Louis Woodhill Contributor
I apply unconventional logic to economic issues.
Has the War on Poverty been a failure? Well, of course it has. If you devote 50 years and $21.5 trillion (in 4Q2013 dollars) to anything, and people are arguing about whether it was a success or a failure, then you can be sure that it was a failure.
Have you noticed that, 50+ years from its inception, no one is suggesting that the Apollo program was a failure? The Apollo program was an unchallenged success because it accomplished its stated goal: “…to land a man on the moon, and to return him safely to the earth.”
The stated goal of the War on Poverty, as enunciated by Lyndon Johnson on January 8, 1964, was, “…not only to relieve the symptom of poverty, but to cure it and, above all, to prevent it.” Measured against this objective, the War on Poverty has not just been a failure, it has been a catastrophe. It was supposed to help America’s poor become self-sufficient, and it has made them dependent and dysfunctional.
Excerpted, for full oped go to the link below:
Don’t they have trash pickup?
How about rewarding neighbors with tools and supplies to begin a neighborhood restoration of their own instead of waiting for government to fix it?
Oooh Solid mahogany! NICE! :-)
It took two guys to get it down from its hinges and into a back of big pickup to be sanded and to receive a lot of stain and hand rubbed oil.
It is just under 3” thick and provides great insulation in extreme heat or cold.
My wife wanted a new door until we priced solid wood doors at HD.
Of course none of the new ones were made of good hardwood.
Indeed. They just don’t make them like that anymore.
“Indeed. They just don’t make them like that anymore.”
We were joking with our contractor and painter about how quickly they took down our door and loaded into the painter’s truck bed.
My wife and I both said, “At the price of real wood doors, it is amazing that people are not using battery driven skill saws to saw through the hinges and locks, and stealing real wood doors!”
Both of them, said that in some cities that is happening while the owners are away.
I wouldn’t be surprised!
You’re correct...
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