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St. Anthony 2040 Comprehensive Plan Chapter 3: Community Profile <br />19 <br /> <br /> <br />quarter of St. Anthony households have an annual income of $100,000 or <br />more. <br />It is important to remember that there are people and communities living <br />in St. Anthony who are experiencing more of a struggle to make ends <br />meet. City policies and decisions with long-term implications must take <br />into account not only the “average” St. Anthony family but also seniors <br />and disabled individuals living on a fixed income, low-income families, <br />larger-sized households and residents of St. Anthony’s affordable housing <br />developments. There are many populations with unique needs who call <br />St. Anthony their home. <br /> <br /> <br /> Poverty rate <br />The poverty rate is defined as the <br />percentage of people who are <br />living at or below the “poverty <br />level”, which in 2015 was <br />measured at an income threshold <br />of $24,457 for a family of four. The <br />City’s poverty rate has risen from <br />5.1 percent in 2000 to 6.1 percent <br />in 2015, according to the latest <br />ACS estimates. However, St. <br />Anthony’s poverty rate today <br />remains significantly lower than <br />almost all of its surrounding <br />communities, and significantly lower than the Hennepin and Ramsey County rate <br />overall. <br />Poverty can be defined in a number of different ways, and a “poverty level” is a <br />somewhat arbitrary metric. Certainly there are households living above the <br />“poverty level” that may be struggling financially. School-aged children may <br />qualify for free or reduced lunch up to 185 percent of the poverty level. In the <br />Twin Cities metro, affordable housing thresholds are applied to households <br />making up to 80 percent of Area Median Income, which is $65,700 for a family of <br />four. Poverty is nuanced and likely impacts more than the 6.1 percent of St. <br />Anthony residents than the ACS statistics imply. <br /> <br />Community Below <br />poverty (%) <br />Saint Anthony 6.1 <br />Falcon Heights 11.1 <br />New Brighton 11.4 <br />Roseville 11.5 <br />Hennepin County 12.5 <br />Ramsey County 16.5 <br />Columbia Heights 16.8 <br />Minneapolis 21.9