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California PACEs Action

Report: Hundreds of thousands in Orange County are struggling financially [OCRegister.com]

 

With balmy weather and low unemployment, Orange County may be a fine place for those with well-compensated jobs, paid-down mortgages or decent retirement income.

But before we boast about our quality of life, consider the grim statistics in the county’s annual Community Indicators Report, released last week.

• Nearly 1 in 4 residents lives in poverty.

• Nearly two-thirds of local jobs don’t pay enough for a worker to rent a one-bedroom apartment.

• Orange County’s cost of living is 85 percent above the national average, but its median income is only 42 percent higher than the nation’s median.

The stark reality is that hundreds of thousands among our 3.2 million residents struggle against immense odds.

To continue reading this article by Margot Roosevelt, go to: http://www.ocregister.com/arti...-percent-orange.html

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