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The gap in housing affordability: homeowners and renters <br /> who pay more than 30%of their income for housing costs: <br /> Homeowns % Renters <br /> Arden Hills 344 13.5% 130 36.8% <br /> Mounds View 408 12.1 410 30.8 <br /> New Brighton 737 13.2 994 33.6 <br /> Shoreview 1,210 15.7 285 22.5 <br /> Metro area 88,412 14.9 112,976 40.1 <br /> Columns are:Number of owner households paying more than 30%of their income for housing costs;percentage of <br /> the same;number of renter households paying more than 30%of their income for rent;percentage of the same.All <br /> figures are for 1989. <br /> If a household is paying 30% or more of their income for housing costs, it is considered <br /> affordable to that family; and housing costs are likely infringing upon their ability to meet other <br /> basic needs such as food,medical care and transportation. In all the communities except <br /> Shoreview, one-third of renters pay more than 30% of their incomes for housing. One in six <br /> homeowners are similarly burdened by high housing costs. These figures vividly demonstrate the <br /> need for more lower-cost housing, especially to meet the needs of families who rent. <br /> Job Needs: <br /> Percent in labor force Percent Unemployed <br /> Arden Hills 72.6 1.6 <br /> Mounds View 80.4 4.9 <br /> New Brighton 77.8 4.0 <br /> Shoreview 80.9 2.5 <br /> Metro area 74.5 4.6 <br /> Unemployment rates are no worse and even a little better for this area compared to the Twin <br /> Cities area as a whole. And, labor force participation is generally higher as well, another sign of <br /> economic health. However, residents in this area are probably forced to commute to jobs <br /> elsewhere in the region, more so than residents of other suburban cities. Recent reports show that <br /> most of the recent job growth in the Twin Cities metropolitan area has been in the southwestern <br /> suburbs. 240,000 jobs were created in the metropolitan area in the 1980s. Over two-thirds of the <br /> manufacturingjobs were created in the southwestern suburbs which comprise only 25 percent of <br /> the region's population. The northern suburbs are clearly not getting their fair share of jobs. <br /> Thus, in spite of comparable unemployment levels, economic development focusing on job <br /> creation is needed. (Source: Archdiocese of St. Paul and Minneapolis) <br /> 8 <br />