How to End Income Inequality in Atlanta

Posted October 29, 2024
The image depicts — from behind — a young Black boy sitting atop the shoulders of his father. The two are outside staring at the sunset.

In the five years since the release of the Annie E. Casey Foundation’s 2019 Chang­ing the Odds report, we’ve seen encour­ag­ing progress in Atlanta. As detailed in our 2024 report, address­ing inequity and cre­at­ing equi­table out­comes are now a major pri­or­i­ty for the city’s pri­vate and pub­lic stake­hold­ers. Atlanta’s non­prof­its and sys­tems are also using dis­ag­gre­gat­ed data to bet­ter under­stand how the lat­est trends affect dif­fer­ent kinds of res­i­dents, includ­ing low-income house­holds and house­holds of color.

Although this progress is notable, the data also show that Atlanta’s Black res­i­dents con­tin­ue to face widen­ing inequity:

  • Between 2013 and 2021, the city’s Black-white medi­an income gap increased by $3,529.
  • Dur­ing that same peri­od, the employ­ment rate for Black Atlantans increased by 12% while the gap between the employ­ment rates of Black and white res­i­dents nar­rowed from 15% to 6%.

How Does Afford­able Hous­ing Affect Wealth Build­ing? 

Tak­en as a whole, the data show us that employ­ment alone can­not fix the widen­ing income gap between Black and white Atlantans. Below, you’ll find two major strate­gies the Casey Foun­da­tion and its part­ners are pur­su­ing to close the racial wealth gap and encour­age Black wealth build­ing in Atlanta.

Con­nect­ing Atlanta Res­i­dents to Liv­ing Wage Jobs

Although employ­ment rates are up among Black Atlantans, these res­i­dents need jobs that pay a liv­ing wage and include ben­e­fits like health insur­ance. High-qual­i­ty employ­ment helps par­ents not only sup­port a fam­i­ly, but also enables inter­gen­er­a­tional wealth building.

Learn How to Sup­port Stu­dents of Col­or in Atlanta 

To help Black res­i­dents afford to live in the city in which they work, the Casey Foun­da­tion has invest­ed in sev­er­al part­ner­ships focused on pro­vid­ing local path­ways to high-qual­i­ty employ­ment. These include:

Sup­port­ing Black Entre­pre­neur­ship in Atlanta

Accord­ing to a youth-led par­tic­i­pa­to­ry research project spon­sored by the Casey Foun­da­tion, Black youth and young adults see entre­pre­neur­ship as the most appeal­ing path to build­ing wealth. Casey’s efforts to sup­port Black entre­pre­neurs in Atlanta include:

  • Pitts­burgh Yards. This 31-acre, Casey-fund­ed devel­op­ment in south­west Atlanta pro­motes entre­pre­neur­ship by pro­vid­ing afford­able office space, crit­i­cal tech­ni­cal assis­tance, and net­work­ing oppor­tu­ni­ties for Black entre­pre­neurs and com­mu­ni­ty members.
  • The Ke’Nekt. The Foun­da­tion is a long­time sup­port­er of the Ke’Nekt, a retail incu­ba­tor that con­nects and sup­ports south­west Atlanta’s Black busi­ness com­mu­ni­ty. In the com­ing year, it is set to pro­vide tech­ni­cal assis­tance, fund­ing and com­mu­ni­ty to over 40 Black small businesses. 

No one approach can close the racial wealth gap and make the odds of Black wealth cre­ation more favor­able. To begin dis­man­tling the many long­stand­ing chal­lenges Atlanta’s Black res­i­dents face, they need a vari­ety of sup­port­ive ser­vices and resources for sus­tain­able sys­temic change.

Ade Ogun­toye is a senior asso­ciate with the Casey Foun­da­tion’s Atlanta Civic Site.

Learn more about the 2024 Chang­ing the Odds report

This post is related to:

This post is part of the series: