How to End Income Inequality in Atlanta
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:
- Southside Works. This collaborative model brings together partners like the Atlanta Center for Self Sufficiency and STRIVE. They provide technical support, wraparound services and interview and job readiness to those seeking employment or higher wages on Atlanta’s Southside.
- Thrive by 25. Atlanta — one of three Thrive by 25 sites — is home to CareerReady ATL, an initiative of the United Way of Greater Atlanta. As a Thrive by 25 partner, it promotes apprenticeships as an important pathway to living wage, high-quality jobs for younger adults.
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.